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‘Gold Is Clearly Being Replaced by Digital Gold’- Precious Metal Markets Spike, Strategist Mike McGlone Calls PM Action ‘Meh’
7.5.2021
Precious metals (PM) markets have been trading a bit higher in recent days, while cryptocurrency markets have been seeing gains as well. Spot gold prices have jumped to $1,805 per ounce, up more than 1.3% during the last 24 hours, while silver prices have increased by 2.5%. As PMs have gathered...
Altcoins rally as bulls pile into large-cap tokens and layer-1 projects
7.5.2021
EOS, LTC, ETC and ETH are just a few of the altcoins that chased after new multi-year highs as layer-1 projects saw an increase in trading volume
Goldman Sachs Launches Bitcoin Derivatives Trading as ‘Institutional Demand Continues to Grow Significantly’
6.5.2021
Investment bank Goldman Sachs has reportedly begun offering a bitcoin investment product to clients. The firm has opened up trading with non-deliverable forwards, a bitcoin derivatives product. To hedge against the cryptocurrency’s volatility, Goldman Sachs will trade bitcoin futures on...
Pocketcoin (PKOIN) Decentralized Social Token Trading Competition Rewards Just Doubled on Bilaxy
6.5.2021
PRESS RELEASE. (Puerto Rico, USA – May 6, 2021) To celebrate its numerous recent successes, one of the world’s foremost decentralized social networks, Pocketnet.app, has launched a trading contest on its newest exchange, Bilaxy.com. Competition ends on May 13th, the rewards for active...
South Korean Gov’t Has ‘Invested USD 44.5m in Crypto Firms Since 2017’
6.5.2021
Opposition lawmakers have launched a stinging attack on the South Korean government, accusing it of hypocrisy after it emerged that publicly owned companies and government departments have invested a combined USD 44.5m in crypto-related projects in the past four years.
The data was compiled by...
Reports suggest Goldman Sachs is now offering Bitcoin derivatives
6.5.2021
According to a new report, the investment firm is now offering trading with non-deliverable forwards
Crypto Analytics Firm Coin Metrics Raises $15 Million, Goldman Sachs Leads Funding Round
6.5.2021
On May 5, the cryptocurrency data and analytics provider Coin Metrics announced the firm has raised $15 million in Series B financing round. The funding was led by Goldman Sachs and a number of other venture firms, as digital currency data has become a hot commodity in recent times. Digital...
SEC chair hints at greater regulatory oversight for US crypto exchanges
6.5.2021
Gary Gensler said a regulatory framework for digital assets from the SEC or CFTC "could instill great confidence" for investors
Coinbase stock plunges to record low, further decoupling from crypto
6.5.2021
The stock was down by as much as 6.5%, even as the overall cryptocurrency market reached new all-time highs
Venture Capitalist Proposes a Single Decentralized Crypto as a Solution to Boost Africa’s Inter-Regional Trade
6.5.2021
South African venture capitalist, Michael Jordaan, recently suggested that a single decentralized cryptocurrency may be the solution that brings great benefits to inter-regional trade and investment in Africa. According to Jordaan, who is also the former CEO of one of South Africa’s leading...
Flippening? Record $10B Ethereum futures volume briefly outpaces Bitcoin's
6.5.2021
The volume on Ethereum futures flipped Bitcoin's after hitting a new record at $10 billion, and derivatives data suggests further upside for Ether price
Democratizing Defi Data- Dechart DAO Launches Version 1.0 Trading Platform
6.5.2021
On May 6, 2021, the total locked value (TVL) held by decentralized finance (defi) is more than $77 billion. Much of this money is used by decentralized exchange (dex) platforms and liquidity pools. With dex platforms capturing over $2 billion in trade volume daily and $18 billion during the last...
Metromile Goes Extra Mile With BTC, Crypto Investor Protection + More News
6.5.2021
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Metromile, a listed digital insurance platform and pay-per-mile auto insurer, said it will soon allow...
Visa and Tala Join Forces to Boost Cryptocurrency Adoption for Underbanked Populations
6.5.2021
Payments giant Visa and financial services provider Tala have partnered to boost cryptocurrency adoption in emerging markets. The collaboration aims to “make it easier for underbanked consumers to convert, store, and use cryptocurrencies.” Visa and Tala Boosting Crypto Adoption...
LTC price hits 13-month high against Bitcoin — All-time high next for Litecoin?
6.5.2021
Litecoin continues to gain strength as traders' attention shifts to a broader altcoin market against Bitcoin's slowing uptrend
Nasdaq-listed insurer Metromile plans $10M Bitcoin purchase
6.5.2021
The company will soon accept BTC payments on insurance premiums as part of a broader embrace of digital assets
Court Authorizes IRS to Summon User Records From Kraken Cryptocurrency Exchange
6.5.2021
The Internal Revenue Service (IRS) has obtained court authorization to serve a John Doe summons on cryptocurrency exchange Kraken. The tax agency is seeking data of users with $20,000 or more in cryptocurrency transactions during the years 2016 to 2020. IRS Wants User Information From Crypto...
ABBC Coin Is the Next Payment Coin in Buyaladdin, Holds 100x100x100 Event to Celebrate
6.5.2021
PRESS RELEASE. The global shopping platform Buyaladdin announces a huge collaboration with ABBC Foundation in an event called the 100x100x100 ABBC Event. In this event, the Buyaladdin team will pick 100 winners of 100 dollars every day for 100 days. More specifically, the team gives their...
Bitcoin and Ethereum Trend Higher, ADA, BCH, EOS, and ETC Rally
6.5.2021
Bitcoin price has settled well above the USD 56,000 level. BTC is currently (12:00 PM UTC) showing positive signs and it might gain momentum above USD 58,000.
Besides, most major altcoins are trading in a strong uptrend. ETH is rising and it might accelerate higher above USD 3,500. XRP/USD...
Bitcoin clips $58K as Dogecoin stalls and adoption news fuels bulls
6.5.2021
New allocations from big business come as momentum behind the latest altcoin rally seems to shift away from familiar names