Flat day in the markets brightened by Elon and CZ’s crypto handbags at dawn November 24, 2021 After inching closer to the $58,000 mark late Tuesday, Bitcoin’s value has slid down again to just below $57,000 and is roughly breaking even over the last 24 hours.
IMF fires warning shot across Bitcoin’s bow November 24, 2021 The International Monetary Fund (IMF) has warned against the flagship cryptocurrency being used as legal tender.
Crypto is a revolution built on economic and social incentives November 23, 2021 Crypto is built on economic and social incentives that make good actors of the mass majority of participants because it is transparent, says Dr Kacher.
Banks could lose out on a fifth of deposits under Britcoin proposals – BoE November 23, 2021 The Bank of England has today admitted that commercial banks will be hit hard by plans for a digital pound backed by central bank reserves.
Bank of England governor Bailey rebuffs crypto ‘stablecoins’ as form of safe money November 23, 2021 The governor of the Bank of England has slapped down claims that volatile crypto “stablecoins” could develop into a form of safe money. Speaking today in response to a grilling by members of the House of Lords, Andrew Bailey swatted away insistence from the crypto community that stablecoins are a better alternative to central bank [...]
Elon Musk and Binance’s CZ get into Twitter argument November 23, 2021 A Twitter spat between two of the most prominent people in crypto has turned into a war of words.
Citi to hire 100 new staff in digital asset push November 23, 2021 International investment bank Citi plans to hire 100 new staff to bring digital asset expertise to the institutional side of the business.
Blockchain and DeFi: Drivers of change in asset management November 23, 2021 “The future of assets is tokenized.” That’s what Mona El Isa, the founder and CEO of Avantgarde Finance, told the audience at the Alpha Summit by CFA Institute in May this year. “If you make that assumption, you can totally re-imagine the infrastructure that finance is built on,” she continued. “You can see a totally automated operational and [...]
Bitcoin echoes gold as US economy strengthens November 23, 2021 The Bitcoin price again dipped below $56,000 yesterday, as its pullback from recent all-time highs continues.
Greater steps are needed to ensure crypto newcomers are aware of investment risks November 23, 2021 Newcomers to crypto are easy prey for resources who don’t prioritise their safety, says Michael Chauliac, president of StableHouse.