Day: June 2, 2022

Solana Halted by Bug Linked to Certain Cold Storage Transactions

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JPMorgan CEO Jamie Dimon Warns of Incoming Economic Hurricane โ€” Says ‘You Better Brace Yourself’ โ€“ Economics Bitcoin News

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JPMorgan CEO Jamie Dimon has warned that an economic โ€œhurricaneโ€ is coming. โ€œYou better brace yourself,โ€ he advised. โ€œWe just donโ€™t know if itโ€™s a minor one or Superstorm Sandy.โ€ Jamie Dimon on the U.S. Economy and QT The CEO of JPMorgan & Chase, Jamie Dimon, warned about an incoming economic hurricane Wednesday at a financial conference sponsored by Alliancebernstein Holdings. โ€œItโ€™s a hurricane,โ€ Dimon exclaimed. While noting that โ€œRight now itโ€™s kind of sunny, things are doing fine, everyone thinks the Fed can handle it,โ€ the JPMorgan executive stressed:…

What You Need to Know.

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Raising funds for a cryptocurrency venture can be a challenging process, but the use of Simple Agreements for Future Tokens (SAFTs) can provide some clarification. The main purpose of a SAFT is to provide investors with regulatory compliance when purchasing tokens before they are issued. In this article, we will discuss the basics of SAFTs and what you need to know about SAFTs! What is a SAFT, and how does it work? A SAFT (Simple Agreement for Future Tokens) is a type of investment contract that allows investors to purchase…

Cryptocurrency Becomes a Point of Focus in Nigeriaโ€™s Elections

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Interesting times have arrived in Nigeria, as cryptocurrency is now a focal point in the campaigns of the Nigerian national elections. Candidates are moving towards embracing cryptocurrency as a staple of the financial world of Nigeria, and are advocating for global adoption of crypto. A presidential hopeful in Nigeria, Abubakar Saraki, has lent his voice in support of the cryptocurrency industry. Saraki claims that cryptocurrency has created a lot of opportunities for youth in the country, which has the highest population in Africa. He is, however, of the opinion that…

ASSET MANAGEMENT GIANT VANECK SAYS BITCOIN CAN HIT $4.8 MILLION PER COIN AS A GLOBAL RESERVE ASSET!!

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿ’ฐ Earn Free Crypto on every trade over $10 with FTX US: Use Code: cryptonews ๐Ÿ’ฐ Get $100 in FREE Bitcoin from iTrust Capital: (Sponsored) 1. Register here: 2. Confirm your email. 3. Fund your account. American investment firm VanEck believes that Bitcoin (BTC) has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. VanEckโ€™s analysis found that the implied price for the king cryptocurrency ranged from $1.3…

Consensus 2022 Visitor Guide: CBDCs and Public Money

A handful of small countries โ€“ the Bahamas, Nigeria โ€“ have launched fiat digital currencies, but more than 30 nations are developing or pilot testing them, including China. Last week, the city of Shenzhen in southern China announced $4.5 million in digital yuan as stimulus payments to residents to counter the negative economic effects of the pandemic. The U.S. is considering a digital dollar, but Federal Reserve Vice Chair Lael Brainard said recently it would take approval from the White House and Congress and would take at least five years…

Bitcoin Dominates Derivatives Market To End May On A High Note

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Bitcoinโ€™s dominance of the crypto market has been on the rise. This naturally comes with every downtrend in the market because although bitcoin takes a hit, the altcoins always record the worse losses, leaving them with less dominance of the market. Bitcoinโ€™s dominance has however not stopped here. It has now spilled onto the derivatives market where the dominance of the pioneer cryptocurrency is even more apparent. Bitcoin Open Interest Surges The general open interest in the crypto market has been on a decline since the market took a hit…