American publisher Steve Forbes has attacked bitcoin’s fixed supply saying this feature actually curbs the ability of the crypto to “meet the needs of a growing economy.” He also argues that bitcoin cannot replace the dollar because it is presently too volatile to function as money. Forbes insists that money […]
The head of the International Monetary Fund (IMF) has called on countries worldwide to spend as much as they can and then spend more. She admitted that this is a “very unusual” policy for the IMF but it is needed to revive economies. Many people are interpreting her statement as […]
Key Takeaways Cardano saw its price plunge by 42% after reaching a nearly three-year high of $0.39. The downswing presented an opportunity for investors to “buy the dip,” which allowed ADA to rebound quickly. If buying pressure continues mounting, this altcoin could rise by more than 900%. The sixth-largest cryptocurrency […]
According to information on the Japanese regulator’s website, the Kanto finance bureau added Angelo Limited and NEXTART to its warning list today and cited that the two FX brands lack registration in the country. Both firms either made solicitations or offered services online in Japan and/or in Japanese while not […]
Key Takeaways While the community awaits for MimbleWimble, a team of developers has created a bridge to enable private Litecoin transactions. Incognito wallet users will be able to send a receive LTC tokens without the ability of third parties to surveil funds. The move could boost the token’s price despite […]
Multi-regulated brokerage firm, ThinkMarkets has widened access to trading CFDs based on cryptocurrencies for its clients. Starting tomorrow, the broker is extending trading hours for its CFD cryptocurrency products to be traded 24/7, including on the weekends. Before that, cryptocurrency CFDs traders at ThinkMarkets were having their contracts expired each […]
Consob, the government authority in Italy responsible for the regulation of the Italian securities market, announced today that it has shut down 6 new websites offering unauthorized financial services in the country. According to the official announcement, the authority has ordered internet service providers to block the websites of Axedo, […]
TF Global Markets (Aust) Limited, the Australian unit of forex broker ThinkMarkets, has filed a lawsuit against its former employee James Sorenson over some serious allegations of data theft and distributing them to its rival. The 31-page lawsuit filed at an Illinois court detailed that the former employee gained access […]
Oaktree Capital co-founder Howard Marks is warming up to cryptocurrency. Once a crypto skeptic, he now says “thankfully” his son is “quite positive on bitcoin” and “owns a meaningful amount for our family.” Howard Marks Warming up to Crypto Howard Marks, co-founder and co-chairman of Oaktree Capital Management, talked about […]
Key Takeaways Uniswap’s liquidity peaked in November 2020 at $3.36 billion, then declined after the DEX’s incentives ended. Now, Uniswap’s liqudity has returned to $3.18 billion. New incentives for liquidity providers are under consideration. Uniswap’s liquidity is surging. At press time, the decentralized exchange had $3.18 billion of liquidity. Uniswap […]
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