Category Archive: Cryptocurrency, No picture
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 […]
Morgan Stanley Registers Funds With Up to 25% Bitcoin Allocation
Morgan Stanley filed an SEC registration for 12 new investment portfolios that “may have exposure to bitcoin indirectly” via cash-settled futures or Grayscale’s Bitcoin Trust. Morgan Stanley’s Bitcoin Portfolios Morgan Stanley announced new investment portfolios in Advantage, Asia Opportunity, Counterpoint Global, Developing Opportunity, Global Advantage, and seven others with significant room for Bitcoin exposure—up to […]
Synthetix Launches Staking on Optimistic Ethereum
Key Takeaways Synthetix Staking now integrates Optimistic Ethereum on Layer 2. SNX holders can stake through Optimistic Ethereum to earn SNX and sUSD. Synthetix has been one of DeFi’s frontrunners in adopting Layer 2. This news was brought to you by ANKR, our preferred DeFi Partner. Synthetix doubles down on Layer 2. Synthetix Integrates Optimistic […]
Aave Will Build on Polygon’s Scalable Layer 2 Platform
Key Takeaways Aave, a decentralized lending and borrowing protocol, has announced it will build a new DeFi service on Polygon. As an Ethereum sidechain, Polygon will help to reduce the exorbitant gas fees that Aave currently pays. The team will soon build a smart contract bridge that will allow Aave users to port their assets […]
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 […]
