Every time the crypto market enters a dramatic phase, the CEO of ARK Invest Cathie Wood is one of the first investors I turn to in order to understand the dynamics that are changing on the charts. Wood is a veteran investor in the digital asset market. In fact, she claimed that ARK Invest was … Read more
Brian Moynihan made a dire warning about stablecoins. During a January 15 earnings call, the CEO of Bank of America told analysts that as much as $6 trillion in deposits could migrate from the US banking system to stablecoins, roughly 30% to 35% of total US commercial bank deposits. Moynihan attributed the projection to US … Read more
00:00 Speaker A Bitcoin climbs back above $93,000 hitting its highest level in two weeks. It’s been a rough run though since hitting that all-time high back in October and a key underlying factor heading into the new year, the regulatory backdrop. Joining me now is Paul Grewall, Coinbase’s chief legal officer. Paul, it’s great … Read more
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Brazil’s central bank just tightened the screws on cryptocurrency trading with new regulations that could reshape how millions of Latin Americans use digital assets—particularly stablecoins that have become a popular solution to traditional banking systems. The long-awaited rules, … Read more