Citi Sees ‘Very Rapid’ Accumulation of Interest in Bitcoin — Contemplates Launching Crypto Services
Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering...
Goldman Sachs Formally Establishes Cryptocurrency Trading Team
Investment bank Goldman Sachs has officially formed a cryptocurrency trading team, according to the firm’s internal memo. Goldman Sachs says it is working to broaden its market presence in the crypto space and is currently selectively onboarding new liquidity...
Ethereum price closes in on $4K as Shiba Inu (SHIB) steals Dogecoin’s thunder
Ethereum and Dogecoin hit new highs as investors brace for Elon Musk’s SNL debut and Bitcoin bulls push the price closer to $60,000. The crypto market has rallied into the weekend as Ether (ETH), Dogecoin (DOGE) and Shibu Inu (SHIB) hit new all-time highs as they lead...
Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders
The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances. Traders will bear full responsibility for the...
SplytCore Listing on AscendEX
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the SplytCore Token (SHOPX) under the pair USDT/SHOPX on May 6 at 1:00 p.m. UTC. SplytCore is a...
GBTC discount presents a unique challenge for Grayscale and investors
The Grayscale Bitcoin Trust continues to trade at a discount compared to BTC, a situation that presents a unique challenge to Grayscale and investors. Since 2013 the Grayscale Bitcoin Trust Fund (GBTC) has offered its investors exposure to Bitcoin (BTC) through a...
Ether dazzles, Dogecoin fears, Elon Musk’s big night, Bitcoin boosts Square: Hodler’s Digest, May 2–8
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top...
AAX Successfully Completes AAB Buy-Back from Secondary Markets
Despite recent uptake, AAB is still deemed undervalued. As such, AAX team has decided to conduct AAB buybacks from the secondary market. This will be done in phases with an expected buyback size of 30% of AAB in circulation. At the same time, AAB will be listed on...
Wouldn’t you like to earn money after you dine in or order food from a restaurant or eatery?
Show Me the Money! You can earn Lunch Money when you share your experience on lunchmoney.io Lunch Money is a Cryptocurrency that has a supply of 189 Million tokens, and the price per LMY is currently $0.006 according to CoinMarketCap and Coingecko. The restaurant...
Asian Auction House Phillips Will Accept Crypto at Auction for a Physical Piece of Banksy Art
The well-known Phillips Auction House has announced the company plans to accept cryptocurrency for the first time in a physical art auction set for June 7-8. Phillips will be auctioning a world-famous piece of artwork called the “Laugh Now Panel” created...
Rari Capital falls victim to $11 million exploit
Rari's RGT token is plummeting on the news. After a $11 million attack earlier today, Rari Capital is the latest decentralized finance (DeFi) protocol to fall victim to a high-priced exploit The platform, which builds optimized yield vaults and boutique lending pools,...
Elon Musk Advises Caution for Cryptocurrency Investors
Tesla and SpaceX CEO Elon Musk has emphasized the need for caution when it comes to investing in cryptocurrency. In a video produced by TMZ, Musk advised people not to invest their life savings in cryptocurrency, deeming it “unwise”. The entrepreneur, who...
Binance US Plans Massive Hiring Spree to Compete with Coinbase
Binance US’s new CEO, Brian Brooks, sat down with Decrypt’s Jeff Roberts at this year’s virtual Ethereal Summit to outline the company’s explosive plans for expansion over the coming year. Brooks said he plans to double the headcount in the next six months by hiring...
Nifty Gateway Co-Founder: NFT Profiteering is ‘Self-Defeating’
If the NFT craze has left you feeling exhausted and overwhelmed, spare some thoughts for the people behind the platforms—NFT marketplaces—who appealed for some sanity at 2021’s Ethereal Summit on Friday. Duncan Cock Foster, co-founder of Nifty Gateway, told Decrypt...
VORTECS Report: NewsQuakes boost DOGE hype, while TEL score rings a bell for traders
As the world waits for Elon Musk's Saturday Night Live appearance — and a possible nod to crypto's best friend — an exchange listing proves that real news can also propel DOGE to new heights. What can you say about Dogecoin that hasn’t been said before? How about...
Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’
Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people” that represents “legit hope for people” hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other...
