Softbank CEO sold Bitcoin at a $130m loss after getting “too distracted”

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Masayoshi Son’s not having the greatest of years in recent times. His storied $50 billion venture fund saw massive losses in 2019, with budding startups WeWork and Uber...

BlackRock Exec Says Bitcoin Could Replace Gold ‘to a Large Extent’

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Rick Rieder, CIO of Fixed Income at investment giant BlackRock, told CNBC that bitcoin and cryptocurrency are "here to stay." Source link

U.S. regulators crackdown on 15 Bitcoin and forex scammers in “sweeping action”

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Texan regulators filed charges against 15 illicit investment platforms advertising false crypto, forex, and binary options investments, as per a Texas State Securities Board (TSSB) release shared with...

Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation

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The U.S. Federal Reserve and the rise of “zombie companies” is prompting investors scramble to hedge against inflation using bitcoin and gold.That’s according to Mark Yusko, founder and...

Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant

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One of the world’s largest poker networks has said its players currently prefer bitcoin to fiat money for payouts.Winning Poker Network, which operates a number of online poker...