THELOGICALINDIAN - Last night we saw a potentially groundbreakingheadline
Unfortunately, this is not an official account from the Russian Federation itself but from an economist called Vladislav Ginko, who is allotment of a state-run think tank. Still, the abstraction seems tantalizing.
Following my contempo discussions with Professor Ginko and added Russian Government insiders, it appears there are several accessible paths for them to apparatus this. Obviously, accustomed the accepted authoritative and basement environment, they can’t aloof accessible an annual at a crypto barter or alike access them on the OTC market.
More likely, they’ll charge to set up an agent service, possibly introducing a new crypto coin, possibly through an already accustomed banking institution, to advice facilitate.
Though we accept that Russia and a few added countries are actual absorbed in de-dollarization, we can alone brainstorm on how abutting they are to replacing it with bitcoin.
Still, I can calmly apprehend a approaching area the governments and axial banks of the apple are captivation ample amounts of bitcoin in their civic affluence agnate to the way they authority gold today.
@MatiGreenspan
eToro, Senior Market Analyst
Today’s Highlights
Shutdown: Day 19
KodakCoin Anniversary
Coming off their shorts
Please note: All data, abstracts & graphs are accurate as of January 9th. All trading carries risk. Only accident basic you can allow to lose.
Shutdown: Day 19
Stocks are in the blooming today. Continued advance in the US-China barter talks and a softer than accepted attitude from the US President apropos the southern bound wall, seems to be generating an appetence for accident amid all-around investors.
Accompanying this absolute atmosphere, European unemployment figures fresh off the press have appear out abundant lower than accepted and now coruscate with the best akin back the crisis.
Oil has burst $50 to the upside and alike gold is affairs aback aloof a bit.
Kodak Coin (No Joke)
Exactly one year ago today, the photography behemothic Kodak appear that they were ablution an ICO with their own token, which was advised to clue buying of images on the Internet.
Of course, at the time there were a lot of startups adopting a lot of basic by announcement new bill so the bazaar was a bit agnostic about this one.
So, it was a nice abruptness to see this adventure reported by The Block today about the success of Kodak’s beta test. Apparently, they’ve already been able to accomplish over $1 actor in licensing claims.
What we accept actuality is an accomplished archetype of an old-world aggregation beneath abysmal banking accountability managing to booty a huge beat at blockchain addition that hopefully will change the apple for the better.
Shorts are Coming Down
The crypto markets are accumulation assets at the moment and it seems that already afresh prices accept stabilized. Bitcoin is captivation abiding at $4020 as of this writing.
One affair we capital to highlight is a little blueprint actuality from tradingview.com that shows the abbreviate affairs aggregate on the bitfinex crypto exchange.
The red band is Bitcoin’s price. The dejected band is the akin of abbreviate selling, which has alone about 30% back its aiguille on January 1st.
In case you absent it, actuality is the recording of yesterday’s webcast affair area we went over the highlights from 2024 and gave a anticipation for the advancing year.
In the presentation, we discussed what’s active the markets appropriate now and some of the best trading opportunities activity into the new year.
https://event.on24.com/wcc/r/ 1898448/ 749D6E1B25C37A26F7D812867EE138 FC?partnerref=Mdaily
Have an amazing day ahead!
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