The Official Monetary and Financial Institutions Forum (OMFIF), an independent global think tank for central banking and economic policy, announced the launch of its Digital Monetary Institute earlier this month.The Institute intends to build bridges between the worlds of digital currencies and traditional banking, and has a focus on payment instruments in wholesale and retail […]
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Bitcoin (BTC) is not what young investors should buy after the coronavirus crash, says the man who once said that the biggest cryptocurrency faces an “inevitable death spiral.”Speaking to CNBC on May 21, Peter Mallouk, president and chief investment officer at wealth management firm Creative Planning, claimed that stocks and bonds were better options than […]
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Three new Bitcoin (BTC) metrics are pointing to the sky despite $10,000 staying out of reach for BTC/USD this week. As revealed by Timothy Peterson of asset manager Cane Island Alternative Advisors, as of May 21, the largest cryptocurrency was still firmly bullish according to the three metrics that he personally uses.200-day moving average, Metcalfe and […]
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