U.S. banking agency gives blockchain bank OpenReserve initial OK to operate
The U.S. Office of the Comptroller of the Currency gave a new charter to OpenReserve Bank, a blockchain bank backed…
Category: Financial
What Is ‘Red September’? Bitcoin’s Curse, and Why Wall Street Has the Same One
In brief Bitcoin has closed 8 of the last 13 Septembers in the red, averaging a 2.97% loss, the worst…
Solana, ether, xrp lead majors slide as Iran strikes drive a broad risk selloff
The selling that followed U.S. airstrikes on Iran did not land evenly. Solana and tron each shed more than 3%…
Bitcoin’s apparent demand turns negative as price struggles with $77K
Bitcoin ($BTC) sold off into the early European trading hours on Wednesday to hit local lows of $76,400, per data…
BIS Finds New Use Case for XRP Ledger
The Bank for International Settlements (BIS) has tested the $XRP Ledger as a public verification layer for economic statistics. With…
India’s Equity Premium Is Cracking: Why Global Investors Are Losing Faith While Indians Keep Buying
India’s stock market is currently facing a strange phase with significant pressure from an unusual source. While Indian investors continue…
Analyst Raises Robinhood Stock Price Target to $145 But HOOD Retreats
The Robinhood (HOOD) stock price has extended its fall in the pre-market trading session today, despite a bullish outlook from…
XRP ETFs outperform Bitcoin ETFs by 100%
$XRP ETFs outperformed Bitcoin ($BTC) ETFs by roughly 106% on a net-flow basis on September 1, even as both cryptocurrencies…
Crypto Long & Short: Crypto VCs are mistaking consensus for discipline
Happy Wednesday, This is your institutional newsletter, Crypto Long & Short. This week: Later-stage deals took 57% of crypto venture…
Crypto Market Eyes US Job Data But JPMorgan Focuses on CPI for Fed Rate Hike Decision
The crypto market has retreated today, indicating that investors are treading cautiously ahead of the major economic data releases in…