Bitcoin has been stuck in a rut since hitting record highs in April of nearly $65,000 per coin.Many top cryptocurrencies have retraced gains from earlier this year.Experts told Insider that the ecosystem is still thriving, and now is the time to gain exposure.Over the past few months cryptocurrencies far and wide experienced a period of…
General Crypto
General Crypto
Sam Bankman-Fried and Binance’s Changpeng Zhao spoke out on dedicating their life’s work to crypto in an interview. Here are their best quotes.
Sam Bankman-Fried, founder and CEO of crypto exchange FTX.FTX Official/YouTube The CEOs of two of the world’s top were both recently interviewed by the New York Times on everything from their personal histories to risk and regulation.FTX’s Sam Bankman-Fried spoke on excessive leverage, his company moving out of Hong Kong, and why FTX has a…
Billionaire Bankman-Fried’s FTX Becomes Latest Big Crypto Exchange Limiting Risky High-Leverage Trading
Topline Fresh off its massive funding round last week, FTX Trading, one of the world’s busiest cryptocurrency exchanges, has decided to curb risky trading by limiting investments that take on too much debt, following in the steps of other exchanges that have clamped down on high-margin trading amid massive market volatility and growing regulatory scrutiny.…
Rishi Sunak plans to replace our cash with official digital currency | Daily Mail Online
Cash in people’s pockets would be superseded by a new ‘Britcoin’ digital currency in a plan being pushed by Chancellor Rishi Sunak .In what Treasury insiders say would be the biggest upheaval in the monetary system for centuries, the Bank of England would establish a direct digital equivalent to physical money and take control of…
Crypto-based ‘shadow financial market’ spooks regulators
Gary Gensler answers questions from senators while testifying before the Senate Banking, Housing and Urban Affairs Committee on May 22, 2012.| Chip Somodevilla/Getty Images The creators of some of the services are beginning to make contact with regulators.Marc Boiron, general counsel of the decentralized exchange builder dYdX, said in an email that “we have proactively…
How to invest bitcoin in IRAs for retirement
Nicolas Economou/NurPhoto via Getty Images For Matthew Roed, Social Security is looking a lot less promising than the money he’s stashed away in his BitcoinIRA. Roed is a registered nurse living in Golden Valley, Minnesota, and he says he’s spent 16,000 hours researching all things bitcoin .His conclusion? Investing in the cryptocurrency is the key…
Robinhood promises to fix ‘the issues’ that outraged customers when it restricted trading in meme stocks
Robinhood CEO Vlad Tenev acknowledged the company angered many customers after it blocked them from trading GameStop and other red-hot stocks.On Saturday, Tenev promised to learn from past mistakes and “ensure they never happen again.” Saturday’s roadshow event comes just days ahead of the commission-free trading app’s hotly anticipated IPO.10 Things in Tech: Get the…
How to Use ‘Lead-Lag Strategy’ to Profit in Crypto, Trader Explains
Martin Cheung is an options trader at crypto-trading firm Pulsar Trading Capital in Hong Kong.He breaks down the “lead-lag strategy” he deployed to generate huge profits in the crypto market.Cheung also shares one of his favorite digital asset tokens, and thoughts on the recent crypto price correction.When bitcoin briefly dipped below its key support level…
NFTs Are Coming to India’s Flourishing Art Market | Ruchir Dalmia- CoinDesk
The arts sector has visibly struggled during the pandemic.A study by Art Basel and UBS found that public auction sales have fallen by an average of 30% over the past year.The impact has in part been offset by a forced transformation as some auctioneers and galleries, turned reluctant disruptors, moved to engage patrons through digital…
Watch: Trump forgets name of Taliban leader, calls him ‘Mohammed’, impersonates him with grunts
[Independent TV] Showing now | News 01:09 Trump forgets name of Taliban leader, calls him ‘Mohammed’, impersonates him with grunts Former president Donald Trump returned to the stage on Saturday night with a speech packed with well-trodden claims of election fraud and attacks on Democrats and Republicans alike.In addition to President Biden, Hillary Clinton and…