Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets. Denmark’s Largest Bank Clarifies Its Stance on Cryptocurrencies Responding to mounting inquiries from customers and …
Monthly archives: June 2021
Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures
Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide bitcoin futures products. The partnership marks one of the first occasions where an American multinational investment bank has partnered with a crypto asset service provider. Galaxy Serves as Goldman’s Counterparty for Bitcoin Futures Trading Goldman Sachs is …
Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies
PERL price defied the marketwide downturn with a 100% rally following the release of an environmentally friendly focused platform that provides users with carbon credits. Generating momentum and attracting investor attention can be a challenge during the best of times in the cryptocurrency market and it is an even bigger challenge when the markets are …
Continue reading “Perlin (PERL) price gains 100% as the focus on green energy solutions intensifies”
Hawkish Fed comments push Bitcoin price and stocks lower again
Bitcoin price drops a leg lower and stocks slump after St. Lous Federal Reserve President James Bullard signals that interest rates could rise by the end of this year. Bitcoin (BTC) and the wider financial markets faced a new wave of selling on June 18 following comments from James Bullard, the president of the United …
Continue reading “Hawkish Fed comments push Bitcoin price and stocks lower again”
Cardano, Polkadot and Three Altcoins Are Technologically Superior to Ethereum, According to Weiss Ratings
Five cryptocurrency projects are more technologically advanced than Ethereum, according to veteran financial ratings agency. The latest update from Weiss Crypto Ratings shows Cardano (ADA), Polkadot (DOT), Tezos (XTZ), Cosmos (ATOM) and Fantom (FTM) have “excellent” technology ratings. Ethereum (ETH) lags behind with a “good” rating, alongside Holo (HOT), Iota (IOTA), Grin (GRIN), Bitshares …
Bitcoin Whales Quietly Accumulate $3,380,000,000 in BTC in Less Than One Month: Report
Whales are busy buying Bitcoin (BTC) now that the price of the top crypto has dropped from an all-time high of nearly $65,000 to below $40,000. According to the crypto analytics firm Santiment, Bitcoin addresses holding 100 to 10,000 BTC added a total of 90,000 BTC in the last 25 days – currently valued at …
Bulls hesitate to buy the dip after Bitcoin price falls close to $35K
Bitcoin’s drop to $35,130 has bulls hesitant to buy the current dip but on-chain data shows long-term holders continue to accumulate. On June 18, Bitcoin (BTC) and traditional markets faced another day of downward pressure comments from the United States Federal Reserve about the possibility of raising interest rates sooner than expected has led to …
Continue reading “Bulls hesitate to buy the dip after Bitcoin price falls close to $35K”
Crypto company CEO says the recent crypto boom brought increased adoption
Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX. Cryptocurrency has gone through a number of bull and bear cycles since the industry’s inception in 2009. While 2017 saw the crypto industry boom around initial coin offerings and a rising Bitcoin (BTC) price, 2020 and 2021 have seen the …
Continue reading “Crypto company CEO says the recent crypto boom brought increased adoption”
Community reacts as Mark Cuban calls for regulations after getting ‘rugged’ on TITAN
Dallas Mavericks owner, Mark Cuban, who became known as a decentralized finance (DeFi) enthusiast and a high tier investor, told Bloomberg he was lazy and failed to do his own due diligence, causing him to lose money in a recent bank run. Cuban invested in a DeFi project, Iron Finance, that witnessed a “historical bank …
Coinbase co-founder says people shouldn’t underestimate Dogecoin
Dogecoin’s history showed crypto why it’s haste to dismiss a good meme that could manifest into concrete progress, said Coinbase co-founder Fred Ehrsam in his interview with Emily Chang on a Bloomberg TV appearance. The largest cryptocurrency exchange in the US, Coinbase, was launched out of a two-bedroom apartment in San Francisco after Ehrsam met …
Continue reading “Coinbase co-founder says people shouldn’t underestimate Dogecoin”
Crypto.com services now available to 400 institutional partners with Fireblocks integration
Institutional digital asset Fireblocks announced today it had integrated Crypto.com into the Fireblocks Network, the largest and most active digital asset transfer network for institutions. The move will allow Crypto.com to expand its reach to over 400+ institutional participants through the Fireblocks Network, which includes some of the biggest global banks, liquidity providers, OTCs, hedge …
NASCAR Driver Landon Cassill to Be Paid in Cryptocurrency for the Remainder of the Season
The American professional stock car racing driver, Landon Cassill, has announced he has partnered with the crypto-asset platform Voyager Digital Ltd. in order to get paid in cryptocurrency. Cassill’s announcement notes that the racer will be paid in crypto for the remainder of the 2021 NASCAR Xfinity Series season. Landon Cassill to be Paid in …
Crypto-Powered Investing App SimpleFX Launches $50,000 “Euro 2021 Trading Cup”
sponsored Are you a crypto trader looking for a fun opportunity to earn more returns or a soccer fan who wants to add some excitement during the Euro Cup? Great news, crypto-powered investing app SimpleFX launches a trading contest with a $50,000 prize pool. The SimpleFX Euro 2021 Trading Cup SimpleFX is an online broker …
Continue reading “Crypto-Powered Investing App SimpleFX Launches $50,000 “Euro 2021 Trading Cup””
Out of All the American States Study Shows Hawaii Expressed the Most Crypto Demand This Year
A report published by the independent marketing intelligence company, Miq Digital, explains that Hawaii has seen the most crypto demand of all the states in the U.S., with a 687% increase since 2020. As far as increased cryptocurrency demand since last year, Nevada, California, Florida, and Colorado followed the island state with increases of over …
Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’
Miami’s Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn’t actually talked to any miners from China but said he wants them to know the opportunity is there. Miami’s Mayor Says City Is Open to …
Continue reading “Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’”