Institutional Goes Exotic: Valkyrie’s Multi-Coin Trust Eyes Staking Rewards
Investing in a basket of proof-of-stake tokens should yield about 6% annually, CIO McClurg said. Source
Read MoreInvesting in a basket of proof-of-stake tokens should yield about 6% annually, CIO McClurg said. Source
Read MoreGoldman Sachs is reportedly pursuing an alliance with one of the top cryptocurrency exchanges FTX.The CEO of Goldman Sachs David Solomon reportedly met with Sam Bankman-Fried, the founder of FTX in a closed-door meeting in March to discuss various prospects of working together, reported the Financial Times.According to the report,
Read MoreCrypto exchange FTX's founder, Sam Bankman-Fried, met Goldman Sachs CEO David Solomon to discuss potential collaborations between the two firms, the Financial Times reported Thursday. Source
Read MoreBitcoin extended its recovery above the $41,400 against the US Dollar. BTC could rally further if there is a clear close above the $41,500 and $41,800. Bitcoin started a decent recovery wave above the $41,000 and $41,400 levels. The price is now trading above $41,000 and the 100 hourly simple moving average. There
Read MoreOn March 11, United States President Joe Biden issued an executive order in which he encouraged the Federal Reserve to continue research on a prospective U.S. central bank digital currency, or CBDC.The order emphasized that the market capitalization of digital assets had surpassed $3 trillion in November — with Bitcoin
Read MoreApeCoin's (APE) market valuation could grow by nearly 250% in the second quarter of 2022 as it breaks out of a widely-tracked, classic technical pattern.APE price "bull pennant" breakout underwayOn April 13, APE's price broke above the upper trendline of what appears to be a "bull pennant" chart pattern.Bull pennants
Read MoreThe latest moves in crypto markets in context for April 8, 2022. Source
Read MoreNear Protocol (NEAR) has rallied by almost 30% after announcing on April 6 that it had raised $350 million in a funding round led by Tiger Global, a New York-based hedge fund. NEAR price eyes 100% price rallyNEAR's price reached over $19.75, just about 2.5% below its all-time high. However, many
Read MoreBitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin risks return to $38,000 supportData from Cryptox Markets Pro and TradingView showed BTC/USD consolidating in a range bounded by $44,000 prior to Friday’s
Read MoreCrypto investment firm Pantera Capital, which has $5.8 billion in assets under management, is raising $200 million for a fund focused on “more mature, revenue-generating companies” than Pantera’s typical early-stage investments, according to an investment letter published Monday. Source
Read More