▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Now you can export your digital asset transactions from Gilded to Xero. Stay tuned for more comprehensive Xero support. 💪 ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Famed hedge fund manager Paul Tudor Jones has updated his view on bitcoin. Envisioning a bullish future similar to “the metals complex where you have precious crypto,” he says that $500 billion is the wrong market cap for bitcoin, given all the “possibilities that it has.” He expects that the path forward for bitcoin from here is “north.” Paul Tudor Jones Expects Bitcoin’s Price to Head ‘North’ Paul Tudor Jones was again asked about bitcoin in an interview on Yahoo Finance on Thursday. The founder of asset management firm Tudor…
Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S. dollar-backed stablecoin. Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper in 2019. They are right to be concerned, as stablecoins — particularly ones such as the rebranded Diem that have the potential for massive network effects — bring new risks to consumers and savers as well as to the global financial system. Related: What Is Libra? Breaking…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin has settled into a consolidation range following its significant climb since the start of October. However, increasing sell pressure has many analysts calling for a sharp correction in the near term if $15k fails to hold. Currently, the price of Bitcoin is down 1% in the last 24-hours to $15.3k. On the other hand, U. S. stocks are booming. Record pre-market trading saw the Dow Jones open 5% up, while the S&P 500 benefited with a 3% gain. Analysts have attributed…
Short open interest for leveraged funds grows on CME as likely hedge trades continue to increase. Original
On Wednesday night, Congresswoman Rashida Tlaib introduced a bill before the U.S. House of Representatives looking to make fiat-pegged stablecoin operators abide by the same rules and registration requirements expected of banks. The legislation, under the name “the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act,” sets out a fresh and extremely expansive definition of stablecoin. It furthermore dictates a series of limitations that outlaw stablecoin issuance for any entity that is not “an insured depository institution that is a member of the Federal Reserve System,” More aggressively, one of…
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Citigroup Inc (NYSE: C) CEO Michael Corbat recently revealed that the bank has been partnering with central banks globally to build Central Bank Digital Currencies. While CBDCs have gained wild popularity in the past two years, Citigroup CEO predicted their rise during Bitcoin’s 2017 epic surge. At the time, he observed that BTC’s parabolic rise would spark an interest in digital currencies from central banks. Three years later, Michael Corbat has revealed that his bank is helping world governments in their CBDC pursuit. Speaking on Friday at the Bloomberg Invest…
Citigroup Inc (NYSE: C) CEO Michael Corbat recently revealed that the bank has been partnering with central banks globally to build Central Bank Digital Currencies. While CBDCs have gained wild popularity in the past two years, Corbat predicted their rise during Bitcoin’s 2017 epic surge. At the time, he observed that BTC’s parabolic rise would spark an interest in digital currencies from central banks. Three years later, Corbat has revealed that his bank is helping world governments in their CBDC pursuit. Speaking on Friday at the Bloomberg Invest Talks, he…
This is an opinion. The Athletic just dropped a bombshell report about Clippers’ chemistry issues. It detailed the preferential of Kawhi Leonard and Paul George. Combined with Kawhi’s previous actions, he’s taking the lead as the NBA’s biggest superstar diva. Kawhi Leonard doesn’t say much, but that doesn’t mean he isn’t communicating. Kevin Durant may have been caught with a burner account. Kyrie Irving may make some outlandish comments. But Leonard’s actions have alienated his teammates, his coaches, and entire cities. As the Clippers tried to bend over backward to…