Wall Street: New Crypto Exchange Is The New rave Of Crypto Industry
In a live interview on TV’s “First Mover,” Jamil Nazarali, CEO of EDX Markets, talked about what his new Crypto Exchange means for institutional investors and why crypto’s idea of being an asset class without a middleman is unlikely to last. As more and more institutions offer cryptocurrency to their big clients, a new crypto […]
Bitcoin Slumps to $21.5K in Premarket Trading.
Bitcoin Slumps Before the U.S. stock market opens, Marathon Digital and Riot Blockchain are both down more than 10%. As Bitcoin Slumps and its bullish momentum starts to fade, cryptocurrency-related stocks are trading much lower in Friday’s premarket. The cryptocurrency’s price recently went down 8.6% to about $21,500. Marathon Digital (MARA) and Riot Blockchain (RIOT) […]
Ex-Goldman Sachs banker clarifies Wall Street’s Bitcoin error
John Haar, a former member of the traditional finance community, claims that Wall Street’s reluctance to accept Bitcoin is due to a basic knowledge of “sound money.” The lack of backing for Bitcoin from “traditional finance,” according to John Haar, a former asset manager at the financial firm Goldman Sachs, is the result of a […]
It’s still too early to tell if Bitcoin will stay the top dog, says Daniel Strachman of Wall Street
Since its inception in 2009, Bitcoin has been the most valuable crypto asset in terms of market value, surpassing Ethereum. Considering the thousands of additional cryptocurrencies that have come into existence over the years, is it possible that any of them could ever surpass Bitcoin (BTC) in terms of market capitalization? According to Daniel Strachman, […]