Quick Take Abra settles with CFTC and SEC BZRX IPOs at $200m valuation Chris Larsen spies on neighbours This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block. Source link
With Bitcoin’s price expectations, there are usually three camps. Well, there’s actually just two, but the third one doesn’t count, because it is filled with level-headed people. There’s one camp, consisting of the John McAfee type or the Peter Schiff type claiming, ‘Bitcoin will inevitably crash and burn.’ While this form of categorization is useful …
Bitcoin’s price expectation depends on how much money you have Read More »
As Chinese police step up efforts to crack down on illegal economic activities, crypto over-the-counter (OTC) traders are being detained to assist investigations. In another sign Chinese law enforcement are targeting cryptocurrency trading, Zhao Dong – a prominent Chinese crypto OTC trader and the co-founder of crypto lending platform RenrenBit – has been held up …
China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown Read More »
Quick Take CrossTower pursues “inverted exchange” model FTX launches COMP perpetual swap market This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block. Source link
This week, the wildest, most nonsensical, volatile part of the market wasn’t bitcoin, it was the “Robinhood Rally” in equities. The stock market has long been disconnected from the underlying economy, but much of what happened this week – particularly the pumping of bankrupt company stocks – suggests that something new is afoot. In this episode, …
The Robinhood Chad Index Versus Doomer Internet Money Read More »
Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the central bank. Prices for personal consumption expenditures are expected to climb just 1% this year, down from a December projection of 1.9%, according to the document. Inflation …
Fed Officials See Anemic Inflation Despite Trillion-Dollar Money Injections Read More »
Quick Take Cryptocurrency markets spooked after dormant coins awaken Facebook rebrands Calibra This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block. Source link
A tokenized U.S. dollar would make it easier for the government to put money into the hands of people who need it during crises like the COVID-19 pandemic, according to a high-profile lobbying group that’s trying to make a digitized USD a reality. The Digital Dollar Project is headed by J. Christopher Giancarlo – former …
Former CFTC chair says a tokenized dollar could be a better way to hand out relief money Read More »
More than 150 Ethereum projects have received nearly $25 million in total grant money to date. The Ethereum Foundation is the biggest donor, awarding over $21 million of the total amount, according to a study by The Block’s Steven Zheng. The foundation is followed by the Ethereum Community Fund, Aragon Foundation, ConsenSys and Protocol Labs. …
Ethereum projects have received nearly $25 million in grant money to date Read More »
Quick Take Binance delists leveraged tokens Justin Sun copy-pastes MakerDAO MakerDAO Debt Auctions end in spectacular fashion This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block. Source link