Day: April 10, 2023

Coinbase CEO says Bitcoin Lightning is ‘something we’ll integrate’

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Bitcoin (BTC) layer 2 scaling solution Lightning may feature on the cryptocurrency exchange Coinbase in some capacity, according to its chief Brian Armstrong. In a tweet on April 8, Armstrong said that “Lightning is great and something we’ll integrate” in response to a tweet criticizing him for “actively ignoring” the network. My tweets auto-delete after some number of months, so there is no search history. Lightning is great and something we’ll integrate. — Brian Armstrong (@brian_armstrong) April 8, 2023 Armstrong provided no further details on what a Lightning integration with…

US Economy at Risk of Crash Landing, Allianz Warns – Economics Bitcoin News

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Allianz, one of the world’s largest insurers, has warned that the U.S. economy is headed toward a crash landing. “We expect the economic momentum to deteriorate during the second half of the year on the back of rapidly tightening credit conditions, exacerbated by the banking crisis,” said the insurance giant’s analysts. Crash Landing Ahead, Warned Allianz Allianz’s research and analysis division published a report last week stating that the U.S. economy is “headed towards a crash landing.” Allianz is one of the world’s largest insurers with over 122 million private…

US Dollar Could Lose Most of Its Value in 5 Years, Investment Manager Warns – Bitcoin News

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Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 years. Following the onset of the Russia-Ukraine war, “the U.S. did something which I perceived to be very stupid, which is it seized $600 billion of Russian currency reserves, and that sent the message to every other country in the world that ‘Hey if the U.S. doesn’t like what you’re doing, they can grab your money,’” the executive described. Investment Manager Expects U.S. Dollar to Lose Most of Its Value…