Can the markets continue to climb and maintain the positive trend?

The crypto industry is “likely” to use euro, yen or Singapore dollar stablecoins in the future, making it less dependent on stablecoins pegged to the U.S. dollar, Binance CEO Changpeng Zhao believes. In doing so, he was asked if the industry should use gold as a value standard instead of the U.S. dollar. CZ stated that it would “make sense” to use gold. However, “most people still pay their bills with fiat currencies.” That’s why most people calculate their investment returns in dollars. Therefore, stablecoins pegged to the U.S. dollar are “still important.”
“I think given the current pressure and the current attitude of regulators toward U.S. dollar stablecoins, the industry will probably move to stablecoins that are not pegged to the U.S. dollar.

German tech giant Siemens is now one of the first companies in Germany to issue a digital bond on a public blockchain. The bond is worth €60 million and has a maturity of one year, according to the German Electronic Securities Act (eWpG).
According to a Feb. 14 announcement, the bond was sold directly to investors, such as DekaBank, DZ Bank and Union Investment, without the need for central clearing or a paper global certificate. Siemens commented that transactions could be executed faster and more efficiently in this way than with the traditional bond issuance process.
According to the company, the “blockchain-based bond issuance has advantages over the previous process.” For example, it “can eliminate the need for a paper global certificate and central clearing. In addition, a direct sale to investors is possible without intermediate sales to banks.”
The transaction was completed in just two days, using traditional payment methods due to the fact that a digital euro did not exist at the time of the transaction. Siemens wants to establish itself as a pioneer in the development of digital solutions for the capital-securities market.
Peter Rathgeb, Corporate Treasurer of Siemens AG, commented:
“By moving away from paper to settling the security on a public blockchain, we can process transactions significantly faster and more efficiently than previous bond issues. Through the successful collaboration with our project partners, we have set an important milestone in the development of digital securities in Germany.”

Mike Novogratz is confident that BTC can make further gains by the end of March, but he is skeptical about a push to old record highs. “When I look at the price development, when I see the positive mood of our customers and the gateway panic (FOMO) that is developing at the moment, I wouldn’t be surprised if we are already back at $30,000 by the end of the quarter.” Novogratz referenced interest rate policy again this time, as U.S. Federal Reserve Chairman Jerome Powell announced another 25 basis point hike on Feb. 1. The CEO of Galaxy Digital assumes that the Federal Reserve (Fed) will not abandon this strategy anytime soon:
“What makes me skeptical about whether we can climb back to record highs this year is Federal Reserve Chairman Powell, because he’s really following through on what he’s announcing, and I don’t think the Fed is going to cut rates again soon.”
So monetary policy direction in the U.S. could continue to set the course for global financial markets.

The crypto industry is “likely” to use euro, yen or Singapore dollar stablecoins in the future, making it less dependent on stablecoins pegged to the U.S. dollar, Binance CEO Changpeng Zhao believes. In doing so, he was asked if the industry should use gold as a value standard instead of the U.S. dollar. CZ stated that it would “make sense” to use gold. However, “most people still pay their bills with fiat currencies.” That’s why most people calculate their investment returns in dollars. Therefore, stablecoins pegged to the U.S. dollar are “still important.”
“I think given the current pressure and the current attitude of regulators toward U.S. dollar stablecoins, the industry will probably move to stablecoins that are not pegged to the U.S. dollar.

German tech giant Siemens is now one of the first companies in Germany to issue a digital bond on a public blockchain. The bond is worth €60 million and has a maturity of one year, according to the German Electronic Securities Act (eWpG).
According to a Feb. 14 announcement, the bond was sold directly to investors, such as DekaBank, DZ Bank and Union Investment, without the need for central clearing or a paper global certificate. Siemens commented that transactions could be executed faster and more efficiently in this way than with the traditional bond issuance process.
According to the company, the “blockchain-based bond issuance has advantages over the previous process.” For example, it “can eliminate the need for a paper global certificate and central clearing. In addition, a direct sale to investors is possible without intermediate sales to banks.”
The transaction was completed in just two days, using traditional payment methods due to the fact that a digital euro did not exist at the time of the transaction. Siemens wants to establish itself as a pioneer in the development of digital solutions for the capital-securities market.
Peter Rathgeb, Corporate Treasurer of Siemens AG, commented:
“By moving away from paper to settling the security on a public blockchain, we can process transactions significantly faster and more efficiently than previous bond issues. Through the successful collaboration with our project partners, we have set an important milestone in the development of digital securities in Germany.”

Mike Novogratz is confident that BTC can make further gains by the end of March, but he is skeptical about a push to old record highs. “When I look at the price development, when I see the positive mood of our customers and the gateway panic (FOMO) that is developing at the moment, I wouldn’t be surprised if we are already back at $30,000 by the end of the quarter.” Novogratz referenced interest rate policy again this time, as U.S. Federal Reserve Chairman Jerome Powell announced another 25 basis point hike on Feb. 1. The CEO of Galaxy Digital assumes that the Federal Reserve (Fed) will not abandon this strategy anytime soon:
“What makes me skeptical about whether we can climb back to record highs this year is Federal Reserve Chairman Powell, because he’s really following through on what he’s announcing, and I don’t think the Fed is going to cut rates again soon.”
So monetary policy direction in the U.S. could continue to set the course for global financial markets.

The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto company Terraform Labs and its founder Do Kwon, alleging “billion-dollar crypto securities fraud.”
As per the related notice issued yesterday, February 16, Kwon and Terraform are alleged to have sold a “series of related crypto-securities without authorization.” In this context, the Securities and Exchange Commission refers to the company’s proprietary algorithmic stablecoin TerraUSD (UST) and the related cryptocurrency Terra (LUNA). ur reminder: the once leading crypto project had spectacularly failed early last year, resulting in a real domino effect for the entire crypto market. In particular, the behavior of CEO Do Kwon and the rest of Terraform Labs’ management was then repeatedly labeled as an alleged fraud.
SEC chief Gary Gensler states in the statement that Kwon and Terraform “failed to make full, fair and truthful disclosures to the public” regarding the LUNA and UST cryptocurrencies. To this he adds:
“We also allege that they committed fraud by intentionally making false and misleading statements to build trust before causing massive losses for investors.”
The 55-page complaint was filed by the SEC in the U.S. District Court for the Southern District of New York, alleging multiple violations of applicable U.S. securities and exchange laws at once.
Here it becomes clear that after some time of reappraisal, the legal charges are now finally being filed!