Cryptocurrency Analysis and News Portal
Crypto market maker Amber Group will service its clientele of institutional traders with the help of BitGo Trust, the custodial arm of the Palo Alto-based security firm.BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul, the companies said.The
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The crypto lender is only the second firm to disclose such a large GBTC stake, after Three Arrows Capital. Source
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The Global Family Office Summit that took place via Zoom platform on October 20 brought together key players to discuss issues that high value investors are willing to address.Its primary outlined mission is to connect different disruptive tech leaders from all over the world, hence solve the world’s challenges using
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Multinational payments firm Sia is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets.“When you have one bitcoin, it’s not a big problem, but when you start adding 10, 20 or 100, you have a treasury and you have to decide where to store
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Blockchain technology has the potential to boost the global GDP by $1.76 trillion, according to a new PwC report titled “Time For Trust,” with 40 million jobs “enhanced” in the process. But despite forecasting blockchain’s increasing economic impact over time, PwC dismisses the technology’s rising importance in China. Source: PwC ‘Time
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Institutional bitcoin investors are looking "how else they can diversify within the asset class," said Michael Sonnenshein. Source
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For BitMEX, 2020 has been quite a rough year and from the look of things it’s only set to get worse. The popular derivatives exchange is no longer as relevant and impactful on crypto market price action as it was 2 years ago, but a significant short-term price correlation among top
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Trust Wallet moved its TWT tokens to Binance Smart Chain, a move it claims to provide more strength to TWT while simultaneously leveraging the Binance ecosystem.In a surprising move, the Trust Wallet project backed by Binance Smart Chain announced its new token burn on Saturday, October 3. The project announced
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Netflix released the documentary The Social Dilemma this month.The movie details just how insidious the effects of social media have become.While we’ve been on phones, screaming at people like Ellen DeGeneres, we should be more focused on people like Mark Zuckerberg.The Social Dilemma might be this year’s most important documentary.
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As the post-pandemic financial markets stand on shaky ground, further worsened by the economic slowdown faced by almost
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