The surge in crypto derivatives trading is likely to continue amid the bull market. Some of the biggest names in blockchain have thrown their weight behind a new cryptocurrency derivatives exchange, signaling that the next bull market could be driven by institutional investors. Crypto derivatives platform Globe has raised $3 million in seed investments to […]
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The Bitcoin price has doubled since the halving in May, with Chainalysis attributing much of the bullish price action to the insatiable appetite of institutional investors. The price of BTC has more than doubled since the Bitcoin’s third block reward halving in May. Or to be precise, BTC has gained 110% since the halving, with […]
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The number of millionaires wanting to buy cryptocurrencies is on the rise, with a new survey indicating that 73% want to own digital assets before the end of 2022. A survey of more than 700 high net worth individuals, or HNWs, has found that almost three-quarters of millionaire respondents either already own or are looking […]
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Former hedge fund manager Jesse Felder claimed, among other things, that hard forks were “multiplying the number and type of Bitcoins in circulation.” Bitcoiners are crying foul at former billion-dollar hedge fund manager Jesse Felder’s “inaccurate” hot take blog post about Bitcoin today in which he claims the crypto asset “doesn’t make sense as an […]
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Celo is the latest blockchain network to strive for interoperability, with Chorus One receiving a grant to build a bridge between Cosmos and Celo. Celo has awarded a grant to staking service provider Chorus One to build a bridge facilitating interoperability between the Cosmos and Celo networks. The proof-based bridge will allow “bidirectional communication’ between […]
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The upgrade establishes a development fund for the next four years and removes the controversial “Founders Reward.” Privacy-focused cryptocurrency Zcash (ZEC) celebrated its first halving event on Nov. 18. The occasion was marked by the implementation of the Canopy upgrade, which establishes a development fund for the platform and removes the controversial “Founders Reward.” The […]
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The alleged ringleader of a Ponzi scheme that solicited $35 million for crypto mining and other investments has been arrested after attempting to flee FBI agents using a “sea scooter.” Matthew Piercey, the accused operator of two fraudulent firms that solicited tens of million to ostensibly invest in cryptocurrency mining, life insurance, and other assets, […]
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Bitcoin and crypto ETPs have surged in market cap and volumes as institutions buy up BTC. Recent research has revealed that institutional grade exchange traded products surged in volume this month. A report by CryptoCompare delves into some metrics behind Bitcoin’s epic bull run to a new 2020 high of $17,800 and reveals that institutions […]
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Survey data from Grayscale Investments shows the coronavirus pandemic played a role in new investors decision to buy Bitcoin. As Bitcoin (BTC) price rises toward $18,000 and traders attempt to secure a new all-time high, the surge of institutional investors jumping on the Bitcoin bandwagon continues. This time, institutional and retail investors are both keen […]
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Analysts explain where Bitcoin is headed next after it breaks $17,500 and continues to see an explosive uptrend. The price of Bitcoin (BTC) exceeded $17,400 in a strong intraday rally. On Coinbase, BTC even came close to the $17,700 mark, setting a new two-year high. As BTC glides through the multiyear resistance above $17,000, analysts […]
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