Depositors using Fidelity Digital Assets custody will be able to access liquidity via BlockFi. Fidelity Digital Assets, the crypto arm of the asset management conglomerate, will allow institutional customers to pledge their Bitcoin (BTC) as collateral for cash loans. As reported Wednesday on Bloomberg, the firm partnered with crypto lender BlockFi to disburse the loans. […]
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Bitcoin price is correcting, and most of the crypto market is red, but strong fundamental factors are pushing select DeFi tokens and NFTs higher. Bitcoin (BTC) and other major altcoins are either stuck in a range or are witnessing a correction. However, that is not the case with the entire crypto space because a few […]
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IOHK’s Project Catalyst names Liqwid as a potential candidate to receive up to $250,000 in ADA funding. IOHK, the development company behind Cardano, has named a DeFi lending protocol as one of its so-called Project Catalyst ideas — sending a strong message that decentralized finance applications could be coming to the project’s blockchain. In a […]
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Bitcoin may have experienced the perfect storm for success, but action by the United States government may remain a threat. Ryan Selkis, co-founder of data and research company Messari, recently released his 2021 crypto sector thesis, examining the state of the industry as well as forecasting what lies ahead. Selkis explains in this report that […]
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The new platform aims to establish an institutional corridor between Europe and Asia. Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new […]
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Bitcoin price continues to meet resistance at $19,500, a signal that further sideways action in BTC and altcoins is on the cards. Recent news reports suggest that U.S. lawmakers may announce a new round of economic stimulus worth about $908 billion before the end of today. This second package, if announced, will add to the existing […]
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Hauck & Aufhäuser’s Digital Asset Fund I will reportedly cover 85% of the total crypto asset market. German private bank Hauck & Aufhäuser announced its first crypto fund, the HAIC Digital Asset Fund I, launching Jan. 1, 2021. According to a report on FundView, the initiative, a collaboration with Berlin fintech Kapilendo, will target institutional and semi-institutional […]
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Select altcoins are moving higher as Bitcoin price gains strength and consolidates within a bull pennant. Bitcoin’s (BTC) price has been hovering near the $19,000 level for the past few days. Whenever the price consolidates near the all-time high, it is an indication of strength. However, the question troubling investors is whether Bitcoin will source […]
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Willy Woo says Bitcoin could hit $200,000 in 2021 because long-time investors are more confident in the ongoing rally. According to on-chain analyst Willy Woo, the price of Bitcoin (BTC) could achieve a “conservative” target of $200,000 in 2021. The prediction revolves around the fact that long-time investors seem more confident in the recent rally. […]
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Huobi and the Web3 Foundation are pouring resources into supporting projects on Polkadot Two announcements from Huobi Global on Friday indicate that the cryptocurrency exchange is angling to become a key player in the growth of the Polkadot network. In a pair of blog posts, the Seychelles-based exchange announced a Polkadot Sponsorship program, as well […]
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