Bitcoin (BTC)

Hundreds of banks throughout the United States are about to offer bitcoin and cryptocurrencies to their customers thanks to their new partnerships with NYDIG. NYDIG Is Paving the Way for “Crypto Banks” NYDIG is stationed in New York and is a cryptocurrency custody firm. It is also a division of Stone Ridge, an institutional office that made headlines late last year after it invested more than $100 million into bitcoin. The firm has now partnered with Fidelity National...

Dogecoin has become so much more than just a joke or “meme coin,” which is what it began as. Nowadays, Dogecoin is being taken as seriously as one might take bitcoin or Ethereum. Dogecoin Is Reaching New Highs The asset has recently added as much as 130 percent to its overall price. It is presently trading for nearly 69 cents, and analysts say that one dollar per unit is not too far off. This all comes as Elon Musk – the South African entrepreneur behind billion-dollar...

With the rise of cryptocurrencies over the past year, it is now clear that they are here to stay, and we can see how they are becoming an increasing part of mainstream industries, businesses and sectors as time passes. This has been especially true in the financial sector, as cryptocurrencies could fundamentally change the way this sector operates. While the level of acceptance towards cryptocurrencies has differed across various countries, Canada has been one of the...

The past seven days were particularly favorable for altcoins. This is mainly because bitcoin fails to produce any major gains in comparison, which has seen its total market dominance drop down to 44% – a level last seen back in 2018. It’s worth noting that the primary cryptocurrency is up more than 6% on the weekly, which is in no way inconsiderable. Last weekend we saw an attempt for a breakout, but bears stepped in and prevented it. The same thing happened on Monday when...

The recently-appointed SEC Chair, Gary Gensler, believes the cryptocurrency industry and the people involved need more advanced protection. In a recent interview, he also referred to bitcoin as a speculative store of value and called for an update of the existing regulations in the US. Advanced Protection for Crypto Investors in the US The cryptocurrency boom that started in late 2020, in which prices blossomed, and global demand skyrocketed, has caught the attention of...

The Dogecoin mania continues to expand rapidly as recent research outlined the growth of Twitter engagements. The meme coin trails only to bitcoin and is well ahead of Ethereum, Cardano, Ripple, and Binance Coin. DOGE Second Only to Bitcoin Apart from NFTs, 2021 has been the year of Dogecoin so far. The meme coin has seen mass adoption from celebrities, companies, and, eventually, retail investors, and its value has skyrocketed. To be more precise, the Shiba Inu-inspired...

Altcoins continue to outperform bitcoin’s price and this week was no exception. One of the biggest winners over the past seven days was Litecoin, up more than 40%. Here’s how some other top coins performed and what to look forward to. Bitcoin Bitcoin is up by a total of 5.5% this week as it battles with $56,500 in an attempt to climb over the 50-days MA. It has struggled to surge above $58,000 so far in May as it fails to break above a short-term descending trend line. On...

Ethereum’s price has been performing incredibly well for the past couple of weeks. Over the past 14 days, ETH is up more than 42% and more than 60% over the past month. This is not only true for its dollar value – ether is doing remarkably well trading against bitcoin. In fact, at the time of this writing, ETH’s dominance sits at 16.9%, whereas BTC’s dominance stands at 44.3% – the lowest it has been in almost three years. In other words, Bitcoin’s total market cap is...

Large American banking organizations are rushing into the cryptocurrency industry, according to recent reports. Goldman Sachs, a former Bitcoin critique, has enabled its institutional clients to trade BTC derivatives, while Citigroup is looking into releasing crypto-related services amid growing demand. Goldman Clients Trade BTC Derivatives Out of the largest US-based banking institutions, Goldman has perhaps the most controversial history with the crypto space. The entity...

Börse Stuttgart Der Börsenplatz Stuttgart macht Exchange-Traded Notes auf Cardano und Stellar handelbar. Dabei partizipieren Anleger mit den börsengehandelten Wertpapieren an der Entwicklung der Kryptowährungen: An der Börse Stuttgart können Anleger jetzt erstmals Exchange-Traded Notes (ETNs) auf die beiden Kryptowährungen Cardano und Stellar handeln. Die beiden Papiere des...