The Federal Reserve might need to print money to help finance Biden’s coronavirus relief proposal, to keep Treasury-bond interest rates from climbing.
First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin In the Crosshairs
Bitcoin’s powerful move over the past couple months to a market value of more than $700 billion is suddenly commanding more attention from global financial regulators.
Bitcoin in Race for Adoption Before Central Banks Launch Digital Currencies: Australia’s Macquarie
With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce.
First Mover: Market Signs Look Healthy as Bitcoin Sell-Off Subsides
Record trading volumes have accompanied bitcoin’s rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets.
Eye-Popping Projection for $3T Crypto Market Underpins Bakkt Deal
Bakkt says cryptocurrencies could be a $3 trillion market by 2025, a five-fold increase.
First Mover: It Might Be Getting ‘Silly’ as Bitcoin Passes $39K, $40K, $41K
It’s taken just eight days in 2021 for bitcoin prices to surge more than 40%, and some analysts are starting to handicap the chances for a correction.
Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K
Crypto pros and newbies alike are asking why bitcoin prices keep hitting new all-time highs, and if prices are due to crash. Here’s what the experts say.
First Mover: $1 Trillion of Cryptocurrencies Shows Booming ‘Asset Class’
It took just a few months for cryptocurrencies to double to $1 trillion. That compares with eight years for U.S. junk loans.
Revolut App Adds 4 Cryptos to Buying, Selling Service
British fintech firm Revolut has expanded its cryptocurrency offerings by adding four new tokens – EOS, OMG Network, Texos and 0x – for European users due to popular demand. See also: UK Fintech Firm Revolut Brings Bitcoin, Ether Trading to US Customers
Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant
Winning Poker Network said it’s having to buy more bitcoin than ever to satisfy payout demand from players.
Voyager CEO Says Revenue Growth Accelerates 8-Fold as DeFi Trading Surges
CEO Steve Ehrlich says this quarter’s revenue is on track to double what the company produced in all of its last fiscal year.
Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature
The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets.
Cryptos on Coinbase’s New Exploratory List See Prices Jump 17% on Average
Most of the cryptocurrencies on Coinbase’s new exploratory list saw their prices jump between 8 and 25% within a few hours.
Goldman Sachs: Cryptocurrencies ‘Are Not an Asset Class’
Goldman Sachs held an investor call Wednesday to discuss current policies for bitcoin, gold and inflation. The stalwart investment bank is still no fan of bitcoin or other cryptocurrencies.
Deutsche Bank Says Digital Currencies Could Be Mainstream in 2 Years
A digital currency could see widespread adoption within the next few years, a new report by Deutsche Bank suggests.
Thrill-Seeking Drives Investors to Trade Crypto, Study Finds
Investors who trade crypto tend to take bigger risks in the stock market, suggesting they seek dopamine more than diversification, a study found.
Rising Institutional Investment Setting Pace For Future Crypto Growth
Financial institutions have begun to enter crypto with a quickening pace, setting the tone for the remainder of 2019 and 2020.
Zilliqa Passes ‘Milestone’ With Addition of Smart Contracts to Its Blockchain
“Next-generation” cryptocurrency Zilliqa has announced the launch of smart contracts on its platform.
Ron Paul: Anti-Crypto Congressman Is ‘Just Another Thug in Washington’
Former GOP lawamaker and presidential candidate Ron Paul had some harsh words for Congressman Brad Sherman, who last week called for a ban on crypto purchases in the US.
A Historically Strong Month for Crypto, November Is Off to a Brutal Start
The cryptocurrency market rout accelerated today as bitcoin (BTC) fell below $5,000 for the first time in 13-months.