Investors are less risk averse after the Fed delivers its smallest rate hike in nearly a year, causing a broader rally in equities.
Cryptocurrencies
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
“The only real safe haven for an institutional investor is bitcoin,” Saylor said on MicroStrategy’s fourth-quarter earnings call Thursday.
“A cryptocurrency is not a currency, not a commodity, and not a security,” Munger said Wednesday in a WSJ op-ed. “It’s a gambling contract.”
“A cryptocurrency is not a currency, not a commodity, and not a security,” the 99-year-old Munger said in an op-ed published in the WSJ Wednesday evening.
Cryptocurrencies on the brink of a nervous breakdown Cryptocurrencies have been in retreat for the last quarter of 2022. For the 75 largest of these (excluding
Ark Invest’s bull case for bitcoin is $1.48 million, while its base case is $682,800 by 2030.
The consultation comes amid a turbulent period for cryptocurrency markets, with confidence among investors at a low ebb following the sudden collapse of major exchange FTX and the falling value of Bitcoin, among other challenges.
Twitter is in the process of establishing a payments system that might one day include the use of crypto.
The total volume of Bitcoin options on Deribit hit its highest level since the FTX exchange collapse. Deribit is one of the world’s largest cryptocurr