16 years ago, Satoshi released the Bitcoin white paper into the world, seeking to revolutionize finance by eliminating the custodians and middlemen associated with money. Today, his proposal is as valid as ever, even with bitcoin’s rise in popularity. Bitcoin Turns 16 Amidst a Surge in Adoption and Popularity 16 years ago, Satoshi Nakamoto, the […] Original
Este artículo también está disponible en español. In a new YouTube video titled “There Is No ETF Paper Bitcoin,” Fred Krueger, an investor at the crypto hedge fund 2718.fund, delved into the growing concerns surrounding US spot Bitcoin Exchange-Traded Funds (ETFs) and their impact on the cryptocurrency’s price. Krueger aimed to dispel the fear, uncertainty, and doubt (FUD) that have been circulating about “paper Bitcoin”—the notion that ETFs might be selling Bitcoin they do not actually possess—and to explain why Bitcoin’s price has not surged as dramatically as some might…
In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effectively. Their research explores the impact of bitcoin on fiscal policies and offers potential solutions. The Case Against Bitcoin: The Minneapolis Federal Reserve’s […] Original
The Federal Reserve Bank of Minneapolis recently released a paper that suggested governments should ban or tax Bitcoin in order to maintain primary deficits. In a working paper recently published by the Minneapolis Feds on Oct. 17, governments are urged to either legally prohibit the trade of Bitcoin(BTC) or enact a Bitcoin tax if they want to maintain their permanent primary deficits. “A legal prohibition against bitcoin can restore unique implementation of permanent primary deficits, and so can a tax on bitcoin at the rate,” stated in the abstract of…
Finally, last week, official details of what the project actually is, or aims to be, began to emerge: Still to be developed and launched, it’s a “best-in-class consumer application,” distinguished by “simple onboarding and familiar UI/UX via one-click social login and wallet creation,” according to a blog post. (UI/UX is shorthand for user interface and user experience.) Under the hood, the project plans to operate an instance of the decentralized-finance (DeFi) project Aave atop the Ethereum blockchain, with plans to eventually deploy on the layer-2 network Scroll, according to the…
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A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive. ECB Paper: Stablecoins Are Susceptible to […] Source CryptoX Portal
Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday. Source
Siemens issued €100,000 worth of crypto securities under the German Electronic Securities Act (eWpG) on September 13, then redeemed it three days later. The payments were conducted on the Onyx network using the JPM Coin System, while asset transfers were settled on the SWIAT network’s delivery-versus-payment (DvP) mechanism. Source link
Researchers Murray A. Rudd, Matthew Jones, Daniel Sechrest, Daniel Batten, and Dennis Porter have unveiled a new study showcasing a cutting-edge framework that fuses landfill gas-to-energy (LFGTE) systems with bitcoin mining. This innovative strategy is designed not only to combat methane emissions but also to unlock new economic opportunities. Study Merges Landfill Gas-to-Energy Systems With […] Original