Category Archive: Cryptocurrency, No picture
Bakkt Launches Its Bitcoin Payments App
Key Takeaways Bakkt is opening its payments app to the general public. The firm intends to unlock $1.2 trillion of digital assets, including Bitcoin and points from more than 75 brands. Bakkt is also giving away $1 million as a promotional offer. This news was brought to you by Phemex, our preferred Derivatives Partner. Bakkt […]
Binance Invests in PAID Network Just Weeks After Hack
Key Takeaways PAID Network announced receiving funding from Binance, the world’s largest crypto exchange. PAID was recently attacked by an unknown hacker who minted 59.4 million PAID tokens worth $166 million The PAID team announced the project would add value to the Binance Smart Chain ecosystem. This Exchange News was brought to you by OKCoin, […]
Goldman Sachs Plans Suite of Bitcoin Products for Q2
Mary Rich, Goldman Sachs’ head of digital assets of private wealth management division, told CNBC this morning that the bank plans to launch a “full-spectrum” of investments in Bitcoin and other digital assets. Goldman Follows Morgan Stanley into Bitcoin Goldman Sachs, which commands over $1.8 trillion in assets, plans to offer BTC investment via “physical […]
Goldman Plans Suite of Bitcoin Products for Q2
Mary Rich, Goldman Sach’s head of digital assets of private wealth management division, told CNBC this morning that the bank plans to launch a “full-spectrum” of investments in Bitcoin and other digital assets. Goldman Follows Morgan Stanley into Bitcoin Goldman Sachs, which commands over $1.8 trillion in assets, plans to offer BTC investment via “physical […]
Despite Uncertainty in the US, Ripple Finds Traction in the East
Key Takeaways Ripple’s business operations seem unaffected by the SEC’s charges. The firm recently signed a deal to introduce new On-Demand Liquidity (ODL) corridors in the Asia Pacific. Upward pressure has been mounting behind XRP, which could push it past the $1.00 mark. This Exchange News was brought to you by OKCoin, our preferred Exchange […]
Jay Clayton Joins Bitcoin-Rich Asset Management Firm
Key Takeaways Clayton has joined the advisory council of One River Digital Asset Management, which oversees Bitcoin investments. The investment firm itself owns over $600 million of Bitcoin. After ending his term as chair of the SEC, Jay Clayton is returning to legal roles in various locations. Former SEC chair Jay Clayton has joined the […]
VeChain Technicals Spell Trouble for the Bulls
Key Takeaways VeChain is down over 10% from its recent high of nearly $0.10. The price action seen since the beginning of the year suggests that VET is poised to retrace to $0.06 before it bounces back. A technical indicator further validates the pessimistic scenario. This news was brought to you by Phemex, our preferred […]
Chipotle Will Run $100,000 Bitcoin and Burrito Giveway
Key Takeaways Chipotle is running a promotion that will give away more than $100,000 worth of Bitcoin, plus free burritos. The sweepstakes event is part of National Burrito Day, which falls on the first Thursday of April every year. The restaurant chain did not suggest that it will accept Bitcoin or continue to work with […]
ConsenSys Launches NFT Ecosystem With 99% More Energy Efficiency Than PoW
Key Takeaways Palm is a joint venture by ConsenSys, HENIGroup, and Heyday Films. ConsenSys claim the NFT ecosystem is 99% more energy efficient than competitors due to launching as an Ethereum sidechain. Famous UK artist Damien Hirst, whose sales have made hundreds of millions in the art work, will launch an NFT collection on the […]
External Auditor First to Confirm Tether’s USDT Backing
Key Takeaways Accounting firm Moore Cayman attested “assets and liabilities” report from Tether in February. As of February 28, Tether held more than 100% assets to back the issuance of fiat and commodity backed stablecoins. The report strengthened crypto market sentiments by removing risks of non-liquid reserves of USDT. This news was brought to you […]
