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    NY Fed Launches Fintech Research Wing With BIS Help

    NY Fed Launches Fintech Research Wing With BIS Help

    The Federal Reserve Bank of New York launched the New York Innovation Center (NYIC) to build and test new financial technology including central bank digital currencies (CBDC), stablecoins and cross-border payments, the central bank division announced Monday.The NYIC...
    Market Wrap: Bitcoin Bears Retreat as Traders Buy on Dips

    Market Wrap: Bitcoin Bears Retreat as Traders Buy on Dips

    Bitcoin was in recovery mode on Monday as bearish sentiment waned. The cryptocurrency was up about 6% over the past 24 hours compared with a 7% gain in ether over the same period. Generally, some traders are looking to buy on price dips given seasonal strength into...
    For Sale: $10M Yacht, DOGE Accepted

    For Sale: $10M Yacht, DOGE Accepted

    Cryptocurrency payments continue to gain traction in the world of luxury goods, with a 170-foot yacht being the latest example.The owners of Italian-built VIANNE said in a statement Monday that prospective buyers will be able to buy the vessel with BTC, ETH, DOGE,...
    Investment Firm Kelly Files for Ether Futures ETF

    Investment Firm Kelly Files for Ether Futures ETF

    Kelly Strategic Management, an Investment firm headed by Kevin Kelly, has filed for an exchange-traded fund (ETF) tied to ether futures just three months after ProShares and VanEck pulled similar filings.The Kelly Ethereum Ether Strategy ETF is an actively-managed...
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