The U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies.
The sudden pullback just short of a new $50,000 high surprised many investors. Here’s what probably happened.
Quick Take
- The NFT market was stagnant in the first half of 2020
- Trends of digital collectibles were often seasonal or hype-driven
- Overall trading volume is increasing despite a lack of growth in unique traders on NFT marketplaces
Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance.
SBI’s founder and CEO Yoshitaka Kitao said his firm would turn the planned crypto venture into a core source of profitability.
In this episode, Anna Baydakova and Danny Nelson discuss North Korea reportedly stealing your crypto to create nuclear weapons, Tesla rattling markets at an opportune time and Nigeria trying to ban crypto.
The combined forces of passionate communities with potent tools, and the deepening involvement of institutions, make successful bans less likely.
The blockchain, which had been touted for its ability to handle a high volume of transactions, was brought down by an unusually high number of transactions.
Officials at the European Central Bank have said in recent weeks that they continue to assess all the factors behind a potential launch of a digitized version of the euro.
The post ECB official floats idea for limits on digital euro holdings to discourage hoarding appeared first on The Block.
A new report from the credit ratings agency says the increase of crypto activity from firms may not translate to a short term effect on credit profiles, but it could modernize the financial system over time.
The post Fitch Ratings says crypto is far from mainstream, but has potential benefits appeared first on The Block.
