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Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same Mistake

Nobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who…

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Belgian MP to Receive Entire Salary in Bitcoin — Says Crypto Adoption Will Be ‘Exponential’

A member of the Brussels Parliament, Christophe De Beukelaer, says he will receive his entire salary in bitcoin this year. He believes that the technology will disrupt all industries and…

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American Express Sees Crypto as Asset Class — Says It’s Not a Near-Term Business Threat

American Express (Amex) sees cryptocurrency as an asset class, according to CEO Steve Squeri. He added that right now, the firm does not see crypto as an immediate or medium-term…

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Whale Watch: A Deep Dive Into the Concentrations of Large Crypto Holders

Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been…

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Goldman Sachs’ Blankfein Admits His View on Cryptocurrency Is Evolving — Says Crypto ‘Is Happening’

Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, says his view on cryptocurrency is evolving. “I look at the crypto, and it is happening,”…

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78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets

The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044…

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Global Crypto Owners Predicted to Surpass 1 Billion This Year

The number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com. “Nations can no longer afford to…

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Net Inflows Into Largest Gold ETF Surge Amidst Falling Stocks and Crypto Prices

Net inflows into SPDR Gold Shares surged to a new record of $1.63 billion, the highest since its listing in 2004. The surge of net inflows into one of the…

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NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes

The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are…

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Union Bank of Philippines to Offer Crypto Trading and Custodial Services

One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Philippines’…

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