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‘Unprecedented’ Institutional Demand for Bitcoin: Bitgo’s Custodied Assets Top $16 Billion, No Paypal Deal
26.12.2020
Bitgo’s assets under custody have surpassed $16 billion. The company says it is seeing “unprecedented interest from institutional investors,” resulting from the economic impact of the coronavirus pandemic and the recent bitcoin bull run. Paypal was also rumored to be...
Traditional crypto custodians ramp up security to accommodate institutional demand
19.12.2020
Offline storage solutions are necessary for traditional custodians and banks supporting digital assets
Bitcoin Options Daily Volume Crosses $1 Billion, $100K Strike Introduced for 2021
18.12.2020
Cryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place on the derivatives platform Deribit, and a large $100k strike has been introduced on the exchange...
LPNT’s Strategy For Increasing LPN TOKEN’s Utilization, Circulation, Demand and Supply
17.12.2020
PRESS RELEASE. Forex trading is the world’s largest decentralized liquidity market. LPN TOKEN is an undisputed leader in this domain of finance. This is possible with the help of Dubai based Next Forex Technologies LLC, the sister company of LPNT. LPN TOKEN actually provides the best forex...
Bitcoin Mining Rig Prices up 35% Since Start of November — Shortages Force Miners to Turn to Secondary Market
17.12.2020
The prices of the latest generation mining rigs have gone up 35% since the beginning of November, according to Hashr8. The observed price increase comes as Bitmain and Microbt are reportedly sold out until May 2021. As a consequence of the supply of mining rigs failing to meet the demand, some...
CME Group to Launch Ethereum Futures in February Pending Regulatory Approval
16.12.2020
On December 16, the Chicago Mercantile Exchange (CME) announced that CME Group is expanding the company’s crypto derivatives and plans to launch Ethereum futures. The company said the launch is based on increasing client demand and aims to launch the new ether derivatives products on February...
Paypal’s Stock Soars to All Time High as Demand for BTC on the Platform Now More Than Supply of New Coins
15.12.2020
E-commerce giant Paypal’s stock price surged to a new all-time high of $223.16 on Monday, December 14. Since November 12, when the payments giant opened the way for its US customers to start trading cryptocurrency, the stock has soared 17%. Paypal’s Turnaround The stock’s...
JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption
15.12.2020
JPMorgan’s analysts have predicted significant demand for bitcoin following the $100 million purchase of the cryptocurrency by Massmutual. The analysts believe that other traditional investors, including pension funds, will follow suit, leading to a conservative estimate of $600 billion...
JPMorgan Discusses $600B in Potential New Bitcoin Demand
14.12.2020
MassMutual’s $100M BTC investment has the potential to open a massive new investment category, according to analysts
MassMutual Bitcoin purchase proves crypto demand is rising, JPMorgan says
14.12.2020
Even a nominal investment from insurance firms and pension funds could be significant for Bitcoin
YieldFinanceFarm Is Next Generation DeFi Farm to Maximize Rewards – YIF Presale Is Now Live
14.12.2020
PRESS RELEASE. Yield Finance Farm (YIF) is a high-yield Defi farm that allows you to Stake, Farm, Lend, Borrow, and Earn. Bringing real value to yield farming, it’s a modern-age project designed to meet the demand for financial innovation and improved financial system efficiency through Defi...
Today's clients demand that banks show cybersecurity chops, says JPMorgan leader
9.12.2020
New technology also means new responsibilities. Security is key in the digital age
Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand
9.12.2020
The well known gold bug, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions in regard to the 2021 value of gold. Holmes also said that cryptocurrencies will continue to do well next year, as he believes...
Hackers Demand Over 1,800 BTC From Electronics Giant Foxconn After Ransomware Attack
9.12.2020
A multinational electronic giant and a well-known manufacturer of Apple products is the latest victim of a millionaire ransomware attack deployed over the Thanksgiving weekend on one of its branches. Apple’s Manufacturer Is the Latest Victim of Well-Known Ransomware Gang Foxconn,...
Crypto Demand Surges on Indiegogo Founder’s Alternative Investments Platform
8.12.2020
Vincent, the investment platform founded by Slava Rubin, is seeing an 80% growth in searches for digital assets
Black Shadow Hackers Demand 200 BTC Ransom from Israeli Insurance Giant Shirbit
6.12.2020
One of the largest insurance companies in Israel has been hit by a ransomware attack, and the threat actors started to release sensitive data, as the firm doesn’t pay the requested ransom in bitcoin (BTC). Israel-Based Shirbit Still Refuses to Pay $3.8 Million Ransom According to...
Canaan Reports $12M Q3 Loss, Says There’s ‘Rebounding Demand’ for Mining Machines
30.11.2020
Mining hardware manufacturer Canaan Creative reported a Q3 net loss of $12.7 million, or 54 cents per share, more than quadruple the size of Q2’s $2.38 million loss, or 10 cents per share
Ripple Is Selling 33% of Its Stake in Moneygram
29.11.2020
Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019....
CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market
29.11.2020
Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month...
Tokamak Network On-demand Platform to ease building decentralised apps for organisations
23.11.2020
The Tokamak Network is building an on-demand platform that organizations can use to easily adopt and use blockchain technology. This comes in the wake of a recent successful rebrand, through which the Tokamak Network aims to offer multiple solutions to accelerate development of decentralised...