The Business & Technology Network
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Gemini co-founder Tyler Winklevoss says that the banking giant JPMorgan is attempting to sabotage fintech and crypto firms. In a post on the social media platform X, the billionaire says that JPMorgan retaliated to a tweet he made last week, saying that the financial services titan was seeking to bankrupt fintech and crypto firms by charging them fees to access their customers’ account...
Personal finance author Robert Kiyosaki is cautioning against having Bitcoin (BTC) exposure through exchange-traded funds (ETFs) rather than holding real coins. In a new post on the social media platform X, the Rich Dad Poor Dad author refers to Bitcoin ETF shares as “paper,” emphasizing that it’s still better to own the real asset directly rather than depend on institutions for exposure. “...
The CEO of a $7.8 billion asset manager says his firm is investing in three companies poised to drive transformative advancements in healthcare, financial data and AI. Aureus Asset Management chief executive Thad Davis tells Barron’s that his firm has piled into Thermo Fisher Scientific (TMO), believing that the firm is in a position to become the “Amazon-type” supplier for healthcare firms. “It...
A Bitcoin whale wallet with a 14-year history has just sold off its coins in one of the biggest BTC transactions in history. In a press release, the crypto financial services giant Galaxy Digital says that it facilitated the successful execution of “one of the largest notional bitcoin transactions in the history of crypto” on behalf of one of the firm’s clients. Galaxy says the transaction...
HodlX Guest Post  Submit Your Post   The industry should be pushing for public awareness on the difference between self-custody and holding your Bitcoin with a third party. Bitcoin treasury companies are potential honeypots for nationalization in a future where the US government is attempting to maintain its dominant role in the global order by seizing BTC amid the US dollar being dropped as the...
A widely followed analyst and trader who accurately predicted the bottom for Bitcoin (BTC) in 2018 says the crypto king is primed to go higher after a recent correction. The trader and analyst pseudonymously known as Bluntz tells his 326,100 followers on the social media platform X that Bitcoin is likely done correcting after falling below the $116,000 price level. “Send it.” Source: Bluntz/X...
Banking titan Goldman Sachs believes the US dollar’s poor performance over the last few months is just the beginning of a downtrend that will likely last for years. In a new podcast, Goldman Sachs chief economist and head of global investment research Jan Hatzius calls the US dollar the “dog that didn’t bark.” Hatzius says the US economy has stabilized since April, when the stock market plunged...
The president and chief investment officer of the financial giant Vanguard isn’t particularly bullish on US stocks over the next decade. Gregory Davis tells Fortune in a new interview that US equities aren’t primed to continue raking in double-digit gains year after year. “Our investment strategy group’s projection is that US equity market returns are going to be much more muted in the future....
The chief investment officer (CIO) of crypto asset management firm Bitwise, Matt Hougan, is saying the four-year cycle, which has traditionally influenced the boom and bust cycles of Bitcoin (BTC) and the rest of the crypto market, is “dead.” Hougan says the “forces that have created prior four-year cycles are weaker” currently and this includes the Bitcoin halving. According to Hougan, the...
Airport security has snagged several million dollars in liquefied gold from a couple attempting to smuggle it into India. According to a post on the social media platform X, India’s Central Industrial Security Force (CISF) says it seized 28 kilograms of gold paste – worth roughly $3.34 million at current prices – after they got off their plane from Dubai. The CISF said the gold paste was “...