Crypto Research
1,625 Results
THE HEADLINES [Members Area Crypto] CHINA USING CBDC TO HELP LIMIT CAPITAL FLIGHT www. asia. nikkei. com The People’s Bank of China says the use of a central bank digital currency will help monitor and control the flow of capital outflows by individuals trying to smuggle yuan out of the mainland to acquire Hong Kong or US dollars. [Members Area Crypto] BUY BITCOIN AT AUSTRALIAN POST OFFICES www. australianfintech. com....
THE HEADLINES [Members Area Crypto] CHINA BLAZING THE TRAIL WITH DCEP www. scmp. com Benoit Coeure, head of the Bank of International Settlement’s Innovation Hub, says the international community can learn from Chinese efforts in launching its digital currency electronic payments (DCEP) system and “blazing the trail.” [Members Area Crypto] MONACO BUILDING DEFI FOCUSED FRAMEWORK www. tokeny. com The government of Monaco has passed a bill allowing the issuance of...
THE HEADLINES [Members Area Crypto] VENEZUELAN GOVERNMENT ALLOWING PAYMENT WITH BITCOIN www. crypto-markets. news The Government of Venezuela previously announced it would accept the oil-backed petro coin as a method of payment at the passport office, but it now appears to have also allowed Venezuelan’s to pay with bitcoin. [Members Area Crypto] BIS SEES BENEFIT IN CBDC www. beta. documentcloud. org The Bank for International Settlements believes central bank digital...
CRYPTO SELL OFF WITH MOST RISK ASSETS - Cryptocurrencies broadly sold off today along with most risk assets raising the question of whether a bigger correction is developing. _WHILE A DEEPER CORRECTION IS ALWAYS POSSIBLE IT IS PREMATURE TO TECHNICALLY CONCLUDE BTC’S MAY-JUNE TRADING RANGE IS MORPHING INTO A DOWNTREND._ KEY TECHNICAL LEVELS FOR BTC – The long-term trend for BTC remains positive with a move above 10-10.5K resistance needed...
THE HEADLINES [Members Area Crypto] SWEDEN SUPPORTS PUBLIC-PRIVATE PARTNERSHIP WITH E-KRONA www. riksbank. se Sweden’s Central Bank has issued a second report on the development on its sovereign digital currency the e-krona and believes a partnership between the Riksbank and supervised private payments service provides could foster competition and innovation while ensuring the fundamental security and efficiency of the monetary system granting all Swedish citizens access to an efficient, convenient,...
MARKET ANALYSIS Closing at $9,304 on Tuesday evening, Bitcoin remains firmly within its $9,000 - $10,000 trading range that has persisted since the May halving. Heading into the back half of the week, all eyes are on the options market as an estimated $930M worth of bitcoin options, accounting for about 70% of total open interest are set to expire on June 26th. Bitcoin remains firmly ahead of gold as...
THE HEADLINES [Members Area Crypto] FEAR OF BASKET-BACKED STABLECOINS IS OVERSTATED www. federalreserve. gov The Federal Reserve has authored a new report on basket-backed stablecoins suggesting that while the global reach of such an offering could “contribute to substantial increases in welfare,” the fear that global stablecoins could replace domestic sovereign currencies is “overstated.” [Members Area Crypto] DCEP'S BACKEND ARCHITECTURE IS COMPLETE www. cointelegraph. com According to Wang Zhongmin, the...
THE HEADLINES [Members Area Crypto] CLAYTON LEAVING SEC www. justice. gov Attorney General William Barr has nominated SEC Chairman Jay Clayton to service as the new US Attorney for the Southern District of New York. No word on a replacement, but given Clayton’s conservative approach to crypto during his 3 year term at the SEC, the crypto community has cause to be concerned. [Members Area Crypto] SINGAPORE EXPLORING DCEP WITH...
THE HEADLINES [Members Area Crypto] THE BANK OF THAILAND ANNOUNCES CBDC EFFORT www. bot. or. th The Bank of Thailand announced plans to conduct a feasibility study and develop an integration plan in an effort to prototype a payment system using a central bank digital currency (CBDC). [Members Area Crypto] GLOBAL REGULATORS MAY ADD CAPITAL REQUIREMENTS FOR BANKS HOLDING CRYPTO www. reuters. com The Basel Committee on Banking Supervision is...
THE HEADLINES [Members Area Crypto] POWELL SEES IMPORTANCE OF DIGITAL DOLLAR www. ibtimes. com Fed Chair Jerome Powell admitted that the US must make progress on the topic of central bank digital currencies (CBDC) or risk losing the dollar’s place as the world’s reserve currencies, but he stressed the that issuance of money is the role of the Central Bank and suggested the public would likely not “welcome the idea...
A PULLBACK FOR BTC ALONG WITH MOST RISK ASSETS BUT A FEW KEY ALTS SHOWING EARLY SIGNS OF BOTTOMING AT SUPPORT - Cryptocurrencies, faded over the past week, with BTC dropping from just under 10K resistance last Tuesday in conjunction with most other risk assets, with short-term lows developing this past Monday. Overall BTC remains in a broad trading range above key support between 8.6-9.1K BUT it is the technical...
THE HEADLINES [Members Area Crypto] KAZAKHSTAN WANTS TO ATTRACT CRYPTO INVESTMENTS www. astanatimes. com The government of Kazakhstan is looking to revise its current laws in an effort to attract over $700 million from investments in crypto mining and other digital currency business over the next three year. [Members Area Crypto] THAILAND ISSUING SAVINGS BONDS ON BLOCKCHAIN www. nationthailand. com The government of Thailand announced plans to sell Bt200 million...
