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Sanders Morris Harris

Ex-Prudential Securities CEO Calls Bitcoin a ‘Safe Haven’

George Ball, who claimed himself as a Bitcoin and blockchain opponent, said bitcoin or another cryptocurrency is “very attractive” both in the long term and short term.

By Muyao ShenAug 17, 2020

An advertisement for Prudential in 1909 (Wiki commons).

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Today

2:30 AM

BTC0.00%

Bitcoin analysts predict $300,000–$500,000 price in 2029. The math says no

Analysts predict a rally to $300,000 or more by 2029. But key data suggests the era of moonshots may be over.

Yesterday

9:26 PM

Positive

Meta's Chief Data Officer Says Agentic Commerce is the "Next Tier of Business"

Alex Schultz says stablecoins are assumed inside Meta. The harder problem is getting the rest of the world there.

4:02 PM

Negative

U.S. government digital dollar set to be banned tonight under housing law's CBDC limit

Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along with it.

3:26 PM

Positive

Hyundai becomes first major South Korean company to introduce internal stablecoin transfers

The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently.

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