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Archives by Year:
Following Tim Draper Endorsement, Tezos Enjoys Hefty Uptick
Key Takeaways Draper Goren Holm announced it would help grow the Tezos ecosystem. The venture capital firm would “incubate and accelerate” some of the most notable projects by deploying capital and resources. The news was well-received by market participants, sending XTZ on track to new all-time highs. This news was brought to you by Phemex, […]
Crypto Briefing’s CB10 Index Ends First Quarter With 86% Returns
Key Takeaways Crypto Briefing’s educational index of top ten cryptocurrencies for U.S. retail investors has yielded 86.8% in Q1, 2021. Ether’s recent bullish revival saw its allocation regain 15% share of the CB10 index. Filecoin replaced Dogecoin during this month’s reconstitution process. Crypto Briefing’s CB10 yielded 86.8% by Apr. 2, compared to Bitcoin’s 84.6% and […]
TRON CEO Justin Sun Wins TIME’s Latest NFT Auction
Key Takeaways TRON founder and CEO Justin Sun has purchased one of TIME Magazine’s NFTs for more than $200,000 in ETH. The cover in question is 1965’s “The Computer In Society.” In recent weeks, Sun has also purchased Beeple’s “Green” NFT, a Warhol, and a Picasso for his NFT fund. TRON founder and CEO Justin […]
Circle and Poloniex Will Share User Identities With IRS
Key Takeaways The IRS has gained authorization to order two companies, Circle and Poloniex, to share data on U.S. based investors. The regulator is seeking data on US taxpayers who made transactions of at least $20,000 between 2016 and 2020. U.S. regulators have many tax efforts underway. The IRS will likely gain access to records […]
Ethereum Makes New All-Time High Targeting $2,500
Key Takeaways Ethereum recently made a new all-time high of $2,088. The upswing appears to have been forecasted by the breakout of a symmetrical triangle. The rising interest among market participants around the current price levels suggests that Ether has plenty of room to go up. This news was brought to you by Phemex, our […]
wNews: How Institutions and Teletubbies Fell in Love With Crypto
Key Takeaways Goldman Sachs and Morgan Stanley have both rolled out clear intentions to offer clients exposure to Bitcoin. In the same week, the children’s program Teletubbies signaled that they would be launching a native token. It’s been a volatile week for markets, but both Bitcoin and Ethereum are currently testing new highs. This week’s […]
JP Morgan Says Stable Bitcoin May Attract Institutions: Report
Key Takeaways JP Morgan told Bloomberg that Bitcoin’s recent decline in volatility may act as a catalyst for institutional buyers. The investment bank noted that Bitcoin’s three-month realized volatility has fallen to 86%. Banking giants Goldman Sachs and Morgan Stanley recently detailed their plans to offer Bitcoin investment products. A more stable Bitcoin may bring […]
Coinbase Announces April 14th Direct Listing
Key Takeaways The SEC has approved Coinbase’s direct listing proposal for April 14th. Foregoing a traditional IPO could be very lucrative for current Coinbase shareholders. The company will trade under the ticker symbol “$COIN”. After much speculation, the Coinbase public offering finally has a date. Anticipated Listing Date Coinbase announced that the SEC validated its […]
Coinbase Ventures Backs Acala on Polkadot
Coinbase Ventures is funding Acala, a DeFi hub for the Polkadot network, according to a blog post from the company. Coinbase Will Support Acala “This week, the investment arm of Coinbase has announced their support for Acala, the all-in-one DeFi hub of Polkadot,” Coinbase wrote in its blog post. “This investment also supports Karura, the […]
Ethereum Prepares for New All-Time Highs
Key Takeaways Ethereum broke out of a month-long stagnation period. As buy orders pile up, ETH could resume its uptrend and advance to a new all-time high of $2,560. A renowned technical analyst suggests Ether may first retrace to a crucial support level before achieving its upside potential. This news was brought to you by […]
