House of Lords Committee Sees 'No Convincing Case' for UK CBDC

There is “no convincing case” for the U.K. to have a central bank digital currency (CBDC), a House of Lords committee has concluded. The Economic Affairs Committee of the U.K.’s upper house set up the enquiry in September to explore how a CBDC might affect the role of the Bank of England, monetary policy and … Read moreHouse of Lords Committee Sees 'No Convincing Case' for UK CBDC

Mike Novogratz Says Bitcoin Should Bottom Around $40K, Sees ‘Tremendous’ Demand From Institutional Investors

Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to bottom at around $38K-$40K. “I know big institutions who are going through their process to put positions on. They’re going to see those as attractive levels to buy,” he said. Mike Novogratz on Future Outlook of Crypto Market The CEO of Galaxy Digital, Mike … Read moreMike Novogratz Says Bitcoin Should Bottom Around $40K, Sees ‘Tremendous’ Demand From Institutional Investors

Genesis Trading Sees ‘Strong Signs’ of Institutional Crypto Investment Growth Accelerating Next Year

Genesis Trading’s head of market insights says that the institutional investment growth in the crypto space over the last 12 months “has been astonishing.” The executive added: “We’re seeing strong signs of that accelerating over the next year.” Strong Signs of Institutional Investment Growth Accelerating Next Year Noelle Acheson, head of market insights at Genesis … Read moreGenesis Trading Sees ‘Strong Signs’ of Institutional Crypto Investment Growth Accelerating Next Year