Federal Reserve Bank of Dallas President Rob Kaplan said that U.S. central bank is “actively looking at and debating” issuance of a digital currency, amid growing worries among regulators that dollar might lose status as world’s reserve currency.
In an op-ed for the Wall Street Journal, J. Christopher Giancarlo, former CFTC chair, and Daniel Gorfine, former director of LabCFTC, proposed a blockchain protocol to digitize cash and allow the dollar to compete in the new digital era.
#0xProject is up 13% today. Some fundamentals: - 15 addresses have control of more than 1% of circulating supply, but only 2 are active (the rest are hodlers) - The avg time is held is 1.4 years - 33% of the addresses are in the money - $10.66m were moved in large txs ($100k)
Binance just completed their 9th quarterly burn for Q3, in which it burned nearly 2.1M BNB - more than in Q2 and Q3 combined. Since Binance burns 20% of profits, we can deduce that it made approximately $186 million in profit in Q3. This is the second-highest quarterly profit Read More
1/ Since I last wrote about IEOs, the situation has only gotten worse. Now I think it's clear IEOs are dead, just as it was clear about ICOs in early 2018. The vast majority of projects can't sustain value and continue bleeding Read More
Today is my proudest day at @chainalysis . We enabled US, UK, Germany and South Korea to take down one of the largest Child Abuse Material sites. Law enforcement in 38 countries made 330+ arrests of alleged pedophiles and rescued 23 children from abuse blog.chainalysis.com/reports/chaina…
Mex Open Interest near its all time high. Once $BTC makes a move out of this range, stops should create a cascading effect resulting in a genuine breakout & not a fakeout. Entering position with market-stop order doesn't sound like a bad idea at all.
You won't you see many talking about an echo bubble on CT because very few people on CT were adults when the last two happened. (Post 1929 and post 2001) "Echo bubble is a post-bubble rally that becomes another, smaller bubble." Source: Investopedia
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