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Weekly overview

US Treasury yields are soaring, but what does it mean for markets and crypto?

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

The 10-year U.S. Treasury yield recently hit its highest level in 12 years, but how might this impact investors’ sentiment toward stocks and cryptocurrencies? Across all tradeable markets and currencies,…

Continue ReadingUS Treasury yields are soaring, but what does it mean for markets and crypto?

SEC alleges fintech and ‘market maker’ firms manipulated crypto market in token scheme

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Though the SEC has pursued many enforcement actions related to initial coin offerings, the regulator’s stance on airdrops’ role in alleged token schemes is unclear. The United States Securities and…

Continue ReadingSEC alleges fintech and ‘market maker’ firms manipulated crypto market in token scheme

Bitcoin price slips under $19K as official data confirms US recession

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Politicians continue to argue about whether the U.S. economy is in a recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now. Bitcoin…

Continue ReadingBitcoin price slips under $19K as official data confirms US recession

Crypto startup to save iconic fiat money sculpture with 1M euros in funding

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

The crypto industry is coming to save the troubled “Euro-Skulptur” monument in Frankfurt after traditional banks refused to support the symbol of eurozone decision-making. The paths of traditional finance and…

Continue ReadingCrypto startup to save iconic fiat money sculpture with 1M euros in funding

The Caribbean is pioneering CBDCs with mixed results amid banking difficulties

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Emtech’s Cadet talks about CBDCs in emerging markets as the U.S. Congress and United Nations hear about the traditional banking crises. The Caribbean region is in a tough situation for…

Continue ReadingThe Caribbean is pioneering CBDCs with mixed results amid banking difficulties

Ooki DAO members explore options in response to CFTC lawsuit

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the Commodity Futures Trading Commission. Members of the decentralized autonomous organization (DAO) known…

Continue ReadingOoki DAO members explore options in response to CFTC lawsuit

Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Bitcoin looks suitable for Russia’s crypto cross-border payments at first glance, but there are many reasons why such a choice is highly questionable. Despite Russia pushing the idea of using…

Continue ReadingRussia unlikely to choose Bitcoin for cross-border crypto payments: Analysis
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