Robert Kiyosaki Predicts Bitcoin Will Hit $1M
Robert Kiyosaki has predicted that the result of the global financial crisis will be the rise of Bitcoin to an estimated $1 million.
FDIC: Cryptocurrencies Pose Risks to Banking System
The FDIC has noted in its annual review the potential for new and complex risks to the US banking system from crypto-related activities, citing fraud, legal ambiguities, misleading statements, and vulnerabilities in risk management.
Bitcoin’s Volatility Reaches Lowest Level in History
Bitcoin’s 30-day price volatility, measured on an annualized basis, has reached a record low of 15.5%.
Kraken Ventures Wants to Raise $100M
Kraken Ventures, the venture capital arm of crypto exchange operator Kraken, is in the process of raising its second fund in a challenging environment.
India’s Supreme Court Criticizes Lack of Crypto Regulation
India’s Supreme Court on July 27 criticized the government for delaying the development of a regulatory framework for digital assets in the country.
A US Court Overturns SEC’s Decision on SPIKES Futures
The US Court of Appeals for the District of Columbia has recently overturned an SEC ruling that would have treated instruments on the SPIKES index as futures instead of as securities futures.
