Gary Gensler to Teach ‘Financial Technology’ at MIT

The former regulator had previously won the MIT Sloan Outstanding Teacher Award for the 2018-19 academic year. Former SEC Chairman Named MIT “Professor of the Practice” Before Gary Gensler became the SEC Chairman, he was teaching crypto at MIT, and on Monday, the university announced that Gensler would return to “teach and conduct research on … Read more

Ether’s (ETH) Worst Showing Versus Bitcoin (BTC) Highlights History of Diminishing Returns: Van Straten

Ether (ETH), the second-largest cryptocurrency, has fallen out of investor relative to bitcoin (BTC), returning the worst bull-cycle performance against its larger rival since the Ethereum blockchain’s inception in 2015. A comparison of the ether to bitcoin ratio across past cycles from the tokens’ respective lows shows consistent underperformance. The black line in the chart … Read more

$PEPE Whale Pockets Staggering $51.25M from Just $3K after a 6-Month Hiatus

A big $PEPE investor has recently gained crypto community’s attention by making an enormous profit after a significant silence. As per Spot On Chain, the $PEPE whale going by “0xc25” has obtained a $51.25M profit from only $3K following halting crypto activity for 6 months. The on-chain analytics platform took to social media to reveal … Read more

FOMC Holds Firm on Rates, Powell Sees No Hurry for Cuts

The FOMC unanimously held interest rates unchanged at 4.25%-4.50%.  Powell said policymakers are in no hurry to lower rates. The U.S. Federal Reserve kept the interest rates unchanged on Wednesday, maintaining the benchmark lending rate within the range of 4.25% to 4.50%. Fed Chair Jerome Powell underlined that the policymakers are in no rush to … Read more

XRP’s Future Looks Bright Amid SEC Silence, Whale Accumulation, and Strategic Talks

The dialogue around XRP Ledger ($XRP), as a potential investment in cryptocurrency, has been amping up, with some investors and analysts becoming more vocal about their long-term bullish takes. Supporters of XRP now frequently highlight its so-called utility in the world of “tradfi,” or traditional finance, as something that could make it a very valuable … Read more