Insights & Views — Page 50

The bank said that DeFi won’t be able to sustain its current momentum as regulation and over-collateralization will likely slow down its growth.

At the moment, El Salvador is still the only country to have adopted BTC as legal tender but a blockchain expert believes that a number of countries could be adopting BTC as legal tender soon.

The upward trajectory came just a week after U.S. President Joe Biden signed an executive order on crypto on March 9.

Crypto exchanges Gopax, Upbit, Bithumb, Coinone, and Korbit have already placed restrictions on Russian IP addresses.

Russia’s invasion of Ukraine, and the subsequent seizure of Russia’s foreign exchange reserves by the G7, might have ushered in a new world monetary order.

SEBA Bank Senior Executive Officer Christian Borel predicts the rise of digital asset banks in the future as crypto adoption and demand for crypto-related services increase.

The blockchain ecosystem is in its heyday. Behind the scenes is Ethereum, which has been pursuing change and innovation under the vision of a "universal network" that anyone can engage in.

While Ethereum currently dominates the market share for decentralized finance (DeFi) and non-fungible token (NFT) projects, there is a possibility that its share could diminish over time with the emergence of competit…

More than 100,000 Russian troops have been deployed near Ukraine’s border fueling fears of an imminent invasion.

After climbing above $45,000, Bitcoin was sent tumbling below $43,000 on Friday as tensions between Russia and Ukraine appeared to escalate.

Crypto and blockchain-related projects are among the largest recipients of funding and raised $1.48 billion spread across 82 deals.

The research firm predicts that BTC could rally to $200,000 due to increased inflows from the legacy markets into crypto, while ETH could soar to $12,000 after Ethereum's transition to proof-of-stake.

Morgan Stanley pointed out that there have already been 15 bear markets since Bitcoin was created in 2009.

The panel also predicted that the crypto will continue to soar higher and eventually hit $406,400 by the end of 2030.

The Brussels MP hopes that through his move, he could inspire his colleagues and other politicians in the region to show interest in nascent financial technology.

Scaramucci is not concerned by Bitcoin's 50 percent price decline saying that it has happened multiple times in the past.

However, locals are concerned that the influx of crypto millionaires has driven real estate prices and the cost of living on the island.

Americans remain bullish on crypto and even expect token prices to rise this year.

The company's CFO said that their strategy with Bitcoin has been to buy and hold, and to invest in BTC if they have excess cash.

The investment firm predicted that BTC could reach $1 million per coin while Ethereum's market cap could rise to $123 million.

The bank pointed out that the combined market value of the two largest stablecoins, tether and USD coin, has already reached $121 billion as of January 21.

The game industry is paying attention to blockchain technology as an opportunity for growth and innovation. The future of game companies seems to depend on the two emerging technologies; NFT and P2E. NTF can give the …

Despite falling around 43 percent from its November 2021 all-time high, Michael Saylor said that even an extended bear market would not tempt him to sell the crypto.

McGlone believes that the crypto has the potential to reach $100,000, surpassing its all-time high set in November 2021 above $67,000.

Fidelity believes that most countries won’t go for an outright ban on crypto.

While U.K.’s crypto adoption is lower than the global average, crypto ownership in the country rose by 1 percent since the previous survey in October 2021.

While Bitcoin has declined since the start of 2022, Niederhoffer is confident that the crypto will eventually recover and might even potentially set a new all-time high this year.

While crypto adoption soared last year, there’s still a lot of skepticism surrounding the industry with 42 percent of the respondents saying that it was too risky to invest in crypto.

Seba Bank CEO Guido Buehler expects BTC to rise as high as $75,000 in 2022.

Ramsey views crypto as a commodity that's going to be around for a long time.

Despite his significant exposure in crypto, Miller suggested that average investors should probably limit their crypto investments to around 1 percent of their portfolios.

The value of crypto lost to theft rose to around $3.2 billion in 2021, which is an increase of 516 percent from 2020’s figure.

Pal told podcast Bankless Brasil that “there is a reasonable chance” that the total market cap of the global crypto sector could grow as high as $250 trillion as long as the crypto network adoption continues on its tr…

Bitcoin currently accounts for around 20 percent share of the store of value (gold and Bitcoin) market.

Jeremy Siegel, a finance professor at the Wharton School, University of Pennsylvania, noted that gold has been disappointing and appeared to have lost its appeal among younger investors.

O’Leary revealed that he has invested more in Ether (ETH) than in Bitcoin (BTC).

Musk said pointed out Dogecoin's higher transaction volume capability and its lower transaction cost compared to Bitcoin.

Long-term holders increased their Bitcoin holdings by 1.846M BTC since the year started.

Genesis Trading head of market insights Noelle Acheson sees strong signs of accelerating institutional investments growth in the crypto market next year.

Kevin Lee recently signed a four-fight contract with the Russia-based Eagle Fighting Championship that specified BTC as part of the payment.