Crypto Mania Could Give XRP an Additional Boost As I said above, cryptos large and small are still flying high. Dogecoin was worth as much as $55 billion on Friday, nearly tripling on the day. Reuters is for the first time reporting details of the latest round of meetings and the discussions about the future of Ma's control of Ant, exercised through a complicated structure of investment vehicles. Share Tweet Share Share Share Email The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan. 13). Benzinga does not provide investment advice. In addition, while as of late it’s beaten the SEC in the courts, things could go south at any moment. Gill — who goes by DeepF------Value on Reddit and Roaring Kitty on YouTube — is the man who helped inspire the GameStop short squeeze in January. Who wants to invest in an asset without any fundamentals t0 support it? The Office of the Comptroller of the Currency (OCC) has granted Anchorage a federal charter to operate as a national crypto bank. Gill found himself in the middle of the GameStop story after posting about large gains made from buying the stock before its 1,000% increase. 'Sell in May and go away,' advises the trading maxim. As dogecoin's gains top 9,392%, CoinDesk’s Adam B. Levine finds some surprising parallels between the top meme token and bitcoin. In order to overcome the chip crisis, the smelters, who ordered plenty of equipment, this time caused an equipment shortage. “Even if the optimistic earnings forecasts are met, the market would still be very expensive.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. (Bloomberg) -- Europe’s late but accelerating vaccination push is allowing monetary officials to begin pondering an economic future free of the curse of the coronavirus.While European Central Bank policy makers will reiterate existing emergency stimulus settings with a horizon of March 2022 when they meet by video this week, the step-up in immunizations across the region has emboldened some of them to start a public discussion on what might happen when the pandemic no longer menaces the euro region.There’s a spectrum of views on that outlook. “Markets got too excited around $Coin direct listing. For now, they have the comfort of knowing that they still have time before any winding down of stimulus needs to begin, and in the meantime they can look across the Atlantic for a guide to the pitfalls.The Bank of Canada has already hinted that it might be one of the first Group of Seven institutions to start paring back monetary policy support. With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank, National Association.. The Company Can Reach 10 Million Users Through This Partnership. He appeared at a Congressional hearing in February regarding Reddit's influence on the market. Growth is expected to be just 5.6% in the fourth quarter. While tech is once again leading the market for the month of April, an advance of 9.9% for the group in the S&P 500 this year still trails seven of the 11 other main industries.As is usually the case, the tech group is expected to post strong growth in sales and earnings. (Corrects details of transaction starting in first paragraph. With things moving in its favor, XRP will likely continue to rebound with a vengeance. But this isn’t enough to have any value at all. In February, a class-action lawsuit was filed against Gill after the GameStop short squeeze. Anchorage Becomes First OCC-Approved National Crypto Bank The crypto industry has its first federally chartered bank: Anchorage. Anchorage, a cryptocurrency custodian has conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for a national trust charter. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now The post Ripple Could Climb Even Further After Stunning Comeback appeared first on InvestorPlace. 2021-01-13 18:25:08 Bitcoin broke to the upside and we maybe on our way to $45,00 but the possibility exists where Bitcoin could crash downwards to $25,000. Law360 (January 13, 2021, 10:13 PM EST) — The Office of the Comptroller of the Currency said Wednesday that it has conditionally approved cryptocurrency custody provider Anchorage for a national trust bank charter, positioning the new Anchorage Digital Bank NA to become what the startup is calling the first-ever federally chartered digital asset bank. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Institutional Custodian Anchorage Now Supports XRP. In South Africa, inflation is forecast to accelerate to 3.3%, back within the lower bound of central bank’s target range.For more, read Bloomberg Economics’ full Week Ahead for EMEALatin AmericaLook for Brazil’s economic activity indicator posted Monday to show a second straight decline in February, which reflects the end of government aid to poor families, rising prices and a deadly new phase of the pandemic.Though well short of the crisis in Brazil, a new wave of the virus in Colombia likely undercut February’s economic activity index after a -4.6% print in January.In Mexico, a report out Thursday should put bi-weekly inflation up near a three-year high, pressured by core goods and energy. Do this now. With speculators diving into Bitcoin, Ethereum (CCC:ETH-USD), and yes, even into meme cryptos like Dogecoin, this asset class overall could continue to move higher. Early April figures for South Korea will provide an even more up-to-date snapshot of the health of global trade, as will Taiwan export orders for March.Japan inflation numbers are still likely to show falling prices ahead of a Bank of Japan meeting the following week that is set to show inflation failing to reach 2% during Haruhiko Kuroda’s stint as governor.Indonesia is set to keep interest rates steady at Tuesday’s meeting.For more, read Bloomberg Economics’ full Week Ahead for AsiaEurope, Middle East, AfricaInitial data on economic activity in April will likely show the U.K.’s dominant services industry has rebounded strongly as larger parts of the economy reopened. “Dogecoin’s 100% Friday rally was ‘peak party,’ after the Bitcoin record and Coinbase listing earlier in the week. 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