What if bitcoin went to zero?

J@vier M@rceli

Aug 5th 2021 THE RECENT expansion of the crypto-universe is a thing of wonder. Only a year ago there were about 6,000 currencies listed on CoinMarketCap, a website. Today there are 11,145. Their combined market capitalisation has exploded from $330bn to $1.6trn today—roughly equivalent to the nominal GDP of Canada. […]

Crypto bros stay loyal despite gathering crackdown

J@vier M@rceli

With a certain ring of predictability, perhaps the heaviest-hitting US financial market regulator has rained on crypto’s parade. True believers in the transformative power of cryptocurrencies, and in their ability to usurp the existing financial system, have long clung to the conviction that Gary Gensler, chair of the Securities and […]

Crypto fight stays foggy – POLITICO

J@vier M@rceli

Editor’s Note: Morning Money is a free version of POLITICO Pro Financial Services’ morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Act on […]

Billionaire investor Mike Novogratz attacks Elizabeth Warren’s anti-crypto stance, saying DeFi is far more transparent than banks | Currency News | Financial and Business News

J@vier M@rceli

Mike Novogratz is one of the most high-profile bitcoin and crypto investors. John Lamparski/Getty Images Billionaire investor Mike Novogratz has criticized Senator Elizabeth Warren’s anti-crypto stance, saying decentralized finance, or DeFi, can be a progressive force that is more transparent for consumers than banks. Warren on Tuesday sent a letter […]