Bloomberg

U.S. Banks Entering Cryptocurrency Adds Real Legitimacy To The Industry

The United States government is once again adding more legitimacy and credibility to the rapidly growing cryptocurrency industry. This is through clear regulations that will further incorporate the sector into the country’s financial system and economy. Sponsored Sponsored In an interview with Reuters, Jelena McWilliams, chair of the Federal Deposit Insurance Corp. (FDIC), said that banks must be allowed to hold crypto on their balance sheets, provide custodial accounts in digital assets and facilitate crypto trading for clients. Thus, demonstrating the rapid rise of digital assets this year. In addition to

Greenheart Token Closes Four Consecutive Pools

The Greenheart CBD Staking Program opened on June 7, 2021 and closed swiftly after reaching its target. To the same high demand, two more pools opened soon after and also closed early. Sponsored Sponsored The fourth pool closed recently—signifying a total of four (4) successfully closed pools for the first-ever CBD DeFi token on the blockchain network—the Greenheart CBD Token. Greenheart CBD Limited is innovating to improve the CBD (cannabidiol) production process through DeFi Blockchain and AI (Artificial Intelligence). Sponsored Sponsored After the close of three of its four staking

Crypto Job Hiring Sees Huge Demand as Industry Grows

The number of jobs related to cryptocurrencies and blockchain technology have skyrocketed, according to data from several job listing websites.Sponsored Sponsored While crypto searches more than doubled on Indeed.com in the past year, US job postings with “cryptocurrency” and “blockchain” as keywords were up over 600% on LinkedIn. Additionally, growth in paid listing at CryptocurrencyJobs.co increased nearly 1,500% since last year. “Everyone is hiring right now” Daniel Adler, founder of CryptocurrencyJobs.co, provided some insight into the growth that’s occurred. He noted that some teams who were looking to double at

This crypto ad exec tells us how the industry will evolve and why transparency is so important

CryptoSlate recently had the opportunity to chat with Milo McCloud, the co-founder of Paradox Group, a well-known crypto advertising firm that works with some of the biggest names in blockchain.What is the professional background of the Paradox founders and what is their previous experience in crypto?I am a blockchain, fintech, and cryptocurrency specialist focusing on growth opportunities for companies in these sectors.Prior to co-founding Paradox Group, I worked in investment sales and marketing, as well as having represented Great Britain in Alpine Skiing as an international athlete.My co-founder, Paul Burnham,

Former U.S. official says cryptocurrency not some ‘libertarian paradise’

Cryptocurrency has been around for a long time now. However, its mainstream adoption gained a boost lately with 2020 being a remarkable year. But 2021 saw a major push as countries and/or organizations across the globe have been accepting cryptocurrencies in some form or the other. That said, countries have also been working on cryptocurrency regulations to govern the process of exchanging through crypto. Something that can actually benefit these tokens. Former US Treasury secretary Lawrence Summers, while speaking to Bloomberg expressed his opinions concerning the cryptocurrency regulations. During this

100 years ago, Henry Ford proposed ‘energy currency’ to replace gold

In 1921, American industrialist Henry Ford proposed the creation of an “energy currency” that could form the basis of a new monetary system — offering striking similarities to the peer-to-peer electronic cash system outlined in Satoshi Nakamoto’s 2008 Bitcoin (BTC) whitepaper. Front page of the New York Tribune dated Sunday, December 4, 1921. Source: Library of CongressBitcoin as an energy currencyOn Dec. 4, 1921, the New York Tribune published an article outlining Ford’s vision of replacing gold with an energy currency that he believed could break the banking elites’ grip on

Head of Australian Crypto Exchange Says Regulations Are Beneficial

The head of the popular Australian cryptocurrency exchange BTC Markets says crypto regulations provide benefits to the industry. Sponsored Sponsored In the global race for cryptocurrency adoption, regulations, and innovation Australia seeks its own piece of the action. According to the CEO of the country’s largest crypto exchange the country could get left behind without proper action.  Caroline Bowler is CEO of the exchange BTC Market. In an interview with Bloomberg she said it would be a “real shame for Australia if we don’t take this bull by the horns.”Sponsored Sponsored

Supply dynamics suggest Bitcoin can make a run for $100k if… 

Bitcoin’s upward trajectory, after getting interrupted by an 18% dip last week, was met with a lot of consolidation. However, as Bitcoin holders looked reluctant to sell-off at a crucial time amid anticipation of a price rise, on-chain metrics offered an interesting insight into the current market sentiment.  Some interesting divergences in BTC’s supply dynamics posed a complex question – Are they projecting bullish or bearish divergences? Ergo, to gauge bullish/bearish signals, it is imperative to weigh the same against market sentiments to understand the crypto’s price trajectory.  Post-halving blast

Nick Colas Says Coinbase CEO Made A “Rookie Mistake” By Calling Out SEC

Coinbase News A few days ago, Coinbase’s CEO called out SEC for its “sketchy” behavior. This, according to Datatek Co-founder Nick Colas, was a “rookie mistake.” He says, he hopes Coinbase “has learned or will learn its lessons shortly.” In aninterview with Bloomberg Markets and Finance, Datatek Research Co-founder, Nick Colas mentioned Coinbase’s recent action towards SEC. Colas says it was a “rookie mistake for a CEO to go to war with SEC.” To recall, Coinbase CEO, Brian Armstrong, called out SEC for its “really sketchy behavior.” He explained this