Crypto markets are slightly red today, with only 2 out of the top 20 coins by market cap seeing gains and BTC price dipping below $8,100. Saturday, Oct. 5 — crypto markets are trading sideways today, with most of the top 20 coins by market cap seeing losses and Bitcoin (BTC) dipping below $8,100. Only […]
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Bitcoin is positively correlated with the S&P 500 and is not a hedge against macro turmoil, according to Fundstrat Global Advisors co-founder Tom Lee. Fundstrat Global Advisors co-founder Tom Lee has stated that Bitcoin (BTC) is positively correlated with the S&P 500 market index and is not a hedge against macro turmoil. Lee voiced his […]
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Prominent Bitcoin trader Tone Vays discusses crypto, Libra, Bakkt and sh*tcoins with digital asset market analyst filbfilb. After an incredibly disappointing year in 2018, Bitcoin woke from hibernation in early April 2019 and rallied with vengeance toward a yearly all-time high at $13,800. Alas, all good things must come to an end and such was […]
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China Merchants Bank International together with Nervos Network will develop and launch blockchain-based solutions for DeFi applications. Hong Kong-based China Merchants Bank International (CMBI) will develop and launch blockchain-based solutions for its financial services. CMBI and Huobi partner with Nervos In an Oct. 3 press release shared with Cointelegraph, CMBI, a wholly-owned subsidiary of China […]
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China Merchants Bank International is partnering with Nervos Network to jointly develop new decentralized finance applications. China Merchants Bank International (CBMI) is partnering with Nervos Network — a Chinese blockchain startup founded by a former researcher and developer of the Ethereum Foundation. A press release published on Oct. 3 revealed that the new partnership will […]
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Digital asset financial services firm BitGo launches a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo Trust. Digital asset financial services firm BitGo has launched a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo Trust. A press release published […]
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Boston-based provider of high-performance blockchain solutions Oneiro secures a $5 million investment from Cosimo Ventures in a Series A funding round. Oneiro, a blockchain solution company, secured a $5 million investment from Cosimo Ventures. Total investment of $8 million In an Oct. 3 press release, Boston-based provider of high-performance blockchain solutions Oneiro announced that it […]
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Investment management company Stone Ridge is trying to register a new Bitcoin futures offering with the U.S. Securities and Exchange Commission. Investment management company Stone Ridge is trying to register a new Bitcoin (BTC) futures offering with the United States Securities and Exchange Commission (SEC). The new fund is called NYDIG Bitcoin Strategy Fund and […]
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Crypto hedge fund Pantera Capital leads a $5 million strategic seed round of decentralized derivatives protocol Vega. Pantera Capital has led a $5 million strategic seed round of decentralized derivatives protocol Vega. According to the announcement published on Oct. 3, the round included participants such as Ripple’s investment arm Xpring, Hashed, NGC Ventures, gumi Cryptos […]
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Stablecoins backed by precious metals — here’s how to choose which one to invest in and why they are stable. Cryptocurrencies are constantly subject to exchange rate fluctuations and are characterized by high price volatility. For making crypto money more useful and more stable, a special type was created: stablecoins. Related: Stablecoins, Explained Stablecoin is […]
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