Neuf mois après son lancement, StackinSat boucle son premier tour de table en collectant un million d’euros en capital auprès de 42 investisseurs. La startup biarrote annonce également le lancement d’un programme de R&D, en partenariat avec le Laboratoire Informatique de l’Université de Pau et des Pays de l’Adour (LIUPPA), afin d’élaborer des produits et services en lien avec le Lightning...
Read More »Binance Limits Exchange Activity for Unverified Users
Leading digital currency exchange Binance – arguably the biggest cryptocurrency trading platform in the world – is taking heavy action against unverified users. Binance Moves Towards Limiting Unverified Customers In a series of tweets, Changpeng Zhao – the company’s CEO – announced that Binance would be limiting how much money customers can remove or withdraw from their accounts daily, granted they have not gone through the verification process with the exchange. Zhao...
Read More »Pavan Sukhdev Says Bitcoin Is an “Asset” and “Not a Currency”
We have constantly been hearing arguments in the past that bitcoin is “digital gold.” Both bitcoin and the precious metal the entire world has grown to love are consistently being compared, though according to one expert – Pavan Sukhdev – there is still too much speculation involved. Pavan Sukhdev – Bitcoin Is Not a Currency Sukhdev is the president of environmental advocacy group WWF International. In a recent interview, he commented that both bitcoin and gold remain...
Read More »Wealthfront to Offer Cryptocurrency Exposure to its Clients Through Grayscale
The financial institution Wealthfront announced it would expand its menu of digital asset investments by including Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). Additionally, the company would provide more solutions to its customers with cryptocurrencies different than BTC and ETH. Wealthfront Customers Can Now Invest in GBTC and ETHE The California-based investment provider Wealthfront with more than $25 billion in assets under management, revealed in a...
Read More »Many Crypto Experts Believe Ethereum Will Overpower BTC
Over the past week, talk surrounding bitcoin has been invigorated considering the world’s number one digital currency by market cap has shot up to just under $40,000 for the first time in well over a month. As good as the news is, it is easy to allow bitcoin to overshadow Ethereum and many other heavy hitters within the crypto space, but one panel of experts refuses to turn away from competing altcoins. Ethereum Is Climbing Up the Financial Ladder Ethereum is the second...
Read More »Bitcoin Price Analysis: BTC Needs to Close Weekly Candle Above This Major Level
BTC has definitely surprised market participants lately after a 10-day green streak, managing to break above $40K. Just overnight, BTC staged a last-minute rally and made the first daily close above the top of the trading range closing at $42.2k. Chart by TradingViewBitcoin Overcomes $40K On July 28th, 2021, the third-largest BTC whale transferred 3000 BTC to Coinbase, signaling near-term caution on price. As we reported, this has been a local top indicator on quite a few...
Read More »Bitcoin Spikes to a 2-Month High Above $42K: Up 25% in July (Market Watch)
Bitcoin has initiated another leg up, resulting in charting a new two-month high of just over $42,000. Apart from Chainlink, most alternative coins trail behind, and BTC’s market dominance has increased to well above 48%. Bitcoin Taps a 2-Month High As reported earlier this week, bitcoin went on a tear after dabbling with the $33,000 price line for a while and charted a $7,000 green candle. As a result, the cryptocurrency briefly exceeded $40,000 for the first time in over a...
Read More »$45B Asset Manager GoldenTree Has Reportedly Bought Bitcoin
GoldenTree Asset Management, a US asset management giant with $45B in AUM, has reportedly purchased portions of the primary cryptocurrency. The move aims to diversify some of the organization’s already existing strategies. Founded over two decades ago, GoldenTree is an asset manager headquartered in New York City with offices in numerous other important financial cities such as London, Singapore, Tokyo, and Sydney. According to a report by The Street, the institution has...
Read More »The Bullish and the Bearish Case For Bitcoin Following the Rally to $40K (On-Chain Analysis)
Going through the recent week and touching the $40K mark, there are some promising signs in on-chain data that could lead to a further price recovery in the market. However, some metrics still make an immediate rally back to the all-time high a questionable probability. Let’s explore the bull and the bear case for Bitcoin’s price in the current market condition, stemming from predominantly on-chain information. Supply Shock – The Bull Case To summarize the overall bullish...
Read More »Botswana Is Becoming a Major Bitcoin Haven
Botswana – a country in Africa – is becoming a regular bitcoin hotspot. Over the past several months, residents of the nation have regularly turned to the world’s number one digital asset for their daily financial needs, and many businesses are making it easier for them to do so by saying “yes” to crypto payments, though there are still several barriers to overcome. Botswana Is Becoming a Regular BTC Hub Botswana is located within the southern central region of the...
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