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MARKETS DAILY: Are Governments Feeling the FOMO?

7.1.2020
With bitcoin setting a blistering pace for 2020, Markets Daily is back with all the news that matters, plus a look at several stories on the escalating, global interest in blockchain by governments

Market Update: Top Cryptos Face Strong Resistance Ahead

7.1.2020
On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased...

Turkey Prepares to Increase Oversight in the Crypto Space

6.1.2020
Turkish authorities, alarmed by the spread of cryptocurrencies in the country, are reportedly ramping up efforts to introduce greater oversight into the sector. Local media revealed that regulators are under pressure to increase supervision in 2020 because of the growing popularity of decentralized...

Bitcoin as a Safe Haven? US-Iran Tensions Rekindle Debate

6.1.2020
Bitcoin’s recent price jump after the U.S. killing of a top Iranian official has rekindled a long-running debate among investors: whether it will work as a safe-haven asset like gold in times of heightened geopolitical and economic turmoil

MARKETS DAILY: Who Should Be Allowed to Invest?

6.1.2020
With bitcoin rising for the fourth straight day, now at a two-week high around $7500, up about 10 percent from Friday’s lows, it's CoinDesk's Markets Daily for todays news and analysis

Stablecoins Are Crypto’s Version of Fractional Reserve Banking

6.1.2020
Stablecoins provide much sought after stability in the volatile crypto markets. They are sometimes even said to affect the price of bitcoin in drastic fashion. Tether (USDT) in particular continues to be widely scrutinized for this, with recent lawsuits about conflicts of interest and price...

John McAfee Plans to Tokenize All 535 Members of US Congress

5.1.2020
On Saturday, the notorious John McAfee revealed a new project he’s launching that aims to tokenize all 535 members of U.S. Congress in order to sell them on the open market. McAfee said that the U.S. representative tokens will be listed on his exchange McAfeedex so people can find out what...

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