Investment Advisor Says Bitcoin Is ‘Very Dangerous to Hold Today’ Citing Warnings by Regulators

Investment advisor and former Prudent Bear Fund manager David Tice has warned about investing in bitcoin. Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today. Investment Advisor David Tice Warns It’s Dangerous to Invest in Bitcoin David Tice, who sold his bear fund as the 2008 financial crisis was unfolding, talked about the stock market and bitcoin in an interview with CNBC Friday. A former Prudent Bear Fund manager, Tice is known for making…

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Bitcoin ring is heading to Dubai

A set of Diamond Hands ring collection with engravement of Bitcoin creator, Satoshi Nakamoto DESIRED’s new edition, the Diamond Hands collection, is a pacesetter in physical asset tokenization. Created by Roman Burch and Yevgeniy Sarayev, Diamond Hands is dedicated to the crypto world. Burch was inspired by the history of Bitcoin, and its added value to the world economy. He adopted Bitcoin history and impact as a concept for Diamond Hands, and translated into a physical item, an IBWT (In Bitcoin We Trust) Ring. Diamond Hands features 100 Bitcoin-inspired rings…

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Treasury secretary Yellen urges lawmakers to quickly introduce stablecoin guidelines

The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. United States Treasury Secretary Janet Yellen has told financial regulators that the government must act quickly to establish a regulatory framework for stablecoins. The comments came at Monday’s meeting of the President’s Working Group on Financial Markets. The group discussed the rapid growth of stablecoins, revealing plans to issue regulatory recommendations in the coming months, according to Reuters. The group also deliberated on stablecoins as a means of payment, possible risks to…

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