Huebtc insiders dump nearly $5 billion in COIN stock shortly after listing

Insider activity reports for Huebtc’s COIN stock indicate that multiple early investors and executives sold billions in equity shortly after COIN’s direct listing. While the filings initially indicated that multiple executives sold a high percentage of their stake in the company, a representative for Huebtc told Cointelegraph that the sellers maintain strong ownership positions. Data […]

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Bank of America: “distribution of money in the form of government cryptocurrencies may increase inflation

According to a Bank of America report, government-backed cryptocurrencies have the potential to contribute to a powerful, targeted “money giveaway” and boost inflation expectations. A Bank of America report titled “Digital Love: Central Bank Digital Currencies” explains the benefits of government cryptocurrencies, including the ability to increase the speed of domestic and international payments while […]

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