Cryptocurrency, digital assets not yet mature or well understood

[ad_1] By: Special for RBJ Matthew Reitz 10 November 2022 Cryptocurrencies have been hailed by supporters as a way to provide universal access to financial markets and services and an eventual replacement for fiat currencies, but detractors who argue that digital assets are not on par with government-backed currencies and the new asset class lacks … Read more

A year since its peak of $69,000, Bitcoin has plunged more than 70% – here’s why Warren Buffett has always hated cryptocurrency

[ad_1] ‘They Will Come To A Bad End’: A Year Since Its $69,000 Peak, Bitcoin Has Plunged More Than 70% – Here’s Why Warren Buffett Has Always Hated Cryptocurrency It has been a rough year for Bitcoin and its backers. And even back in 2018, the Oracle of Omaha predicted that it and other cryptocurrencies … Read more

Cryptocurrency exchange FTX now worthless, says key investor | Cryptocurrencies

[ad_1] FTX, once the second largest cryptocurrency exchange in the world, is now worthless, according to one of the company’s early investors. In a note to partners, venture capital firm Sequoia announced that it had written down its investment in FTX to the value of $150 million. (£130 million). “In recent days, a liquidity crunch … Read more

Commerce Department Claims Pi Network Cryptocurrency Illegal

[ad_1] TEMPO.CO, Jakarta , Trade Deputy Minister Jerry Sambuaga stated that a cryptocurrency called Pi Network is illegal as it is not registered with the Futures Exchange Supervisory Board (Bappebti). “I can confirm with Bappebti that the Pi network is illegal or not yet registered,” Jerry said in a virtual press conference on Thursday, November … Read more

Here’s why Big Eyes Coin wins comparisons with cryptocurrency industry leaders like Decentraland and Avalanche

[ad_1] There has been an increased demand for meme coins within the cryptocurrency industry as the bear market rages on. This is because of their immense utility, a feature that makes them valuable assets in the current climate. Known throughout the cryptocurrency industry for their fun and casual nature, meme coins are a cryptocurrency category … Read more