Bank of America: Crypto Can Outperform Stocks Amid Potential Fed-Propelled Recession

Bank of America: Crypto Can Outperform Stocks Amid Potential Fed-Propelled Recession

The Bank of America warned that Fed’s recent actions could lead to a recession, but cryptocurrencies could emerge as winners. Bitcoin and other cryptocurrencies could outperform bonds and stocks amid a potential recession, noted Michael Hartnett, BofA’s chief investment strategist. In a recent note, he argued that the US Federal Reserve’s new policy could push…

UFC Announces Fan-Driven Fighter Bonuses To Be Paid in Bitcoin

UFC Announces Fan-Driven Fighter Bonuses To Be Paid in Bitcoin

The Ultimate Fighting Championship (UFC) has announced a new program that will allow fan bonuses to be awarded to fighters in Bitcoin.  The professional MMA organization, which holds a partnership with Crypto.com, has announced a new fan bonus that will be paid to the top three fighters on its pay-per-view (PPV) events in Bitcoin. Fighters will receive bonuses…

Credit Card Giant Mastercard Files Multiple Trademark Requests for Crypto-Related Services

Credit Card Giant Mastercard Files Multiple Trademark Requests for Crypto-Related Services

Global payments giant Mastercard is filing 15 new trademark applications related to crypto, fintech and metaverse-related technologies. According to top trademark lawyer Mike Kondoudis, the credit card titan’s requests indicate that it plans to create non-fungible token (NFT)-backed media, a payment processing and e-commerce transaction system within the metaverse and a marketplace for crypto assets. Kondoudis’ information…

‘I’ve never paid with crypto before’: How digital assets make a difference amid a war

‘I’ve never paid with crypto before’: How digital assets make a difference amid a war

For many Ukrainians and Russians, digital assets have become the means to support themselves and their loved ones during the crisis. The ongoing conflict in Ukraine has become a stress test for crypto in many tangible ways. Digital assets have emerged as an effective means of directly supporting humanitarian efforts, and the crypto industry, despite…

Shark Tank’s Kevin O’Leary Predicts Bitcoin Will Become World’s Reserve Currency

Shark Tank’s Kevin O’Leary Predicts Bitcoin Will Become World’s Reserve Currency

The 67-year-old businessman has turned into a vocal Bitcoin promoter after dismissing the cryptocurrency in the past. “Shark Tank” star Kevin O’Leary has predicted that Bitcoin will become the world’s reserve currency in a recent tweet. In early 2019, O’Leary harshly criticized the largest cryptocurrency as “garbage,” but his stance has completely changed since then.   Now,…

Bitcoin is the number 1 recurring buy asset for 2022 – more than AAPL and TSLA

Bitcoin is the number 1 recurring buy asset for 2022 – more than AAPL and TSLA

It has emerged that Bitcoin (BTC) is the most popular recurring purchase asset in 2022, surpassing leading companies such as Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA). Delivering a speech at the Bitcoin Conference 2022 in Miami, Robinhood’s Chief Product Officer Aparna Chennapragada, indicated that Bitcoin is the most repurchased asset on the investment platform so far this year, ahead of…

Russians collectively hold $130B in crypto, Prime Minister says

Russians collectively hold $130B in crypto, Prime Minister says

Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation. The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians collectively hold more than 10 trillion rubles ($130…