Oxford Law Says World Needs Crypto Regulation to Prevent Financial Meltdown
Oxford law researchers say crypto regulation is needed for preventing traditional financial markets from systemic risk Go to Source Powered by WPeMatico
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XRP Army Shrinks as Liquidations Passed $263M in 2019
Analytics firm The Tie issued a quarterly report stating members of the XRP Army had declined 82% since January 2018 Go to Source Powered by WPeMatico
Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis
Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors. The company now has $2.2 billion in assets under management. Also read: Bitcoin Revolution: Wanna … Read more
Bitcoin is Risky, but Uncorrelated With Stocks: Scott Melker
“The Wolf Of All Streets” took to Twitter on April 16 to explain that while investing in BTC is risky, it is not correlated with stocks Go to Source Powered by WPeMatico
Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable challenges “amid economic uncertainty.” Further, the NHB Wells Fargo … Read more
Alibaba Subsidiary Ant Financial Launches New Consortium Blockchain Platform for SMEs
Ant Financial’s new consortium blockchain platform may push blockchain technology to the masses Go to Source Powered by WPeMatico
$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly funding from the federal government. Also read: Minting Basic Income – US … Read more
Can DeFi be a Game Changer During the Coronavirus Crisis?
There are many different things worth exploring during this coronavirus crisis. It would appear that DeFi is an interesting aspect in this regard, both for regular consumers as well as businesses. The decentralized finance industry, or DeFi, has attracted a lot of attention. DeFi Offers Alternative Solutions It is primarily of interest to existing cryptocurrency … Read more
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion Go to Source Powered by WPeMatico
Ross Ulbricht’s 9th Price Analysis Predicts Bitcoin Prices Below $3,000
The founder of the Silk Road marketplace, Ross Ulbricht, has published another analysis that attempts to predict the price of bitcoin. Ulbricht started sharing his price examinations last December and he leveraged the patterns of Elliott Wave theory to bolster his forecast. Also read: Bitcoin Revolution: Wanna Earn $1,000 a Day? Government Warns About This … Read more