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Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same Mistake

Nobel laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same MistakeNobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who don’t know what they are getting into and are poorly positioned to handle the downside,” he stressed. Nobel Laureate Paul Krugman Warns About Crypto Crashing […]

Robinhood to Launch Crypto Trading Internationally — Sees ‘Immense Potential’ in Crypto Economy

Robinhood Reveals ‘Aggressive Goals’ to Launch Crypto Trading Internationally – Says Crypto Economy Has ‘Immense Potential'Robinhood has “set aggressive goals to start opening its crypto platform up to customers internationally in 2022,” the popular trading platform revealed during its Q4 earnings call. “The company believes in the immense potential of the crypto economy and sees a big opportunity in serving customers across the globe.” Robinhood’s Crypto Earnings, Expansion Plans Robinhood […]

Do People Like Eric Adams Regret Getting Into Crypto?

A lot of celebrities and politicians that have gotten into the crypto craze as of late are likely regretting their actions given that bitcoin and several other leading digital assets have experienced heavy price drops. Individuals like Eric Adams, the mayor of New York City; Aaron Rodgers, a quarterback with the Green Bay Packers, and...

The post Do People Like Eric Adams Regret Getting Into Crypto? appeared first on Live Bitcoin News.

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report UnveilsA roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other government institutions about the future of decentralized digital money in […]

Is a Crypto Winter Coming Our Way? Analysts Weigh In

Bitcoin and several leading digital currencies have experienced heavy price drops in recent days. Many analysts now fear that things are going to get a lot worse, and that a crypto winter may potentially be heading our way. Analysts Are Worried About a Crypto Winter On Monday, bitcoin briefly fell below the $33,000 mark, meaning...

The post Is a Crypto Winter Coming Our Way? Analysts Weigh In appeared first on Live Bitcoin News.

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market RoutLast week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped […]

How a Series of NFTs Saved a Couple from Financial Ruin

A couple that was on the verge of foreclosure and monetary collapse said that they made more than $100,000 in just a few hours selling non-fungible tokens (NFTs). How a Couple Was Saved By Their NFTs Thorne Melcher says she lost her job as a software engineer last February. From there, the bills just began...

The post How a Series of NFTs Saved a Couple from Financial Ruin appeared first on Live Bitcoin News.

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners 'Was Pointless'In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto miners now say the move was pointless, and the mining organization Nicehash details that the hashrate limiter scheme introduced by Nvidia “did not […]

Bitcoin, Ethereum Technical Analysis: Bitcoin Moves Higher as Crypto Markets Rebound on Saturday

Following two consecutive days of losses, bitcoin and ethereum both rebounded strongly to start the weekend. Crypto markets were trading close to 5% higher on Saturday. Bitcoin The world’s largest cryptocurrency regained some upward momentum on Saturday, as bitcoin bulls appeared to have re-entered the race. BTC/USD rose to an intraday high of $37,952.88 on […]

Blockchain and Cryptocurrency Is ‘Here to Stay and Impossible to Regulate at Large’ — CEO of a United Arab Emirates Based Bank

According to the chief executive officer (CEO) of the United Arab Emirates-based financial institution, Bank of Sharjah, blockchain and cryptocurrencies are not only difficult to regulate but are also here to stay. Despite this prediction, the CEO admits that many in the banking industry still do not fully understand this technology. A Revolutionary Technology The […]

Nansen Report Highlights Growth of Defi and NFTs in 2021

nansenNansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep growing, opening the field to new participant chains. Non-fungible tokens (NFTs) also had a notable year, with many new wallets experiencing growth as a result. […]

JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility

JPMorganLeading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November when bitcoin was over $60K. One of the most important reasons for this change has to do with the increased volatility the asset has faced […]

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