At Tuesday’s hearing, Powell was asked by Ranking Member Sen. Pat Toomey (R-Pa.) whether, if the Fed was given authorization from Congress to pursue a CBDC, if that would mean that a CBDC could not coexist with “well-regulated, privately-issued stablecoins.” Source link … [Read more...] about Powell Tells Senate Fed Will Release Its Crypto Report ‘Within Weeks’
Weeks
CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
Micro ETH futures’ slow start isn’t surprising, however, given the current dour market mood. Further, volumes usually dip ahead of the year-end holidays. When micro BTC contracts went live in early May, market sentiment was quite bullish, with bitcoin trading around $60,000. Source link … [Read more...] about CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
India’s Crypto Bill Likely to Be Delayed for Several Weeks: Reports
The bill, which needs Cabinet approval to be heard by the full parliament, isn’t on the agenda for today’s meeting, leaving only one more opportunity - Dec. 22 - a day before parliament’s session ends for the year. Parliament’s next session won’t start until late January or early February 2022. Dec 15, 2021 at 9:41 a.m. UTCUpdated Dec 15, 2021 at 10:08 a.m. UTCIndia's … [Read more...] about India’s Crypto Bill Likely to Be Delayed for Several Weeks: Reports
The Two Miami Art Weeks
On Wednesday night, at an event co-sponsored by this website, Pitbull gave a rousing five-minute speech analogizing the city of Miami to a “pineapple” before disappearing into the crowd, while in the lobby of the Beachcomber Hotel, guests staged impromptu photo shoots amid rows of physical NFT screens. Erykah Badu and Azealia Banks performed that night, too, at an outdoor party … [Read more...] about The Two Miami Art Weeks
Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’
Crypto hedge fund Three Arrows Capital (3AC) has bought more than half a billion dollars worth of Ether in the time since CEO Zhu Su publicly slammed the cryptocurrency on Twitter. Do the purchases mean he's changed his mind, or was he just taking advantage of a market crash to buy the dip?In an anti-ETH tirade between Nov. 20 and Nov. 22, Zhu tweeted about why he had … [Read more...] about Three Arrows buys 156K ETH in the weeks after CEO ‘abandoned ETH’