ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable
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A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive. ECB Paper: Stablecoins Are Susceptible to […]

Brazilian CBDC Drex Envisioned to Replace Current Transaction System
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Fabio Araujo, the coordinator of Drex, the Brazilian CBDC, envisions this network substituting the current national transaction system and moving all the funds currently settled by the Reserve Transfer System. However, he stated that this would take some time, as the cost of this migration would be significant. Drex Coordinator Envisions Total Substitution Of Traditional […]

Canary Capital Files SEC Registration for XRP ETF
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Canary Capital Group LLC has officially submitted a registration with the U.S. Securities and Exchange Commission (SEC) for its proposed Canary XRP ETF, aimed at providing investors with exposure to XRP. The exchange-traded fund (ETF) is designed to give investors an option other than directly holding XRP, making access easier through traditional brokerage platforms. Canary […]

Who is Satoshi Nakamoto? Does it even matter in 2024?
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The cryptocurrency world is abuzz with HBO’s upcoming documentary about the mysterious creator of Bitcoin, Satoshi Nakamoto. For years, the enigma surrounding Nakamoto’s identity has fascinated both crypto enthusiasts and mainstream audiences. But the burning question is: Does it even matter who Satoshi is, especially in 2024? This is an opinion editorial published by a […]

Microstrategy’s Stock Surges 185% in 2024, Outpacing Bitcoin Holdings
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On Tuesday, while bitcoin dipped more than 2% against the U.S. dollar, shares of the business intelligence firm Microstrategy soared over 6% from the day before. The company’s stock has outpaced bitcoin’s performance this year, climbing over 185% since January compared to bitcoin’s 47% increase. Microstrategy’s Stock Climbs 185% Year-to-Date, Other Firms Test the Holding […]