The crypto community has laughed off Goldman Sachs’ outdated analysis, with the Bitcoin price increasing more than 8% since. Crypto traders aren’t taking advice from Goldman Sachs — with Bitcoin up by more than 8% since the investment bank slammed BTC in an investors call. Bitcoin has increased from the $8,800 mark to $9530, with […]
Continue Reading
Torus has launched its non-custodial key management solution, which is designed to bring web2.0-like user experiences to web3 applications. Crypto key management platform, Torus, has launched its non-custodial key management solution DirectAuth — enabling streamlined log-in experiences for web3 applications. DirectAuth builds on top of the Torus Wallet, which facilitates one-click logins for decentralized applications, […]
Continue Reading
Tether usage is picking up pace in DeFi as Aave reports over 10% of its assets locked are in USDT, after a slow start that saw its competitor USDC gain adoption. Tether (USDT) usage in decentralized finance (DeFi) appears to be growing, as lending protocol Aave reports over $7.2 million in USDT locked, out of […]
Continue Reading
Revolut data shows that U.K.-based retail crypto trade fell by half at the peak of the mid-March crypto crash — but has since recovered. Data provided by U.K.-based finance app Revolut shows the coronavirus lockdown has impacted the crypto trading habits of its users. Almost a third of Revolut’s 10 million customers have traded cryptocurrency […]
Continue Reading
The price of Bitcoin dropped to $8,600 and is now fluctuating just above $9,000, showing high volatility as several factors make its next step unclear. The price of Bitcoin (BTC) dropped to as low as $8,600 on May 25 as retail investors on Coinbase led an abrupt short-term downtrend. The price has since fluctuated between […]
Continue Reading
Coinbase is acquiring the prime cryptocurrency brokerage Tagomi as part of its evolving strategy for institutional investors. Major cryptocurrency exchange Coinbase is acquiring the Peter Thiel-backed prime crypto brokerage Tagomi. In an announcement on May 27, the exchange claimed the acquisition agreement came at “an inflection point in the industry,” a moment when increasing numbers […]
Continue Reading
A new crypto bull run could be on its way as a result of government economic measures and mainstream interest. After two years of uncertainty since 2017’s mega bull run, the signs are looking promising for a big crypto rally, says the co-founder of market analytics company Digital Assets Data. “I believe a major crypto […]
Continue Reading
Researchers examine whether a message signed by a 2009 miner and calling Craig Wright a fraud may have been signed by Satoshi Nakamoto. Yesterday, a Bitcoin (BTC) miner (or multiple Bitcoin miners) signed a message calling Craig Wright a fraud. One of the addresses used had been previously attributed to the Bitcoin creator Satoshi Nakamoto. […]
Continue Reading
New funding from CoinFund will help Delta establish a further presence in the Indian market. Crypto derivatives exchange Delta Exchange has announced a new injection of funding from blockchain investor CoinFund, aiming to provide strategic resources for both parties in their focus to expand in India. According to the announcement, New York-based firm CoinFund looks […]
Continue Reading
The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures. CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase. The investment comes shortly after the exchange’s Series A funding round in […]
Continue Reading