A recent filing with the United States Securities and Exchange Commission (SEC) reveals that the international banking behemoth Morgan Stanley has an increased appetite for BTC, even as the price of the cryptocurrency goes up. According to several filings with the SEC, Morgan Stanley has substantially increased its BTC exposure. The company has done so through buying additional shares of the Grayscale Bitcoin Trust (GBTC). Summarizing the difference between the shares Morgan...
Read More »Stripe Considers Reenabling Bitcoin Services, Says CEO
Three years after halting bitcoin payments, citing enhanced volatility and lack of efficiency, the financial services, and software giant Stripe could soon resume its support for cryptocurrencies. During a CNBC-moderated panel at the Fintech Abu Dhabi festival on Tuesday, John Collison – the CEO of Stripe – spoke about the possibilities of his company reenabling digital asset services. Although he failed to provide a conclusive response, Collison said the firm has not ruled...
Read More »Third-Largest Bitcoin Whale Bought $375 Million Worth of BTC in 11 Days
In a matter of two weeks, one of the largest BTC whales has accumulated more than 6,600 coins as the price of the asset has declined by more than 10% in the same timeframe. CryptoPotato frequently reports the sales and purchases of this particular whale, which tends to sell when the asset’s price has appreciated significantly in a short period of time and vice-versa. In the past several weeks, though, they have been focused on accumulating only, as CryptoQuant’s analyst...
Read More »Ethereum Price Analysis: ETH at 2-Month Highs Against Bitcoin
Key Support levels: $4,000 | 0.070 BTC Key Resistance levels: $4,350, $4868 (ATH) | 0.080 BTC ETH’s price is currently consolidating between the support at $4,000 and the resistance at $4,350. However, on the Bitcoin pair, ETH looks much more interesting as it has just hit a 2-month high (0.076 BTC) and appears ready to break above a key resistance spanning all the way back to 2018. If ETH can do this successfully, it may outperform Bitcoin in the near future. Chart by...
Read More »Hector DAO Brings a New Era of Decentralization Replace Centralized Stablecoins
Today, the crypto market has become mainstream with its adoption at an all-time-high. However, when Satoshi Nakamoto invented Bitcoin, he expected it to be truly decentralized. Today, a majority of the crypto market is centralized in one way or another. Even the Defi markets consist of several protocols which are highly centralized in nature. Hector DAO aims to change that with a truly decentralized ecosystem of its own. Hector DAO will also introduce algorithmic...
Read More »Tron (TRX) Price Analysis: Risk of More Losses Below $0.098
Tron price started a major decline from well above $0.1100 against the US Dollar. TRX price is now trading below $0.1050 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.1040 on the 4-hours chart (data feed via Bitfinex). The pair could extend losses if it settles below the $0.1000 level in the near term. TRON price started a major drop below $0.1050 against the US Dollar, similar to bitcoin. TRX price is...
Read More »Bitcoin-Doku auf Arte: Satoshi Nakamoto
Mysterium Satoshi: Bitcoin – Wie alles begann. So heisst die 6-teilige Doku, welche bald komplett auf der Webseite von Arte für eine zeitlang abrufbar ist. Vielleicht ein guter Zeitpunkt, auf einer echten Bitcoin-Börse Bitcoin zu kaufen? Anfang 2009, inmitten der Finanzkrise, brachte „Satoshi Nakamoto“ den Bitcoin in Umlauf. Er schuf damit die erste dezentrale und zuverlässige Kryptowährung – und ist seit 2011 komplett von der Bildfläche verschwunden. „Mysterium Satoshi“ erzählt die spannende...
Read More »Perth Heat Baseball Team Will Be Fully Paid in BTC
The Perth Heat – a baseball team stationed in Australia – is now the first official sports team in which all staff members and players will garner their pay in bitcoin. The Perth Heat Sets a BTC Standard The idea of being paid in bitcoin is taking heavy precedence in the world of sports as of late. This fad was likely begun by Russell Okung, a former football player with the Carolina Panthers. Okung made headlines when he announced that he would be converting half of his...
Read More »Non-Zero Bitcoin Addresses Reached New ATH of 39 Million
The blockchain data and intelligence provider – Glassnode – revealed that a total of 38.76 million Bitcoin addresses now have non-zero balances. This is the highest level ever recorded since the last peak of 38.7 million marked this April. Bitcoin’s Drop Is Not a Concern Despite its recent price decline, bitcoin charted new heights in another area. According to Glassnode, there are now 38.76 million BTC wallets containing some amount of the primary cryptocurrency. It took...
Read More »Changpeng Zhao Wants a Regulated Crypto Space
Binance – the world’s largest digital currency trading platform by daily volume – and its founder Changpeng Zhao are calling for regulation to finally enter the crypto foray. Changpeng Zhao Wants Regulation to Take Form Regulation in the digital currency space has been one of the most controversial topics the blockchain world has ever seen. The idea of regulation is considered sacrilege to many diehard crypto fans given that the space was born out of a desire to operate...
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