Goldman Sachs is delving deeper into the crypto space, expanding its Bitcoin futures trading opinions and teasing the launch of Ethereum futures next. The financial giant is tapping Galaxy Digital as a liquidity provider for its broadened BTC trading platform, reports The Record. Goldman Sachs is announcing its partnership with Galaxy Digital after successfully executing …
Monthly archives: June 2021
One of the World’s Largest Banks Launching Bitcoin Trading and Custody in Switzerland
After six months of testing, this Switzerland bank is set to offer Bitcoin trading and custody services to its clients. BBVA Switzerland is the latest bank to enter the cryptocurrency space. Today, they announce that their service will open on June 21st for its private banking clients interested in digital asset investments. The six-month test …
Crypto Guru Su Zhu: Here’s What Caused Bitcoin Crash – And Here’s What’s Next
Su Zhu, CEO of crypto investment fund Three Arrows Capital, is providing his insight into what caused Bitcoin’s collapse in late May and where the crypto markets are headed next. In a new interview on the Uncommon Core podcast, Zhu says that a confluence between Bitcoin’s soaring price action and a series of bearish news …
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Bitcoin under threat, El Salvador rejected, Mark Cuban stung, McAfee ‘has nothing’: Hodler’s Digest, June 13–19
Coming every Saturday, Hodler’s 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 Stories This Week Hawkish Fed comments push Bitcoin price and stocks lower again …
Data suggests the strong US dollar makes Bitcoin weaker argument is flawed
At the moment, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as measured by the DXY index, the impact on Bitcoin (BTC) is negative. For the past few weeks, analysts and influencers have been issuing alerts about this inverse correlation, which held true until …
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Institutional Money Moving to Cardano and Stellar As Bitcoin and Ethereum Take a Breather: CoinShares
Emerging blockchain platform Cardano (ADA) and open-source blockchain payment platform Stellar Lumens (XLM) are capturing the attention of institutional investors, according to digital asset investment firm CoinShares. In a new report on the digital asset markets, CoinShares unveils that while many assets are bleeding institutional money, ADA and XLM are receiving positive inflows from big …
Canada’s Hive Blockchain Technologies approved for Nasdaq listing
While the SEC continues to slow-roll the listing of a Bitcoin ETF, traders on legacy exchanges eager to get some exposure to crypto will soon have another outlet. In an announcement on Friday, Canada’s Hive Blockchain Technologies revealed that it has received approval to list shares on the Nasdaq stock exchange. Hive currently trades on …
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Ethereum (ETH) Percent Addresses in Profit Hit a 5-month Low of 90.73%
Ethereum percent addresses still in profit has hit a 5-month low of 90.73% The number of Ethereum addresses in loss has also hit a 5-month high of 5.542 million Ethereum miner revenue has also reached a 3-month low of $1.121 Million 187k ETH has been sent to crypto exchanges in the last week and could …
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Indian Rapper Raftaar to Be Paid in Cryptocurrency for Upcoming Performance in Canada
Indian rapper Raftaar is reportedly accepting cryptocurrency for his upcoming performance in Canada. “Nevertheless, I’ve finally taken the baby steps in this direction and all the credit goes to my manager, Ankit Khanna for making this dream a reality for me,” Raftaar said. Raftaar, an Indian rapper, lyricist, dancer, TV personality and music composer, made …
Indian ‘Crypto King’ Arrested by Narcotics Control Bureau — Wazirx Says Not Our User
India’s Narcotics Control Bureau (NCB) has arrested a Mumbai resident known as “crypto king,” who allegedly used bitcoin to purchase narcotics on the dark web. Indian cryptocurrency exchange Wazirx says the accused is not one of its customers. ‘Crypto King’ Arrested in India A Mumbai resident, Makarand Pardeep Adivirkar, also known as “crypto king” in …
Basketball Players in Canada to Be Paid in Bitcoin
CEBL, the Canadian men’s basketball league, will offer its professional basketball players the option to receive a portion of their salary in cryptocurrency. The new payment option has been enabled through a partnership with the Canadian cryptocurrency exchange Bitbuy. Bitbuy to Convert Canadian Dollar Salaries Into Bitcoin The Canadian Elite Basketball League (CEBL) announced the …
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History Is Made: Propy Completes First Ever Real Estate Property Sale Via NFT
A couple of weeks ago I was asking people to Buy My House. I first bought the property, located in Kiev, Ukraine, in 2017. That was exciting. I paid ETH for the property (about $60k at the time) and title transferred via Propy on a blockchain, all approved by the Ukrainian government. Never before had …
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Announcing The Arrington ALGO Growth Fund
We are big fans of Algorand. We first invested in their private rounds years ago and have accumulated additional ALGO since. And over the years we have stayed close to founder (and Turing Award recipient) Silivo Micali, CEO Steve Kokinos, COO Sean Ford and VP Marketing Keli Callaghan. This is one of the best all around …
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The Space Race For Open Markets: Vega
Are modern markets open markets? Markets are part of our lives in unimaginable ways yet have never been more mysterious. Today, trading is a game of warring algos and enigmatic finance, addicted to obfuscating collateral and hiding system risk. Crypto promised to get us a step closer to open markets, gifting us perfect and incorruptible …
Buy My House
In 2017 I bought a condo apartment in Kiev, Ukraine. This wasn’t a normal purchase – I used the then-nascent Propy protocol to make the purchase and have the property title recorded, for the first time ever, to a blockchain. I also paid for the condo in Ether. These days, property title transfers on Propy …