Peter Thiel Calls Bitcoin ‘a Chinese Financial Weapon’ at Virtual Roundtable
Max Chafkin, 07 April 2021
Peter Thiel is “pro-crypto” and “pro-Bitcoin maximalist,” but he also thinks the cryptocurrency may be undermining America.
Thiel, the venture capitalist and conservative political donor, urged the U.S. government to consider tighter regulations on cryptocurrencies in an appearance on Tuesday. The statements seemed to represent a change of heart for Thiel, who is a major investor in virtual currency ventures as well as in cryptocurriences themselves. Continue reading “Article: Peter Thiel Calls Bitcoin ‘a Chinese Financial Weapon’ at Virtual Roundtable”
Over the past few days, Bitcoin Cash has been recording significant price surges, appreciating by over 30 percent in value. Despite the impressive bull run, Bitcoin Cash recently experienced a price correction towards the $600 region. At present, multiple technical indicators are showing BCH could experience further price declines. 
XRP, the currency that runs on the digital payment platform RippleNet, hit $1 on Tuesday morning EDT, becoming the fourth highest-valued cryptocurrency with a $45.5 billion market cap despite being sued by the U.S. agency that works against market manipulation.
South Korea’s government has pledged to focus on illegal activities in crypto markets. 
A former Florida tax collector and close associate of Rep. Matt Gaetz (R-Fla.) is facing a 45-page federal indictment alleging wire fraud, sex trafficking, and a litany of other offenses connected to the alleged abuse of his office and other crimes. That former tax collector, Joel Greenberg, is suspected of being a possible cooperating witness against Gaetz, Politico and others have recently reported, as Gaetz faces a reported inquiry into his own sexual behavior. 
Investors engaged in naked short selling will be fined up to 100 percent of their order amount, the nation’s top financial regulator said Tuesday. 
XRP bulls are back!
The hits keep coming for investment banking giant Credit Suisse. 
This week millions of Robinhood users may have noticed that the celebratory confetti graphics that used to rain down after each trade have been replaced with images of floating geometric shapes, according to an announcement from the company last Wednesday. Robinhood also changed the images it displays when a customer signs up for premium service Robinhood Gold or deposits money on the app.