Cointelegraph Editor-in-Chief Kristina Cornèr talks digital currencies with Mastercard at Global Impact Week
Mastercard is taking a slow but steady approach to bridging the realm of fiat and cryptocurrencies.
Mastercard is taking a slow but steady approach to bridging the realm of fiat and cryptocurrencies.
I have several friends who are into crypto and we’ve been discussing the current hype for NFTs. NFTs have gained so much popularity recently that we see NFTs being sold at crazy prices. Half of us see the value in NFTs and half of us think it’s a joke. In my opinion I think the…
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Traders look for a market-wide recovery now that the Fed confirmed at least three rate hikes and a wind-down of its bond purchasing policy in 2022.
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It's honestly outrageous that the top bankers, billionaires and government officials have been recently ramping up their rhetoric against Crypto for absolutely no reason. I mean for fuck sake, central banks are going as far as to blame Crypto for a global financial crash that hasn't even happened yet. Earlier today, Elizabeth Warren said Stablecoins…
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“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell.
Jesse Powell, the CEO of the popular crypto exchange Kraken, has said that Bitcoin under $40K would be a good buy, while also predicting that the dollar will go to zero. Bitcoin’s Fall Is A Buying Opportunity If the price of Bitcoin falls below $40,000, Kraken CEO Jesse Powell says the present downward pressure would provide another purchasing opportunity for investors. The Kraken CEO discussed the crypto market in an interview with Bloomberg TV, revisiting his former prediction that BTC will climb to $100,000 by the end of the year. “But I think a lot of people see anything under the $40,000 as a buying opportunity. I was personally buying when we dipped back to $30,000 a few months ago. A lot of people have some dry powder on the sidelines just waiting to come back in at rock-bottom prices.” Bitcoin was expected to exceed $100,000 by the end of 2021, according to Jesse Powell. Despite the fact that he stated that there are still a few days left, at a press time price of $49,396, and given the present trend, a milestone as significant as the one promised is unlikely to occur. Related article | Kraken Director Dan Held Tags Traditional Financial Institutions A “Cartel” Long Term Investment If Dollar Falls Powell acknowledged that his past predictions for Bitcoin may have been off the mark, but added that it’s difficult to foresee what will happen next in the market. However, he believes that anyone considering investing in Bitcoin should consider it as a “five-year plus investment.” He also discussed Bitcoin’s more volatile nature, stating that this is more obvious on shorter time frames, with its price swinging dramatically in a day or over a week. He feels that the best method is to treat cryptocurrency as a “buy and hold” investment. “Bitcoin is something I think about as a long-term investment because it’s difficult to predict short-term price moves,” said Powell. “It’s a speculative asset in many ways, but you can’t help but be impressed by how far it has come and the amount of innovation that’s happening around it.” While Powell remains bullish on cryptocurrency, particularly Bitcoin, he paints a bleak picture for the US dollar. With interest rates expected to go negative and the dollar approaching “zero,” he believes the best option for investors is to avoid holding their currencies in the greenback. Powell addressed the decade-long uncertainty in the US regulatory regime and the lack of a proper set of regulations in the sector. As a result, several companies have shifted their headquarters offshore in search of greener pastures, while others have remained on the sidelines, fearful of the implications. Powell also discussed Kraken’s ambitions as the crypto industry grows in popularity, stating that the exchange wants to help combat disinformation that could harm new investors. Kraken is also planning to launch a non-fungible token (NFT) platform to capitalize on the growing interest in the field. BTC price chart on Kraken | Source: BTC/USD on TradingView.com Related Article | Did US Regulators Began Offensive Against Crypto Platforms? CFTC Fines Kraken Featured Image from Pixabay – Charts by TradingView
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Didnt know of this before yesterday, but someone here told me about unminable. I get more RVN pr day now. Started 15Hrs ago and already soon passing the amount of RVN i would get on a full day of regular RVN mining. but i didnt know there was referal codes. you can go from 1%…
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