I just published Bitcoin’s Being Used as ‘Currency Hedge’ in Pure Speculation, Says CNBC’s Brian Kelly

I just published Bitcoin’s Being Used as ‘Currency Hedge’ in Pure Speculation, Says CNBC’s Brian Kelly

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Bitcoin’s Being Used as ‘Currency Hedge’ in Pure Speculation, Says CNBC's Brian Kelly CNBC contributor Brian Kelly, the founder and CEO of crypto investment firm BKCM, has argued bitcoin is being used as a hedge against economic uncertainty but as “pure speculation.” Commenting on a buy signal pointed out by a Goldman Sachs sales and trading desk, Brian Kelly revealed that while he likes the call he is “concerned about the bitcoin market” as the number of BTC addresses hasn’t been growing.

I just published Samsung’s Cryptocurrency Wallet Quietly Adds Bitcoin Support

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I just published Samsung’s Cryptocurrency Wallet Quietly Adds Bitcoin Support

Samsung’s Cryptocurrency Wallet Quietly Adds Bitcoin Support Samsung’s cryptocurrency wallet, the Blockchain Keystore, has added support for the flagship cryptocurrency bitcoin according to updated information on the South Korean giant’s website. As first reported by The Block, the company’s cryptocurrency wallet now seemingly supports the Ethereum network, as well as bitcoin and Kakao’s native Klaytn blockchain. The South Korean tech giant didn’t issue an official announcement, which could mean in the future it’ll add support for more cryptocurrencies in a similar way.

I just published The Week: SEC Delays Bitcoin ETF Proposals and Binance Shrugs off Data Breach Speculation

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I just published The Week: SEC Delays Bitcoin ETF Proposals and Binance Shrugs off Data Breach Speculation

The Week: SEC Delays Bitcoin ETF Proposals and Binance Shrugs off Data Breach Speculation Over the past week, the U.S. SEC delayed Bitcoin ETF proposal it had on the table, Binance CEO CZ labelled reports that the exchange had suffered a hack involving user KYC data as “FUD”, commission-free trading app Robinhood got a thumbs up from UK regulators and Coinbase quietly delisted privacy coin Zcash from its UK platform.

I just published U.S. SEC Delays Decision on All Three Pending Bitcoin ETF Proposals

I just published U.S. SEC Delays Decision on All Three Pending Bitcoin ETF Proposals

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I just published Small New York Bank Seeks Cryptocurrency Clients

I just published Small New York Bank Seeks Cryptocurrency Clients

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Small New York Bank Seeks Cryptocurrency Clients Quontic Bank, a small financial institution based in New York City, is seeking to position itself as a crypto-friendly bank. In recent weeks, Quontic opened a checking account for a cryptocurrency ATM company. Steven Schnall, the chief executive officer of Quontic bank, has also indicated that the bank is currently in negotiations with to provide financial services to another cryptocurrency startup. Shnall did not name the companies that it has moved to partner with, however, stated that its pending negotiations are with a client that “could impact millions of Americans.”

U.S. SEC Delays Decision on All Three Pending Bitcoin ETF Proposals On Monday (August 12), the U.S. Securities and Exchange Commission (SEC) reportedlypostponed making a decision on all three pending Bitcoin (BTC) exchange-traded fund (ETF) proposals. The three pending Bitcoin ETFs were proposed by Bitwise Asset Management (filed with NYSE Arca), VanEck/SolidX (filed in February with Cboe Global Markets), and Wilshire Phoenix (filed with NYSE Arca). The first two rule change proposals were published in the Federal Register in February 2019. The final decision for these two proposals are expected by October 13 and October 18 respectively.

I just published China’s Central Bank Digital Currency Is Reportedly Ready for Launch

I just published China’s Central Bank Digital Currency Is Reportedly Ready for Launch

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China’s Central Bank Digital Currency Is Reportedly Ready for Launch After five years of development, China’s central bank appears to be ready to roll out its digital currency, despite the country still imposing a ban on the use and trade of cryptoassets. Central Bank Digital Currency Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China (PBOC) announced on Aug. 10 that the central bank will soon launch its digital currency. Changchun made his comments at the Finance 40 Group meeting, giving an update on the project that has been in development since 2014.

I just published South Korean Conglomerate to Use Ripple Fork for Stablecoin-Powered Donations Platform

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I just published South Korean Conglomerate to Use Ripple Fork for Stablecoin-Powered Donations Platform

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