Crypto Research
1,633 Results
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...
MARKET ANALYSIS Following a brief dip below $9,000 on Monday, Bitcoin rallied in line with other major markets to close the day at $9,450. Bitcoin remains firmly ahead of gold as the best performing asset class on a YTD basis. Bitcoin led all other major crypto assets over the past week by 2% - 3%. FS Crypto FX 250 was the best performing index last week, finishing the week...
THE HEADLINES [Members Area Crypto] US MUST LEAD DEVELOPMENT OF BLOCKCHAIN AND DIGITAL ASSET MARKET www. hblr. org CFTC Commissioner Heath Tarbert is proposing a regulatory framework advocating financial regulation based on principles rather than specific rules, and warns that “applying overly prescriptive rules could stunt the development” of blockchain and digital assets – a market Tarbert believes “the United States much lead.” [Members Area Crypto] MAURITIUS RELEASES NEW STO...
THE HEADLINES [Members Area Crypto] BANK OF KOREA REVIEWING CBDC www. cointelegraph. com The Bank of Korea has formed an advisory group to evaluate issues surrounding the issuance of a central bank digital currency (CBDC). [Members Area Crypto] CHINESE BANKS NOT CLOSING CRYPTO ACCOUNTS www. cointelegraph. com China’s leading banks have said that they will not close customer accounts transacting in cryptocurrencies as long as “there is any involvement of...
THE HEADLINES [Members Area Crypto] INDIAN GOVERNMENT PROPOSING CRYPTO BAN www. economictimes. indiatimes. com India’s Finance Ministry has begun circulating a new proposal that will make both the direct and indirect use of cryptocurrencies punishable with a fine or imprisonment. [Members Area Crypto] ESTONIA CLAMPING DOWN ON CRYPTO FIRMS www. bloomberg. com Estonia has begun withdrawing crypto licenses – 500 so far this year – in an effort to respond...
