Akon’s Crypto Project Adds Financial Infrastructure Outfit Delchain As Partner
Akoin, a crypto project of famous singer Akon, partners with Delchain to bolster expertise prior to token generation Go to Source Powered by WPeMatico
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Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment has led people to question why gold … Read more
Fireblocks to ‘Bridge the Gap’ Between Institutional Traders and DeFi
Digital asset security platform Fireblocks has partnered with Compound to be a branch for institutional players to put assets on the network Go to Source Powered by WPeMatico
Sweden’s Central Bank Wants to Host Innovation Hub for Digital Currencies
Sweden is seeking to amend current laws in a bid to host the Bank for International Settlements innovation hub for digital currencies Go to Source Powered by WPeMatico
Changing the Universal Gravitation in the Financial Industry
The future of the financial system lies in the DLT-based solutions that provide more trust and transparency Go to Source Powered by WPeMatico
Bakkt Closes New $300M Funding Round to Unlock $1 Trillion in Digital Assets
Bakkt has now totally raised over $480 million after closing a new $300 million financing round on March 13 Go to Source Powered by WPeMatico
With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%
Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week and investors were also paying a 20-30% premium. Since … Read more
Wilshire Phoenix CEO Explains $168B US Fed Injection and Crypto Correlation
Wilshire Phoenix CEO Bill Herrmann sheds light on the recent $168 billion Fed injections and their relation to crypto Go to Source Powered by WPeMatico
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group, which has been in the business for some time, welcomes … Read more
Bitcoin Under $1K is Possible Warns Veteran Trader Peter Brandt
The commodities analyst believes the price of the cryptocurrency could drop below $1000 due to the coronavirus induced panic Go to Source Powered by WPeMatico
