BitMEX’s CEO expects that Paul Tudor Jones will bring more big investors to the crypto market by investing in Bitcoin. Paul Tudor Jones, a legendary hedge fund investor, triggered massive excitement in crypto markets yesterday by revealing that Bitcoin (BTC) is part of his portfolio. Traders and industry players like BitMEX’s CEO expect that the…
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Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges. Per a May 4 report from local outlet Mehr News, Iran’s new ‘Reforming Monetary and Banking Law’ has passed in parliament. The new law dictates the transition from rial to the…
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In its latest documentary, Cointelegraph reached out to crypto industry leaders to find out how the COVID-19 pandemic has affected their businesses and the industry as a whole. In its latest documentary, Cointelegraph reached out to crypto industry leaders all around the world to find out how the COVID-19 pandemic has affected their businesses. While…
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In an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to protect wealth in the upcoming future. In an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to preserve wealth in the upcoming future. Pompliano reconfirmed his bullishness on Bitcoin, revealing he bought…
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Contrary to initial inspection, recent allegations against Maduro and other Venezuelan brass do not directly involve cryptocurrency. Several Venezuelan leaders recently came under fire for alleged criminal acts, although, contrary to initial impressions, the situation did not directly involve cryptocurrency usage. “Maduro and his co-defendants are not alleged to have been involved with crypto, directly,”…
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The Reserve Bank of Zimbabwe proposed a crypto regulatory sandbox amid plans to launch a gold-backed digital currency. The Reserve Bank of Zimbabwe, the country’s central bank, is considering a regulatory sandbox for crypto companies in an apparent change from its previous anti-cryptocurrency stance. The proposed sandbox is reportedly part of a broader agenda by…
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The U.S. Fed has extended repo operations, injecting $1 trillion daily until April, making the crypto space look even smaller. The U.S. government has extended its daily trillion-dollar repo mission until the end of March, making the entire crypto market cap seem even smaller by comparison. “The Federal Reserve Bank of New York announced it…
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BitMEX Research suggests that the issuance of the CBDC will lead to inflation as cash will be banned. A March 18th post by BitMEX Research discusses the two approaches governments can take with regards to the issuance of a Central Bank Digital Currency (CBDC) and the ramifications for the economy. Money supply In the modern…
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The recent market crash could be Bitcoin’s biggest opportunity since its creation in 2009, BitMEX says. BitMEX, the world’s second largest crypto exchange by daily trading volume as of press time, believes that amid the ongoing global coronavirus crash, Bitcoin faces its biggest challenge and the opportunity to prove its potential during the global financial…
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The Reserve Bank of Zimbabwe is reportedly working on a regulatory sandbox that would help fintech and crypto companies operate in the country freely. The Reserve Bank of Zimbabwe (RBZ) is reportedly developing a regulatory sandbox for cryptocurrency companies in the country. The news was reported on March 16 by local newspaper Chronicle, citing a…
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