April 10, 2022

Cathie Wood says banks have a ‘big problem’ thanks to crypto

Cathie Wood says banks have a ‘big problem’ thanks to crypto

KEY POINTS Wood said the amount of interest investors are showing in or decentralized finance could threaten the traditional banking world Cryptocurrency was initially created to sidestep old institutions – and banks may finally be feeling themselves get disrupted, Ark Invest CEO Cathie Wood said. Known for her high risk high reward strategy, Wood told […]

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Musk on Crypto Twitter’s ‘Most Annoying Problem,’ Bored Ape NFTs, Mt Gox Bitcoins, and More — Bitcoin.com News Week in Review

Musk on Crypto Twitter’s ‘Most Annoying Problem,’ Bored Ape NFTs, Mt Gox Bitcoins, and More — Bitcoin.com News Week in Review

Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s ‘single most annoying problem,’ a

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CLabs to Work With eCurrency to Integrate CBDCs With DeFi

CLabs to Work With eCurrency to Integrate CBDCs With DeFi

Through the partnership, central banks launching CBDCs will be able to use the Celo blockchain to gain access to DeFi products. CLabs, the organization behind developing the Celo ecosystem, said Friday it will be working with eCurrency, the technology provider that enables central banks to issue digital currencies (CBDC). Through the partnership, central banks that

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Kyber Network (KNC) soars after integrating with Uniswap v3 and Avalanche Rush Phase 2

Kyber Network (KNC) soars after integrating with Uniswap v3 and Avalanche Rush Phase 2

KNC price rallied in excess of 50% after expanding access to ten blockchain networks and an integration with Uniswap v3. The outlook for projects in the decentralized finance (DeFi) sector has begun to improve in recent months as a combination of global events have highlighted the benefits of holding funds outside of the traditional financial

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Crypto trading platform eToro launches  million NFT fund as industry approaches inflection point

Crypto trading platform eToro launches $20 million NFT fund as industry approaches inflection point

KEY POINTS EToro is launching a fund to support new digital art in a first step toward broader expansion of NFT investment services. Pushing into NFTs will allow the company to expand and diversify its investor base and business partnerships, according to U.S. Managing Director Guy Hirsch. Hirsch said the processes for valuing and appraising

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US-listed travel stocks see optimism creeping back in as holiday season looms

US-listed travel stocks see optimism creeping back in as holiday season looms

Looking at the recent performance of travel stocks, we can see clear evidence that there is still a long way to go before a full revival takes place. By Dmytro Spilka It’s fair to say that travel stocks have had arguably their toughest ever spell over the past two years as the Covid-19 pandemic has

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Bullish Weekly Opening Turned Sour as Bitcoin Recorded Price Reversals

Bullish Weekly Opening Turned Sour as Bitcoin Recorded Price Reversals

A bearish turn has engulfed the broader digital currency ecosystem, with Bitcoin (BTC) leading the losses among the top digital currencies. For what was expected to be a very fruitful week, BTC journeyed into the last official trading day for the week with major sell-offs as investors ditched bullish fundamentals for quick gains. The BTC

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