Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital

Mike Novogratz’s Galaxy Digital will serve as the counterparty entity for Goldman Sachs’s Bitcoin futures trading product. Goldman Sachs has debuted a Bitcoin (BTC) futures trading product for its client in collaboration with crypto investment giant Galaxy Digital. According to CNBC, the move marks the first time the Wall Street bank has partnered with a …

Chainlink Grants Program Expands to Include Social Impact Initiatives

The Chainlink Community Grant Program is expanding beyond smart contracts and blockchain projects focused on the Chainlink ecosystem Social Impact Initiatives will now be included in the Chainlink Community Grant Program The grants program will now fund developers and researchers building real-life solutions using smart contracts The team at Chainlink has announced the expansion of …

Holder of 92,000 BTC explains why energy concerns aren’t Bitcoin’s biggest threat

Michael Saylor discussed what he perceives as the biggest risk to Bitcoin, and it’s not to do with environmental, social, or governance (ESG) factors. Environmental, Social, and Governance (ESG) ESG refers to a set of standards that investors use to determine how a particular company stacks up in terms of social responsibility. Environmental criteria look …

How DeFi project Archer DAO protects traders from the MEV problem

Archer DAO combats one of the most criticized problems plaguing the DeFi market today: That of opportunist bots and front-running programs that result in burgeoning GAS costs on networks like Ethereum. The problem Termed ‘Miner Extractable Value,’ the tactic is used by a proof-of-stake miner’s ability to place transactions into each unique block. This allows …

Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals

Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able to exchange their e-CNY funds for cash and vice versa. Some of the teller machines are located in a popular shopping area. Banks Launch Support for Digital Yuan at ATMs …

Spain’s BBVA Opens Bitcoin Trading to All Private Banking Clients in Switzerland

Spain’s second-largest bank, BBVA, is opening up its bitcoin trading and custody service to all private banking clients in Switzerland in a few days. The bank has been testing the cryptocurrency service for six months. “The bitcoin management system is fully integrated” in the bank’s app, “where its performance can be viewed alongside that of …

Nestree Launches a Reward-Based Digital Commerce “Nestree Mall”

press release PRESS RELEASE. A South Korean blockchain-based community messenger “Nestree” has announced that it is launching an innovative and cutting-edge reward-based digital commerce platform called “Nestree Mall’. Nestree Mall is part of the roadmap of the blockchain platform that will expand the core business of Nestree and increase the use of its native token …

Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region. Sichuan Ya’an Energy Bureau Tells Bitcoin Miners …

This Crypto Newcomer Has Rallied 361% As Bitcoin Moves Sideways

While most crypto assets are suffering through a steep correction, one altcoin has nearly quadrupled in value in less than a month. The price of the collateral-as-a-service token Amp (AMP) has jumped from $0.026 on May 23rd to a high of $0.12 on Wednesday – an appreciation of 361%.   Over the same period, the …

Cardano Creator Charles Hoskinson Predicts Outcome of Battle Between Bitcoin and Ethereum

Cardano founder Charles Hoskinson believes Bitcoin is not well-suited to survive a one-on-one match with Ethereum. Hoskinson, the co-creator of Ethereum and the chief executive of IOHK, the firm behind blockchain platform Cardano (ADA), tells AI researcher Lex Fridman that Bitcoin is an incredible first-generation product, but is becoming primitive relative to other, newer crypto …

These Altcoins in the Cosmos Ecosystem Are About To Go Vertical, According to Top Trader

A notable crypto trader is spotlighting the scalable blockchain network Cosmos (ATOM), predicting that its ecosystem is about to take off. As top automated-market maker (AMM) on Cosmos, Osmosis, prepares to launch its first trading pairs this Saturday, June 19th, pseudonymous crypto analyst known in the industry as Altcoin Psycho says tokens connected to Cosmos …

Four Cryptos To Consider Besides Bitcoin (BTC) – eToro

ADVERTISEMENT OUR STORY                 DISCOVER CRYPTOCURRENCIES                  NEWS AND UPDATES Want to dabble in digital currency, but don’t know where to start? Get familiar with some of the top performing altcoins. It’s far from over, but 2021 is feeling like the year …

Joining the ranks: Bitcoin’s correlation with gold and stocks is growing

BTC used to be an uncorrelated asset, but that’s no longer the case. What can gold and stocks suggest about the crypto markets? Bitcoin (BTC) is an uncorrelated asset, or so the narrative used to go. For much of Bitcoin’s lifetime, it existed as something of value to a very small group of people. Now, …

Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

Bitcoin’s production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows. China’s crackdown on Bitcoin (BTC) mining may have unintended benefits for BTC price action, one analyst suggests. In a tweet on June 18, Charles Edwards, CEO of investment firm Capriole, argued that the Chinese miner …

Over 3,000 ATMs in Beijing can now convert digital yuan into cash

The Agricultural Bank of China previously debuted digital yuan ATMs this January. China continues apace with the adoption of its central bank digital currency (CBDC) as major banks launch a significant batch of digital yuan-powered ATMs. The digital yuan — a CBDC controlled by The People’s Bank of China — is now available for deposit …

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