Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan

As a researcher with a background in finance and blockchain technology, I find JPMorgan’s CEO Umar Farooq’s comments during the BIS Innovation Summit insightful and reflective of the current state of public blockchains. Based on my understanding of the technology and the financial industry, I agree with his assessment that public blockchains are not yet … Read more

CBDCs, stablecoins must ensure libertarian values — former CFTC chair

As an analyst with a background in finance and experience in regulatory compliance, I find J. Christian Giancarlo’s perspective on CBDCs and stablecoins as instruments upholding libertarian values to be insightful and thought-provoking. His comparison of the digital currency landscape to the early days of the internet is apt, highlighting the need for openness, privacy, … Read more

Tether scales crypto payments in Eastern Europe with new investment

As an experienced financial analyst following the cryptocurrency market closely, I am particularly intrigued by Tether’s strategic investment in CityPay.io in Eastern Europe. This region holds immense potential for crypto adoption due to its unique economic and political circumstances. As a financial analyst, I’m observing that Tether, a leading stablecoin player, is amplifying its commitment … Read more

Ethereum struggles around $3K as short positions surge: What now?

ETH traded at $3k at press time. The cumulative short liquidation of Ethereum rose to over $800 million. As a researcher with experience in cryptocurrency markets, I’ve been closely monitoring Ethereum’s [ETH] price movements and liquidation trends. Based on the data available at press time, it appears that Ethereum traders are increasingly betting on a … Read more