Equity Strategist Says Crypto Has a Place in Portfolios, Bitcoin Price to Reach $50,000 in 2021
An equity and derivatives strategist with a global financial services firm specializing in institutional trading believes that bitcoin has a place in investment portfolios. He has a price target for bitcoin of $50,000 in 2021. Bitcoin Has a Place in Investors’...
New Draft U.S. Law Will Make It Illegal to Issue Stablecoins Without Federal Reserve Approval
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps....
Decred bounces off $42 after spiking 50%
Decred’s (DCR) spike of more than 50% saw bulls rally from $26 to see highs of $42 and the token could target higher levels short term Decred price rallied to highs of $42 after surging more than 50% in 24 hours. Although the token has since bounced off the...
Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor
A Spanish professor and economist stated that cryptocurrencies have brought out the “obsolescence” of central banks, although their capitalization is still “very insignificant.” Crypto Is Not Only About the ‘Speculative Noise’ Pablo...Interesting 13
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