DeFi will provide good regulatory test for SEC, says Commissioner Peirce

Hester Peirce, commissioner for the U.S. Securities and Exchange Commission and known by the nickname “Crypto Mom,” welcomes the challenge of regulating DeFi. In a speech for a George Washington University Law School event on the digital economy, Peirce said decentralized finance, or DeFi could be the alternative legacy financial system many are seeking given the surge in anti-Wall Street sentiment surrounding the short squeeze of GameStop stocks. The SEC Commission said the technology could provide a “very good test” for the regulatory body in protecting investors and markets. “Although…

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2021 Bitcoin Investment Research Report – Bitcoin Magazine

Bitcoin, the decentralized digital currency, was established on January 3, 2009 by Satoshi Nakamoto, the pseudonymous developer(s) who pieced together its original source code. Satoshi mined the very first Bitcoin block and received 50 BTC for the work. After that, the decentralized cryptocurrency network was born, and it would begin to grow and spread throughout the world like a virus. Bitcoin’s price has surmounted a wall of worry since this 2009 origin. It went from few people thinking it has value, to millions of people around the world buying and…

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Bitcoin Market Cap Tops $1 Trillion For First Time Ever

Bitcoin price just touched $54,000 per coin, and at a circulating supply of more than 18.6 million BTC, that brings the total market cap of the first ever cryptocurrency to $1 trillion. Here’s what this incredible milestone means for the leading cryptocurrency in the the market. From $100 Billion To $1 Trillion In A Year It was only months ago, when Bitcoin’s market cap reached on par with the likes of VISA and Mastercard, and other major banks. Weeks ago, it beat Tesla’s cap shortly after the company revealed it…

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Established DeFi Firm Delta Financial Launches New Project

The relatively illiquid side options of trading have slowed the passage of information between option markets and underlying assets. Delta Financial launches new projects to revolutionize the DeFi space. This post seeks to explore this new project and its potential impact on the decentralized finance industry. In September of 2020, Delta Financial launched Core Vault, which offers a new form of liquidity provision. This liquidity provision called “Open Vesting Liquidity” allows users to participate in the DEX without purchasing CORE LP directly. The anonymous Delta team announced the launch of…

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Price analysis 2/15: BTC, ETH, ADA, XRP, DOT, BNB, LTC, BCH, LINK, XLM

The sharp recovery in major altcoins and Bitcoin suggests the uptrend remains intact. A large part of the current crypto bull run has been driven by institutional demand. But for the first time, the institutions may be stepping back. According to CryptoQuant, the Coinbase Premium Index, the difference in Bitcoin’s (BTC) price on Coinbase Pro and Binance, has turned negative, which suggests that pro traders may be taking profits. The institutional selling needs to be monitored closely because roughly 3% of the Bitcoin in circulation is held by these investors.…

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After New ATHs, What’s Next For BTC? – Bitcoin Magazine

It may be a milestone that is losing some of it’s novelty, but bitcoin once again eclipsed its all-time price high this week, reaching a USD value of $49,000 on Bitstamp today. Sometimes bitcoin’s price movement can be difficult to parse but, in this case, there was a series of significant news items and events that likely propelled BTC to its current heights. What Pushed Bitcoin To Its Latest ATH? The bitcoin bull run that has been ongoing since early 2020 has had a seemingly synergistic relationship with major institutions…

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Parabolic Move In Bitcoin “Imminent” After Breaking Bearish Ceiling

Bitcoin today smashed through its short-term “bearish ceiling” set after running into resistance earlier this week. With the level now out of the way and cleared, the asset’s larger parabolic move continuing is “imminent,” according to one crypto capital manager. Here’s what the rest of the parabolic move might look like, once the uptrend regains its previous momentum. Bitcoin Blasts Through Bearish Ceiling, Nabs Another New Record High Following the news that Tesla had bought $1.5 billion in Bitcoin, the leading cryptocurrency by market cap posted among its largest daily…

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Will Decentralized Token Issuance Platforms Legitimize DeFi?

The DeFi industry is bound to undergo some crucial changes over the coming years. After noting initial successes, there are still serious concerns regarding the issuance of new tokens and Ethereum’s ecosystem fracturing. Addressing those issues requires out-of-the-box thinking. The Current DeFi Token Platform Issues For anyone who is not a degenerate decentralized finance enthusiast, trusting new DeFi tokens out of the blue is challenging. Most of these tokens and projects do not undergo audits, putting users at severe risk. With no quality assurance in place and a lack of…

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