Month: March 2021

NFT? What’s That?

NFT? What’s That?

A cryptocurrency minute often feels like a lot less than that. Before you can say “rug pull” the floor beneath a new development in the cryptocurrency space may already have come out from under you.   Last summer it was decentralized finance, which continues to brew, this spring it looks like it’s NFTs or non-fungible […]

Continue Reading

Bitcoin Bounces Back on Visa News

Bitcoin Bounces Back on Visa News

Bitcoin and Ether rebound on news that Visa will be facilitating settlement using USDC – regulated dollar-backed stablecoin  Merchants still demonstrate reluctance to accept cryptocurrencies and stablecoins are an important halfway house towards wider adoption For those unfamiliar with the world of cryptocurrencies, stablecoins are a key variable in both buying and selling digital assets […]

Continue Reading

How Does DeFi Deliver Those Crazy Yields?

How Does DeFi Deliver Those Crazy Yields?

Lack of dollar liquidity to finance cryptocurrency buying is leading to a lending premium   Counterparty risks remain for certain types of trades, especially where the counterparty is not a traditional lender, justifying the risk premiums      For the uninitiated, the head-spinning yields from cryptocurrency lending and liquidity provision on decentralized finance or DeFi […]

Continue Reading

Retail Traders Cool on Cryptocurrency

Retail Traders Cool on Cryptocurrency

Retail flows fall off as investors cool on cryptocurrencies like Bitcoin  Institutional interest should help to pick up some of the slack and hopefully act as a more measured force, reducing volatility in Bitcoin    Bitcoin’s relentless rally started to stutter this week as the benchmark cryptocurrency fell to as low as US$50,000 before recovering […]

Continue Reading

U.S. Bitcoin ETF Gets Closer to the Finish Line

U.S. Bitcoin ETF Gets Closer to the Finish Line

Fidelity Investments files for a Bitcoin ETF on Wednesday New products at Goldman Sachs (-0.94%) which have mandate for exposure to cryptocurrencies re-confirms growing institutional demand  Bullishness over the prospect of a U.S. Bitcoin ETF wasn’t able to buoy Bitcoin prices overnight as risk sentiment soured on improving demand for U.S. Treasuries.   Even as the U.S. economy […]

Continue Reading

Cash Can Co-Exist with Cryptocurrency

Cash Can Co-Exist with Cryptocurrency

U.S. Federal Reserve Chairman Jerome Powell’s comments about central bank digital currencies or CBDCs the closest the Fed has ever come to considering the issuance of its own digital dollar  A Fed-issued digital dollar likely to have limited impact on cryptocurrencies as the pre-existing alternatives still have their use  In the clearest sign yet that […]

Continue Reading

Please enter CoinGecko Free Api Key to get this plugin works.