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0 CommentsMichael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event. The Federal Reserve Bank vice chairman spoke at the Philadelphia Fed’s fintech event on Sept. 8 about what the central bank’s role is in financial innovation. Research and supervision was the short answer, with…
Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000. Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take. However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s current price presents a low-risk…
Bumper removes downside volatility for protected assets, making it a reliable alternative to crypto options trading. Price volatility is one of the biggest deterrents of the crypto market, dissuading newcomers from trading or investing in cryptocurrencies like Bitcoin or Ether. Extreme market conditions can trigger billions of dollars in liquidations, making it less than ideal for…
Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto market. It’s been a whipsaw 2023 for investor sentiment, and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several economic challenges. ARK manages…
It’s a big day for asset tokenization, as many of the biggest names in the field announced the formation of an association to further its development. Seven leaders in decentralized finance (DeFi) have banded together to form the Tokenized Asset Coalition (TAC). The new advocacy group will work toward the adoption of public blockchains, asset…
Despite the so-called FUD, Changpeng Zhao said in reality, the crypto industry has scored a number of massive wins in recent weeks. Binance co-founder and CEO Changpeng “CZ” Zhao has hosed down recent rumors against his firm, assuring its balance sheet and employee retention remain robust despite the recent market uncertainty. In a Sept. 7…
