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MIT Group Funding Shows Growing Crypto Trading Interest

Floating Point Group, or FPG, a startup delivering institutional crypto traders automation technologies, garnered $2 million of capital from several entities."It's becoming clear that sophisticated quantitative traders and platform developers are viewing the cryptocurrency markets as an exciting new opportunity," FPG CEO John Peurifoy explained in a May 28 statement. The funding

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Grayscale’s Bitcoin Holdings Pass $3 Billion, Growing 76% Year-on-Year

Grayscale, a major digital asset management fund, has continued to grow this year, with the total assets under management (AUM) hitting new highs.According to a May 19 tweet, Grayscale’s total AUM hit $3.8 billion, surging over 80% from $2.1 billion in May 2019.Bitcoin trust continues to gain momentum Grayscale’s Bitcoin (BTC)

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Bitcoin’s Market Structure is Growing Highly Bullish After Breaking Through This Level

Bitcoin saw a notable breakout today after being caught within a prolonged bout of sideways trading over the past several days and weeks, with today’s upwards movement bolstering the cryptocurrency’s market structure. One prominent trader is now that he believes that the cryptocurrency is bound to see further upside due to

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Bitcoin’s Computing Power Is Growing Again After Coronavirus-Related Disruption

The computer processing power of the bitcoin network is growing again – albeit slowly – as major Chinese miner manufacturers gradually resume business after the coronavirus outbreak delayed shipments.The average hashing power on bitcoin (BTC) over the past seven days has reached a new high of around 117.5 exahashes per

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Bitcoin’s Lightning Network Is Growing ‘Increasingly Centralized,’ Researchers Find

Bitcoin's lightning network is growing "increasingly centralized," making it more susceptible to attacks, asserts a new paper by security researchers.Seen as a potential solution to bitcoin's scaling headaches, lightning is a payment network allowing for speedier and cheaper transactions. Partly to make lightning more robust, developers and researchers have been

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