Guptix John

Follow:

96 Articles

Guide

Metaverse Business Development: Raising The Bar Of Virtual Business

In today’s world, the metaverse Business has now become a household name.…

Guptix John

25/05/2023

NFT

Ev.io Nft Borrow Guide : Read Our Article 2023 Updated

In this article we guide you how to Ev.io Nft Borrow and…

Guptix John

30/12/2024

The CEO of one of the largest Swiss banks Credit Suisse called the world's first cryptocurrency a speculative asset. Interest in Bitcoin will fade away, the banker said, adding, however, that cryptocurrencies are a challenge anyway. The announcement came shortly after the announcement of Credit Suisse's forced merger with Swiss rival UBS, which market analysts called the largest bank liquidation in the country's history. UBS bought the rival for 3 billion Swiss francs ($3.2 billion). The valuation was less than half of Credit Suisse's market value. On Monday, March 20, the shares of the troubled bank fell by almost 60%. “From what we can determine today, the only reason to buy or sell bitcoin is to make money. That is nothing but speculation and a bubble,” said Tidjane Thiam. The fact that attackers use bitcoin in fraudulent schemes contradicts the definition of cryptocurrency, the banker is sure. The head of Credit Suisse argues that banks have "little or no desire to intervene in a currency that has such money laundering problems." Billionaire investor Warren Buffett said last week that “Bitcoin is in a bubble.” He echoed Bridgewater Associates founder Ray Dalio, who expressed the same sentiment in September. The fallout from the collapse of the crypto-focused Silvergate Bank and two other US banks was not limited to America's financial system but spread to European markets, including sending Credit Suisse shares to record lows and forcing them to borrow nearly $53 billion from the Swiss National Bank to maintain liquidity. Credit Suisse invested in crypto projects. Switzerland's second largest bank partners with Taurus, Fnality, AlgoTrader and FundsDLT. In 2021, Credit Suisse tokenized on Ethereum the shares of Alaïa SA, which owns a chalet and hotel in the Swiss ski resort of Crans-Montana. Since February 2021, Swiss law requires that tokenized securities receive the same legal status as traditional securities. Подробнее на Bits.media: https://bits.media/glava-credit-suisse-tidzhan-tiam-bitkoin-eto-puzyr/

Bitcoin News

Credit Suisse CEO Tijan Thiam: Bitcoin is a bubble

The CEO of one of the largest Swiss banks Credit Suisse called…

Guptix John

20/03/2023

Best AI Video Editing App For Android Device ( Free + Paid )

Format

Best AI Video Editing App For Android Device 2026 ( Free + Paid )

Hello guys , altwow come with another article about best ai video…

Guptix John

12/10/2026

Press Release

PEGA Pool Announces the Official Launch of Its Eco-friendly Bitcoin Mining Pool

UK-based PEGA Pool announces the official launch of its eco-friendly Bitcoin mining pool that…

Guptix John

15/02/2023

Press Release

Earning Cryptocurrency through Sports Betting: The Excitement of the Australian Open

The exciting world of cryptocurrencies offers more than just mining opportunities. With…

Guptix John

02/02/2023

BOTS Format

Gunbot Review 2023 : Pro Or Cons How To Use Gunbot Crypto Bot

What Is Gunbot? Gunbot is an automated crypto trading bot that uses…

Guptix John

20/01/2025

Format

How to Use Binance App( iOS and Android) 2023 Updated Pro Or Cons

Want to use the Binance app on your Android or iOS device?…

Guptix John

24/04/2024

Crypto Tools Format

TradingView Chart Tool Review : Pro Or Cons 2023 Updated

What is TradingView Chart Tool ? TradingView Chart Tool is an online charting…

Guptix John

14/01/2023

Press Release

WallStreetNinja launches Alpha release ahead of ILO

New York, USA, 3rd December, 2021, Chainwire There has never been a…

Guptix John

12/02/2023