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VIX Crashes Back Below 20 After Futures Expiration

Spot VIX briefly spiked above 25 when hotflation sent markets into brief turmoil, but once the Feb VIX futures had expired, it was a one-way-street of VIX-selling euphoria…



Story image for vix from CNBC

‘Whistleblower’ alleges manipulation in the VIX ‘fear gauge,’
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Price of Bitcoin, Ethereum and Ripple surges as European Central Bank dismisses cryptocurrency ban fears

Price of Bitcoin, Ethereum and Ripple surges as European Central Bank dismisses cryptocurrency ban fears

The price of Bitcoin and other main cryptocurrencies went up today following the European Central Bank declaration dismissed anxieties of an impending prohibition. Last month, the fall of Bitcoin grew so severe that the sharp drop was purported as a ‘bloodbath’ and a ‘horror show’, before ultimately being referred to as the ‘cryptopocalypse

Though after, the price of most key virtual currencies has been climbing, even though all crypto-markets continue highly volatile and susceptible to significant wobbles. The price of one Bitcoin is resting at about $8,800 this morning, which is an rise of about $400 from its lowest point yesterday.

Mario Draghi says it was not his organisation’s task to regulate Bitcoin. The price of Bitcoin has been on the up for the past 2day

Mario Draghi additionally cautioned the public about the risks linked with the volatile cryptocurrency, which is vulnerable to dramatic surges and failures. Authorities are exhibiting a growing appetite for new rules to set the crypto-markets, which have regarded wild price swings and a series of heists as well as a rapid expansion in thenumber of coins on offer.



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BIS ChiefWarns Against a “Systemic Threat” Of Bitcoin

BIS ChiefWarns Against a "Systemic Threat" Of Cryptocurrencies,

BIS ChiefWorries about a "Systemic Threat" Of Cryptocurrencies, Prompts "Pre-emptive Action" From Government bodies "If authorities do not act pre-emptively, cryptocurrencies could become more interconnected with the main financial system and become a threat… " The Chief of the Bank for International Settlements (BIS) has attacked bitcoin as a "combination of a bubble, a Ponzi scheme and an environmental disaster."   Augustin Carstens questioned Tuesday the sustainability of bitcoin and other cryptocurrencies and advised regulators had a obligation to clamp down on the monetary technology



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A Very small|A Little Canadian Bank Presents Digital Wallet For Bitcoins

A Small|A Little} Canadian Bank Presents Digital Vault For Bitcoins.
VersaBank, a Virtual Canadian chartered bank, is developing an innovative “Blockchain-based digital safety deposit box” for bitcoin and other cryptocurrencies .

 the Bank revealed the recruiting of a Chief Architect of Cyber Security  to organize a group of designers in creating a innovative Blockchain-based digital safety deposit box, named as the VersaVault. The service will be available by June and will serve as a means to secure cryptocurrencies.

It is known that physical monetary assets such as precious metals be stored in Switzerland, Hong Kong, and even Singapore, but when it comes to electronic assets, could the country of choice soon be Canada? President and CEO David Taylor sure hopes so, and has positioned the bank to become a global leader in digital asset security from the perception of safety.

 . “The bank wouldn’t have any kind of back door to open up the vault, we’re just providing the facility that folks could put their digital keys in.”
 It is yet unknown how reliable a "blockchain-based" crypt will be compared to normal  hard drives

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