Bitcoin ETFs are 'orange FOMO poker chips' that siphon on-chain funds back into TradFi
Bitcoin’s goal of creating a decentralized financial system may be challenged by ETFs “dragging money back into the TradFi world,” according to the macro researcher.
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Weiss Ratings Upgrades Bitcoin to A- Ahead of Halving
American provider of investment data Weiss Ratings has ranked Bitcoin (BTC) as “excellent” by assigning it an A- grade due to strong price performance. Bitcoin upgraded thanks to improving fundamentalsIn a tweet published on Feb. 7, Weiss Ratings announced:“The Weiss Crypto Rating for #BTC is now A- (excellent), thanks to improving fundamentals and positive price action…
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Dalio Says Capital Markets Are ‘Not Free‘ as Central Banks Drive Economy
Bridgewater CIO Ray Dalio claims capital markets are no longer free as central banks drive more of the economy. 384 Total views 31 Total shares Ray Dalio, the billionaire hedge fund manager and founder and chief investment officer of Bridgewater Associates, believes capital markets are no longer free.Speaking to Bloomberg, Dalio said markets have changed…
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Visa and BlockFi to launch Bitcoin rewards credit card as adoption grows
The new credit card will offer Bitcoin rewards rather than airline miles or cash. 480 Total views 9 Total shares Visa Inc. and BlockFi are teaming up to launch a new credit card that rewards users with Bitcoin (BTC), setting the stage for wider mainstream adoption of digital currency. BlockFi, a New York-based startup specializing in…
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Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed. 326 Total views 2 Total shares An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by BlockFi or Celsius as its returns come from proof-of-work, not “ponzi
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Programming Languages Used in Blockchain, Explained
1. First, what are programming languages for? Aside from functionality, programming languages are essential in ensuring that blockchain networks and crypto infrastructure are secure. Their role is simple: They enable computers to understand instructions. While there is some overlap in the programming languages used to develop conventional software and technology for blockchain platforms, the workflows…
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Nas brags about Coinbase and crypto wealth in new track with DJ Khaled
Nas’ stake in Nasdaq-listed crypto exchange Coinbase is estimated around $40 million. 2096 Total views 20 Total shares American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track.Released last week, “Sorry Not Sorry” features a collaboration with DJ…
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Oman financial regulator seeks feedback on proposed virtual asset framework
Although the proposed virtual asset regulatory framework in Oman covers FATF-defined assets, the issuance of privacy coins might get banned. 232 Total views 1 Total shares The Sultanate of Oman is inching closer to launching its own virtual asset regulations, with its financial markets regulator seeking public comments on its proposed regulatory framework governing digital…
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Could Russia lead Eastern Europe’s crypto boom?
Not unlike many other jurisdictions around the world, Russia has come to recognize the potential benefits and risks flowing from cryptocurrencies by taking its first step to define and codify digital assets. The new Russian legislation dubbed “On Digital Financial Assets” sets a clear direction for the treatment of cryptocurrencies by authorities and how both…