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Katherine Wood: Bitcoin capitalization will grow to .5 trillion

Katherine Wood: Bitcoin capitalization will grow to $4.5 trillion

Posted by  on  24/10/2022
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Fund manager ARK Invest said that bitcoin could become more valuable than most fiat currencies, including the US dollar. Cathie Wood said that when bitcoin was worth $250, she asked renowned economist Art Laffer to study the First Cryptocurrency White Paper to see if BTC could fulfill the roles of fiat money as a store of value, unit of account, and medium of appeals. Laffer responded that Bitcoin has the potential to be an asset
CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Posted by  on  21/10/2022
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It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
Hussein Hallaq: “In the future, museums will become giant NFT galleries”

Hussein Hallaq: “In the future, museums will become giant NFT galleries”

Posted by  on  21/10/2022
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The founder and CEO of Momentable is confident that the future transformation of museum exhibits into NFT galleries is inevitable. Serving major museums, Momentable spends a lot of time exploring the prospects and opportunities for the art world associated with the use of blockchain and NFT technologies. Momentable CEO Hussein Hallak told reporters that Momentable’s company is seeing a gradual infiltration of digital art from virtual museum displays into traditional museum venues: “NFT is an
US lawmakers exclude software developers from the definition of a cryptocurrency broker

US lawmakers exclude software developers from the definition of a cryptocurrency broker

Posted by  on  20/10/2022
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Amendments to the bill on consumer protection of digital goods exclude software developers from the definition of a cryptocurrency broker and do not require centralized management of platforms. After the updated draft of the Digital Consumer Protection Act (DCCPA), which the Commodity Futures Trading Commission (CFTC) will use to regulate the industry, was uploaded to GitHub, many software developers breathed a sigh of relief. Classification as a broker entails specific tax reporting requirements that software
Bitcoin officially entered the Guinness Book of Records

Bitcoin officially entered the Guinness Book of Records

Posted by  on  19/10/2022
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Bitcoin was included in the Guinness Book of Records along with such significant industry achievements as the record sale of NFTs and the adoption of BTC as a means of payment in El Salvador. In the new Guinness World Records 2023, released last month, bitcoin is listed as the “oldest cryptocurrency”, “first decentralized cryptocurrency” and “most expensive cryptocurrency”. As of March 24, 2022, the value of bitcoin was $42,900, and its market capitalization reached $816
John Mack: “Cryptocurrencies will become the basis of monetary transactions”

John Mack: “Cryptocurrencies will become the basis of monetary transactions”

Posted by  on  17/10/2022
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The former CEO of Morgan Stanley acknowledged that digital assets have a number of advantages over traditional finance. John Mack noted that cryptocurrencies will play a key role in the digitization of the economy: “Let’s take cryptocurrency. It’s hard for me to understand why it has value. Perhaps in fifty years this will become the main way to conduct monetary transactions. It’s easy to do. Then you won’t have to worry about placing funds in
CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Posted by  on  16/10/2022
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It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get
British authorities will be able to track trading contracts on the blockchain

British authorities will be able to track trading contracts on the blockchain

Posted by  on  14/10/2022
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The bill on electronic documents was adopted by the UK House of Lords. The entry into force of the law will make electronic documentation legally recognized. The decision will contribute to the UK’s goal of becoming a center for cryptocurrencies and blockchain, announced by the United Kingdom’s Chancellor of the Exchequer, Richard Fuller. Electronic documents are meant to increase security as they are easier to trace through the use of blockchain and distributed ledger technology.
Mike Novogratz: “The bearish trend in the market could last another six months”

Mike Novogratz: “The bearish trend in the market could last another six months”

Posted by  on  13/10/2022
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The CEO of the investment company Galaxy Digital said that the sellers are extremely exhausted, and their activity in the cryptocurrency and stock markets will last for a maximum of six months. According to Michael Novogratz, more and more sellers in the cryptocurrency market are “leaving the race”. He noticed that three months ago, after a big sell-off and deleveraging, most investors who needed fiat sold their holdings. Therefore, according to Novogratz, the price of
CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Posted by  on  11/10/2022
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It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get