Bitcoin (BTC) Bulls and Bears Engage in Battle A Day To Fed Meeting
Bulls and Bears in the Bitcoin (BTC) market have been fighting hard ahead of the key FOMC meeting set for later today, Wednesday, May 4. The Federal Reserve is likely to raise interest rates by 50 basis points amid rising inflation. As a result, the United States equity market has been shaky, as has the […]
Here’s Why MicroStrategy holds Bitcoin at $1 Billion loss
MicroStrategy, a software company, just announced a net loss for the first quarter of 2022, which appears to be majorly due to its Bitcoin holdings. For the first quarter, the company recorded a net loss of $170 million, or $11.58 per share, down from $183.2 million last year. The majority of the loss was due […]
ECB’s Presentation Shows Lack Of Privacy Options In Proposed Digital Euro Designs
Transactions through the EU’s proposed digital Euro could be transparent to intermediaries, just like any other non-crypto digital transaction. The public’s main concern, aside from concerns about government overreach raised by the European Union’s ambitious digital euro project, is the privacy framework of the prospective currency. This concern appears to be overblown after all: as […]
LGT Bank Sets To Start Bitcoin And Ether Trading
LGT Bank has partnered with the Swiss crypto bank Seba to provide Bitcoin and Ether custody and trading services. LGT Group, a leading family-owned private banking, and asset management firm, has entered the cryptocurrency market with the launch of Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein. LGT Bank, which manages over […]
BMM Brings Integrity to Blockchain
The Government Blockchain Association (GBA) published the Blockchain Maturity Model (BMM) (https://gbaglobal.org/blockchain-maturity-model/). This model was developed over the past two years to give acquisition professionals the tools they need to evaluate blockchain solutions when making purchasing decisions. It also provides a standard to distinguish legitimate blockchain solutions from hype-filled promises. Without this knowledge or framework, […]