Author: e_cash_top
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Quantitative Tightening has potential to be the most disruptive ever
[ad_1] Quantitative tightening (QT) reduces the Federal Reserve’s balance sheet. It transfers a significant amount of Treasury and agency mortgage-backed securities to investors. The current Fed policy is to use QT as a tool to combat inflation as well as increasing interest rates. It is the opposite of what has been more prevalent over the past…
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Coinbase stock posts 9 week high on rumors of better than expected earnings
[ad_1] Coinbase Global Inc (COIN) saw its stock price rise 18% on August 3, closing the day at $80.81 — a price not seen since May 31. During after-hours trading, COIN traded relatively flat, giving up less than 1% of its earlier gains. Source: Coinbase Global Inc. on TradingView.com Amid plummeting cryptocurrency prices, the company…
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Singapore’s DBS Bank enters the Metaverse with Sandbox Partnership
[ad_1] Singapore’s leading Bank DBS has inked a partnership with Sandbox to extend its banking experience into the metaverse. DBS announced that the deal will see to the creation of DBS BetterWorld on a 3×3 plot of LAND. The metaverse experience will be an additional engagement platform for customers visiting the Sandbox. Sandbox Co-Founder Sebastien…
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A response to the claim “dark tetrad” personality types are drawn to Bitcoin
[ad_1] Researchers from the Queensland University of Technology recently published a study on the dark tetrad personality and cryptocurrency attitudes. They found dark tetrad personalities “like” Bitcoin and cryptocurrency. Many, especially those holding anti-crypto sentiment, interpreted the results to mean Bitcoin investors are calculating psychopaths that lack humility. However, researchers were keen to stress that…
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Bitcoin Risk Signal suggests further downside in coming weeks
[ad_1] Bitcoin has rallied back to retest the $21,000 resistance but the Bitcoin Risk Signal, provided by Glassnode and Swissblock technologies, hit a yearly high on Sept. 5 and is still at 87 out of 100 following today’s pump. The Bitcoin risk signal gauges the amount of risk of a significant drawdown in Bitcoin price.…
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How leveraging blockchain data can be a revolutionary act
[ad_1] The legitimacy of cryptocurrencies is under constant threat from bad actors. Wash trading is a huge issue, for example, and is widespread in NFT sales: one high-profile case was exposed on a popular marketplace where 94% of $2 billion transacted was proved to be wash traded. How did we find out about it? An…
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Institutional bank Sygnum announces Cardano staking, community divided over institutional adoption
[ad_1] Zurich-based Sygnum Bank announced it had expanded its product offerings to include Cardano (ADA) staking. The firm said its clients can now securely stake ADA via its “institutional-grade banking platform to generate staking rewards.” However, the move has split the Cardano community, with skeptics voicing concerns about institutional adoption being a slippery slope. Institutional…
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CryptoSlate Daily wMarket Update – Sept. 8
[ad_1] The total cryptocurrency market capitalization continued its recovery from the previous day and stood at $1.03 trillion at 06:00 UTC on Sept. 9 — up 2.17% during the last 24 hours. Bitcoin’s market cap also bagged more gains, growing 5% over the past 24 hours to $388.1 billion from $369.61 billion the previous day.…
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CoinShares posts £8.2M Q2 loss due to one-off impairment hit from Terra
[ad_1] London-based digital asset management firm Coinshares reported a loss before tax of £8.2 million for the second quarter, versus a profit before tax of £28.6 million a year ago, on the back of a one-off loss of £17.7 million due to the collapse of Terra. Combined revenue, gains, and other income for the quarter,…
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Fidelity to launch Bitcoin retail trading in November
[ad_1] Fidelity Investment Managers will offer retail customers Bitcoin trading from November, according to Eight founder Michaël van de Poppe. The firm is among the most significant investment managers in the U.S., with $4.3 trillion in assets under management as of March 31. Commenting on what this means for the sector, van de Poppe said…