Libra and China Have Scared the Fed and The ECB Into Researching DLT
by
bitwomble
on 29/11/2019, 17:02:26 UTC
In today's Crypto News Report, TCG looks at the reactions from the US Federal Reserve and the ECB to Libra and China's forthcoming central bank digital currency, and well as efforts to pass permissive crypto regulation in Switzerland and Germany.
11/30/19 Crypto Report - The Fed & ECB on CBDC, Record Bakkt Volume
by
bitwomble
on 29/11/2019, 15:57:30 UTC
In today's Crypto News Report, TCG looks at the reactions from the US Federal Reserve and the ECB to Libra and China's forthcoming central bank digital currency, and well as efforts to pass permissive crypto regulation in Switzerland and Germany. Also, Saudi Arabia and the UAE will build an oil refinery and launch a virtual currency together. Meanwhile, HSBC has announced plans to securitize $20 bln in assets within four months, and Bakkt posted record daily volume for its BTC futures contracts.
TCG has taken profit from his long at $6,600. In the latest update, he discusses his next price targets, and the performance of top altcoins against BTC during the recent crash.
That Crypto Guy has longed Bitcoin. In this market update, he explains why, and takes a look at Tezos' de-correlation from Bitcoin during today's dip - with Tezos comprising the only market ranking among the top 30 by capitalization to post a 24 hour gain.