Arthur Hayes, former CEO of crypto exchange Bitmex, has predicted a remarkable surge in the price of bitcoin, envisioning it reaching $ 1 million amidst anticipated banking bailout measures and significant money printing by the Federal Reserve. Hayes expects the troubled New York Community Bancorp (NYCB) to become bankrupt after Moody’s cut its credit …
Binance has welcomed back Steve Christie, its former Senior Vice President of Compliance, as Deputy Chief Compliance Officer. Binance Bolsters Compliance Team, Welcoming Steve Christie Back to Leadership Role Cryptocurrency exchange Binance has announced the return of Steve Christie, its former Senior Vice President of Compliance, to the fold. Christie is stepping into the role […]
Former Bitmex CEO Arthur Hayes has predicted that bitcoin will find a support level between $ 30,000 and $ 35,000. He contends that the ongoing bitcoin selloff is not due to outflows from Grayscale’s bitcoin trust (GBTC). “That argument is bogus,” he claimed, adding that bitcoin’s price movement is “anticipating the Bank Term …
The head of India’s central bank, the Reserve Bank of India (RBI), has warned of significant risks associated with cryptocurrencies, particularly for emerging market economies. “It can impact your financial stability, currency stability, and monetary system,” RBI Governor Shaktikanta Das said. RBI Governor’s Crypto Warnings Shaktikanta Das, the governor of India’s central bank, the Reserve […]
International Monetary Fund (IMF) chief Kristalina Georgieva sees crypto as an asset class, not money. She dismissed concerns of bitcoin potentially displacing the U.S. dollar as the world’s dominant currency, citing the size of the U.S. economy and the depth and sophistication of its capital markets as key factors. IMF Chief on Crypto and US […]