Cryptocurrency Analysis and News Portal
Bitcoin price is back in the mid-$50,000 range, unable to push any lower despite bears best efforts and overheated technical indicators pointing to a potential trend reversal. However, several fundamental factors are proving to be too strong, and are setting the stage for the next leg up in the ongoing
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ArmorFi's CTO has also offered to get a tattoo chosen by the ethical hacker who found the bug. Source
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ARK Investment Management CEO Cathie Wood said she believes more companies will load their balance sheets up with bitcoin.In a Saturday interview with Yahoo Finance, the exchange traded fund (ETF) magnate and outspoken bitcoin advocate said large companies have asked her if they should follow Square. Inc’s lead. Square is
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The current data suggests an imminent explosive bull run that could propel Ether to even greater heights.Reports from crypto analysts and experts have revealed that ETH reserves on centralized exchanges have plunged by 27% within just 48 hours. Ethereum isn’t looking to back down anytime soon this year as the
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Stocks in Asia-Pacific are mixed as the US Federal Reserve released the minutes of their November meeting. Chinese JD Health filed for IPO on the Hong Kong Stock Exchange.On the 26th of November, stocks in Asia-Pacific mixed in after the US Federal Reserve released its November meeting minutes. During the meeting,
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The U.S. Federal Reserve and the rise of “zombie companies” is prompting investors scramble to hedge against inflation using bitcoin and gold.That’s according to Mark Yusko, founder and CEO of investment firm Morgan Creek Capital Management, who spoke with CNBC’s Fast Money host Melissa Lee on Thursday.Yusko took aim at
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Stablecoin issuer TrustToken is bringing its proof of reserves system for TrueUSD (TUSD) collateralization levels on-chain. Adding Chainlink to an existing partnership with accounting firm Armanino makes it possible.The transparency measure is meant to provide additional certainty for decentralized finance (DeFi) traders who often rely on asset-backed stablecoins – even
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Mode, a U.K.-listed company, has announced plans to make a "significant purchase" of bitcoin as part of its treasury investment strategy. Source
Read MorePer an interpretive letter from the U.S. Office of the Comptroller of the Currency released on Monday, national banks will be free to hold reserve currencies for stablecoins.The new guidance reads, "We conclude that a national bank may hold such stablecoin 'reserves' as a service to bank customers."Alongside the announcement,
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MicroStrategy told the SEC it "may increase" its bitcoin (BTC) holdings beyond the $250 million haul purchased in August. Source
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