Cryptocurrency Analysis and News Portal
Transcript Welcome to The Daily Forkast, August 19th, 2021. I’m Angie Lau. Editor-in-Chief of Forkast.News. Coming up, Hong Kong based Sonic Capital launches a green investment initiative. In China, a Shanghai court rules that bitcoin is a legally protected virtual property;and Australia and Singapore team up on a cross-border trade blockchain trial. Let’s get
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Institutional funds in Germany would be able to allocate a portion of their portfolio into crypto-assets, following a new law that would take effect in August. Institutional Funds to Hold up to a Fifth of their Assets in Crypto According to Bloomberg on Friday (July 30, 2021), The Fund Allocation Act would
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Bitcoin price is trading in a positive zone above the $39,000 level against the US Dollar. BTC must settle above $40,000 for a sustained upward move in the near term. Bitcoin is trading positively above the $38,500 and $38,800 support levels. The price is still trading well above $39,000 and the 100
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Wall Street banking giant JPMorgan Chase, is allowing its retail wealth management clients to access a select number of cryptocurrency funds. The bank is the first major U.S. financial institution to enable such exposure to its big-money clients. ‘Open Sesame’ for JPMorgan’s Wealth Management Clients According to Business Insider on Thursday (July
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After having been hailed as a champion of sorts by many within the global digital asset market, Tesla CEO Elon Musk dropped a bombshell on the crypto community earlier in May, backtracking the company’s decision to start accepting Bitcoin (BTC) as a means of payment for various automotive sales. The
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The CEO of Ark Investment Management, Cathie Wood, believes the controversial Tesla CEO and Dogecoin proponent, Elon Musk, will again embrace Bitcoin once greater adoption of renewable energy has occurred within the mining sector.Despite relations between Musk and the Bitcoin community souring, Wood predicted: “Elon will come back and be
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Financial regulators in the U.K. have approved Digivault, the security token custody arm of digital assets group Diginex, to register as a custodian wallet provider.In an announcement from Diginex today, the firm said the Financial Conduct Authority, or FCA, had given the green light to Digivault to register as a
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On May 13, Elon Musk sent shockwaves across the crypto markets by revealing that Tesla will no longer accept any BTC payments for cars until Bitcoin mining becomes more environmentally sustainable. Musk notes that while Tesla waits for Bitcoin to move to renewable energy, the firm will be looking at
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Ninepoint Partners LP, one of Canada’s Bitcoin (BTC) exchange-traded fund issuers, has announced plans to offset the carbon footprint of its BTC ETF product.According to a release issued on Monday, Ninepoint has inked a partnership with carbon offsetting service provider CarbonX. As part of the partnership, Ninepoint will dedicate an
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Ripple started a fresh rally above the $1.50 barrier against the US Dollar. XRP price is likely to surge further if it clears the $1.75 and $1.80 resistance levels. Ripple is gaining bullish momentum above the $1.55 and $1.60 resistance levels against the US dollar. The price is now trading well above
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