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CNBC Mad Money Host Jim Cramer From Skeptic to Bitcoin Bull
CNBC’s Mad Money host Jim Cramer thinks a major shift in safe-haven assets is on its way and believes Bitcoin and crypto will be the choice of the next generation.
Fintech Startup Stripe Reaches $35 Billion Valuation
According to CNBC, San Francisco-based payments startup Stripe has just raised another $250 million in funding, bringing its valuation from $22.5 billion to $35 billion
US Judge Blocks Trump Administration’s Ban on TikTok Downloads
A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.
US Dollar Losses in 2020 Not to be Recouped in the Coming Year, Making the Case for a Bitcoin Rally
Bitcoin has been holding steadily around $10,738 at press time, as the stock market continues to recover and see gains.
Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum
Over the weekend, Bitcoin broke past the $11,000K mark once again but has fallen back to record an approximate price of $10,900 since then.
President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets
Trump has decided to delay negotiations regarding a second coronavirus stimulus package until after the presidential elections, sending Bitcoin's price down.
Winklevoss’ Predicts Bitcoin Market Cap of $9 Trillion and BTC Price of $500,000 by 2030
Bitcoin billionaires Tyler and Cameron Winklevoss told CNBC that the Bitcoin price will surge to $500,000 within the next decade and replace gold as a store of value.
Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight
The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.
Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force
Joseph Lubin, Ethereum’s co-founder, has asserted that Facebook should not spearhead the Libra project based on the concerns raised about its reputation.
Market Researcher States That Bitcoin is an Indicator for Geopolitical Turmoil
Nicolas Colas, a market researcher and Co-founder of market research firm DataTrek Research, says that Bitcoin could be used as an indication for geopolitical turmoil.
Steve Bannon Expresses his Admiration for Bitcoin
Co-founder of Breitbart News and former chief strategist for US President Donald Trump's administration, Steve Bannon has expressed his admiration for Bitcoin saying that it is a part of the "global populist revolt" in a CNBC News Squawk box on August 2
Ripple CEO Disagrees with Coinbase CEO's Apolitical Work Policy, Considers Relocating Overseas
Coinbase CEO Brian Armstrong has banned political discussions in the crypto work environment, a move that Ripple CEO Brad Garlinghouse disagrees with.