Travis Kling: In the Fed Era, There’s No Such Thing as Market Fundamentals

Oct 21, 2020 at 21:04 UTCUpdated Oct 21, 2020 at 21:06 UTCWhite House Economic Adviser Larry Kudlow (Alex Wong/Getty Images)U.S. administration officials and House Speaker Nancy Pelosi broached the possibility of passing the pandemic-relief package after the Nov. 3 election, indicating that a deal might not be able to be reached before then, the Wall…

French luxury fashion house Louis Vuitton is gearing up to release a new physical-linked non-fungible token (NFT) collection called Via Treasure Trunks, paving the way for exclusive members-only products and experiences.The new collection of “a few hundred” digital trunks will open for registration on June 8 to consumers based in the U.S., Canada, France, the…

news The Chicago Mercantile Exchange (CME Group) wants to let bitcoin futures traders hold a greater number of open positions at one time. CME announced its intention to increase in the so-called spot month position limit for its bitcoin futures contracts in a letter to the U.S. Commodity Futures Trading Commission (CFTC) Thursday. The limit…

Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism, according to l2beat.The 15.88 TPS figure marks a 156% rise over the past weeks as investors flock to Base to gain access…

news Binance’s iOS app returned to the Apple app store today. The largest cryptocurrency exchange by volume, Binance’s iOS app has returned after a month’s hiatus. A company posting announced the return today following an announcement on Twitter Friday by Binance CEO Changpeng ‘CZ’ Zhao. According to Zhao, listing the exchange’s app was a difficult…

Dec 24, 2020 at 2:17 p.m. UTCUpdated Dec 24, 2020 at 2:19 p.m. UTCHong Kong ATMs Must Be Excluded From Coming AML Regulations, Group SaysNew anti-money-laundering (AML) regulations need to exclude Hong Kong’s bitcoin automated teller machines (ATMs) in order to sustain innovation, according to the Bitcoin Association of Hong Kong, reports the South China…

Nov 4, 2020 at 19:43 UTCUpdated Nov 4, 2020 at 19:46 UTC(Arturo Castaneyra/Unsplash)The traditional 60/40 portfolio (balancing equities and fixed-income assets) hasn’t been battle-tested for these unprecedented times. Central bank balance sheets are soaring, and interest rates are at record lows. This means investors are reaching far and wide for yield – oftentimes without a…

As decentralized finance, or DeFi, continues to evolve and mature, the concept of total value locked – a measure of how much money users have stashed in a given protocol – has also gained significant attention. Originally focused on digital assets such as cryptocurrencies, TVL has expanded to include tokenized real-world assets (RWA), providing a

markets The cryptocurrency markets remain unfazed after an ETF withdrawal announcement on Wednesday did little to affect bitcoin’s price. The Cboe BZX exchange has withdrawn a proposed rule change that would have otherwise paved the way for an ever-elusive bitcoin exchange-traded fund (ETF) backed by VanEck and SolidX. The announcement, however, did little to spur…