NYDIG set to bring Bitcoin adoption to 650 US banks and credit unions
NYDIG looks set to deliver on its promise to enable millions of Americans to buy Bitcoin from their bank accounts in 2021. Go to Source Powered by WPeMatico
Month: June 2021
Ethereum Classic price has nearly doubled days after Digital Currency Group’s $50M bet
The gains also appear amid an overall crypto market recovery following Bitcoin’s sharp rebound from $30,000-support. Go to Source Powered by WPeMatico
British Bank Natwest Imposes Daily Limit on Transfers to Cryptocurrency Exchanges Over Fraud Concerns
A major British bank, Natwest, has put a limit on fund transfers to cryptocurrency exchanges over concerns of fraud and scams related to cryptocurrencies. The bank is also blocking payments to a number of cryptocurrency asset firms. Natwest says the two moves are necessary to protect customers. Natwest Places Limit on Transfers to Crypto Exchanges … Read more
New Bitcoin exposure Index to track equities that perform like BTC
Melanion Bitcoin Exposure Index tracks an equities basket with the highest correlation and revenue exposure to Bitcoin. Go to Source Powered by WPeMatico
Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’
The serial Bitcoin critic has once again dismissed BTC’s value proposition as a form of currency. Go to Source Powered by WPeMatico
Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary
Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors. Go to Source Powered by WPeMatico
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since Monday. Pancakes, Sushi, and Unicorns Decentralized finance continues to astonish, as billions of … Read more
Australian regulators seek public input on crypto ETPs
The Australia Securities and Investments Commission has indicated that Bitcoin and Ether are the only two crypto assets likely to meet its evolving criteria for a regulated crypto ETP. Go to Source Powered by WPeMatico
Institutional investors aren’t buying Bitcoin at 50% of all-time highs …for now
Ahead of the major GBTC unlocking event, it seems institutions and retail alike have cold feet about $34,000 Bitcoin. Go to Source Powered by WPeMatico
Bank of Russia forms first digital ruble testing group
Twelve Russian banks including Sberbank, VTB and Tinkoff Bank will help the Bank of Russia test the digital ruble in January 2022. Go to Source Powered by WPeMatico
