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Blockchain.com CEO Shares Why He's 'Hodling' While Crypto Is Crashing

Blockchain.com Peter Smith is the CEO and cofounder of the Baillie Gifford-backed crypto startup Blockchain.com. Smith shared how, in 10 years, he built the firm from nothing to a business valued at $5 billion. He also laid out the four crypto trends and assets on his radar these days. The crypto market is tumbling. But Peter Smith, the chief executive and cofounder of Blockchain.com, is "hodling." "Ten years in crypto and I still havent figured out how to sell," S...
Satoshi Nakamoto Baillie Gifford Peter Smith Gavin Andresen Silvio Micali Baillie Gifford Backed

Fear, uncertainty and doubt reign in Indian cryptoverse

Fear, uncertainty and doubt reign in Indian cryptoverse SECTIONS Share ETtech The Indian crypto universe is in a FUD. Fear, Uncertainty and Doubt (FUD) took over Indian investors in crypto assets on Wednesday as Bitcoin, the world’s most valuable and best-known crypto token, posted its biggest single-day fall in nearly a year. After Tesla Inc’s founder Elon Musk said last Thursday that the electric vehicles maker would longer accept Bitcoins, the token fell from a peak of $57,000 last week ...
Ashish Mehta Nithin Kamath Praanesh Bhuvaneswar Lakshay Aggarwal Bitcoincrash Bitcoin Moonman Nischal Shetty

Crypto exchanges draw attention of regulators over brand promotions

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Is Coinbase Stock a Buy or a Sell? a Bull and a Bear Make Their Cases

Richard Drew/Associated Press This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Coinbase is expected to report earnings for the first time since its direct listing in mid-April. Ark analyst Yassine Elmandjra shares how the stock could scale to the $2.5 trillion crypto market. New Constructs CEO David Trainer breaks down why the stock could actually fall below $100 or less. All ey...
Cathie Ark Yassine Elmandjra Owen Lau Cathie Wood Ark David Trainer Gil Luria

Crypto exchange: RBI tells lenders to re-consider ties with crypto exchanges, traders

Synopsis The guidance comes as India is crafting a law to ban cryptocurrencies and penalize anyone dealing in them, which would be among the most sweeping crackdowns on the new investing fad in the world. Reuters RBI in 2018 had forbidden banks from dealing in all transactions related to bitcoin and other such assets. Indias central bank is informally urging lenders to cut ties with cryptocurrency exchanges and traders as the highly speculative market booms, despite a Supreme Court ruling that ...
Shaktikanta Das Supreme Court Axis Bank Indusind Bank Reserve Bank Ind Bank

RBI tells lenders to re-consider ties with crypto exchanges, traders

Indias central bank is informally urging lenders to cut ties with cryptocurrency exchanges and traders as the highly speculative market booms, despite a Supreme Court ruling that banks can work with the industry, three sources told Reuters The guidance comes as India is crafting a law to ban cryptocurrencies and penalise anyone dealing in them, which would be among the most sweeping crackdowns on the new investing fad in the world. But with the Covid-19 crisis engulfing the country, no one is...
Shaktikanta Das Supreme Court Axis Bank Indusind Bank Kotak Mahindra Bank Reserve Bank

Cryptocurrencies to Buy: 9 Ethereum-Tied Tokens for DeFi Revolution

The price of cryptocurrency ethereum has surged in recent weeks. It still has "significant" upside, says FalconXs Aya Kantorovich. She shared nine digital tokens to take advantage of ethereums tailwinds. A revolution in the financial world is brewing, and quickly.  The digital asset space is driving the movement toward Decentralized Finance, or DeFi, by allowing people to do things like securely borrow money from other individuals instead of banks and provide liqui...
Aya Kantorovich Falconx Aya Kantorovich Chicago Mercantile Exchange Decentralized Finance Bi Prime Ethereum Blockchain

Crypto exchanges say payment gateways blocking their transactions

Well soon meet in your inbox. Please wait... On Tuesday, Nischal Shetty, the chief executive of cryptocurrency exchange Wazirx, took to Twitter to express concern over banks refusing crypto transactions. They were citing a 2018 RBI ban on banks dealing in crypto, which the Supreme Court had struck down in 2020, he said. Day 915Confusion in India’s banking industry is hurting 1.5 CRORE Indians in Crypto.The Honourable Supreme Cour… https://t.co/OUzdWlevzW— Nischal (WazirX) ⚡️ (@Nischal...
Sathvik Vishwanath Nischal Wazir Nischal Shetty Vishwas Patel Supreme Court Tech Top

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