Financial Industry News
Cryptocurrency asset manager Grayscale Investments announced earlier yesterday that it would consider venturing into new crypto investment products, including ones that would track Solana, Polygon, and Internet Computer, among other tokens. We’re always exploring new assets that can help us grow our family of investment products. Here are 13 additional we’ll explore: $1INCH $BNT $CRV […]
Continue ReadingEarlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task Force, the House Democrat group will feature 12 members of the House Financial Services Committee. I applaud Chairwoman Waters’ decision to elevate the attention given […]
Continue ReadingOn June 18, Goldman Sachs began trading Bitcoin futures through Mike Novogratz’s Galaxy Digital network, paving the way for banking institutions. Galaxy Digital announced the agreement as part of Goldman Sachs’ crypto investment strategy. Galaxy And Goldman Sachs Shake Hands Goldman Sachs has taken a step further in its efforts to assist hedge funds and […]
Continue ReadingAccording to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. Africrypt Stops Operations Abruptly Africrypt abruptly ceased operations nearly two months ago, prompting the banking institution’s denial. The crypto investment firm’s management claimed at the time that Africrypt’s trading system […]
Continue ReadingEther (ETH) price outperformed Bitcoin (BTC) by 173% from March 28 to May 15. The incredible bull caused the token to reach a $4,380 all-time high. However, as cryptocurrency markets initiated a sharp drop on May 12, the trend started to reverse, and since then, Ether has underperformed by 25%. Some might say it is […]
Continue ReadingComing every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Hawkish Fed comments push Bitcoin price and stocks lower again […]
Continue ReadingIn the past year, we’ve seen top-tier brands, major league sports teams, celebrities and the like embrace the NFT landscape. Now, major traditional media companies are seeing the light. This week, CNN and Fox are starting their own respective NFT projects. The CNN NFT: Showcasing Newsworthy Moments CNN has announced their first NFT project, “Vault […]
Continue ReadingSino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn off their machines. This has created another variable in the already uncertain crypto market. At 0:00 on June 20, the […]
Continue ReadingAt the moment, there seems to be a general assumption that when the U.S. dollar value increases against other global major currencies, as measured by the DXY index, the impact on Bitcoin (BTC) is negative. For the past few weeks, analysts and influencers have been issuing alerts about this inverse correlation, which held true until […]
Continue ReadingWhile the SEC continues to slow-roll the listing of a Bitcoin ETF, traders on legacy exchanges eager to get some exposure to crypto will soon have another outlet. In an announcement on Friday, Canada’s Hive Blockchain Technologies revealed that it has received approval to list shares on the Nasdaq stock exchange. Hive currently trades on […]
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