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0 CommentsCelebrity investor Kevin O’Leary expects a “trillion dollars” more to flow into Bitcoin in the next couple of years. He wants to more than double his cryptocurrency holdings from 3% of his portfolio to 7% by the end-2021. O’Leary also sees cryptocurrencies becoming an institutional asset class. The “Shark Tank” star Kevin O’Leary talked about…
As Reuters reported Friday, citing three unnamed sources, the US Treasury Department met with a number of industry players this week to discuss the risks and benefits posed by stablecoins – a fast-growing type of cryptocurrencies whose value is tied to traditional currencies. But why are regulators so interested in them? With a market cap…
The US Securities and Exchange Commission is gradually escalating its activity, trying to restrict the cryptocurrency business as much as possible and bring it under the regulatory norms typical for the stock market. On August 27, we learned that the US Securities and Exchange Commission (SEC) struck a $ 125,000 deal with AnChain.AI to monitor…
A new tremendous data center is set to be built in the Kingdom of Bahrain. The multimillion-dollar main hub in Bahrain will serve all member states of the Arab League, promoting collective digital transformation across the Arab world. On Sept. 1, The Arab League’s Arab Federation for Digital Economy (AFDE) signed a memorandum of understanding…
After a tremendous August surge of $4 billion in sales volume on the leading NFT marketplace OpenSea, recent data indicate a metaphoric return from heaven to earth. Over the last week, the sales volume has dropped by almost 50%. The bearish trend saw across the crypto markets on the last week also has affected NFT…
The conflict between Ripple and the American financial regulator SEC, which has long been a pain in the neck for the cryptocurrency company, suddenly “froze”. It seems that the regulator is losing the court case, and we are in for further XRP price increases. August 31 was the deadline for the US Securities and Exchange…
