As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve ‘Capture’September 14 – According to BofA, central banks around the world have been buying $1.4B per hour of assets since the COVID-19 lockdowns began in March. Simultaneously, the market value of Nasdaq 100 gauge of tech stocks has increased at approximately the same rate – coincidence?
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Bitcoin Traders Betting on a $36,000 Price by the End of 2020
September 14 – The Deribit crypto options exchange experienced unusual bets for $32,000 and $36,000 Calls for December 2020 – a sign investors are feeling bullish about the future price of bitcoin. Read the full article here. |
Considerable Bitcoin Transactions Imply Institutions Accumulating
September 13 – Increasingly since 2013, the Bitcoin and digital asset space has experienced a growing number of institutional investors accumulating BTC as well-known funds progressively join the crypto industry and derivatives market. Read the full article here. |
New York Accepts First DeFi Token Listing by Gemini Crypto Exchange
September 12 – Gemini added three new cryptocurrencies – PAXG, AMP, and COMP. Compound’s token listing validates the American regulatory clearance for the DeFi token from the most unyielding financial custodians in the world. Read the full article here. |
Details on KPMG, Deloitte, EY, and PwC’s Procedures for Blockchain
September 7 – The largest accounting firms in the world were quick to take notice on digital assets and the wider potential of blockchain. Each of the Big Four Firms is taking on different approaches to embrace the advantages of cryptocurrencies. Read the full article here. |