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India to have a ‘window’ for Bitcoin, says minister amid crypto ban FUD

15.3.2021
The Ministry of Finance of India continues to form a careful position on private cryptocurrencies

$60K meets whale sellers: 5 things to watch in Bitcoin this week

15.3.2021
Inflows to exchanges spike as BTC/USD drops under $58,000 — what could happen next?

Dropping GBTC Premium: Anonymous Group Claims Blockfi Facing Solvency Issues Due to Exposure to the BTC Trust

12.3.2021
An anonymous group has claimed that Blockfi, which has an estimated $1.8 billion in customer assets invested in Grayscale Investment’s GBTC, is facing potential insolvency issues associated with the negative premium on the GBTC shares. Using the negative premium of minus 7.89% on the GBTC...

Reserve Rights (RSR) gains 300% as stablecoins gain regulatory approval

9.3.2021
Global stablecoin adoption and uncontrolled hyperinflation in Venezuela and Argentina have helped push Reserve Rights to a new all-time high

No crypto ban in India: Finance Minister predicts “very calibrated” stance

6.3.2021
No blanket ban on the horizon, with an open "window" for experimentation in India says Nirmala Sitharaman

‘The Fed Is Trapped’- Erratic Bond Markets, Exhausted Supplies, Analyst Says Tsunami of Treasury Issuances Underway

5.3.2021
The U.S. Federal Reserve is in a predicament as fiscal deficits erode the American economy and the nation is seeing a spike in benchmark 10-year Treasury yields. Meanwhile, Federal Reserve Chairman Jerome Powell expressed zero worries about inflation during an interview at a Wall Street Journal...

Law Decoded: Loose ends and long dramas, Feb. 19–26

26.2.2021
Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week's newsletter

Indian Central Bank Informs Government of Major Crypto Concerns — Digital Rupee ‘Receiving Our Full Attention’

25.2.2021
India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of India (RBI)...

India’s largest crypto exchange adopts decentralized Unstoppable Domains

25.2.2021
India's largest cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation's impending Bitcoin ban

Fed chair says it's up to Congress to bring a digital dollar to market

24.2.2021
Jerome Powell added that the Federal Reserve needed to consider the health of other markets when creating a digital currency

All of the Federal Reserve's wire and ACH systems are down

24.2.2021
"A Federal Reserve operational error resulted in disruption of service in several business lines," said Jim Strader from the Richmond Fed

The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’

24.2.2021
Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U.S. Treasury Secretary Janet Yellen on the benefits of issuing a digital dollar. The Fed Is Looking...

India's central bank ‘very much in the game‘ with digital currency project

24.2.2021
The Reserve Bank of India is getting ready to launch its own central bank digital currency

Federal Reserve Appoints Pro-Bitcoin Chief Innovation Officer

23.2.2021
A pro-bitcoin head of digital assets from TD Ameritrade has been appointed as the Federal Reserve System’s chief innovation officer. This is “a new role in which she will lead efforts to identify, research, enable and advocate for new technologies,” the Fed explained....

Bitcoin prints biggest hourly candle in history after BTC rebounds strongly to $54K

22.2.2021
Fresh criticism from the U.S. treasury secretary fuels an already fierce correction, briefly taking Bitcoin to $47,400 lows

Federal Reserve Bank President James Bullard Confident Bitcoin Not a Threat to US Dollar

21.2.2021
The president of the Federal Reserve Bank of St. Louis, James Bullard, has shared his view on the future of bitcoin. He is confident that the cryptocurrency poses no threat to the U.S. dollar. Referencing the unpopularity of various versions of dollars issued before the Civil War by banks, Bullard...

As Millions Drown in Today’s Poverty Trap, Macro Strategist Raoul Pal Says ‘Bitcoin Is a Life Raft’

18.2.2021
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use...