Cryptocurrency Analysis and News Portal
Three stories1. Elon Musk changed his Twitter bio to #bitcoin and the crypto jumped 20%, to highs last seen on Jan. 19. The two events are not definitely connected. However, just 15 minutes after Musk made the change, bitcoin climbed 15.7% to $37,050. It’s still ticking up.Of course, with any
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Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said. Source
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It’s an established truth the cryptocurrency sector is more fragmented than shattered glass. Industry devotees have long made the most of working piecemeal, accepting ever-increasing fragmentation as the price of a decentralized financial system. But what advancements might we achieve if we could stop paying it? At first glance, interoperability seems
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After a crazy year with predictably strong growth in decentralized finance (DeFi) and store-of-value (SoV) crypto assets generally, things are about to get weird. Diversification is the only way to stay sane. Crypto is set to bifurcate and we will begin to see two parallel economic superhighways being built and used.
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The fintech firm added eos, omg network, tezos and 0x for its European users. Source
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It’s been a busy couple of weeks for Switzerland’s digital asset exchange, SDX.In chronological order (and pardoning the unavoidable alphabet soup): Last week SDX’s parent company, SIX, announced test results around the “feasibility” of wholesale central bank digital currencies (CBDCs), involving the Swiss National Bank (SNB) and Bank of International
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At stakeDestabilizing Act?Crypto Twitter, like the U.S. Congress, is largely divided between warring factions and in-groups. But for once it looks unified. All it took was a proposed bill to further regulate stablecoin issuers, the so-called STABLE Act.The Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act would require stablecoin issuers
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Olaf Scholz said banks need to adapt for a digital world but seemed to rule out private digital currencies from that future. Source
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Crypto traders rely on several tools to help predict future Bitcoin price action and trend changes. Few tools
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In the world of financial regulation, it may seem like progress is slow and arduous. But then there are weeks in which a lot happens, and pieces fall into place with loud clangs and reverberations.This past week was one of those, and the pieces in question are being largely overlooked
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