New gold-based stablecoin by trading giant Mitsui reportedly on the way
Mitsui is reportedly planning to launch its gold-pegged stablecoin ahead of DCJPY, another major Japanese stablecoin project.
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JPMorgan Lowers Its Bitcoin Fair Price Estimate to $38K Amidst Volatility
Leading investment bank JPMorgan has changed its view on the estimate of bitcoin’s price on a long-term basis. The institution had estimated a long-term price of $146K back in November…
Bitcoin ‘Doji’ points to bullish reversal scenario as BTC holds $36K support
BTC is more than 50% down from its $69,000 all-time high and traders seem to have no clue about the digital asset’s next direction.
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC)…
Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current…
Fidelity exec says Bitcoin is ‘technically oversold,’ making $40K a ‘pivotal support’
3 key Bitcoin price indicators suggest that the $40,000 level will hold as support throughout 2022.
Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline
The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows…
What BTC price slump? Bitcoin outperforms stocks and gold for 3rd year in a row
But concerns remain that the cryptocurrency could fall harder than its traditional rivals in 2022 on the U.S. Federal Reserve’s increasingly hawkish tones.
Bitcoin Has Proven Itself, Says Billionaire Ray Dalio
Ray Dalio – a prominent investor and founder of Bridgewater Associates – believes humanity is entering an era where there will be a competition of money, and bitcoin will be…
Swiss Bank Seba Launches Regulated Gold Token, Aims to Bolster ‘Digital Ownership of Physical Gold’
On December 15, FINMA-licensed Swiss bank, Seba, announced the launch of a gold token that can be delivered in physical form, on-demand, at any time from the firm’s partner refineries.…
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