Cryptocurrency Analysis and News Portal
The news about the Morgan Stanley Unit Counterpoint Global’s probable bet on Bitcoin has sent the price of the currency to a new all-time high.A unit of American multinational investment bank and financial services giant Morgan Stanley (NYSE: MS), known as Counterpoint Global is reportedly eyeing a Bitcoin (BTC) move.
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The final phase of the TrueFi launch should initiate the beginning of a highly functional, cross-chain uncollateralized lending platform, equally able to serve institutions, retain users, and lend to other protocols.Defi took off in 2020 in a major way, with applications such as decentralized exchanges and decentralized lending exploding in
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A move by US banks to adopt Bitcoin could be a huge call to legitimize the entire crypto industry and is likely to influence other global banks. As the cryptocurrency market capitalization almost tops $1.5 trillion, US banks are feeling the pressure from within Wall Street to accept Bitcoin and other
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BitPay is joining forces with Apple Pay as more institutions are inclining toward cryptocurrencies, influenced by Tesla’s $1.5B investment in Bitcoin.Atlanta-based crypto payment provider BitPay has taken a step further with cryptocurrency transactions by incorporating Apple Pay into its platform. Now users can add the Mastercard Prepaid service to Apple
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Leading cryptocurrency exchanges are rushing to add support for assets based on the Algorand blockchain. The recent additions will allow users to deposit and withdraw assets such as Tether (USDT) and USDC using the Algorand protocol. Users will also be able to trade those assets for other cryptocurrencies in a
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Cryptocurrency can transform the way we exchange goods and services, but establishing a baseline sense of stability is a prerequisite to the expansion of this technology.For the better part of the last decade, cryptocurrencies have captivated the minds of investors interested in applying the latest technologies to the age-old concept
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A Bitcoin ETF has been approved in North America. Canadian securities regulators on Thursday approved the first publicly traded Bitcoin exchange-traded fund Purpose Bitcoin ETF.While everyone was looking at the SEC to approve the first ETF in the US, Canada has made a move for it and proven its progressive
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The crypto industry in Africa and India is still nascent as the countries are just beginning to come to terms with what this new technological advancement means for their financial industry.Twitter’s CEO Jack Dorsey together with billionaire music mogul Jay-Z have announced a blind Bitcoin (BTC) development trust that is
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According to the analysis, the ratio between Bitcoin market capitalization and thermocap suggests the asset could surge another 135% in the near future.As institutional investors proliferate into the crypto industry, Bitcoin price prediction from different corners continues to fuel the ongoing bull rally. According to Glassnode CTO and co-founder Rafael
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Crypto traders and investors as well as companies are expected to be given a three to six month transition period to liquidate their digital holdings after the new law is made officially.According to reports, India is set to issue a crypto ban in the country as a draft bill is
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