A global management firm handling over $2.2 trillion in assets is ready to embrace crypto. In a new interview with CNBC, Pimco chief information officer Daniel Ivascyn says that even though cryptocurrencies have a good chance of “disrupting” the industry, the company still plans to invest in digital assets. ADVERTISEMENT “Now we’re looking at …
Yearly archives: 2021
NFT studio Mojito completes $20M seed round with help from Sotheby’s
NFT development studio Mojito announced Friday that they have raised $20M in seed funding from a number of investors, including internationally known auction house Sotheby’s. According to an announcement published in Forbes, Sotheby’s auction house in partnership with Future Perfect Ventures, Creative Artists Agency and NEA’s Connect Ventures, contributed to the round at Mojito’s estimated …
Continue reading “NFT studio Mojito completes $20M seed round with help from Sotheby’s”
Altcoin Roundup: Holding Bitcoin? Here’s how to put it to work in DeFi
The long-awaited day finally came on Oct. 19 as the first Bitcoin (BTC) exchange-traded fund (ETF) went live on the New York Stock Exchange, thrusting the crypto asset into the limelight across mainstream news outlets and alternative media alike. Despite the fact that the ETF in question will hold no actual Bitcoin and is instead …
Continue reading “Altcoin Roundup: Holding Bitcoin? Here’s how to put it to work in DeFi”
Report: Nearly a third of small businesses in the U.S. currently accept payments in crypto
Skynova provides invoicing software for small businesses and in order to gauge the level of adoption when it comes to crypto payments, the company surveyed 584 small-business owners and managers located in the US. The survey revealed that nearly a third of small US businesses currently accept cryptocurrency as an acceptable form of payment. Most …
Binance US explains why Bitcoin fell to $8,200 on its exchange yesterday
Yesterday a surprising event occurred on Binance US as the price of Bitcoin briefly crashed to less than $10,000. Bitcoin flash crashes across exchanges While this anomaly was quickly corrected, it had a far-reaching effect on other exchanges as Kraken also saw the value of BTC drop to around $54,000, Coinbase saw the price drop …
Continue reading “Binance US explains why Bitcoin fell to $8,200 on its exchange yesterday”
Valkyrie’s Bitcoin Strategy ETF Debut Listing Drops Over 4% — Proshares ETF Slides 3.5%
On Friday, the Valkyrie Bitcoin Strategy Exchange-Traded Fund (ETF) launched on Nasdaq under the ticker BTF and dropped in value not too long after the ETF first came out of the gate. The second bitcoin ETF to launch in the United States followed bitcoin’s spot price movements on Friday, as BTF started the day above …
Bybit Is Now Offering 3% Bonuses on Deposits
sponsored Traders who have yet to join cryptocurrency exchange, Bybit can now enjoy 3% bonuses on their first time deposits, capped at $3,000 per user. In addition, traders with combined trading volumes in both Spot and Derivatives of at least $100,000 will be automatically included in an exclusive lucky draw featuring a grand prize of …
Continue reading “Bybit Is Now Offering 3% Bonuses on Deposits”
Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano’s Rank
The crypto asset solana has managed to capture more than 12% in gains during the last 24 hours and has recently positioned itself as the sixth-largest cryptocurrency market capitalization. The crypto asset’s overall market cap is around $62.2 billion, only 11% away from surpassing cardano’s market valuation at $69 million. Solana Takes the 6th Spot, …
Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers
On Thursday, Robinhood CEO Vlad Tenev spoke at a conference called the Disruptor 50 Summit and the executive explained that the waitlist for the company’s recently announced crypto wallet has 1 million sign-ups so far. “We’re very proud of our cryptocurrency platform and giving people more utility with the coins they have,” Tenev said during …
Crypto Newcomer Explodes After Abrupt Altcoin Listing on Binance
A small-cap altcoin is shooting into the stratosphere after earning support from the global crypto exchange Binance. The governance token Tranchess (CHESS) officially began trading today. ADVERTISEMENT News of the coin’s listing triggered a 185% rise in the price of the asset – from $2.77 to $7.91. Its value has since settled to $5.09 …
Continue reading “Crypto Newcomer Explodes After Abrupt Altcoin Listing on Binance”
Associated Press Will Utilize Chainlink To Record Real-World Data on Various Blockchains
The Associated Press (AP) is tapping decentralized oracle network Chainlink (LINK) to make its data accessible on leading blockchains. Chainlink serves as a bridge that can bring off-chain information to blockchains and smart contracts. ADVERTISEMENT The news agency says it’s launching a Chainlink node that will enable it to supply and directly sell datasets …
This Bitcoin Chart Is Like a ‘Cheat Code’ for Calling Top Cryptocurrency’s Trajectory, Says Crypto Analyst Justin Bennett
A closely followed strategist is eyeing price charts from the 2017 Bitcoin (BTC) bull run to see where the world’s leading crypto is heading next. Justin Bennett tells his 82,800 Twitter followers that comparing BTC’s previous peaks and valleys is “like having a cheat code.” He foresees a new all-time high of $80,000 just around …
Global Anti-Money Laundering Body To Roll Out New Crypto Guidance Next Week – Here’s What To Expect
The Financial Action Task Force (FATF) is ready to roll out new recommendations on how governments should regulate crypto assets. The FATF is an inter-governmental agency that develops anti-money laundering standards and measures to prevent terrorism financing. ADVERTISEMENT Speaking at a press conference, FATF president Marcus Pleyer says the new guidance will take a …
Price analysis 10/22: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI
Bitcoin (BTC) and Ether (ETH) have both witnessed aggressive profit-booking after hitting their respective new all-time high. This suggests that traders who had bought on rumors of a Bitcoin exchange-traded fund booked profits following the successful launch of the ProShares’ Bitcoin Strategy ETF (BITO). The bulls tried to stage a recovery in Bitcoin after the …
Continue reading “Price analysis 10/22: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI”
Reddit may be preparing to launch its own NFT platform
Social media platform Reddit appears to be hiring workers to support the design, build, and maintenance of a nonfungible token platform. According to a Greenhouse job posting, Reddit is looking for a senior backend engineer for a platform responsible for “millions of users to create, buy, sell and use NFT-backed digital goods.” The position requires …
Continue reading “Reddit may be preparing to launch its own NFT platform”