The largest cryptocurrency’s gradual “decoupling” from stocks may see a major test in the coming weeks, warns eToro’s Yoni Assia. The CEO of a major trading platform has warned that a new stock market crash will come in less than a month, and investors should pay attention now. In a series of tweets on June […]
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Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month. Bitfury, a cryptocurrency mining and blockchain development firm, is planning to launch a Bitcoin (BTC) mining fund in Japan in July. Katsuya Konno, the head of Bitfury Japan, confirmed the development with Cointelegraph […]
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MKR is up 30% in 24 hours following the MakerDAO community’s vote in favor of introducing tokenized “real-world” assets as collateral for Dai loans. The price of MakerDAO (MKR) has rallied by roughly 30% over the past 24 hours, posting a new year-to-date high above $720 on some exchanges. The rally follows a late May […]
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A survey published by Fidelity has found that more than one-third of institutional investors globally are exposed to crypto assets. A Fidelity survey of 774 institutional investors found that more than one-third of firms worldwide have invested in digital assets or derivatives. While 36% of institutions own crypto globally, multinational financial services company Fidelity found […]
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Investment firm ETC Group plans to list a Bitcoin ETP on Germany’s Xetra digital stock exchange in late June. London-based ETC Group will list the first crypto exchange-traded product on Germany’s Xetra digital stock exchange this month. Traders in the UK, Italy and Austria will also be able to deal in shares of the new […]
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Bitcoin price is stalling under $10,000 while the U.S. stock market nears a record high. The Nasdaq, an index which primarily represents tech stocks like Amazon, Microsoft, and Alphabet, has surpassed 10,000 points to hit a new record high. The move above 10,000 effectively erased all the losses suffered from the coronavirus pandemic, yet, the […]
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The blockchain peer-to-peer renewable energy platform has now closed its $4 million Series-A funding round. South African blockchain peer-to-peer renewable energy platform Sun Exchange obtained a $3 million investment from Arch Emerging Markets Partners, thereby closing its $4 million Series-A funding round, according to a statement issued Monday. Sun Exchange allows international clients to buy […]
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The last time this much Bitcoin was withdrawn from exchanges, the price rose 88%. If this pattern repeats, we would see Bitcoin go to $18,000 by the end of August. June 8, 27,000 more Bitcoins (BTC) were withdrawn from the exchanges than deposited, the last time there was such a significant outflow, Bitcoin appreciated 88%. […]
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Wild coronavirus responses by the Federal Reserve have vastly inflated the U.S. dollar money supply just when Bitcoin cuts its supply in half — again. The battle of Bitcoin (BTC) versus fiat money is witnessing not a flippening but a “flattening” as coronavirus upends economic policy. A chart of the United States’ M2 money supply […]
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Chainalysis calls the ‘privacy coin’ bluff — adds support for Zcash and Dash, calling Dash a ‘privacy coin’ is a ‘misnomer.’ On June 8, Chainalysis announced support for privacy coins Zcash (ZEC) and Dash (DASH) making it easy for the law enforcement to track them. Calling Dash a privacy coin is a misnomer The company […]
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