Max Keiser: Bitcoin is Falling Due to Growth of US Government Bond Yields
Max Keiser, TV presenter and founder of Heisenberg Capital, has linked the decline of Bitcoin’s price in August of 2021 to the increasing yield on US Treasury bonds.
PayPal Will Suspend Crypto Transactions in UK Until Next Year
The company has announced its decision to suspend operations with Bitcoin in the UK.
Valkyrie Files to Launch Ethereum-ETF Futures
Valkyrie Funds has recently filed with the SEC to launch the Valkyrie Ethereum Strategy ETF.
Blockchain Platform ZetaChain Raises $27M
ZetaChain, a blockchain platform focused on interoperability, has closed $27 million in investments from an estimated undisclosed value.
Stellar Makes Investment in MoneyGram
The Stellar Development Foundation (SDF), a non-profit organization, has made a strategic investment in money transfer service MoneyGram.
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.
Former FTX CEO Sam Bankman-Fried is Sent to Jail Pending Trial
FTX founder Sam Bankman-Freed has had his bail revoked by a federal judge and has been placed in custody until the next hearing.
Argentina is Reportedly Investigating Crypto Project Worldcoin
Argentina has announced the initiation of an investigation by a government information agency into the Worldcoin Foundation.
