Mark Cuban is more into crypto than he’s previously let on
“I still have crypto from the early days of Coinbase. I’ve never sold anything.” Go to Source Powered by WPeMatico
Month: January 2021
Here’s why IOST, Horizen (ZEN) and Avalanche (AVAX) surged as Bitcoin crashed
Strong fundamentals and new offerings explain why IOST, Horizon (ZEN) and Avalanche (AVAX) rallied higher as Bitcoin price pulled back. Go to Source Powered by WPeMatico
Reuters: Gary Gensler, MIT blockchain professor and Obama’s CFTC chair, to head Biden SEC
Gensler taught a course on “blockchain technology’s potential use — by entrepreneurs and incumbents — to change the world of money and finance.” Go to Source Powered by WPeMatico
Goldman Sachs says Bitcoin is on the path to maturity
Analyst Jeff Currie believes more institutional money is needed to stabilize the market. Go to Source Powered by WPeMatico
State-Backed Agricultural Bank of China Launches the First Digital Yuan ATMs
The Agricultural Bank of China (ABC), one of China’s “big four” banks, is embarking on a pilot program to enable the first digital yuan ATMs. The banking institution deployed the first machines in selected branches in Shenzhen. ATMs Will Work With a Smartphone App According to SZ News, the program is part of the ongoing … Read more
Underhyped? Bitcoin sentiment lags despite bull run
Bitcoin hype has never been quite the same since 2019, according to this metric. Go to Source Powered by WPeMatico
Crypto Prices Show Signs of Recovery, Market Analyst Says ‘Bitcoin Remains in a Healthy Place’
Bitcoin and a number of other cryptocurrencies have regained some of the percentage losses they suffered this past Monday, as various crypto assets are up today between 5-25% in value. On Monday, the crypto economy dipped under the $800 billion handle after the entire market cap fell from its trillion-dollar valuation. Today, the overall market … Read more
Synthetix (SNX), Compound (COMP) and Maker (MKR) soar as Bitcoin stabilizes
Synthetix, Maker, and Compound surge as the DeFi market rallies strongly after Bitcoin price recovers. Go to Source Powered by WPeMatico
OCC’s Brian Brooks thinks that DeFi can root out bias and fraud in traditional banking
Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers. Go to Source Powered by WPeMatico
Fidelity doubles down on Hong Kong crypto operator
The mutual fund giant now owns 6.29% of BC Technology Group following the latest cash injection. Go to Source Powered by WPeMatico