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Fiat – Not Crypto – Still The Top Choice For Financial Crimes, US Treasury Says

Fiat, a government-issued currency, is still the best choice of financial criminals. Concerns have always centered on the possibility of crypto assets being used for nefarious reasons, however the US Treasury department just released something that dispels these anxieties. Despite widespread fears that cryptocurrency could be used for criminal purposes, a newly published report by […]

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Institutional investment will boost Bitcoin to $75,000, says SEBA CEO

“We believe the price is going up. Our internal valuation models put the price per BTC right now of between 50,000 to 75,000,” says Guido Buehler, CEO of Seba Bank. Cointelegraph.com News

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US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon

“The report really is ready to go and I would expect we will drop it — I hate to say it again — in coming weeks,” said Jerome Powell. Cointelegraph.com News

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Raoul Pal says ‘reasonable chance’ crypto market cap could 100X by 2030

“I think there’s a reasonable chance of this being a $ 250 trillion asset class, which is 100x from here,” said Raoul Pal. Cointelegraph.com News

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XRP is for payments, Bitcoin for ‘speculation,’ says former US Treasurer

After joining Ripple’s board of directors in May, Rosa Rios is bashing Bitcoin for being a supposed speculative tool. Cointelegraph.com News

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Bitcoin price will see breakout ‘during this week’ says trader with $38K target

Michaël van de Poppe believes that upside is in store for BTC/USD in the coming days despite nervousness about Grayscale. Cointelegraph.com News

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ASIC calls for closer engagement, but crypto industry says rules are unclear

Australia’s securities regulator wants crypto firms to work closely with it, but industry executives are unsure of their obligations. Cointelegraph.com News

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When ‘alt season?’ Now, says analyst as Bitcoin dominance hits 6-month low

Altcoins are stepping into the spotlight as Bitcoin comes down from months of all-time highs, but can conditions stay favorable for long? Cointelegraph.com News

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Former OCC official says crypto has backing but dollar ‘may not’

Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.” Cointelegraph.com News

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Former Bitcoin opponent says crypto is an effective hedge against currency debasement

George Ball, who serves as Chairman of Sanders Morris Harris, believes cryptocurrencies like Bitcoin are an “attractive” part of a well-balanced portfolio. Cointelegraph.com News

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