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Morgan Stanley Reportedly Planning to Buy a $440M Stake in Crypto Exchange Bithumb

Just a few days after news broke that Morgan Stanley will enable its institutional clients to buy bitcoin, the giant investment bank has reportedly started negotiations to purchase a stake in the largest South Korean cryptocurrency exchange – Bithumb. According to coverage from the Asian media website Naver News, Morgan Stanley is the latest prominent entity from the traditional financial space to consider a purchase in Bithumb. The giant bank reportedly plans to acquire a major stake in the...

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Bitcoin Cash Analysis: Bulls Protecting Key Support at $510

Bitcoin cash price declined from well above $550 and tested $500 against the US Dollar. The price is now trading well below the $550 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $520 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to start a fresh increase if there is a break above $545 and $550. Bitcoin cash price is likely preparing for a fresh increase above $550...

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The US Government Sold Bitcoins at a 21% Premium

The General Service Administration, a part of the US government, has successfully auctioned off 0.7501 bitcoins. Although the portion of sold BTC is not that impressive, what’s intriguing about this purchase is that the buyer paid a substantial 21% premium due to the high number of bidders.US Government Sells Bitcoin With a PremiumThe GSA is a government agency that typically auctions surplus vehicles or office supplies. However, it has decided to expand its portfolio by enabling citizens to...

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Adam Traidman Wants People to Learn More About Crypto Before Investing

For many, bitcoin has become a staple investment, but it’s never a good idea for someone to just jump into an entirely new trading arena without having appropriate knowledge to back up their maneuvers, and unfortunately, this is exactly what’s happening. Many new bitcoin investors are suffering from FOMO or fear of missing out, and Adam Traidman – CEO and co-founder of crypto wallet BRD – wishes that people were a little more willing to research crypto before jumping in...

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Winz.io Ditches Bonus Wagering Requirements in Bid to Change the Gambling Market

[PRESS RELEASE – Please Read Disclaimer]Winz’s main purpose is to provide cryptocurrency enthusiasts with a fairer and more advantageous alternative to gambling on the online casino market.As of March 2021, Winz.io is giving up on all wagering requirements for bonuses. This decision applies to both regular and gamified promotions, where prizes always come free of any strings attached.Fair and transparent, now and forever!Winz.io strives to create a brand that is transparent and trustworthy,...

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Nigel Green: BTC Must Be Regulated

With bitcoin having reached a new all-time high in recent days of approximately $61,000 per unit, many analysts and industry heads are calling for more regulation of the cryptocurrency arena. One such figure is Nigel Green, the CEO and founder of deVere Group. Nigel Green on the Importance of Regulation In a recent interview, Green comments: Like it or not, cryptocurrencies, there is no getting around the fact that bitcoin is becoming an increasingly important part of...

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Bitcoin Price Analysis: BTC Explodes $6500 Since Tuesday, $60K Breakout Soon?

Bitcoin is up by a strong 7.5% today as the cryptocurrency grinds back toward the $60,000 level, this becomes even more impressive as Wall Street indices are down 1-2%. Decoupling? so far, so good.Quick recap: BTC had reached a new ATH over the weekend as it hit $61,780 (Bitstamp) on Saturday. From there, it rolled over during the start of this week, whereas on Tuesday it hit the current weekly low at $53220. There, support was found upon an ascending trend line that started forming on...

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The U.S. Is Becoming a Serious Bitcoin ATM Haven

The bitcoin ATM industry is really starting to heat up. With the price of the asset now trading for well over $50,000, many companies such as Coin Flip and Coin Cloud say that their services and machines are becoming much more marketable, and thus are installing machines where traffic is heavy, and the competition is still low. The Bitcoin ATM Arena Is Growing Like Mad What’s funny is that there hasn’t necessarily been a boost in demand for bitcoin ATMs and similar...

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Cardano Price Analysis: Following a 45% Surge in 3 Days, ADA Targets ATH

ADA/USD – Bulls Approach ATH PricesKey Support Levels: $1.37, $1.30, $1.22.Key Resistance Levels: $1.48, $1.52, $1.62.Cardano has surged by a whopping 45% over the past three days as it reaches resistance at $1.46 (1.618 Fib Retracement). The cryptocurrency had dropped into the $1.00 support at the end of last week and rebounded from there on Tuesday.After the bounce, ADA went on to climb higher as it reached the resistance at $1.37 (1.272 Fib Extension) yesterday. Today, the 16.5% price hike...

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US Actress Lindsay Lohan to Release Exclusive NFT Collection on TRON

Just a month after openly endorsing TRON on Twitter, the American actress Lindsay Lohan has partnered with the Justin Sun-founded blockchain project. Moreover, she has delved even further into the ongoing NFT craze by creating her own collection, which will be released on the TRON network. TRON, the popular blockchain project founded by Justin Sun, announced its latest partnership milestone in a press release shared with CryptoPotato.  The post highlighted the recently launched TRC-721...

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