Cryptocurrency Analysis and News Portal
Palantir Technologies (NYSE:PLTR) Chief Operating Officer Shyam Sankar said Tuesday he thinks the company’s new crypto software will be a “massive accelerant for crypto companies.”Earlier this year Palantir, a data analytics software company that was co-founded by billionaire Peter Thiel, released its Foundry software to serve the cryptocurrency market.“We are
Read More
There is no telling what exactly would be the thing that pushes bitcoin into the $2 trillion territory. For now, the asset is still one of the most valuable assets in the world with a total market cap of $1.15 trillion. Nonetheless, investors continue to look what will be the
Read More
The U.S. House of Representatives voted to pass the infrastructure bill that contained a provision that shook the crypto world. Financial regulators called on Congress to regulate stablecoins. In other words, crypto had a big week in Washington, D.C.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection
Read More
Vikram Pandit believes every major financial institution will be considering trading crypto “in one to three years.”Nov 8, 2021 at 9:32 a.m. UTCUpdated Nov 8, 2021 at 3:52 p.m. UTCVikram Pandit at The Bloomberg Year Ahead 2015 Conference (Andrew Harrer/Bloomberg via Getty Images) Original Source
Read More
The nonfungible token (NFT) market is growing. According to a new report by analytics platform DappRadar, NFT trade volume soared past $10 billion during the third quarter of 2021, a sevenfold increase from the previous quarter’s figure. Although a significant slice of that action comes from runaway hits like NBA
Read More
Now, as the original blockchain network prepares for its next big upgrade in November, known as Taproot, few investors are expecting a price reaction remotely on that scale. The bitcoin price has already doubled this year and hit a new all-time high near $67,000 last week. While further gains are
Read More
Join Cryptox host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown:Then, special guest Big Cheds shares some technical analysis on trending charts, the
Read More
Options traders are turning their attention to long-term bullish bets on the cryptocurrency ether, as some anticipate that an ether-based exchange-traded fund (ETF) product will likely follow the launch of the first bitcoin futures-based ETF in the U.S.Data reveal a growing demand for long-dated, out-of-the-money (OTM) call options on ether
Read More
Every major American issue seems to get sucked into the “red vs. blue” political dichotomy these days, and now it is cryptocurrency’s turn in the barrel. Following somewhat tense recent testimony between U.S. Securities and Exchange Commission Chairman Gary Gensler and the Senate Banking Committee, Politico confidently declared “Crypto becomes
Read More
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has confirmed that he has not been shorting cryptocurrencies, including bitcoin, despite speculations that he may have. His confirmation came after he recently asked how to short crypto. Michael Burry Says He Is Not Shorting Cryptocurrencies Famous investor and founder
Read More