admin_rmitr Bitcoin’s evolution and its distinct role as both a currency and a technology were central topics in a discussion with Gary Cardone, founder of Cardone Digital Ventures. During the roundtable, anchor Rob Nelson conversed with Cardone about Bitcoin’s multifaceted nature, highlighting how it differentiates itself from other assets like gold and tech companies such as … Read more
LESSER EVILISM It’s well-known that many Bitcoin purists prefer to keep their business and politics separate from other cryptocurrencies and blockchains. This mindset contributed to the backlash faced by Donald Trump, the Republican U.S. presidential nominee, after he promoted World Liberty Financial, a decentralized finance project that is far from Bitcoin. This project comes with … Read more
JPMorgan & Chase (NYSE ) CEO Jamie Dimon has been a vocal critic of the cryptocurrency sector over the years. Although Dimon’s position has shifted somewhat—now that JPMorgan owns Bitcoin through ETFs—his past remarks about the cryptocurrency sector’s demise continue to resonate. Notable Remarks: Seven years ago, during the Barclays Global Financial Services Conference on … Read more
Despite China’s ban on cryptocurrency, the gray market for digital assets is flourishing within the country. A recent study by Chainalysis revealed that over-the-counter (OTC) Chinese crypto traders recorded inflows totaling $75.4 billion in just nine months. China implemented its crypto ban in 2021 due to concerns over capital flight and financial risks for investors. … Read more
Cryptocurrency has evolved from a nascent asset class to broader market acceptance, especially after the U.S. SEC approved Bitcoin exchange-traded funds earlier this year. “Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers,” said Jose Fernandez da Ponte, PayPal’s Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies. PayPal … Read more
PayPal (PYPL) will now allow its U.S. business clients to buy, hold, and sell cryptocurrency directly from their accounts, potentially expanding the payments giant’s market reach. Having already provided this feature to its retail users through PayPal and Venmo for several years, the company revealed that demand from business owners for similar cryptocurrency capabilities has … Read more
Bitcoin’s marketing challenges, alongside the growing influence of tokenizing real-world assets (RWAs), are transforming the digital asset landscape. In its early days, Bitcoin’s community relied on the cryptocurrency’s inherent financial and philosophical value rather than traditional marketing strategies. However, larger institutions are now stepping in to drive mainstream adoption. Meanwhile, tokenizing assets is gaining traction, … Read more
A Utah judge has ruled that the SEC’s lawsuit against Green United, a company accused of defrauding investors with promises of cloud mining, can move forward to trial. Contrary to claims that the SEC classifies crypto mining devices as securities, this assertion stems from a misreading of court documents. The U.S. Securities and Exchange Commission … Read more
Stocks, commodities, and high-yield bonds are typically seen as risk-on assets, performing well during market optimism and economic growth. In contrast, assets like gold tend to attract investors during uncertain times. “Gold exhibits similar patterns,” BlackRock’s Robbie Mitchnick mentioned in a Bloomberg Television interview on Tuesday. “There are temporary fluctuations, but over the long term, … Read more
The potential price movement of Bitcoin leading up to the upcoming election was a key topic of discussion, with experts sharing differing opinions on when capital might flow into the cryptocurrency. Roundtable anchor Rob Nelson facilitated the conversation with David Gokhshtein, founder of Gokhshtein Media, and Samuel Armes, CEO of Cardone Digital Ventures, as they … Read more