The crypto bro stereotype comes from the unfortunate truth that the crypto industry isn’t quite as diverse as it could be. Ripple’s managing director Sendi Young wants to fix that. “Crypto bros are certainly a problem,” Young said at the Financial Times’s Crypto and Digital Assets Summit. “You look at a lot of people coming [to] crypto are either from…
Month: May 2023
IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability – Africa Bitcoin News
The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital currency. Instead of using gold-backed digital currency to limit the demand for the greenback, the global lender said monetary authorities should consider liberalizing the foreign exchange market. Risks to Macroeconomic and Financial Stability The International Monetary Fund (IMF) has called on…
SEC Serves Bitcoin Mining Firm Marathon Digital With Subpoena, Again
Bitcoin mining firm Marathon Digital Holdings said it received a subpoena from the U.S. Securities and Exchange Commission (SEC) related to alleged violations of securities laws. “The Company received an additional subpoena from the SEC on April 10, 2023, relating to, among other things, transactions with related parties,” Marathon said in a filing Wednesday. “We understand that the SEC may…
PepeCoin Cryptocurrency (pepecoin) Price Prediction 2023 2024 2025
beginner PepeCoin Cryptocurrency Overview PepeCoin Cryptocurrency Price $0.09 PepeCoin Cryptocurrency Price Change 24h 8.46% PepeCoin Cryptocurrency Price Change 7d 61.95% PepeCoin Cryptocurrency Market cap $0.00 PepeCoin Cryptocurrency Circulating Supply 0 pepecoin PepeCoin Cryptocurrency Trading Volume $1,833,992.65 PepeCoin Cryptocurrency All time high $0.36 PepeCoin Cryptocurrency All time low $0.03 Our real-time PEPE to USD price update shows the current Pepe Token…
Former US Secretary of Labor Robert Reich Urges Bypassing Congress to Raise Debt Ceiling – Economics Bitcoin News
Robert Reich, former secretary of labor in the U.S., has called for the government to bypass Congress in order to raise the debt ceiling unilaterally. Reich states that the constitution of the U.S. gives President Biden the faculty of ignoring this debt limit, declaring it unconstitutional — explaining its existence is less significant than the mandate of not questioning the…
CleanSpark Eyes Expansion Plans Ahead of Bitcoin Halving
With Bitcoin prices still slumped since this time last year, CleanSpark took time during its latest earnings call to assure investors of the firm’s financial health. According to statements provided by CleanSpark Inc., the U.S.-based Bitcoin mining company doubled the number of Bitcoin mined last quarter compared with Q2 of last year, but its revenue increased only 14%. CleanSpark’s CFO…
JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic – Economics Bitcoin News
Jamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend its debt without congressional action. Dimon also stated that even the drama surrounding the build-up to extending or not extending the debt limit could cause panic, as the U.S. economy is foundational for the world. JP Morgan’s Jamie Dimon Favors…
‘We can’t keep putting band-aids on the current system’ — OKX CMO
A provocative new advertising campaign from cryptocurrency exchange OKX is challenging messages from traditional finance and Web3 competitors by calling for a rewrite of current financial and digital systems. The company released its latest production-quality advert, which subtly takes aim at the American exchange Coinbase and the wider traditional finance space. In an in-depth interview with Cointelegraph, OKX CMO Haider Rafique…
Pepe’s market cap sinks $1B in 5 days, some whales are still buying
Pepe has declined 56% over the past five days, wiping a billion dollars from its total market cap. Source: https://cointelegraph.com/app/public/index.php/news/pepe-s-market-cap-sinks-1b-in-5-days-some-whales-are-still-buying
Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million – Bitcoin News
According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176 million) worth of assets have been frozen, which includes imported…