Algorithms that can decode social media market sentiment are making waves in the institutional crypto landscape. Algorithms that can decode market sentiment are making waves in the institutional crypto landscape, a July 17 report from Reuters claims. An Arms Race for Algorithms With the resounding return of Bitcoin’s (BTC) volatility amid an ever-hotter crypto market, […]
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The price of bitcoin has dropped below $10,000 in a sharp pullback. Analysts discuss where the market is headling and the factors of the drop. Since July 10, the price of Bitcoin (BTC) has fallen from $13,200 to $9,684, with major cryptocurrency exchanges including Coinbase, recording a 26.6 percent drop within a period of seven […]
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Singapore-based market maker Altonomy has raised $7 million in a funding round led by Polychain Capital to source liquidity for institutional customers. Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15. Singapore-based market maker Altonomy is […]
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An Oxford scholar, Supreme Court Justice’s clerk and an international financial regulator: Meet the new CFTC Chairman… July 15 will mark the first day in the office for the United States Commodity Futures Trading Commission’s (CFTC) new chairman, Heath Tarbert. As the crypto community is bidding farewell to the regulator’s outgoing head, J. Christopher Giancarlo, […]
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Fidelity, Deloitte and Amazon have joined 20 other firms to support blockchain accelerator program Startup Studio. Major global firms Fidelity, Deloitte and Amazon, have begun supporting a new blockchain accelerator program called Startup Studio, according to a press release on July 11. The companies are backing the program along with 20 other firms, including Ethereum […]
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A new deposit functionality has been rolled out following news of a Bakkt payment app and Coinbase Card’s expansion into six European nations… Once seen by the mainstream zeitgeist as a fringe technology destined to languish on the outskirts of society, cryptocurrency today is alluring many leaders of the fintech sector by offering companies the […]
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Most of Generation Z does not plan to buy cryptocurrency, according to the results of a recent survey. Generation Z does not plan to buy cryptocurrency, according to the results of a survey conducted by Business Insider released on July 5. Per the report, SurveyMonkey Audience partner Cint surveyed 1,884 U.S. residents between ages 13 […]
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Steve Forbes claimed that gold backing is the basic condition for Libra to become “one of history’s truly seminal creations.” Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, published on June 25 an open letter to Mark Zuckerberg, advising to back Facebook’s cryptocurrency Libra with gold. In the letter, Forbes strongly encouraged Facebook’s crypto initiative, […]
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Bitcoin naysayers are having a hard time realizing that it’s here to stay, says Nexo cofounder Antoni Trenchev. Co-founder and managing partner of cryptocurrency lending startup Nexo Antoni Trenchev said that bitcoin (BTC) naysayers are having a hard time in an interview with CNBC published on June 25. During the interview, Trenchev pointed out that […]
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Digital money has been gradually transforming the world’s charity landscape, involving governments and traditional nonprofits. The technology that underpins cryptocurrencies has been gradually entering the charity sector, purportedly providing more transparency and trust to the industry — especially given a decrease in people’s trust in charity organizations, where the public is increasingly concerned about how […]
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