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KyberSwap announces first ever $ARB token liquidity pools, liquidity mining and trading campaigns on Arbitrum

Ho Chi Minh City, Vietnam, 22nd March, 2023, Chainwire Since launching in…

By Press Department

Cointr Pro Exchange Review: Cointr Pro Is Legit & Secure Exchange

Cointr Pro Exchange Review: Cointr Pro Is Legit & Secure Exchange

About Cointr Pro Exchange Cointr Pro Exchange is an integrated international Cryptocurrency…

By Magnesia

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

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

What Is Superalgos? Superalgos is an open-source platform for designing and executing…

By Magnesia

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/

Credit Suisse CEO Tijan Thiam: Bitcoin is a bubble

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

By Guptix John

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

Best AI Video Editing App For Android Device 2023 ( Free + Paid )

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

By Guptix John

VinDAX Exchange Review: VinDAX Is Legit & Secure Exchange

VinDAX Exchange Review: VinDAX Is Legit & Secure Exchange

About VinDAX Exchange Since Mar 2019, VinDAX Exchange has been live for…

By Magnesia

HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry

Central, Singapore, 20th March, 2023, ChainwireHeartX, previously known as ArteX, a trailblazer…

By Press Department

Xcalibra Exchange Review: Xcalibra Is Legit & Secure Exchange

Xcalibra Exchange Review: Xcalibra Is Legit & Secure Exchange

About Xcalibra Exchange Xcalibra is a cryptocurrency exchange that launched in August…

By Magnesia

Exnomy Exchange Review: Exnomy Is Legit & Secure Exchange

Exnomy Exchange Review: Exnomy Is Legit & Secure Exchange

About Exnomy Exchange Exnomy is one of the most technically advanced the…

By Magnesia

BTCC Exchange Review: BTCC Is Legit & Secure Exchange

BTCC Exchange Review: BTCC Is Legit & Secure Exchange

About BTCC Exchange BTCC is one of the oldest cryptocurrency exchanges worldwide. It…

By Magnesia

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