2019-10-29 00:07 |
The SEC has granted Paxos a no-action letter letting it settle equities products on a private blockchain.
Similar to Notcoin - Blum - Airdrops In 2024
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Paxos is planning to streamline equities settlement by using a regulatory compliant blockchain-based process. The Paxos Trust Company received a no-action relief letter from the US Securities and Exchange Commission (SEC) on October 28, in...
2019-10-29 09:03 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said.
Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.
While many bitcoin investors look for the asset to behave as a safe haven, bitcoin typically has ultimately acted as the riskiest of all risk allocations.
If the bitcoin price remains stable while everything else continues to crash, it would be a massive signal that more people recognize its value proposition.
Certain indicators of equity valuations exhibit overvaluation now. In the future investors will look for alternative assets to park their wealth.
A recent rise in 10-year U. S. Treasury yields appeared to be among the list of factors helping bitcoin gain in value. While bond investors see this surge as a precursor of inflation the market starts considering BTC as the better value proposition.
Bitcoin price took another dive while DeFi is still looking mighty attractive to investors.