Cryptocurrency market news

in LeoFinance2 years ago


In contrast to market trends and analysts' expectations at the peak of market declines in the fourth quarter of last year, veteran billionaire George Soros had a different opinion.
Where his company (Soros Fund Management) strengthened its stake in Tesla shares and investment funds related to cryptocurrencies and obtained new positions in Carvana, GM, and some crypto companies, and in return it got rid of the shares of Zoom and Twitter.#cryptocurrency #crypto


The Central Bank of Rwanda has called on the country's regulated financial service providers to ban facilitating transactions related to various cryptocurrencies within the country.
Reports indicated that the bank took this decision in light of the unregulated situation of most digital currencies, especially as it leaves users without the guarantees associated with regulated financial services.#cryptocurrency #crypto


The UAE Central Bank decided to launch the FIT Financial Infrastructure Transformation Program, with the aim of enhancing the pace of digital transformation of the financial services sector within the country, in addition to promoting digital transactions and encouraging innovation in the world of digital currencies.
The UAE bank stated in an official statement that this program contains nine initiatives, including the launch of a digital currency for the central bank to bridge gaps and obstacles related to international payments, and in addition to that, it will help drive innovation for local payments.#cryptocurrency #crypto #UAE


Famous investor Robert Kiyosaki:
The markets are preparing for a strong correction, which in turn will lead to another massive printing of paper currencies by the US Federal Reserve during the coming period.
People should own bitcoin, gold and silver amid this potential turmoil in the markets, and this in turn will push the price of bitcoin to rise near the level of $ 500 thousand within three years from now, and an ounce of gold may rise to 5000 dollars, and silver metal may rise to 500 dollar.#cryptocurrency #crypto #bitcoin #gold #silver


El Salvador's International Monetary Fund has warned of the risks of exposure to bitcoin in the country and has called for more transparency about the use of digital currencies#cryptocurrency #crypto

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