Bullish ETH Sets New All-Time High as It Touches $3,800
Ethereum has reached another all-time high on Saturday following bullish momentum. As exchange outflows increase with ETH 2.0 looming. The second largest cryptocurrency reached a new all-time high on Saturday as it tapped $3,800 on Binance. Ethereum has seen bullish...
Cardano (ADA) Breaks out After Consolidation to hit All-Time High at $1.70
Cardano, one of the biggest competitors of Ethereum (ETH) in the blockchain ecosystem industry, reached the new all-time (ATH) at $1.70 yesterday. The new record follows a long consolidation, so we can expect a continuation of long-term upward trend. The ADA/BTC pair...
Italian Football League Becomes Crypto.com’s Latest Sporting Partnership
They have sponsored Formula One. They have also partnered with The Canadiens. And now Crypto.com have made their move into football, as they become an official sponsor for Lega Serie A. Exchange platform Crypto.com announced their partnership with Italian soccer...
New SEC Chairman Unveils Policies for Cryptocurrencies, Calls Bitcoin ‘Scarce Store of Value’
The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has shared his view on how the SEC plans to regulate cryptocurrencies, particularly bitcoin. He calls bitcoin “a digital, scarce store of value” and stresses the need to...
Terranova Picks: MILC, Decentralizing the Entertainment Industry
There are millions of hours of quality videos created and watched every year. However, there are still many obstacles when it comes to connecting individuals to art and entertainment. A central issue often mentioned is the restrictive and outdated distribution and...
Art reimagined: NFTs are changing the collectibles market
With professionals stepping into the NFT space, the market is set to mature, making digital art a part of traditional collectibles. Art has been serving as the ultimate source of inspiration to many people throughout all of history. In the era of cryptocurrencies and...
$85 million ‘Meebits’ NFT project exploited; attacker nabs $700,000 collectible
The team has paused minting, and will have to use a manual workaround to prevent further exploits. Legendary NFT developers Larva Labs were the victims of an exploit this morning, as an attacker found a way to mint a rare NFT worth over $700,000 from the “Meebits”...
NFT Artist pplpleasr: Trusting Marketplaces 'Defeats the Purpose' of NFTs
Non-fungible tokens are unique—that’s the whole point, and the reason why some NFTs sell for millions of dollars. But one of the foremost NFT artists, pplpleasr, said the NFT industry is overly reliant on trust—despite the “trustless” blockchain technology upon which...
Art Has a Money Laundering Problem. NFTs Could Make It Worse
Non-fungible tokens (NFTs), blockchain-based title deeds tied to digital or physical items, have exploded into the art world like an upstart rebel fresh out of art school, tearing up conventions and leaving the establishment bewildered. In recent months, multi-million...
US Authorities Seek Court Order to Shut Down Crypto Trading Platform Allegedly Duping Thousands of Investors
New York Attorney General Letitia James is seeking a court order to immediately shut down the operations of cryptocurrency exchange Coinseed. The attorney general previously filed a lawsuit against the crypto exchange but the platform allegedly continued to operate...
Bitpanda to Expand Institutional Offerings with Announced Series-B Extension
European-housed cryptocurrency broker, Bitpanda, has announced a Series-B extension to generate institutional offerings. The fintech giant raised another €10 million as an extension of its funding round. The goal is to bring forth new ideas to strengthen its...
As Bitcoin’s payment options grow, BTC true future role up for debate
Declaring BTC a store of value — e.g., gold 2.0 — but not a medium of exchange, defies logic. It must first have a use case. In an August 2020 paper “Is bitcoin money?” Peter Hazlett and William Luther wrote that there exists only “a small corner of the internet where...
Exploring the Complicated Relationship Between SEC and Crypto
The SEC has a complicated relationship with cryptocurrency companies. With the recent step down by the SEC Director of Enforcement, the future of institutional friendliness towards the crypto industry continues to be uncertain. Alex Oh steps down This past week,...
Measuring The Yearly Increase For ETH
In this article, we will take a look at the price movement of Ethereum (ETH) and measure the increase each year, in order to see how it measures up to the current upward movement. ETH had its most bullish year in 2018, while its most bearish year right afterwards, in...
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