Valkyrie CIO on Bitcoin as BTC Becomes Legal Tender in El Salvador
Bitcoin is now officially a legal tender in El Salvador. The cryptocurrency is declining after testing resistance near $52,000 on Monday, with initial support seen at the $50,000 breakout level. Steven McClurg, CIO and co-founder of asset management firm Valkyrie, discusses his crypto markets analysis and outlook. Plus, his take on altcoins and bitcoin ETFs.
What Could Liquid Exchange Do Now to Prevent Future Crypto Hacks?
Seth Melamed, COO of Liquid Group, discusses Liquid Exchange’s $90 million hack and measures the firm is taking to prevent hacks like this from happening again. Plus, his reasons why he doesn’t think El Salvador’s bitcoin law is sustainable and whether he foresees Asia potentially adopting BTC as legal tender.
El Salvador Buys Its First 200 BTC a Day Before Its Bitcoin Law Becomes Effective
And it “will be buying a lot more.”
German Asset Manager Union Investment Plans to Bring Bitcoin to Its Private Wealth Clients: Report
Cryptocurrencies may see further mainstream adoption in Germany.
Crypto Long & Short: The Trouble With Ticker Symbols
Investors are apt to get confused when multiple projects can claim the same ticker without an industry standard for exchanges to assign identifiers.
Market Wrap: Bitcoin and Ether Cross Milestones as Rally Continues
Bitcoin hit $50K and ether approached $4K as risk appetite heats up.
Bitcoin Won’t Save the Afghan People
Crypto activity in the collapsing country is likely a sign of capital flight by corrupt elites, not aid or remittances flowing in, according to one expert.
Bitcoin Returns Near $50K, Next Resistance at $55K
A breakout could yield further upside towards $55K.
