Bitcoin traders brace for US macro data with BTC price stuck at $67K

On Nov. 16, Switzerland’s primary stock exchange, SIX Swiss Exchange, announced that it will list the world’s first multi-crypto-based exchange-traded product (ETP).Exchange-traded products (ETP) are derivatively priced securities that are traded on a national securities exchange. Their pricing derives its value from other investment instruments, most commonly found in the form of commodities, stocks and…

Mirror Protocol, a decentralized finance (DeFi) protocol built on the Terra blockchain, was hit by one of the biggest collapses in financial history this week after Vladimir Putin ordered military strikes against Ukraine. Terra tokens rallyMirror Protocol's native token, MIR, dropped to $0.993 on Feb. 24, its worst level to date amid a selloff across…

The sandbox could lead to more financial institutions adopting asset tokenization solutions.

The Group of Twenty accepted the regulatory roadmap proposed in a joint Synthesis Paper of the International Monetary Fund and the Financial Stability Board. 227 Total views 2 Total shares On Oct. 13, the Group of Twenty (G20) — an intergovernmental forum comprising 19 sovereign countries, the European Union and the African Union — unanimously

Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency. 3412 Total views 15 Total shares Federal Reserve chair Jerome Powell said 2021 will likely have the central bank engaging with the public and lawmakers regarding the digital dollar.In a House Financial Services Committee hearing…

1 AM Eastern time is the most popular time in the US to search the biggest word in crypto. 615 Total views 23 Total shares The hourly data from Google Trends shows that US-based searches for “Bitcoin” have consistently peaked around 1 AM Eastern time for the past week. This hourly data is only available…

The odds are on for a continuation to $40,000, Mike McGlone argues, but not everyone is so sure. 2895 Total views 7 Total shares Bitcoin (BTC) is “more likely” to hit $40,000 than $20,000, Bloomberg argues, as the largest cryptocurrency gains 6% in a day.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewMcGlone eyes “enduring bull market…

The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain.

Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees. 367 Total views 13 Total shares The National Payments Corporation Of India (NPCI) — an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies — is on the lookout