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Wells Fargo files for Bitcoin fund
20.8.2021
Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments
Bullish cup and handle pattern sets Cardano (ADA) price up for a new ATH
20.8.2021
ADA’s daily close above the $2.30 resistance and a classic bullish technical analysis pattern signal that the altcoin is ready to hit a new all-time high
Altcoins soar after Bitcoin price bounces off a key moving average
19.8.2021
Bitcoin price reliably bounced off the 20-day moving average, which catalyzed an explosive rally from VGX, CHSB and EWT
Polygon will create a decentralized autonomous organization
19.8.2021
"As the Polygon ecosystem grows, the committee members have a front-seat opportunity over others to increase cross-collaboration for their products,” said the platform
Galaxy Digital partners with Bloomberg for DeFi index
19.8.2021
According to Bloomberg, the nine DeFi assets selected for the index at launch were based on "institutional trading and custody readiness" in the United States
Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies
19.8.2021
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker...
Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios
19.8.2021
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio....
Coinbase Partners With MUFG to Launch Operations in Japan
19.8.2021
Leading US-based cryptocurrency exchange Coinbase announced it will launch operations in Japan yesterday. The exchange will be partnering with Mitsubishi UFJ Financial Group (MUFG), a banking institution with more than 40 million customers, to make it easy for residents of Japan to purchase...
Avalanche Rush to give out more than 180M in DeFi incentives
18.8.2021
The multi-stage program will start with $27M tokens allocated for the Aave and Curve protocols, with additional incentives reserved for Avalanche native projects
3 developments signal that Verasity (VRA) price may have bottomed
18.8.2021
Attractive staking offers, a patented approach to combating NFT fraud and an active user base all suggest that VRA price has bottomed following its May lows
Vienna Stock Exchange will list crypto ETPs from ETC Group
18.8.2021
According to the ETC Group, the ETPs are “100% physically backed and central counterparty cleared.”
Quant, Arweave and Avalanche soar while Bitcoin searches for support
18.8.2021
Bitcoin's price is losing its bullish momentum, but this did little to stop QNT, AR and AVAX from notching double-digit gains today
Crypto language in the infrastructure bill is a political shell game, says Cointelegraph GC
18.8.2021
According to Zachary Kelman, Republicans and moderate Democrats may know the tax reporting requirements for crypto firms are impossible, but want to have a provision to fund some of the projects without raising taxes
Ukraine’s Digital Ministry Plans to Pay Employees With Digital Hryvnia in Pilot Project
18.8.2021
Employees of Ukraine’s Ministry of Digital Transformation may become the first in the country to get their salaries in digital currency. The National Bank of Ukraine is developing an electronic version of the Ukrainian hryvnia and the ministry is considering the option of using...
People's Bank of China in Shenzhen ‘cleans up’ illegal crypto firms
18.8.2021
The Shenzhen branch of the People's Bank of China launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies
Why Consider Using Cryptocurrencies for Your Business?
18.8.2021
Cryptocurrencies carry many varying use cases, and many use cases change depending on the project in which you are looking at. For example, the use case of a cryptocurrency like Ether is to power the Ethereum network, in which many companies operate. Crypto allows for instant transactions that...
Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert
18.8.2021
Lloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500...
Crypto Exchange Bitfront Said to End Korean Services Ahead of Tough New Regulations
18.8.2021
U.S.-based crypto trading platform Bitfront is going to discontinue services in South Korea before stricter rules for the industry are enforced in September, Korean media reported. The exchange, a subsidiary of Japanese tech giant Line, is currently available to Korean traders. Line’s...
Pro traders know it's time to range trade when this classic pattern shows up
18.8.2021
Traders analyze bearish and bullish rectangles to spot trend changes and range trade stocks and cryptocurrencies
Analysts say this key metric suggests an altcoin season is at hand
17.8.2021
A series of new all-time highs from altcoins and a drop in the Bitcoin dominance metric has many analysts convinced that an altseason has started