A few days ago the St. Louis Federal Reserve entered the debate regarding crypto and specifically, the price of Bitcoin. In brief, the Fed is not very impressed. “Whither Bitcoin” asserts that the future price path is more likely to remain bounded between these two… Read More
This week, the Federal Reserve of St. Louis has added multiple cryptocurrencies to their data tracking service FRED. FRED has added four series on the prices of different cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, and Litecoin (but no Ripple), with the data is coming from Coinbase. All of the information is being updated… Read More
The Federal Reserve Bank of St. Louis is out with a paper on the “World of Cryptocurrencies.” Authored by Aleksandr Berentsen and Fabian Schär, the article addresses possible applications of cryptocurrencies, and blockchain technology in general. Schär and Berentsen conclude that “Bitcoin has a wide… Read More
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