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Cryptocurrency And Finance

All articles tagged with #cryptocurrency and finance

cryptocurrency-and-finance1 year ago

"Coinbase's Alesia Haas Discusses Ethereum's Security and Rebuilding Trust in Crypto Post-FTX Incident"

Alesia Haas, CFO of Coinbase, discusses the company's long-term approach, Bitcoin's record high, differentiation between cryptocurrencies, the SEC's stance on Ethereum, lessons from the latest crypto bull market, and the industry's recovery from FTX's troubles. She emphasizes the need for comprehensive crypto regulation, the increasing role of digital assets in finance, and her attraction to the transformative potential of blockchain technology.

cryptocurrency-and-finance1 year ago

"Warning: U.S. Debt Accelerates at Alarming Rate, Fueling Crypto Boom and Dollar Concerns"

Bank of America has issued a warning that the U.S. debt load is set to increase by $1 trillion every 100 days, potentially leading to a collapse of the U.S. dollar. The soaring bitcoin price, now over $60,000 per bitcoin, and the combined value of ethereum, XRP, and the crypto market exceeding $2 trillion, have fueled concerns of "massive collateral damage." Analysts predict that newly created spot bitcoin exchange-traded funds (ETFs) are on course for a "blowout year" due to the dollar's collapse, with inflows into these ETFs accelerating over the last two weeks. The U.S. national debt has crossed $34 trillion, prompting fears of a looming recession and sparking wild predictions about the future of the U.S. dollar.

cryptocurrency-and-finance2 years ago

BlackRock CEO Larry Fink's Support Boosts Ethereum ETF and Ether Price

BlackRock CEO Larry Fink expressed support for an ether exchange-traded fund (ETF) following the launch of a bitcoin ETF, emphasizing the potential of tokenization and the shift towards digital assets. BlackRock's iShares Bitcoin Trust (IBIT) saw significant trading volume upon its debut, and the asset management giant may consider a similar product for Ethereum. Fink views cryptocurrency as an asset class, likening bitcoin to gold as a hedge against geopolitical risk, and believes in the potential of tokenization to address issues like money laundering.