SWIFT Representative Calls Crypto “Useless and Unstable”

The Society for Worldwide Interbank Financial Telecommunications, SWIFT, recently had some harsh words for crypto. Specifically, representatives from SWIFT have reportedly said that crypto is “useless and unstable”. Nonetheless, this comes as crypto is increasingly challenging SWIFT’s dominance on monetary transfers. SWIFT calls crypto “useless” This news was first covered in an FXStreet report on … Continue reading SWIFT Representative Calls Crypto “Useless and Unstable”

25-Year-Old Might Face Life Sentence After Running Bitcoin Exchange

A 25-year-old Bitcoin seller is now facing a life sentence after running an unofficial Bitcoin exchange. This was officially announced by the United States Justice Department on Friday. Moreover, the Bitcoin seller has supposedly agreed to plead guilty to the charges. Bitcoin seller facing life sentence This 25-year-old comes from Westwood, Los Angeles, and has … Continue reading 25-Year-Old Might Face Life Sentence After Running Bitcoin Exchange

US Federal Reserve Reveals New Real-Time Payment System, Confusing Crypto Bulls

The United States Federal Reserve Board has officially revealed that it will launch a real-time payments settlement service. This initiative is aimed at boosting the payments infrastructure in the nation. Moreover, this comes as banks are increasingly looking to crypto for real-time global payments. The FedNow Service will work 24/7 This news came in an … Continue reading US Federal Reserve Reveals New Real-Time Payment System, Confusing Crypto Bulls

Former Goldman Sachs Head Says ”Nothing” Has Payoff Potential Like Bitcoin

A previous Head of Equity and Equity Derivatives at Goldman Sachs in the United Kingdom recently came out supporting Bitcoin. Specifically, the ex-Goldman Sachs executive argues that “nothing” else but Bitcoin is worth betting on financially. E-Goldman Sachs executive foresees $8 trillion Bitcoin market cap The ex-Goldman Sachs Head, Raoul Pal, is also the founder … Continue reading Former Goldman Sachs Head Says ”Nothing” Has Payoff Potential Like Bitcoin