Tag Archives: Digital assets

New Crypto Assets Group Backed By Trump Gets Green Light

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The Securities and Exchange Commission is moving in a different direction on crypto. Chair Paul Atkins confirmed that the agency will launch the President’s Digital Assets Group, a step he says will open a new chapter in US regulation. White House Roadmap According to Atkins, the first objective of the new group will be to… Continue reading New Crypto Assets Group Backed By Trump Gets Green Light→

Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role

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According to a recent analytics, stablecoins handled 35 trillion in on-chain transaction volume over the past year, with their average supply hovering around 195 billion. Those numbers show how much these tokens fuel trades, loans and cross-border transfers. Yet questions about whether they really count as “money” are now front and center. Stablecoin On-Chain Traffic… Continue reading Stablecoin Skepticism Grows As IMF Official Challenges Their Money Role→

Bitcoin Buying Race? US Wants More, Says Trump’s Digital Assets Chief

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Can we expect a massive accumulation of Bitcoin during the presidency of US President Donald Trump? If we base it on the recent statements of Bo Hines, Trump’s pick to head its Digital Assets section, the industry will soon see an aggressive investment strategy from the US government. Hines shared the department’s plan during a… Continue reading Bitcoin Buying Race? US Wants More, Says Trump’s Digital Assets Chief→

Bitcoin’s Risk Factor Remains High, Crypto Analyst Notes

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A crypto analyst believes that Bitcoin remains a very risk-on asset that is linked to the shifts in the macroeconomic landscape. Emily Nicolle, a crypto reporter for Bloomberg, gave her take on Bitcoin as the firstborn cryptocurrency plunged 13% and entered bear territory. This might have been due to macroeconomic uncertainty and political factors. ‘Very… Continue reading Bitcoin’s Risk Factor Remains High, Crypto Analyst Notes→

Bitcoin On Track To Replace Gold In 10 Years, Trading Firm Predicts

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Bitcoin (BTC) shattered the $100,000 price milestone yesterday, reaching as high as $104,088 on Binance crypto exchange. This historic price action has prompted analysts at the trading firm Bernstein to assert that Bitcoin is well-positioned to replace gold within the next decade. Bitcoin Poised To Outshine Gold Over Next Decade, Bernstein Says In a client… Continue reading Bitcoin On Track To Replace Gold In 10 Years, Trading Firm Predicts→

Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings

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In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara announced it had mandated investment bank Pareto Securities as a sole manager to schedule a series of fixed-income investor meetings… Continue reading Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings→

Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry

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Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus… Continue reading Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry→