Cryptocurrencies Like Bitcoin Can’t Replace the Dollar, Says New York Fed Chief Nominee
As the price of Bitcoin jumps to $8,800 Twitter CEO Jack Dorsey predicted that Bitcoin will eclipse all the world’s currencies in around 10 years . But the man nominated to be.....»»
Bitcoin no match for gold: Barrick Gold CEO
Bitcoin and other cryptocurrencies are nothing more than bubbles and will never replace gold, according to Barrick Gold CEO Mark Bristow......»»
The best time to buy bitcoin was "yesterday" and allocating 4% of a portfolio is a good bet, a chief strategist at CoinShares says
Meltem Demirors says regulatory concerns around cryptocurrencies are unlikely to thwart investor plans to allocate bitcoin to their portfolio.....»»
NY AG sues to shut down crypto app Coinseed alleging it sold a worthless currency and defrauded investors
New York's attorney general alleges that Coinseed wasn't registered to trade cryptocurrencies like bitcoin.....»»
The Wall Street Journal: Bitcoin to come to BNY Mellon, America’s oldest bank
Bank of New York Mellon, the nation’s oldest bank, is making the leap into the market for cryptocurrencies......»»
Janet Yellen Changes Stance on Cryptocurrencies After Earlier Comments Led to Bitcoin Carnage
President Joe Biden’s treasury secretary nominee Janet Yellen displayed a change of stance on cryptocurrencies in a statement to the U.S. Senate Finance Committee on Thursday. read more.....»»
Janet Yellen suggests "curtailing" cryptocurrencies such as Bitcoin, saying they are mainly used for illegal financing
Treasury secretary nominee Janet Yellen suggested the Joe Biden administration could be tough on Bitcoin and cryptocurrencies after huge price rises. Janet Yellen express.....»»
Bitcoin is "fool’s gold and anybody buying it is ultimately a fool": Peter Schiff
Euro Pacific Capital chief economist and strategist Peter Schiff suggested cryptocurrency investors are “fools” Monday after bitcoin took a major dip in the market after reaching record-breaking highs against the dollar......»»
Stablecoin Supply Breaks $10B as Traders Demand Dollars Over Bitcoin
The value of assets for all stablecoins surpassed $10 billion as more cryptocurrency traders prefer alternative cryptocurrencies using dollar-backed digital tokens instead of bitcoin, according to Coin Metrics data......»»
Digital Currencies Won’t Replace US Dollar Anytime Soon: IMF Chief Economist
Digital currencies do not yet meet the criteria to become a viable alternative to the greenback, according to the IMF's Gita Gopinath......»»
MARKETS DAILY: Defeating the ‘Domination’ of the US Dollar
With bitcoin seemingly back to 'normal', we take a moment to look at historical adoption at the fringe and how it might apply to national cryptocurrencies. It's CoinDesk's Markets Daily......»»
New York proposes new rules on cryptocurrency
Bit by bit, New York is looking to enlarge its regulatory system for cryptocurrencies. The state's top financial overseer, Linda Lacewell, unveiled proposed regulations on Bitcoin and other virtual... To view the full story, click the title link......»»
Trump says Rep. John Ratcliffe has withdrawn as intelligence chief nominee
WASHINGTON (MarketWatch) -- President Trump on Friday said Texas Rep. John Ratcliffe would no longer be considered to replace Dan Coats as the nation's intelligence chief. In.....»»
Trump says Rep. John Ratcliffe hes withdrawn as intelligence chief nominee
WASHINGTON (MarketWatch) -- President Trump on Friday said Texas Rep. John Ratcliffe would no longer be considered to replace Dan Coats as the nation's intelligence chief. In.....»»
Bitcoin review: Litecoin shines, Gemini wants a broker-dealer license
To keep readers up-to-date on the latest price fluctuations and trends pertaining to cryptocurrencies, we here at the New York Business Journal compile the week's top stories each Friday. Peruse the listicle below for the headlines you might have miss.....»»
Robinhood Opens Trading for 7 Cryptocurrencies in New York
Five months after receiving a BitLicense, Robinhood is now offering ethereum and bitcoin trading in New York State......»»
Bitcoin"s first $1,000 weekend since 2017 marks nine-month high
Bitcoin surged more than $1,000 this weekend to the highest level since August, as cryptocurrencies extended their rebound from a slump last month amid the New York attorney general’s investigation of a key part of the market......»»
Bitcoin"s First $1,000 Weekend Since 2017 Marks Nine-Month High
Bitcoin surged more than $1,000 this weekend to the highest level since August, as cryptocurrencies extended their rebound from a slump last month amid the New York attorney general’s investigation of a key part of the market......»»
Bitcoin"s First $1,000 Weekend Since 2017 Marks Nine-Month High
Bitcoin surged more than $1,000 this weekend to the highest level since August, as cryptocurrencies extended their rebound from a slump last month amid the New York attorney general’s investigation of a key part of the market......»»
Bitcoin"s first $1,000 weekend since 2017 marks 9-month high
Bitcoin surged more than $1,000 this weekend to the highest level since August, as cryptocurrencies extended their rebound from a slump last month amid the New York attorney general’s investigation of a key part of the market......»»
Kellogg to replace CFO, earnings dive 36.5 percent; shares drop
Kellogg Co said on Thursday it will replace its chief financial officer, and the cereal, breakfast foods and snacks maker reported a 36.5 percent decline in first-quarter earnings, citing a strong U.S. dollar and higher costs......»»