POKKET: Crypto Market Update (Sep 11)
Bitcoin is softer -1.8% to $45.1k, ETH is -4.0% to $3240. Movers are POND +42%, NMR +27%, SRM +10%, AST -15%, FET -13%, STMX FIS CELR -11%, AUDIO SAND TRU -9%.
Crypto as a whole has dropped, alongside the S&P which fell for the fifth day in a row and ending the week -1.7%.
Mastercard bought CipherTrace in order to boost crypto security and compliance, for an undisclosed sum.
The BIS has called on central banks to start acting now to crypto and DeFi, as Benoit Coeure says these will “challenge” bank models and they “have to act while the current system is still in place — and to act now”.
Two Virginia pension funds are making moves to acquire more Bitcoin, essentially doubling their cumulative positions of $100M+.
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