Citi

The Federal Reserve’s rate cuts have been good for Bitcoin and the broader economy. Major banks like Goldman Sachs, Morgan Stanley, Bank of America, and others have adjusted their predictions for the impact of these cuts. These new predictions vary significantly between these banks’ respective analytics. Big Boost for Bitcoin The Federal Reserve decided on a 50-point rate cut, and different sectors of the crypto economy are rallying, including Bitcoin, which surged from $57,400 to $64,000. Bullish sentiment is sweeping…

Several big banks have announced today they are partnering with Marketnode for the Q4 of 2021. Citi, Barclays, BNP Paribas, BNY Mellon, HSBC, UOB, and Standard Chartered. Essentially, the banks are one the first adopters of the program. A Formidable Partnership Marketnode will co-create end-to-end DLT solutions and provide input for the development of the program. In addition, it will explore the expansion of the product beyond fixed income. DLT is a Distributed Ledger Technology digital system. This records the details of…