Bitcoin Bull Anthony Pompliano Says Confidence Game Now Over for Crypto Industry
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Longtime Bitcoin (BTC) supporter and entrepreneur Anthony Pompliano says that people in the crypto space are underestimating just how much damage has been done to the industry following the collapse of FTX and its associated entities. Pompliano tells his 1.6 million Twitter followers that following the FTX debacle, the crypto industry as a whole is now tainted in the eyes of institutional investors. “Based on my conversations over the last 24 hours, people are drastically underestimating how much damage has been done this week to institutional interest in both Bitcoin and the broader crypto ecosystem. Bitcoin will not only survive,
Bitcoin Magazine Morgan Stanley Plans To Offer Bitcoin And Crypto Trading To E-Trade Clients Bloomberg reports that the Wall Street giant is in the early stages of planning to add spot Bitcoin and crypto trading capabilities to its ETrade brokerage platform. The project aims to allow ETrade’s retail clients to…
Bitcoin Magazine Russia Is Using Bitcoin and Crypto For Its Oil Trades with China and India Amid ongoing sanctions over the war in Ukraine, Russia has turned to bitcoin and other cryptocurrencies to facilitate some of its oil trade with major buyers China and India. According to a Reuters report,…