Senate committee votes unanimously in favor of Yellen as Treasury Secretary
The Senate Committee on Finance backed Yellen’s nomination in a show of bipartisan support. Go to Source Powered by WPeMatico
Month: January 2021
Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM
Bitcoin price has rebounded above a key trendline but resistance at higher levels may limit the recovery in altcoins. Go to Source Powered by WPeMatico
Bitcoin Seen as the Largest Bubble but ‘Tesla More Vulnerable’ — Deutsche Bank Survey
Deutsche Bank has conducted a survey about financial bubbles. Eighty-nine percent of respondents see some bubbles in financial markets, with bitcoin near the “extreme bubble” territory. However, more respondents expect the cryptocurrency to double than they do Tesla’s stock. Deutsche Bank’s Bubble Survey A survey published Tuesday by Deutsche Bank asked 627 market professionals to … Read more
Harvard crypto skeptic calls Bitcoin a ‘hedge against dystopia’
Harvard professor Kenneth Rogoff says that he doesn’t see Bitcoin succeeding, barring extenuating circumstances. Go to Source Powered by WPeMatico
Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Retail users may have to wait in much of the world, however. Go to Source Powered by WPeMatico
NFT boom and platform upgrades back Decentraland’s (MANA) 100% rally
Decentraland’s new features, increased digital land sales and a booming NFT market are the driving factors behind MANA’s 100% rally. Go to Source Powered by WPeMatico
Bitcoin as a last resort? Murmurs of crypto as reserve currency abound
“What happens when the world and the U.S. dollar is in a continual state of quantitative easing?” Can BTC find a new and unexpected role for itself? Go to Source Powered by WPeMatico
Buying the Dip: Multibillion-Dollar Microstrategy Invests $10 Million More in Bitcoin
Nasdaq-listed multibillion-dollar company Microstrategy has purchased more bitcoins. With the latest buy of the cryptocurrency worth $10 million, the company now holds 70,784 bitcoins in its treasury. Microstrategy’s Bitcoin Holdings Rise to 70,784 The Nasdaq-listed Microstrategy (NASDAQ: MSTR), with over $5 billion in market cap, has bought 314 more bitcoins. CEO Michael Saylor announced Friday: … Read more
Some Russian officials are being forced to sell their crypto by April 2021
Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law. Go to Source Powered by WPeMatico
Singapore Exchange to streamline trading processes with blockchain tech
Following a successful trial of DLT-based bond issues, SGX forms a dedicated company with investment firm Temasek, to extend and expand use of the tech. Go to Source Powered by WPeMatico
