Tag: Bitcoin

Bitcoin: Become a “Certified Cryptocurrency Expert,” or CCE for $229 – Bloomberg

To pass the chartered financial analyst exams and put the “CFA” letters on your resumè, at least 900 hours of study are recommended. Hitting the books for 300 to 400 hours is advised for the certified public accountant exam, which is usually taken by prospective CPAs who have completed an undergraduate degree in the subject. However, to become a “Certified…

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Riksbank Governor Wants to Minimize Bitcoin in Financial Sector – Bloomberg

Sweden’s central bank governor seeks to keep Bitcoin trading away from the country’s financial system, warning about potential losses after the crypto currency has reached new all-time highs. “I want as little Bitcoin as possible in the Swedish financial system,” Erik Thedeen told reporters after a parliamentary hearing on monetary policy on Tuesday. “It’s an instrument that is impossible to…

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ETF approval for bitcoin – the naked emperor’s new clothes

On 10 January, the US Securities and Exchange Commission (SEC) approved spot exchange-traded funds (ETFs) for Bitcoin. For disciples, the formal approval confirms that Bitcoin investments are safe and the preceding rally is proof of an unstoppable triumph. We disagree with both claims and reiterate that the fair value of Bitcoin is still zero. For society, a renewed boom-bust cycle…

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German Police Seize $2.1 Billion in Bitcoin From File Sharers – Bloomberg

German prosecutors provisionally seized nearly 50,000 Bitcoin worth about $2.1 billion as part of an investigation into what they see as an illegal file-sharing platform. It’s the largest amount of Bitcoin ever secured by law enforcement in Germany, Saxony prosecutors said Tuesday. Germany’s Federal Criminal Police Office and the US Federal Bureau of Investigation supported the investigation. Source: German Police…

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Why People Still Think Bitcoin Will Die

If you’re looking for more proof of the gap of comprehension between “normies” and crypto fanatics, look no further than the results of a Deutsche Bank survey of 2,000 retail clients last week. The most striking result wasn’t even that a third of respondents saw bitcoin below $20,000 by year end. That’s less than half its current price, and well…

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Bitcoin Bashed by JPMorgan CEO Jamie Dimon

JPMorgan CEO Jamie Dimon took another opportunity to publicly air his criticism about Bitcoin (BTC), saying his personal advice is to not get involved. The use cases for Bitcoin are “AML, fraud, sex trafficking and tax avoidance,” said Dimon, holding court Wednesday on CNBC from Davos. “I defend your right to do Bitcoin,” continued Dimon, who one month ago in…

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After the ETF: Bitcoin’s Coming Power Struggle

A sizable crypto community’s presence at the World Economic Forum in Switzerland this week highlights an inherent tension: on the one hand, the industry’s desire for acceptance by the business establishment and, on the other, a concern that engaging with it could undermine crypto’s disruptive, rebellious ethos. Source: After the ETF: Bitcoin’s Coming Power Struggle

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On the 15th Year Anniversary of Hal Finney’s Iconic ‘Running Bitcoin’ Tweet, BTC Clears Massive Hurdle for Mainstream Adoption

“Running bitcoin,” were the words of legendary cypherpunk Hal Finney on Jan. 11, 2009, shortly before becoming the first person to download and receive bitcoin (BTC) two days later. This tweet introduced the world to bitcoin, the then-niche internet token which would balloon into a trillion-dollar asset at its peak. On Wednesday, exactly 15 years after Finney’s tweet, bitcoin got…

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