US senators strike deal to push ban on lawmaker stock trading
A bipartisan group of 20 US senators has reached a new agreement on legislation that would ban all members of Congress from trading stocks.
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Price analysis 3/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
On March 7, United States Federal Reserve Chairman Jerome Powell warned that interest rates may remain higher for longer than previously anticipated. This boosted expectations of a 50 basis points rate hike in the Fed’s March meeting to about 70% from 30% a week earlier, FedWatch Tool data suggests.The U.S. dollar shot up and the…
Central Bank Officials: DLT Can Improve the Global Financial System
On March 7, three monetary and cryptocurrency experts discussed the challenges and prospects of central bank-issued digital currencies at the Massachusetts Institute of Technology (MIT) Bitcoin Expo 2020.The panelists acknowledged that distributed ledger technologies (DLT) could improve the existing global monetary system, however, argued that significant challenges persist regarding the privacy, interoperability, and scalability of…
Former Ripple Business VP Takes Role at Major Bank Standard Chartered
Kahina Van Dyke, former senior vice president of business and development at blockchain firm Ripple, took on the role of Global Head, Digital Channels and Client Data Analytics at major bank Standard Chartered.According to an official announcement published by Standard Chartered on Feb. 19, Van Dyke joined the bank’s Corporate, Commercial and Institutional Banking (CCIB)…
Seeing red? FUD that! Here’s what you should have bought instead of Bitcoin last week
We’ve argued many times in the past that the correlation between Bitcoin’s price and the market capitalization of hundreds of altcoins makes very little sense.Whether you buy into the idea that Bitcoin is digital gold, or a payment mechanism, or both, it doesn’t have a whole lot in common with Ethereum, Shiba Inu, or FTX’s…
Crypto Derivatives Exchange Adds ‘BERNIE’ Futures Following ‘TRUMP’
After launching TRUMP futures trading last week, FTX plans to release five additional 2020 presidential election-based futures products.“What we’re about to come out with is just similar contracts for the top five Democratic candidates,” an FTX representative told Cointelegraph in an interview. 2020 Reelection futures expand offeringFTX plans to launch a Bernie Sanders (BERNIE) futures trading…
Bitcoin Pushes $4,100 as Oil Futures See Losses
Thursday, March 28 — most of the top 20 cryptocurrencies are reporting slight to moderate gains on the day by press time, as Bitcoin (BTC) stays over $4,000.Market Visualization Courtesy of Coin360Bitcoin is up nearly half a percent on the day, trading at around $4,087, according to CoinMarketCap. Looking at its weekly chart, the current…
Banks suffer as Elon Musk’s Twitter buyout hits major hurdles
The “hung” loans have led to bankers calling it the worst buyout since 2008.
JPMorgan estimates ‘fair value’ of Bitcoin at $38K
JPMorgan’s long-term theoretical target for Bitcoin stands at $150,000, up from $146,000 forecasted in January 2021. 838 Total views 57 Total shares Amid Bitcoin (BTC) posting a significant price recovery since early February, JPMorgan analysts suggested that the “fair value” of BTC is actually lower than its market price on Tuesday.The current fair-value level for…