- Major central banks worldwide embracing austerity due to macroeconomic indicators, while China and Turkey cut their base rates.
- U.S. Senate banking hearing maintains that “DeFi is gambling”, warms to Web 3.0
- Whale holding 28,885 BTC takes in 2,5000 BTC more over 18 purchases
- Ukraine’s central bank Uses Stellar To Pilot New Digital Currency Program, currently undergoing testing
- Fed Chair Powell highlights
- “Crypto is not a threat to financial stability”
- “Stablecoin useful if properly regulated”
- IMF chief economist, “banning of crypto poses challenges”
- Ray Dalio on cryptocurrency
- He has incorporated a small amount of BTC to his portfolio
- While not an expert, maintains bitcoin has some merit as a small portion of a portfolio
- Bitcoin is like ‘gold, though gold is the well established blue-chip alternative to fiat money. ’
- Michael Burry has also recently withdrew his position on bitcoin
- Visa to continue support of crypto ecosystem
- Mastercard maintains crypto useful for overseas transactions, seeking opening in NFT market
- Paypal working on expanding platform, including efforts to enable interaction with DeFi network and wallet transactions
- Huobi Global exits Chinese mainland
- Russian central bank looks to bank crypto investments, presumably as action against surging demands for “mining” equipment
- Chinese selling spree continues within last month as government prepares for winter olympics and CBDC launch
- Number of crypto wallets holding more than 0.01 ETH reaches record high