With Citibank telling institutional clients BTC is a 6-digit moonshot and Fidelity now debunking common bitcoin concerns, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
This episode is sponsored by Crypto.com and Nexo.io.
Today’s stories:
Record Levels of Negative-Yielding Debt Strengthen Case for Bitcoin: Analysts
With negative-yielding bonds at a new high, investors are looking elsewhere for returns.
Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE’s responsibility.
Fidelity’s Crypto Arm Responds to 6 Common Bitcoin Criticisms
Fidelity Digital Assets has responded to some of bitcoin’s most frequent criticisms citing heightened interest in the cryptocurrency.
Citibank Executive Says Bitcoin Could Pass $300K by December 2021
A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin.
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