Crypto remittances see adoption, but volatility may be a deal breaker
The path to mass cryptocurrency adoption passes through remittances, but it may not happen any time soon. Go to Source Powered by WPeMatico
Volatility
Auto Added by WPeMatico
Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US
A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from the U.S. in order to get their perception of the cryptocurrency … Read more
Deutsche Bank analyst: Bitcoin will be ‘ultra-volatile,’ but it’s here to stay
An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage” over other cryptocurrencies for the foreseeable future. Go to Source Powered by WPeMatico
Ethereum options data suggests the battle for $4K ETH is at least a week away
Traders are long on Ethereum, but derivatives data suggests that $4,000 ETH is a long shot in the short term. Go to Source Powered by WPeMatico
Matrixport Launches ‘BTC-U Range Sniper’ — Returns Up to 200% for Accurate Predictions
The financial asset services platform Matrixport has introduced a variety of new products since the firm raised $100 million in a Series C financing round during the first week of August. Following the launch of the company’s “ETH2.0 Staking Earn” earning service, Matrixport has introduced another service product called “BTC-U Range Sniper” which allows traders … Read more
Unstable Bitcoin price to pivot investment flow to gold, mining chief says
Evolution Mining’s executive chairman said gold and Bitcoin could coexist, but the latter is not yet mature enough to deliver the established safe haven assurance of the latter. Go to Source Powered by WPeMatico
Robinhood introduces feature aimed at protecting investors from crypto volatility
“We’ve been doing a lot of work behind the scenes to provide our crypto customers with the functionality that they’ve been asking for,” said Robinhood CEO Vlad Tenev. Go to Source Powered by WPeMatico
Bitcoin security still a concern for some institutional investors
Security of cryptocurrency custodial services is still among significant hurdles preventing institutional investors from buying crypto for the first time, new data suggests. Go to Source Powered by WPeMatico
Many JPMorgan clients see Bitcoin as asset class, says senior exec
“The volatility you see in it today just has to play itself out,” JPMorgan’s director of asset and wealth management said. Go to Source Powered by WPeMatico
Crypto is an ‘untested asset category,’ says UBS CEO Ralph Hamers
The UBS chief said the bank continues to urge caution when it comes to crypto exposure for its clients. Go to Source Powered by WPeMatico
