Monat: März 2023

• Chainalysis, a blockchain analysis firm, released a report that showed 25 percent of digital tokens introduced in 2022 were scams. • The scams involved pump-and-dump schemes where developers talked up the token and encouraged investors to buy it before running off with the funds. • The ease of launching new tokens means these types of scams can happen easily, hurting the reputation of cryptocurrency […]

• The International Monetary Fund (IMF) has stated that the risks surrounding bitcoin use in El Salvador have not necessarily shown themselves yet but still warrants attention and transparency. • El Salvador was the first nation to declare bitcoin legal tender, in September 2021, and required businesses to accept the digital asset for transactions alongside USD. • The IMF is still concerned about El Salvador’s […]

• Cathie Wood of Ark Invest believes Coinbase stock is enough to knock the Nasdaq into oblivion. • She also believes bitcoin could reach a price of more than $1 million by the time 2030 comes around. • Wood thinks that the crypto market is pushing the Fed in a more bullish direction. Cathie Wood Believes in BTC and Coinbase’s Stock Nick Marinoff · March […]