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Friday, 19 June 2020

SEC Chair Clayton Nominated as US Attorney for New York

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SEC Chairman Jay Clayton has been nominated to become the U.S. Attorney for the Southern District of New York, replacing outgoing U.S. Attorney Geoffrey Berman, who will step down by July 3.

via CoinDesk https://www.coindesk.com/sec-chair-clayton-nominated-as-us-attorney-for-new-york

Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen

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Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.

via CoinDesk https://www.coindesk.com/market-wrap-bitcoin-spot-volumes-are-weak-while-options-and-defi-strengthen

New York Fed’s ‘Bitcoin Is Just Another Fiat’ Claim Sparks Controversy

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Economists at the New York Federal Reserve think Bitcoin is a fiat currency. Nic Carter thinks the New York Fed is "insane."

via CoinDesk https://www.coindesk.com/is-bitcoin-fiat-new-york-federal-reserve

DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens

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Startups built on Compound's decentralized lending protocol are now pondering the second-order effects of COMP's price surge.

via CoinDesk https://www.coindesk.com/defi-startups-built-on-compound-weigh-what-to-do-with-200-comp-tokens

Tether’s Supply on Compound Jumps to Over $224M in a Week

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Tether's volume on decentralized lender Compound has quadrupled to over $224 million in just a few days, and is by far the dominant stablecoin on the platform.

via CoinDesk https://www.coindesk.com/tethers-supply-on-compound-jumps-to-over-224m-in-a-week

Why Monetary Debasement Is Here to Stay, Feat. Dr. Vikram Mansharamani

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From technology to aging demographics, some of the most important trends shaping the economy have been deflationary. What happens when that rapidly changes?

via CoinDesk https://www.coindesk.com/why-monetary-debasement-is-here-to-stay-feat-dr-vikram-mansharamani

Ex-Kraken Trading Head Leads Crypto Quant Fund With $23M in Assets, $2.3B in Trades

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A little-known virtual currency fund heavy on math and statistics is turning a steady profit under a lead trader who once oversaw a major cryptocurrency exchange.

via CoinDesk https://www.coindesk.com/ex-kraken-trading-head-leads-crypto-quant-fund-with-23m-in-assets-2-3b-in-trades