With bitcoin hovering round $32Okay for a fourth straight day and prime Ivy League universities mentioned to be accumulating crypto, CoinDesk’s Mar
With bitcoin hovering round $32Okay for a fourth straight day and prime Ivy League universities mentioned to be accumulating crypto, CoinDesk’s Market’s Every day is again with the newest information roundup.
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This episode is sponsored by Nexo.io.
As we speak’s tales:
Sensible Cash Shopping for Crypto as Harvard Stated to Be Holding
The mind belief has blessed cryptocurrencies, with endowments for Harvard and different universities reportedly lapping up digital property. For bitcoin marketeers, it’s a brand new $600B cash pot.
Small-investor stock-trading exercise on Robinhood, Charles Schwab and Morgan Stanley’s on-line brokerage exhibits no signal of slowing (WSJ)
GameStop short-sellers reload bets after $6B loss (Bloomberg)
“With the U.S. more and more reliant on international capital to compensate for its rising shortfall of home saving and with the [Federal Reserve’s] open-ended quantitative easing measures creating a large overhang of extra liquidity, the case for a pointy additional weakening of the greenback appears extra compelling than ever,” former Morgan Stanley Chief Economist Stephen Roach writes in op-ed. (Bloomberg Opinion)
Collateralized debt obligations make their approach onto DeFi lending (CoinDesk)
It’s ‘frothy squared’ as crypto corporations line up for IPOs to faucet market mania (Bloomberg)
Mike Novogratz’s Galaxy Digital plans to launch Ethereum funds, from (Decrypt)
The market worth of DeFi tokens surged to $45B, triple the quantity at finish of October, reported by (Decrypt, utilizing CoinGecko knowledge)