Tags : ignore

Blockchain

Second-Largest US Bank Says Crypto Is Too Big to Ignore

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW covers some of the topics he’s missed throughout the week, including: A new report from Bank of America that calls digital assets “too big to ignore” US Bank custodying crypto via NYDIG An underperforming jobs report Bitcoin futures ETF speculation hits fever pitch […]Read More

Blockchain

Bitcoin Peeps Above $56K, May Ignore US Jobs Report —

Since the onset of the coronavirus pandemic in early 2020, bitcoin has become sensitive to critical macro data releases, like the NFP, influencing the Fed’s monetary policy. This time, however, the cryptocurrency could ignore the data, even if it beats estimates and cements the case for the Fed taper. A weak report would, in any […]Read More

Market

Bank of America Launches Research for ‘Too Large to Ignore’

“Bitcoin is important with a market value of ~$900bn, but the digital asset ecosystem is so much more: tokens that act like operating systems, decentralized applications (DApps) without middlemen, stablecoins pegged to fiat currencies, central bank digital currencies (CBDCs) to replace national currencies, and non-fungible tokens (NFTs) enabling connections between creators and fans.” Source linkRead More

Bitcoin

Deutsche Bank report: “Bitcoin is too big to ignore”

Now that the crypto market is worth over $1.8 trillion, Deutsche Bank stated that Bitcoin is “too big to ignore,” according to a report. The report outlines the challenges of Bitcoin becoming a medium of exchange or an asset class. It notes that the inherent volatility of the crypto market will continue to rise and […]Read More