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Bitcoin Falls 5% Despite Continued Accumulation by Investors

Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.

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Author: Omkar Godbole

A brief overview of different types of stablecoins

Quick Take

  • Stablecoins need to have stabilization mechanisms that incentivize arbitrageurs to absorb price volatility when demand changes
  • Different types of stablecoins focus on achieving two of three goals in the “stablecoin trilemma”
  • Capital-efficient algorithmic stablecoins are on the rise, although they have yet to establish a proven record regarding stability

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.

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Author: Eden Au

Thai Stock Exchange Launching Digital Asset Trading in H2, Cryptos Excluded

Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said.

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Author: Tanzeel Akhtar

Fiat Freeway: Anchorage Receives OCC Approval to Become a Federally Chartered Bank and Brian P. Brooks Steps Down From the OCC

Quick Take

  • ‘Fiat Freeway’ is a weekly column providing the latest updates on central bank digital currencies (CBDCs) and stablecoins.
  • This week’s column explores Anchorage’s conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust charter and Brian P. Brooks departs from the OCC.

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.

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Author: Mike Rogers

Over Half of Investors Think Bitcoin, Tesla Stock Are Biggest Bubbles: Deutsche Bank Survey

While many respondents saw bitcoin as a major bubble, 25% believed it could double its price tag to north of $70,000 by the start of 2022.

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Author: Sebastian Sinclair

BMW, Ford Help Advance Standard for ‘Tamper-Proof’ Blockchain Identities for Vehicles

A new standard developed in a MOBI working group is aimed to tackle used car fraud with verified car histories.

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Author: Tanzeel Akhtar

Trustee of Collapsed Exchange Moves to Resolve Crypto vs. Fiat Creditor Claims Tussle

Bankruptcy trustee EY is trying to resolve a dispute over how to value cryptocurrencies recovered from QuadrigaCX.

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Author: Sebastian Sinclair

Trump Pardons Ripple Board Member and Family Friend, Ulbricht Not on List

Ross Ulbricht was not on the list of 143 individuals to receive clemency from the President.

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Author: Nikhilesh De

Dan Larimer’s Departure Brings EOS Disappointments to the Fore

Every company is eyeing bitcoin, including the one that launched EOS.

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Author: Brady Dale

Bitfinex Says It’s Nearly Done Turning Over Documents to NYAG

The document production process has already stretched over a year.

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Author: Danny Nelson


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