IMF: Bitcoin matured to ‘an integral part of digital asset revolution’
Crypto assets are no longer on the fringe of the financial system, which raises financial stability concerns, a new IMF research argues. Go to Source Powered by WPeMatico
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‘Most bullish macro backdrop in 75 years’ — 5 things to watch in Bitcoin this week
Can 2022 still turn out to be a bull year? Not many believe so, but short-term volatility should pass nonetheless, analysts say this week. Go to Source Powered by WPeMatico
New year, same ‘extreme fear’ — 5 things to watch in Bitcoin this week
Could Bitcoin be any less interesting for the average hodler? The remarkable split between BTC price action and network fundamentals continues into 2022. Go to Source Powered by WPeMatico
Sberbank Launches First Blockchain ETF in Russia
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces ETF Tracking Blockchain Economy Index The largest banking and financial services provider in Russia and the post-Soviet space, … Read more
Bitcoin holds $48K as final Wall Street session caps 60% YTD gains for BTC
There’s plenty to celebrate in “up only” Bitcoin beyond short timeframes, analysts conclude on the last day of the year. Go to Source Powered by WPeMatico
Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021
A Christmas party for stocks masks “a massive amount of weakness,” one commentator warns, as Bitcoin sentiment votes with its feet. Go to Source Powered by WPeMatico
Countdown to the yearly close: 5 things to watch in Bitcoin this week
Things may be calmer than expected as 2021 ends, but the chances for “face-melting” green candles are still there, say analysts. Go to Source Powered by WPeMatico
Argo Blockchain among most traded stocks by Fidelity customers
Shares of the mining firm beat out BP and Lloyds Banking Group to become one of the most actively traded by Fidelity customers in 2021. Go to Source Powered by WPeMatico
Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows
If “crypto,” then a straight buy-up of BTC and ETH fared better than big name stocks this year. Go to Source Powered by WPeMatico
Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset purchases) and end the program by March 2022. Moreover, the FOMC … Read more
