Bitcoin (BTC) Outclasses Major Fiat Currencies And Equities In Q3
Bitcoin, the de facto leader of all cryptocurrencies, will be entering the month of November this 2022 with trading price that is severely subpar with what it had the same month last year. The digital asset achieved a milestone on November 10, 2021 when it attained its all-time high (ATH) value of $69,044 which pushed […]
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FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can be purchased with fiat-backed stablecoins.
FTX US Launches Beta Equities Trading Platform
FTX US customers phased in through the firm’s private beta waitlist can now leverage the platform to purchase stocks and ETFs. The company says the new feature offers hundreds of select....
Kraken today will become one of the first major international exchanges to trade DAO tokens — and users will be able to trade directly between DAO and five different fiat currencies. The exchange will begin trading around 12pm UTC (7am EST) on Saturday, May 28, just hours after DAO tokens themselves become transferable. As well as the five major trading....
While fiat currencies around the world are collapsing, bitcoin is a safe alternative that is extremely liquid for those who need to exchange for cash.
As fiat currencies crash against the USD, it makes sense to start using bitcoin denominations, even for day-to-day expenses.
A new report from the SWIFT Institute has found that fiat currencies are more likely to crowd out digital currencies such as bitcoin. The paper, Virtual Currencies: Media of Exchange or Speculative Asset? [PDF] analyses the dynamic relationship between virtual currencies, such as bitcoin, and fiat currencies. The research looked at whether or not the design and the size of virtual currencies could pose an immediate risk to monetary, financial or economic stability. The paper found that fiat currencies are more likely to crowd out virtual currencies and that the design and size of virtual....