Positive market momentum during Monday morning’s Asian trading session has resulted in a 3.1% gain for the total crypto market capitalization. According to analytics website CoinGecko, this has pushed it …
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Billionaire investor John Paulson calls cryptocurrency “worthless bubble,” backs gold
John Paulson, the billionaire who famously shorted the U.S. subprime mortgage bubble in 2008, has called crypto a bubble that will “eventually prove to be worthless” in an interview with Bloomberg …
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Deloitte’s survey paints a bright future for cryptocurrency
The results of a recent survey by Big Four accounting firm Deloitte suggest that most finance professionals believe that digital currencies are the future of money. According to a report by Decrypt, …
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‘Vast majority’ of institutions will own cryptocurrency by 2026
The number of institutional investors—wealth managers, foundations and so on—that own crypto assets has grown dramatically, and will continue to do so in the future, according to a new survey …
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Ukraine starts treating its Central Bank Digital Currency as Cash
Ukraine has passed a new law that would put its central bank digital currency (CBDC) on the same level as other payment instruments in the country. The CBDC is yet …
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Bank Of France’s Villeroy Says Europe Should Regulate Crypto
Bank of France governor, François Villeroy de Galhau, has recommended the urgent creation of a framework for cryptocurrency regulation to avoid potential erosion of Europe’s monetary sovereignty. “I must stress …
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SBI, Hamamatsu Iwata Bank pick Ripple’s tech for international remittance
Japan’s SBI has been a long-standing partner of Ripple since 2016. SBI Remit, a subsidiary of banking giant SBI, recently announced collaboration with a major Japanese bank – Hamamatsu Iwata. …
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Hedge funds may increase their crypto holdings to 7% in five years
According to a recent poll conducted by global fund administrator Intertrust, hedge fund executives project to increase their crypto holdings over the next five years. Experts predict crypto allocations to …
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33% of Americans own cryptocurrency, 46% plan to buy it next year
A new survey indicates that there is increasing adoption of digital assets among Americans. The study by Piplsay, backed by MarketCube, found that 33% of Americans own at least one type of cryptocurrency, with …
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Mastercard Survey: More Consumers Are Paying Attention To Cryptocurrency For Shopping
A survey by credit card provider Mastercard shows that a growing number of consumers prefer using cryptocurrency when making their purchases. Mastercard’s New Payments Index polled more than 15,000 online …
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