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Day: September 22, 2021
HSBC CEO backs CBDCs against crypto and stablecoins
HSBC, the largest European bank with total assets of $3 trillion, maintains a skeptical stance on cryptocurrency while promoting the central bank digital currency (CBDC) development. HSBC Group CEO Noel Quinn penned an article,ย New forms of digital money could spur growth, outlining the firmโs commitment to supporting the concept of CBDC as it provides transparent legal tender designed to avoid โmany risksโ associated with cryptocurrencies and stablecoins. Released Sept. 21, the piece argues that global CBDC efforts like the Chinese digital yuan are the โnew form of digital money,โ while…
Bitcoin Eyes $3B September Options Expiry After a Drop to $40K โ CoinDesk
Also, there is a notable build-up of call options open interest between $46,000 to $50,000. โThe larger expiries were at $46,000, $48,000 and $50,000, creating time decay concerns late last week with spot stagnating in the $47,000 to $49,000,โ range, Adam Farthing, chief risk officer at B2C2 Japan, said. โDown here [around BTCโs current price], we only have $44,000 and $40,000 with any size on them (open interest 2500 and 1500, respectively), weโve kind of moved away from the problem down here.โ Original
10% of early-stage startups working on blockchain: GSER 2021
With venture capital funding seemingly prioritizing emerging technology, the blockchain industry experiences a significant influx of capital from corporate backers. According to the Global Startup Ecosystem Report 2021 published on Wednesday, blockchain-based businesses account for 10% of startups worldwide. The figure is part of a more significant trend that has seen emerging technology become a fast-growing sub-sector in terms of early-stage funding. The report divides startups into growing, matured and declining sub-sectors. Unsurprisingly, blockchain technology is in the first group, where the average growth rate is 107%, along with agriculture…
What Did The SECโs G. Gensler Say To The WaPo About Stablecoins And Evergrande?
The Chairman of the Securities Exchange Commission, Gary Gensler, showed his cards. He spoke with legacy-media-operation The Washington Post and host David Ignatius for their series โThe Path Forwardโ and spilled the beans. We at NewsBTC saw the whole interview so you donโt have to. We selected the most crucial quotes, and present them in all their splendor for you all to read them and reach your own conclusions.ย Of course, weโre going to offer our two cents. Weโre not made of steel. In general, though, youโll get Gary Genslerโs…
SE APROXIMA EL DIA "D" EN PLANT VS UNDEAD- NFTs Blockchain Games
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Plant vs Undead se viene el 19 de septiembre con farm 2.7 y tenemos que ver que hacer… vendemos el NFT, lo guardamos? compramos plantas? #blockchain #PVU #NFTgames — Para comenzar en Blockchain games y criptomonedas necesitas abrir tu cuenta en algun portal para trading. Te recomiendo: ๐ฒ Link de Referencia de Binance: ๐ฒ Link de Referencia de Buda (LATAM): — ๐ฒ Para todo lo relacionado a Blockchain Games, NFT’s y Criptomonedas sigueme en ๐ฅ Canal de Telegram de Blockchain Games: ——-…
Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations โ Regulation Bitcoin News
Members of the Iranian parliament, the Majlis, have voiced concerns over Tehranโs restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations. Iranian MPs Urge for Change in Crypto Policies After Research Some parliamentarians in Iran have set out to change the governmentโs regulatory attitude towards cryptocurrencies, citing opportunities to use them to improve the nationโs sanctioned and troubled economy. โTaking a restrictive approach only pushes innovative solutions underground,โ…
Bitcoin miner Genesis Digital Assets raises $431M
Major Bitcoin (BTC) mining company Genesis Digital Assets has secured $431 million in funding to expand its industrial-scale mining operations in the United States and Nordics. The new funding round was led by Paradigm, one of the biggest cryptocurrency investment companies backing major industry players like Coinbase and FTX. Paradigm co-founder Matt Huang has also joined Genesis Digitalโs board of directors, the firm announced on Sept. 21. Other investors include the $11 billion asset manager Stone Ridge and its Bitcoin subsidiary NYDIG and several venture capital firms and investment management…
HUGE WARNING TO EVERYONE IN ETHEREUM RIGHT NOW
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Bitcoin bounces again after briefly losing $40K support โ Watch these BTC price levels
Bitcoin (BTC) bounced from a second $40,000 retest on Sept. 22 as China calmed global market fears over Evergrande. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView China keeps up Evergrande cash injections Data from Cointelegraph Markets Pro and TradingView saw BTC/USD trading above $42,000 Wednesday, with bulls still defending the psychologically significant $40,000 mark. The mood remained buoyant among traders but macro still provided mixed messages, concerns focused on China and the Coronavirus Delta variant. Evergrande, the second-biggest Chinese property giant, remained earmarked for a default on hundreds of billions…