Month: September 2021

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone

China bans Bitcoin (BTC), again. No, we’re not traveling back in time. On Sept. 24, the People’s Bank of China (PBoC) published a new set of measures to promote inter-departmental coordination on cracking down on crypto activity. The measures intended to “cut off payment channels, dispose of relevant websites and mobile applications in accordance with […]

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Deutsche Bank analyst: Bitcoin will be ‘ultra-volatile,’ but it’s here to stay

Deutsche Bank analyst: Bitcoin will be ‘ultra-volatile,’ but it’s here to stay

An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage” over other cryptocurrencies for the foreseeable future. 6128 Total views 39 Total shares Marion Laboure, an analyst at Deutsche Bank’s research division, said she can envision Bitcoin taking the role of digital gold in the future: lasting for centuries and […]

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Price analysis 9/24: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA

Price analysis 9/24: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA

The crypto market’s recovery was rocked on Sept. 24 after news that China’s government is adopting a new set of measures that includes stronger inter-departmental coordination to “cut off payment channels, dispose of relevant websites and mobile applications” to crack down on illegal cryptocurrency transactions efficiently. Although the news has caused a selloff, long-term investors […]

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Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23

Finance Redefined: Layer-two growth and the SEC’s scrutiny, Sept. 19–23

Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter. In a week where DeFi’s parabolic growth continued elsewhere, the United States Securities and Exchange Commission Chair Gary Gensler threatened to tackle stablecoins. What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s developments over the […]

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Morgan Stanley exec says Bitcoin is the ‘Kenny from South Park’ of money

Morgan Stanley exec says Bitcoin is the ‘Kenny from South Park’ of money

Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park. 9239 Total views 141 Total shares Morgan Stanley’s Dennis Lynch shared a light-hearted analogy during a discussion at Morningstar’s yearly investment conference today, claiming that Bitcoin’s insatiable ability to defy the odds and rise from […]

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