Consumer protection and regulation are key to making digital assets worth trillions. FTX exchange's Sam Bankman-Fried weighs in. PLUS: Crypto billionaires face off over FTT token. This week's CPI report in focus. JPRubin23 thesamreynolds liqquidity
, for what it's worth, was trading around $21,000 after hitting a fresh seven-week high on Saturday. The largest cryptocurrency's recent gains has pushed it over key levels on price charts, potentially signaling a crucialfinished last week on a moderate upswing as the tech-heavy Nasdaq, S&P 500 and Dow Jones Industrial Average closed Friday up more than a percentage point – in sync with a 4.7% gain that day for bitcoin.
"The midterms and inflation data will no doubt keep market participants busy," Deutsche Bank economists wrote in a report.JPMorgan’s Umar Farooq, its blockchain unit boss, said something in very plain language about the future of institutional involvement in crypto during theFarooq was referring to exactly what it would take for banks to get involved in digital assets.
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