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Mike Bucella CNBC's Mackenzie Sigalos - 1 Mike Bucella - 1
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☆ Bitcoin is boring and that is its beauty: Neoclassic's Mike Bucella
  + stars: | 2024-03-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin is boring and that is its beauty: Neoclassic's Mike BucellaCNBC's Mackenzie Sigalos and Mike Bucella, Neoclassic Capital managing partner, join 'Power Lunch' to discuss the surge in Bitcoin and the state of cryptocurrency.
Persons: Mike Bucella CNBC's Mackenzie Sigalos, Mike Bucella Organizations: Neoclassic Capital Locations: cryptocurrency
☆ What the failures of Signature, SVB and Silvergate mean for the crypto sector
  + stars: | 2023-03-12 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +4 min
In this article BTC.CM= Follow your favorite stocks CREATE FREE ACCOUNTA man entering Signature Bank in New York City on March 12, 2023. ReutersA lot of crypto's problems in the last year originated in the stablecoin sector, beginning with TerraUSD's collapse last May. Now that it is clear that SVB depositors will be made whole, Carter tells CNBC that he expects USDC to trade at par. The Silvergate Exchange Network (SEN) and Signature's Signet were real-time payment platforms that crypto customers considered core offerings. Meanwhile, Circle has already publicly said that it is shifting is assets to BNY Mellon now that Signature bank is closing.
☆ Dogecoin surges 35% as Elon Musk's Twitter deal approaches close
  + stars: | 2022-10-27 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +5 min
Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. Suzanne Cordeiro | AFP | Getty ImagesDogecoin , the cryptocurrency branded after a viral dog meme from 2013, is up 35% since Monday as Elon Musk's deal to buy Twitter approaches a close. Host Elon Musk during the monologue on Saturday, May 8, 2021. Will Heath | NBCUniversalThe Elon Musk effectIt isn't totally clear when or why dogecoin captured the heart of Elon Musk. Dogecoin isn't really a reliable store of wealth either, given that this typically requires a certain degree of long-term faith in the coin and the blockchain upon which it's been built.
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