The United States prosecutors officially indict a man from Singapore for stealing Amazon Web Services’ cloud computing power to mine cryptocurrencies. The United States prosecutors have officially indicted a man from Singapore for using stolen identities to illegally utilize Amazon Web Services’ cloud computing power for crypto mining. According to the indictment initially filed on […]
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Bitcoin and select altcoins are showing signs of bottoming out. Can they start a new uptrend? Let’s study the charts. Grayscale director of sales and business development Rayhaneh Sharif-Askary said that institutional interest in the crypto space has been strong throughout this year. The second quarter inflow was $85 million with 80% coming from institutions. […]
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A senior Grayscale executive dispels the myth that institutions’ crypto enthusiasm has waned, noting that a quarter of Q2 funds went into altcoins. A senior executive at cryptocurrency asset management giant Grayscale has stated that institutional investors are constantly piling into the space in 2019. Grayscale says institutions were always active Speaking in an interview […]
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Crypto custody startup Casa releases Casa Node 2, a new version of the industry’s popular pre-synced product for Bitcoin full node. New York-based crypto custody startup Casa has released Casa Node 2, a new iteration of the industry’s popular pre-synced Bitcoin (BTC) full node product. Original Casa Node did a great job, the firm says […]
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Bitcoin looks to be stabilizing. If that happens, select altcoins might outperform. Let’s study the charts. Total crypto market capitalization has held the $200 billion mark for the past few days. This is a positive sign, as it shows that market participants are not panicking at lower levels but are using dips to buy. The […]
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The launch of the Crypto Rating Council (CRC) has seemingly been met with a lot of positivity across the global crypto landscape. At the end of September, a number of established crypto firms (including Kraken, Bittrex and Coinbase) that are currently operating in the United States came together to establish a new governance body called […]
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A few altcoins are looking strong. Is it a good time to buy or is this only a dead cat bounce? Let’s study the charts. Apple CEO Tim Cook said that he is not comfortable with private companies creating their own cryptocurrencies. Therefore, he ruled out plans of Apple releasing its own currency token. Though […]
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Cryptocurrencies have entered the green zone after seeing some losses over the past day, with the Bitcoin price hovering around $8,100. Friday, Oct. 4 — The top-20 crypto markets are solidly in the green, with just a few reporting mild losses, according to data from Coin360. Bitcoin (BTC) has been trading sideways after its slump […]
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After a shallow pullback, will major cryptocurrencies extend their decline? Let’s study the charts. Manuel Andersch, senior FX analyst at the Bayerische Landesbank has published a report, which suggests that the “forthcoming halving effect has hardly been priced into the current Bitcoin (BTC) price.” Using a stock-to-flow ratio metric, the report projects a target price […]
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Coinbase has enabled some customers to earn 1.25% interest from holding USDC, New York-based customers are not eligible. Major United States-based cryptocurrency exchange and wallet service Coinbase now allows holders of USD Coin (USDC) to earn a 1.25% annual percentage yield (APY). In a blog post on Oct. 2, Coinbase said that eligible U.S. customers […]
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