Bitmex Co-Founder Arthur Hayes Recommends “Wait and See” Approach for Cryptocurrency Investors
Bitmex co-founder and cryptocurrency investor Arthur Hayes has addressed the current state of the market with the effect the U.S. Federal Reserve’s upcoming tapering process may have. Hayes also links this with the Evergrande situation in China and advises cryptocurrency newcomers to hold on until new signals emerge next year. Arthur Hayes Analyzes the Current Market Situation Former Bitmex CEO and cryptocurrency investor Arthur Hayes...
German Savings Banks Consider Offering Crypto Services to Customers
An association of savings banks in Germany is looking to offer crypto services to customers in a pilot test that would include the development of a crypto wallet. The association, which has more than 50 million customers, would be acting amidst a wave of cryptocurrency interest ostensibly sparked by inflation concerns and negative interest rates. However, the plan is still being studied and no official decision has been reached....
Premier P2E NFT Character Drop by Funganomics Announced as Saturday 18th December
PRESS RELEASE. One of the most highly anticipated NFT character drops in the Play2Earn space is imminent to launch on Fungatopia®. In fact Saturday 18th December 2021 will mark the day in history when Funganomics® release their first premier NFT character drop on their brand new marketplace. The NFT character drop is a huge benchmark event that sees a 10,000 strong collection of characters that have utility within their premier game...
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied to cryptocurrencies. Central Bank of Russia Issues Draft Directive Banning Crypto Investments for Mutual Funds The Central Bank of the Russian...
Bank of England Deputy Governor Warns Crypto Prices Could Fall to Zero
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that the price of cryptocurrencies, including bitcoin, could fall to zero. Noting that the crypto industry is “growing very fast,” he stressed: “We really need to roll our sleeves up and get on with it, so that by the time this becomes a much bigger issue, we’ve actually got the regulatory framework to contain the risks.” Bank of England’s Deputy...
