Bitcoin

Stablecoins’ Tenuous Relationships With Banks

December 2, 2021 0

Even in the cases of stablecoins that do have U.S. banking relationships, it’s not clear these small banks can quickly perform these functions typically performed by big Street banks. To wit, the Fed’s rescue of […]

Bitcoin

Crypto CEOs to Testify Before House Financial Services Committee

December 2, 2021 0

FTX’s Sam Bankman-Fried, Circle’s Jeremy Allaire, Bitfury’s Brian Brooks, Paxos’ Charles Cascarilla, Stellar Development Foundation’s Denelle Dixon and Coinbase Inc.’s Alesia Haas will speak at the session entitled “Digital Assets and the Future of Finance: […]

First Mover Asia: Bitcoin Drops Following First US Omicron Case
Bitcoin

First Mover Asia: Bitcoin Drops Following First US Omicron Case

December 2, 2021 0

Good morning. Here’s what’s happening this morning: Market moves: Crypto markets opened December with mixed performances as traders remain in a wait-and-see mode. Technician’s take: BTC’s uptrend is intact with improving price momentum. Downside appears […]

Crypto News Roundup for Dec. 1, 2021
Bitcoin

The Long Strange Journey of Facebook’s Libra Project

December 2, 2021 0

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW does a retrospective of Facebook’s libra project, which was renamed late last year to diem. He argues that, whatever happens with diem specifically, […]

Square’s Cash App Generated $1.8B in Bitcoin Revenue in Q3
Bitcoin

Payments Giant Square Is Changing Its Name to Block

December 2, 2021 0

“The name change creates room for further growth,” the company concluded. “Block is an overarching ecosystem of many businesses united by their purpose of economic empowerment, and serves many people—individuals, artists, fans, developers, and sellers.” […]