Reports of a fresh market entry from a Singapore bank buoys Bitcoin price as Raoul Pal sees hardly any resistance below $20,000 all-time highs. Bitcoin (BTC) hit new highs of $13,480 on Oct. 27 as fresh news that a bank was entering the cryptocurrency space fuelled already bullish markets. Cryptocurrency market daily overview from Coin360 […]
Continue Reading
Blockchain allegedly eliminates the need for trust — but how far is this notion actually true, or helpful? Crypto community members will likely be familiar with mantras such as “Don’t trust, verify!” or the “law of code.” Both refer to the promises of greater transparency and audibility and to a technology that offers to replace fallible, […]
Continue Reading
Glassnode data finds Bitcoin has entered the “belief zone” for the first time since the July 2019 top, indicating a bull cycle is nearing. Bitcoin (BTC) might be in the early phase of a major new bull cycle, a key on-chain metric suggests on Oct. 27. The dominant cryptocurrency has entered the “belief zone,” which […]
Continue Reading
Another global bank believes that digital assets are the future of the global economy. DBS, Singapore’s largest retail and commercial bank, seems to be entering the cryptocurrency space with three new offerings. According to information seen by Cointelegrpah, DBS is launching cryptocurrency trading and custody as well as a platform for conducting security token offerings. […]
Continue Reading
For the first time, Indians will be able to take out a loan against cryptocurrencies. Indian bank United Multistate Credit Co. Operative Society is planning to expand its banking services to cryptocurrencies and cryptocurrency products. In collaboration with the crypto banking service provider Cashaa, United has established a joint venture dubbed UNICAS that aims to […]
Continue Reading
Chainlink delivers easily the best year-to-date returns in 2020, but Bitcoin is still down the least against its all-time highs. Bitcoin (BTC) may be down less from its all-time highs than any other cryptocurrency, but 2020 has so far been the year of Chainlink (LINK). In the latest edition of its Weekly Insights report on […]
Continue Reading
An abrupt u-turn in liquidity is apt to take the Bitcoin spot price almost $2,000 lower, on-chain analyst Cole Garner predicts. Bitcoin (BTC) stayed above $13,000 on Oct. 27, but one analyst is warning that the largest cryptocurrency is due for a major correction. In a tweet on Tuesday, on-chain analyst Cole Garner forecast that […]
Continue Reading
The new venture will reportedly include 34 “physical branches and operations” in northern India. According to an Oct. 26 announcement from Cashaa, the fintech firm will be partnering with India’s United Multistate Credit Cooperative Society to build a crypto-friendly financial institution called UNICAS. This new venture will reportedly include 34 “physical branches and operations” in […]
Continue Reading
Bitcoin and altcoins are showing signs of short-term exhaustion, meaning a few days of consolidation could occur. Morgan Creek Digital co-founder Anthony Pompliano highlighted data from Santiment, which showed that the 30-day rolling correlation between Bitcoin (BTC) and the S&P 500 is 0. Pomp stressed that the lack of correlation shows that Bitcoin is a […]
Continue Reading
Cointelegraph interviews antivirus pioneer John McAfee on the state of Blockchain from his confines in Barcelona, Spain. John McAfee, an eccentric millionaire, crypto enthusiast, and anti-virus expert, was recently detained in Spain on charges of U.S. tax evasion. He also faces charges arising from a series of questionable crypto promotions, from which he allegedly profited millions […]
Continue Reading