Profit Booking in Bitcoin, Ether After Biden Issues Crypto Order
Bitcoin gained and lost $200 in the minutes after a much-awaited order was issued in the U.S. Original Source
Read MoreBitcoin gained and lost $200 in the minutes after a much-awaited order was issued in the U.S. Original Source
Read MoreBitcoin (BTC) rallied early on Wednesday, pushing the broader crypto market higher after U.S. Treasury Secretary Janet Yellen's leaked remarks revealed that President Joe Biden's impending crypto order would take a constructive approach in regulating the digital assets industry. Source
Read More"Under the executive order, Treasury will partner with interagency colleagues to produce a report on the future of money and payment systems," Yellen said. "... because the questions raised by digital assets often have important cross-border dimensions, we’ll work with our international partners to promote robust standards and a level
Read MoreSingapore's high standards may be discouraging some crypto companies from establishing operations in the nation state; investors were wrestling with the latest developments in Ukraine and await the order by President Joe Biden on Wednesday. Original Source
Read MoreBitcoin (BTC) and other cryptocurrencies traded lower on Monday alongside stocks. Analysts expect bitcoin's trading range between $28K and $69K could result in sharp price swings, eventually giving way to a recovery within two or three months. Source
Read MoreNegotiated between 44 countries as World War II was winding down, the Bretton Woods agreement (named for the conference location in Bretton Woods, New Hampshire) pegged gold as the basis for the U.S. dollar, with other currencies then pegged to the greenback. This structure began to fray in the 1960s
Read MoreDigital assets like bitcoin (BTC) do introduce risks for immediate U.S. national security objectives that require federal agency action and coordination, but there are deeper, more significant national security opportunities that should drive the U.S. to support the continued growth of the digital asset ecosystem. We managed to strike this
Read MoreThe White House has been working on coordinating the efforts of different federal agencies since last year. Original Source
Read MoreCrypto-focused technology firm Elwood, owned by billionaire fund manager Alan Howard, is to integrate its trading platform with Bloomberg's Asset and Investment Manager (AIM) system. Source
Read MoreThe decentralized finance (DeFi) industry continues to reach unprecedented highs, with daily volume of transactions increasing on a regular basis. Unfortunately, in spite of the billions of funds currently being crossed back and forth, decentralized exchanges (DEXs) are filled with apparent and invisible costs that are a hindrance to market
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