According to a CNBC report, the new Treasury Secretary Janet Yellen has opined that Bitcoin is an inefficient way of conducting transactions.
She further stated that Bitcoin by itself is highly…
Just when it seems the market has rebounded for good, Bitcoin and the general crypto market went into a dive on February 23, extending the correction into its second day.
Purpose…
Bitcoin descended into freefall from a high of US$57.000 to touch the US$48,000 level, representing a 16% drop. The general crypto market also experienced the same market mayhem with some…
Crypto Market Summary
Last week marked the launch of two Bitcoin ETFs in North America
Bitcoin ETFs seems to have assisted in the Bitcoin price rally last week
For this…
In a recent CNBC interview, Cathie Woods, CEO of Ark Invest, mentioned that the probability of a U.S.-based Bitcoin ETF happening is higher now. Chief among the factors favouring the…
It seems money always find its way. Galaxy Digital is teaming up with CI Global Asset Management to launch the CI Galaxy Bitcoin ETF (BTCX) in Canada.
CI Global Asset Management…
U.S. short-term Treasury Bills are increasingly in short supply, despite their necessity to act as collateral in a wide range of other trades and transactions
Shortage of short-term Treasury Bills…
First North American Bitcoin ETF launches with a bang as US$165 million worth of shares traded on the first day
Physically-settled Bitcoin ETF removes Bitcoin out of the tradeable supply…
Spiking borrowing costs weighs on risk sentiment for stocks and other risk assets
Investors may need to start scrutinizing earnings again
Ian Fleming’s James Bond arguably wouldn’t be quite as impressive…
U.S. state unemployment claims hit a 4-week high, providing the data needed for Biden to push through his US$1.9 trillion fiscal stimulus package
Employment data tends to be a lagging…