Bitcoin gives up late June gains amid warning $60K holding is ‘lucky’

The United States’ failure to agree on Coronavirus stimulus shows that the dollar is “funny money” and endorses Bitcoin (BTC), says Cameron Winklevoss.In a tweet on Aug. 6, the Gemini exchange co-founder delivered a damning appraisal of the lack of progress in Washington to deliver more financial aid.A “wake-up call and endorsement of Bitcoin”Talks between…

During a hearing on Sept. 27, Emmer hinted that Gary Gensler's Wall Street background limits his impartiality as an industry regulator. 161 Total views 1 Total shares United States Rep. Tom Emmer has spoken out against Securities and Exchange Commission chairman Gary Gensler during a hearing at the House Financial Services Committee on Sept. 27.

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Japan-based JCB is partnering with local venture capital firm TECHFUND to create a sustainable blockchain-based transaction system. 639 Total views 23 Total shares The biggest credit card issuer in Japan, JCB, has partnered with technology accelerator TECHFUND to build a sustainable transaction system on the blockchain.According to a May 15 statement released by JCB, the…

Netherlands-based ‘Big Four’ auditor KPMG released a bullish report on cryptocurrency Nov. 15. The report argues that institutional investors must join the industry for it to “realize its potential.”The report, dubbed ‘Institutionalization of Cryptoassets,’ focuses on why and how institutional investors should enter cryptocurrency, along with “challenges” the process faces and under what circumstances crypto…

The United States House of Representatives finally elected a speaker last week, concluding a four-day, 15-ballot ordeal that left many wondering if political gridlock was now the new normal in the U.S., and if so, what the consequences would be. For example, were the concessions made by Republican Kevin McCarthy to secure his election as speaker…

The two companies are cooperating to develop practical use cases for blockchain technology. 4429 Total views 14 Total shares Bosch Group, the global technology supplier, is teaming up with Fetch.ai to launch a multi-purpose blockchain network that can further advance Web 3.0 capabilities like artificial intelligence and the Internet of Things. The blockchain network, which is…

The app is expected to cease operations on March 16, 2023. 516 Total views 3 Total shares Own this piece of history Collect this article as an NFTDigital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said it will soon be sunsetting its consumer-facing app, which…