Tag: finance

As Bitcoin outpaces fiat, what’s next for global finance?

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As Bitcoin’s value overtakes major currencies by 99.5%, is this the start of a new era where digital currencies challenge traditional financial systems? The global economy has faced severe challenges in recent years, including rampant inflation and slowing growth rates since the post-pandemic era.  In the U.S., recent reports indicate a slower-than-expected GDP growth of 1.6% in Q1, missing forecasts of 2.5% growth and falling well below the 3.4% recorded in Q4.  Simultaneously, the core PCE (personal consumption expenditures) price index—an essential gauge of inflation for the Federal Reserve—has risen…

US asset managers increase BTC portfolio allocation as Borroe Finance shines

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Legacy Wealth and United Capital Management have invested $20 million in Bitcoin through Fidelity’s ETF, while Borroe Finance raises nearly $4 million by monetizing future earnings via NFTs. While US Asset Management firms invest over $40.88 million into FBTC to increase BTC portfolio, Borroe Finance (ROE) continues paving its path to become one of the top defi coins. Given its price trajectory and real-life use cases, ROE has emerged…

How To Become A Crypto Millionaire With Dogecoin (DOGE), ETFSwap (ETFS), And Ondo Finance (ONDO) – Blockchain News, Opinion, TV and Jobs

Dogecoin (DOGE), ETFSwap (ETFS), and Ondo Finance (ONDO) have been touted as three tokens that could make crypto investors millions of dollars in this bull run. Dogecoin (DOGE), on its part, has a proven track record since it made many crypto millionaires in the last bull run.  Meanwhile, as relative newcomers, ETFSwap (ETFS) and Ondo Finance (ONDO) have shown enough bullish momentum to convince investors they are the future of the crypto market. Besides, the infrastructure that they provide in the crypto industry is second to none.  Expect More Dogecoin…

There Are Many Bitcoin (BTC) Critics Left in Finance, Despite BlackRock’s (BLK) Newfound Love

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Stone X Group’s chief strategist, Kathryn Vera, gave a presentation at the Miami conference, stating that bitcoin won’t be a reserve currency – economics jargon for a currency like the dollar, euro or yuan held by central banks to support global trade and finance – “in her lifetime.” A key reason why the largest conventional currencies are cornerstones of finance is this reserve currency status. Original

Crypto Does Not Have an Illicit Finance Problem, Bad Actors Do

While Senators weigh the merits of Adeyemo’s important testimony, they should also weigh the consequences of more than five years of U.S. policy inaction in regulating the very wayward corners of the crypto industry that pose the greatest threats to consumers, markets and, indeed, national security. U.S. policymakers and regulators, from Treasury Secretary Janet Yellen, to Federal Reserve Chairman Jerome Powell (and Deputy Secretary Adeyemo), have all made calls for Congressional action. They focus particularly on dollar-denominated stablecoins, the crypto world’s digital thrift, much of which borrow the trust of…

South Korea’s Democratic Party to Introduce ETF and Digital Finance Reforms

South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP). Although election concerns have temporarily halted the initiative, a crucial poll is set for April 10, and the parliament is predominantly controlled by the DPK-led […] Source BitcoincryptoexchangeExchanges CryptoX Portal