Greg Foss takes a deep look at the conditions surrounding the global credit market in this executive summary.It is often said that equities are about emotion, whereas bonds are about reason. Equity investors tend to ask, “How much can I make?” whereas bond investors tend to ask, ”How much can I lose?” Are these types of investors optimists vs. pessimists? No, but...
PLUS: Goldman Sachs to offer clients bitcoin! With Bitcoin hovering just below $60k and Ethereum sitting just under $2k, it looks like April could be another bullish month in the crypto industry. In lieu of a typical introduction summarizing the week’s news, I am going to embed a tweet from the @Unchained_pod, the new Twitter handle for all Unchained content. Click the link...
The United States Federal Reserve Chairman, Jerome Powell, referred to Central Bank Digital Currencies (CBD) by stating they would not replace cash but complement it. The remarks took place at a conference hosted by the Committee on Payments and Market Infrastructures taking in Basel, Switzerland. During the conference, Powell said, “Relevant to today’s topic, one [...] The post CBDCs Need to Coexist With...
Citigroup, one of the big four financial institutions in the United States, has recently published a report titled “Bitcoin: At The Tipping Point” in which the organization claims that cryptocurrencies are ready to become mainstream. The report was officially published on March 1st at a time when companies like Tesla, Paypal, Twitter, and Mastercard have [...] The post Bullish: Citi Claims Bitcoin is...
The St. Louis Federal Reserve published an article on the risks and opportunities in DeFi. If the technology can overcome...
Banque de France (the French central bank) has announced the successful testing of its central bank digital currency (CBDC) in collaboration with multiple financial and tech groups. The experiment was considered to be successful on December 17th of 2020 but wasn’t announced until January 19th of this year via a press release. It was completed [...] The post Banque de France Successfully Completes...
Ecuadoran presidential candidate Giovanny Andrade shared his plans to create a national cryptocurrency for the Latin American country based on the gold standard. Giovanny Andrade is the president of the Ecuadorian-Chilean Chamber of Mining and has been a supporter of the dollarization of the Ecuadorian economy started in the year 2000 under the presidency of [...] The post Ecuadoran Presidential Candidate Wants to...
2020 has been a year unlike any other in terms of dramatic life change. Throughout history, any phases of challenge or uncertainty led to a mass disruption of the traditional systems in place and ushered in a new societal revolution. There was an industrial revolution, a technological revolution, and what is next is a decentralized, all-digital future. The basis of a brighter, more...
U.S. card payments giant Visa is among the most influential and far-reaching companies in the world. Circle's USDC is among the most popular stablecoin projects in Ethereum's booming decentralized finance ecosystem. Take note, then, because the two entities are partnering up to bring USDC payments into Visa's sprawling network of +60 million merchants. Announced Wednesday, [...] The post Visa Embraces USDC as U.S....
Bitcoin could simply become a global asset. This is according to Larry Fink, the head of the world’s largest asset manager BlackRock. During a conversation with the former […]
The dollar's drop comes on the heels of a global market surge that took place throughout the month of November.
Avanti says that it has gained approval for its Wyoming-based cryptocurrency bank, as revealed in a new press release. Bank Approved Unanimously Avanti was first announced in February. Now, the bank has gained approval...
Mainstream payments powerhouse PayPal announced this week it was on the verge of launching cryptocurrency wallet and payments services, with plans to eventually bring these features to Venmo, the company's mobile payments subsidiary. Why it matters: PayPal's high-profile embrace of crypto is a major legitimizing development for bitcoin, ether, and the wider cryptoeconomy. Not long [...] The post PayPal Embraces Cryptocurrency: Here's Everything...
The platform's shareholders are hoping that Contour can unify innovation in trade finance.
Stock Trading is a sector that has witnessed significant changes since the launch of the internet. Today, there are dozens of web applications and platforms designed to help newbie traders become seasoned professionals. The main stumbling block is finding a single application that can serve as a one- stop-shop for all your trading needs. With that [...] The post StocksToTrade Review: An All-in-One Stock...
Apollo Fintech has been a guru in the formulation of ambitious yet applicable solutions to real-time issues. The Q3 of 2020 ushered in one of its many innovations, the National Currency Platform. This step was not the end of what Apollo promises users worldwide. Currently, it is working on launching the most expansive social network […] The post Stratus: Your...
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