Bitcoin fell from $36,000 to $34,000 Wednesday morning, despite continued buying from investors.
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
Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said.
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.
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.
A new standard developed in a MOBI working group is aimed to tackle used car fraud with verified car histories.
Bankruptcy trustee EY is trying to resolve a dispute over how to value cryptocurrencies recovered from QuadrigaCX.
Ross Ulbricht was not on the list of 143 individuals to receive clemency from the President.
Every company is eyeing bitcoin, including the one that launched EOS.
The document production process has already stretched over a year.
