Top Headlines
- The Bitcoin surge continues! At time of publication, the price neared $40,500, with no signs of stopping its climb (Coin Telegraph)
- The cause of Bitcoin surges are often not easily understood, with price spikes taking place more often on weekends. The pricing volatility leaves some investors wary of taking the plunge into crypto markets (Bloomberg)
Cryptocurrency Spotlight:
- The Office of the Comptroller of the Currency released new guidance advising that national banks and federal savings associations are now permitted to engage in decentralized networks and use stablecoins to settle payments (The Wall Street Journal)
- California-based Wave Financial has tokenized Kentucky whiskey barrels, offering fractional ownership via its Kentucky Whiskey 2020 Digital Fund to investors wishing to cash in on the whiskey’s value as it ages (MarketWatch)
- The mayor of Miami, Florida expressed interest in moving 1% of the city’s reserves into Bitcoin this week, no doubt intrigued by Bitcoin’s latest surge (CryptoGlobe)
International Spotlight:
- ? Despite Ripple’s ongoing legal battles, investors in Asia are betting on Ripple coming out unscathed and following in the footsteps of the surging global cryptocurrency markets (Coindesk)
- ?? Her Majesty’s Treasury in the United Kingdom is seeking public comment on the regulation of stablecoins and cryptocurrency, with the public comment period ending on March 21, 2021 (Coin Telegraph)