August 4, 2022

#MAXBIDDING

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Whenever I step onto a tennis court, my sole desire is to atomise any green felt ball that flies...
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Gnosis (GNO) Price Prediction 2022, 2023, 2024, 2025: Will GNO Price Go Up?

As retailers’ interests diverge from ventures that are considered mainstream, the crypto-verse has been open to continuous innovation. Several cryptocurrency projects with breakthrough innovations have emerged in the market. One such project is Gnosis, which is a decentralized prediction market network that is open-source and built on the Ethereum network. The company’s core objectives include...
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Revolut Planning to Increase Crypto Staff by 20% During Bear Market

The British fintech firm Revolut plans to increase crypto-focused staff by 20% across the U.K., U.S., and Europe over the next six months.  It is now advertising for 13 industry-related roles, including software engineers, crypto legal professionals, and financial compliance and crime prevention experts. The Long-Term Crypto Play According to Bloomberg, Revolut has already hired...
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Virgina Pension Fund Invests $70M in Crypto Lending

The blow-up of the crypto lending crisis this year sent shockwaves across the sector. That hasn’t deterred Fairfax County Retirement Systems’ attempt to plow deeper into the space. Fairfax County’s pension fund, worth $6.8 billion, received approval to pour in investments of $70 million across two crypto yield farming funds. The development comes a month...
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Riot Blockchain Mined 28% Less Bitcoin is July Due to Massive Heat Waves

One of the leading bitcoin mining companies – Riot Blockchain – mined 318 BTC in July – a 28% production decrease compared to June’s figures. The main reason for the crippled productivity was last month’s extremely hot weather in Texas. It caused the company to shut some of its mining rigs in the area as...
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MicroStrategy Stocks Soared 15% After Michael Saylor Stepped Down as CEO

The former Chief Executive Officer of MicroStrategy – Michael Saylor – abdicated from his post and took another role at the firm. He will serve as an Executive Chairman of the Board, particularly focused on bitcoin advocacy. The news positively impacted MicroStrategy’s shares, surging by 15% within 48 hours after the announcement. Earlier this week,...
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Coinbase (COIN) Shares Soar 18% Following BlackRock Announcement

Coinbase (COIN) shares are trading for $95.55 following the announcement of its partnership deal with Blackrock. That’s up 18% from Wednesday’s $80.81 close – adding to a mysterious momentum boost the stock has experienced since Wednesday.  CryptoPotato reported on Thursday that BlackRock – the world’s largest asset manager – tapped Coinbase to help provide crypto...
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Bitcoin(BTC) Price Analysis: These May be the Price Targets for the Weekend

Bitcoin(BTC) pierce at the press time is trading around $23,088.04 with a drop of 1.82% in the past 24 hours. While the asset has recorded marginal gains in the past 7 days of 0.24% and surged more than 17.93% in the past 30 days. The market cap is also heading strongly towards $450 billion, currently...
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BlackRock Taps Coinbase for Institutional Crypto Trading and Custody Services

BlackRock, the world’s largest asset manager, is partnering with US crypto exchange giant Coinbase, to offer digital asset exposure to institutional clients. Coinbase announced the collaboration in a blog post on Thursday (August 4, 2022). According to the statement, institutional clients of BlackRock’s investment management platform Aladdin (Asset, Liability, Debt, and Derivative Investment Network) will...
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Ex-Coinbase Executive Pleads Not Guilty to Insider Trading Case: Report

Coinbase former product manager Ishan Wahi who was accused of being involved in insider trading by U.S. authorities has pleaded not guilty to the charges. According to Reuters, Ishan Wahi pleaded not guilty in a Manhattan federal court on Wednesday (August 3, 2022). He is facing wire fraud charges following his involvement in an alleged...
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Coinbase selected by BlackRock; provide Aladdin clients access to crypto trading and custody via…

Tl;dr: Coinbase and BlackRock to create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin By Brett Tejpaul, Head of Coinbase Institutional and Greg Tusar, Vice President, Institutional Product Over the past few years, Coinbase has played a central role in developing and strengthening crypto markets as the safest, most trusted...
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NUGEN Coin – The Official Gold Sponsor of Blockchain Futurist Conference 2022, Canada

[PRESS RELEASE – Please Read Disclaimer] NUGEN leverages the concept of metaverse and NFTs through its own immersive platform, NUGEN Metaverse. NUGEN, a promising web 3.0 initiative, has proudly revealed that they are the gold sponsors of Blockchain Futurist Conference (BFC), Canada’s largest blockchain and cryptocurrency event. It is a two day conference that kicks-off...
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U-Turn: Major Portuguese Banks Close Crypto Accounts (Report)

Some of the leading banks in Portugal, including Banco Comercial Portugues and Banco Santander, have reportedly shut down all of CriptoLoja’s accounts last week. The company is the first cryptocurrency exchange that received a license to operate in the country. Prior to that, Portugal’s authorities have displayed a predominantly crypto-friendly stance, rejecting two tax proposals...
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Introducing Bitcoin Magazine Pro’s “Long Live Macro Report”, Sponsored by BitMEX

This blog presents an introduction to Bitcoin Magazine Pro’s latest report, entitled: ‘July Monthly Report: Long Live Macro.’ You’ll find the full report here.With 2022 well past the halfway point, it is abundantly clear that long/short macro investing has come back with vengeance. Riding high following the stimulus-frenzied market of 2020/2021, 2022 has been characterised...
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Your Step-By-Step Guide to Trading FX Swaps on BitMEX

(Any views expressed in the below should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Yesterday, we launched 22 FX swaps on BitMEX – a new breed of crypto derivative that allows users to long or short some of the most popular...
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Slope Wallets Assumed to Be the Culprit of the Solana Attack

Over the past few days, Solana users have suffered attacks by bad actors with several million dollars worth of crypto being stolen by unknown bad actors. At the moment, wallets are still being drained, albeit at a slower rate. Solana’s security team has spent its time looking for the breach point, and it seems the...
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ZB Crypto Exchange Reportedly Loses Nearly $5 Million in a Possible Hack

ZB.com seems to be the latest victim in a series of latest hack incidents, with potential hackers reportedly draining around $4.8 million from the cryptocurrency exchange’s hot wallet. The platform, which claims to be the most secure digital asset exchange in the world, was formerly based in China before relocating and setting up operations in...
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Lido Staked Ether (STETH) $ 3,347.13 7.37%
Cardano (ADA) $ 0.79843 4.04%