Generative Data Intelligence

Tag: Bloomberg

Top 15 Women Leaders in Asia’s Fintech Industry in 2021

Out of the top 100 women in fintech selected by BizClik Media Group last month, Fintech News has shortlisted the top listed 15...

Former Treasury Secretary Lawrence Summers Says Bitcoin may become fundamental to commerce on Internet

Lawrence Summers, the former US Treasury Secretary and the former Chief Economist of the World Bank recently appeared on Bloomberg where he said that cryptocurrencies are here to stay and Bitcoin may become “fundamental to commerce on the Internet.” Summers said that just like Gold Bitcoin could become a choice as an inflation hedge and

The post Former Treasury Secretary Lawrence Summers Says Bitcoin may become fundamental to commerce on Internet appeared first on Coingape.

Former U.S. Treasury Secretary: ‘Crypto Is Here to Stay’

Crypto has received words of confidence from a former U.S. Treasury Secretary, who says it could remain a permanent fixture on global...

Bitcoin Spent on Two Pizzas in 2010 Now Worth $384 Million

Today’s the 11th anniversary of the day a Florida man spent 10,000 Bitcoin on two pizzas.

Iranian Spies to Hunt Down Illegal Bitcoin Miners

The Iranian government will enlist its spies to locate and seize illicit cryptocurrency miners, while those using household energy may face fines.

Former U.S. Treasury Secretary Lawrence Summers says Bitcoin could become digital gold.

The former U.S. Treasury Secretary Lawrence Summers said cryptocurrencies could stay a feature of global markets as something akin to “digital gold,” even if their importance in economies will remain limited. Speaking at the end of a week in which Bitcoin whipsawed, Summers told Bloomberg Television’s “Wall Street Week” with David Westin that cryptocurrencies offered […]

Cathie Wood Says Bitcoin Heading to $500,000, Crypto Market in Capitulation Phase

Superstar hedge fund manager Cathie Wood says she still sees Bitcoin heading to $500,000 BTC despite its recent crash to $30,000. In an interview with Bloomberg, the Ark Invest CEO say that while her team’s conviction that Bitcoin will hit $500,000 remains high, she concedes that some conditions have changed. Wood says that the ongoing […]

The post Cathie Wood Says Bitcoin Heading to $500,000, Crypto Market in Capitulation Phase appeared first on The Daily Hodl.

SEC’s Hester Pierce and Ark Invest’s Cathie Wood Bats for Bitcoin ETF Amid Recent Correction

On Friday evening, May 21, Bitcoin (BTC) once again crashed under $35,000 for the second time in a week following China announcing a crackdown on Bitcoin mining operations. Bitcoin short-term investors ended up booking heavy losses while whales started buying the dips. The interesting news is that just as Bitcoin continues to trade at new

The post SEC’s Hester Pierce and Ark Invest’s Cathie Wood Bats for Bitcoin ETF Amid Recent Correction appeared first on Coingape.

Auto data startup Wejo explores SPAC merger with Virtuoso

Elevate your enterprise data technology and strategy at Transform 2021. (Reuters) — Wejo is in talks to go public through a reverse...

Gold Outshines Bitcoin in Latest Market Volatility

Wild price swings and increased regulatory scrutiny prove a bad mix for BTC.

FTX set to raise up to $1 billion at $20 billion valuation: sources

Crypto exchange FTX is in the latter stages of a funding round said to value the company at around $20 billion, according to sources.

The post FTX set to raise up to $1 billion at $20 billion valuation: sources appeared first on The Block.

Iranian intelligence officers target illegal crypto miners.

According to the Bloomberg report, the Iranian government is using intelligence officers to find and stop large-scale farms that have been set up to mine cryptocurrencies like Bitcoin. The Iranian Students’ News Agency had reported the testimony of a distribution coordinator at a state-run grid operator, who said the Ministry of Intelligence had begun setting […]

Read full post Iranian intelligence officers target illegal crypto miners. on Chaintimes.com.

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