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A Glimpse at Ripple, R3, and SWIFT in Building Robust DLT Platform – Trios to Transform Global Payment Infrastructure

Polish economy begins 2019 on strong footing, retail sales likely to have accelerated in January

After tokenization, Nasdaq eye on bitcoin and ethereum indices

Reserve Bank of Australia may cut cash rate in 2019 to support economic activity

US SEC and CFTC’s eagle eye on crypto-derivatives, Duos to work jointly to keep regulatory frameworks more conducive and effective

Technology is useful, but drones alone won't save Africa's elephants

FxWirePro: Derivatives Trades for High-Carry Currency Among G10 FX Universe

FxWirePro: A run through on richness and cheapness among G10 FX universe

Mounting Interests of Wall Street Players in Crypto-Avenue - JP Morgan Comes With JPM Coin, Is Facebook Launching Facecoin?

Euro area flash services PMI index rises above expectations in February, manufacturing index falls sharply

U.S. durable goods order likely to have grown strongly in December

IBM’s successful blockchain trail on cost-effective shipment for efficient SCM

FxWirePro: Asian markets slightly down, gold flat at $1,325 mark

Norwegian oil investment likely to grow strongly in 2019, shows survey

FxWirePro: Old Wine In The New Bottle, If Hedging Sterling Awful, Swiss franc Instrumental

Both democracy and authoritarianism are on the rise in Africa

US SEC Continues Deferrals of Bitcoin ETF’s Approvals, BTC/USD Prolongs Bearish Streaks

Lamborghini Up for Sale - Founder of Morgan Creek Capital Prefers Bitcoin Instead of Eclectic Collection of Cars

Tuesday, January 8, 2019 9:33 AM UTC
0
comments

As the people involved in the crypto-space have been emerging and evolving, their roles in the industry are also correspondingly shifting trend. Umpteen number of crypto-aspirants changed from just being investors to have been very keen on this industry. 

We witness a recent incident that Jason A Williams, the founder of Morgan Creek Capital Management weighs-in on his new cryptocurrency desperation, who has kept his lavish Lamborghini open for sale in order to fund to buy Bitcoin.

This, would certainly, be contrary to the ‘when lambo’ thread involving bidding for the outlandish super car with extravagant cryptocurrency returns.

Well, from last two days, Bitcoin price seems to be edgy but still remains well above US$4000 with spike of 7.23% new year rallies so far.

“I’m going to do something that has never been done in crypto,” he twitted. His idea of Lamborghini for sale for buying Bitcoin with the money he gets could be perceived as the absurd or unwise idea by quite a few critics. But that’s what is likely to happen when your instincts become priority that are backed with robust convictions on any asset class.

He seemed to have been bored of his eclectic collection of cars, instead, he might have reckoned that it is worthwhile to divert his money into the buzz world. Perception varies from investor to investor regardless of active or passive approach in their strategies.

Currency Strength Index: FxWirePro's hourly BTC spot index is flashing at 130 (which is bullish), while hourly USD spot index was at -117 (bearish) at 09:30 GMT.

For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex

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Economics Monitor

February 22 20:00 UTC Released

USFCOJ Stock

Actual

0.548 Pounds B

Forecast

Previous

0.529 Pounds B

February 22 20:00 UTC Released

USBeef Stocks

Actual

495.624 Pounds M

Forecast

Previous

514.72 Pounds M

January 31 00:00 UTC 558672558672m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 558672558672m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 570492570492m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 558672558672m

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Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 570492570492m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 558672558672m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 558672558672m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 558672558672m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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