Globetrotting Binance looks to Ireland for ‘centralized’ headquarters
Binance established three subsidiaries in Ireland during September and the globe trotting exchange may be settling down. Go to Source Powered by WPeMatico
DIGIT
Arcane Research predicts 700 million Lightning Network users by 2030
Arcane Research says that Lightning Network usage has been on a steep upwards trajectory since late last year, but in September growth went parabolic off the back of El Salvador’s Bitcoin adoption. Go to Source Powered by WPeMatico
Gelato raises $11M from heavyweight backers for Web 3 automation
Gelato aims to simply DeFi by automating smart contract operations and helping users rebalance their portfolios. Go to Source Powered by WPeMatico
Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan
According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin. Go to Source Powered by WPeMatico
George Soros’ Fund Holds Bitcoin, CEO Says Cryptocurrency Has Gone Mainstream
Soros Fund Management, founded by billionaire investor George Soros, has invested in bitcoin. The CEO of the asset management company says bitcoin is not just an inflation hedge: “I think it’s crossed the chasm to mainstream.” Soros Fund Management’s CEO Says Bitcoin Has Gone Mainstream Soros Fund Management, the asset management company founded by billionaire … Read more
Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?
SHIB’s 400% rally brings attention back to dog-themed meme tokens and it could be a sign that DOGE is on the verge of an equal-sized breakout. Go to Source Powered by WPeMatico
JPMorgan: Institutional Investors Dump Gold for Bitcoin Seeing It as Better Inflation Hedge
Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price of bitcoin in recent weeks, including assurances that U.S. policymakers will not ban cryptocurrencies. JPMorgan Sees Renewed Interest in Bitcoin JPMorgan published a research note … Read more
‘Public’ Adds Cryptocurrency Trading Citing Millions of Investors See Crypto as ‘Compelling Asset Class’
Investing platform Public, with over 1 million users, is rolling out cryptocurrency trading. “Crypto is gaining momentum as a compelling asset class for millions of investors,” the company said. Public Launches Cryptocurrency Trading Investing platform Public describes itself as “the investing social network where members can own fractional shares of stocks and ETFs [exchange-traded funds], … Read more
Phemex Is a Rebellion Against Traditional Finance, and It’s Winning
Wall Street is often touted as the place where dreams come to life, but the world’s economic epicenter can also be an absolute nightmare. From brokers screaming at each other across trading floors to the modern electronic trading systems of today, money talks in Wall Street. However, while the NYSE houses over $28.5 trillion in … Read more
Tether fires back against report it is using reserves for investments and making crypto-backed loans
“If those loans fail, even a small percentage of them, one Tether would become worth less than $1,” said Bloomberg reporter Zeke Faux. Go to Source Powered by WPeMatico
