Cryptocurrency Analysis and News Portal
Ned Davis, who has operated his namesake Wall Street research firm since 1980, believes a Nasdaq bubble is forming. Based on the rough correlation between Bitcoin (BTC) and stocks in recent months, it could negatively affect the crypto market.Since March 2020, Bitcoin and the S&P 500 saw an uncanny correlation. There
Read More
Over the past few weeks, TikTok has found itself in hot water over security issues. First, it was axed in India along with 58 Chinese apps for “stealing and surreptitiously transmitting users’ data in an unauthorized manner.” Later, it became a major target for Trump’s administration against the backdrop of
Read More
The son of former Nissan chairman Carlos Ghosn made $500k in crypto payments to help secure the escape
Read More
The Maltese government is continuing to break away from its once-prominent blockchain agenda, as it intends to take a more holistic approach toward digital economy development.In a recent interview with Cryptox, Kearon Bruno, chairman of Digital Economy Think Tank, an advisory body tasked with diversifying and consolidating Malta’s economic portfolio,
Read More
A new survey seems to debunk the common conception of Turkey as a cryptocurrency-savvy country. Major Turkish crypto exchange Paribu had a simple aim: to find 1,000 Turkish citizens who somehow heard about crypto. It took over 6,000 video interviews across 12 cities in Turkey during the peak of COVID-19 outbreak,
Read More
Bitcoin (BTC) will pass $20,000 if United States banks invest even 1% of their assets, one analyst believes.Discussing institutional uptake of Bitcoin on July 23, Capriole digital asset manager Charles Edwards said that it was “not hard to see” the unfolding trend.“Not hard to see where this is going”“If US
Read More
More than 1,000 Twitter employees and contractors had access to the internal admin panel that enabled last week’s Twitter hack of 130 high profile accounts.According to Reuters on July 24, two former employees have shed light on just how vulnerable Twitter’s security was — and may still be. They said
Read More
Major Japanese financial services company SBI Holdings now owns a 10% stake in the digital security offering platform Boostry.The news follows the signing of a memorandum of understanding between Nomura Research Institute — a joint venture of Boostry’s majority-owner Nomura Holdings — and SBI. 54% of the platform is owned
Read More
Avanti Bank & Trust, Wyoming-based pioneering financial institution planning to offer services to the crypto industry, has announced plans for a ‘stablecoin disruptor’ that’s designed to modernize U.S. dollar payments.In a July 23 announcement, Avanti said that the payment instrument, dubbed ‘Avit,’ is not a security and predicted it “will
Read More
On Wednesday, the Bitcoin and crypto market was treated with positive news from U.S. regulators. The Office of
Read More