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Cryptos

Alibaba’s Ant joins e-CNY currency trial

A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020.Aly Song | ReutersBEIJING — Ant Group, an affiliate of Alibaba, is becoming one of the first major privately run businesses to work with China's digital currency trials.MYbank — an online-only bank…
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A Deep Dive Into Bitcoin’s Contango

Bitcoin is trading in contango. But what does this mean?“Contango is a situation where the futures price of a commodity is higher than the spot price.” -InvestopediaNow, what’s a futures contract?“A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the
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Druckenmiller: USD Losing Reserve Status

In an interview this morning on CNBC’s “Squawk Box,” legendary investor Stanley Druckenmiller gave his view on the dollar’s stance as the world reserve currency and the current U.S. fiscal and monetary policy. Druckenmiller did not hold back his views on what the massive amounts of liquidity meant for the bond market, or the U.S. and its
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