In a 100-page deep-dive report dubbed “Bitcoin, at the Tipping Point,” Citibank’s global perspectives and solutions team noted that the cryptocurrency could potentially “become the currency of choice for international trade.” The analysts acknowledged that the massive interest shown by several large institutional investors like Tesla, Microstrategy, and PayPal is one of the major propellants...Read More
Reports on Reuters today revealed that American multinational investment bank, Goldman Sachs, will offer bitcoin futures and non-deliverable forwards on behalf of its clients starting next week. According to sources familiar with the matter, the move is part of the bank’s effort to take advantage of the fast-growing crypto space, which is gradually becoming an...Read More
The giant social media platform Twitter has announced plans to raise $1.25 billion through a convertible senior notes offering. Although the company breached “corporate purposes” as the main reason, cryptocurrency proponents speculated if the firm could pull a MicroStrategy and allocate the funds in BTC. Twitter to Raise $1.25B According to a press release from...Read More
A few months following a Cardano integration, the DLT project Wolfram Blockchain Labs (WBL) has done the same with Tezos. As a result, developers working on blockchain analytics and computational contracts will be able to employ the Tezos network. WBL Integrates Tezos WBL is a provider of distributed ledger technology (DLT) solutions that support the...Read More
FD7 Ventures, the cryptocurrency-oriented fund that recently vowed to dispose of its BTC holdings for ADA and DOT, has set up a $250 million micro-fund focusing on investments in teams working on the ecosystems of Polkadot and Cardano. FD7 Goes to India for DOT and ADA Based in Dubai, UAE, FD7 is a crypto-oriented investment...Read More
Recording a few minor dips in the last week , the cryptocurrency market has slowed down its pace. Regardless of this popular trader and influencer has listed 6 promising altcoins for the month if match to cashify. Altcoins have shown increased potential and have advanced themselves, experts calling it a season of altcoins! With all...Read More
Tether, the company issuing the most widely-used stablecoin, USDT, has revealed that it got a ransom demand for 500 BTC. The sender has threatened the company to leak documents to the public that would “harm the bitcoin ecosystem.” Tether Gets a 500 BTC Ransom Demand Tether, the issuer of the popular USDT stablecoin, took it...Read More
Futures contracts allow institutional investors to hedge against future price movements of an asset with the possibility of shorting them. Just like with Bitcoin, the Chicago Mercantile Exchange launched its products when Ethereum was trading on its way to an all-time high. It is unsurprising then that the first month of trading futures has been...Read More
