For more than a year, the Federal Reserve has been talking about a forthcoming paper on central bank digital currencies in the U.S. Now that the paper has finally been released, NLW walks us step by step through the Fed’s thinking and shares the initial commentary from the crypto community and Washington, D.C. Source link … [Read more...] about The Federal Reserve Shares Its Thinking About a US CBDC
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First Mover Asia: Bitcoin, Altcoins Climb Following Fed Reserve Chief's Inflation Reassurances
Good morning. Here’s what’s happening:Market moves: Bitcoin led a broad crypto recovery ahead of the U.S. CPI release.Technician’s take: Buyers started to return to the market, although the upside seemed limited to the $45,000 level.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,806 … [Read more...] about First Mover Asia: Bitcoin, Altcoins Climb Following Fed Reserve Chief's Inflation Reassurances
Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve
Canadian crypto mining firm Hut 8 (HUT) had 5,518 bitcoin (approximately $256 million at current prices) in its reserves on Dec. 31, 2021, according to a Wednesday press release.Nasdaq-listed Hut 8 follows a “hodl” strategy, meaning it keeps all of the bitcoin it mines in its custody, essentially betting that their value will increase in the long term. The reserves represent a … [Read more...] about Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve
First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting
(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin fell as investor jitters grew over the upcoming Fed decision on combating inflation.Technician’s take: A breakdown in BTC could damage the intermediate-term trend despite oversold signals.PricesBitcoin (BTC): $46,963 -6.7%Ether (ETH): $3,800 -8.75%MarketsS&P 500: $4,668 -0.9%Dow … [Read more...] about First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting
RomeDAO wants to gamify governance and become the reserve currency for Kusama
RomeDAO is taking the word ‘experimental’ to new heights, proposing a 100% community token allocation, no VC funding, and a reserve currency held stable by rock-solid governance.Built by a core team of developers, researchers, and community builders from the OlympusDAO community, RomeDAO is based on the audited OlympusDAO contracts. The Ethereum-based algorithmic stablecoin … [Read more...] about RomeDAO wants to gamify governance and become the reserve currency for Kusama