Crypto news

According to Chainalysis, the revenue its taking in has tripled in recent months thanks to many public sectors looking to track blockchain and cryptocurrency activity.Chainalysis Has Seen Its Horizons GrowIn particular, the company is working with the Internal Revenue Service (IRS) to track a privacy-focused cryptocurrency known as Monero, which has been the object of much controversy over the years.Monero, for example, is often involved in crypto jacking operations, in which a hacker obtains...

The World Economic Forum (WEF) has collaborated with the Global Blockchain Business Council (GBBC) to launch a new initiative assessing the state of blockchain and cryptocurrencies. Dubbed the Global Standards Mapping Initiative (GSMI), it will determine the industry landscape by examining a few distinctive areas. WEF Launches GSMI To Examine Blockchain State According to the announcement from earlier today, the GSMI is the brainchild of the WEF and the GBBC. Other prominent...

We continue to see many institutions investing in crypto. Bitcoin has become the new “safe haven” for many of these companies. MicroStrategy has invested more than $400 million in bitcoin. Square has purchased $50 million worth of the asset, and now Stone Ridge Asset Management has announced an investment in bitcoin worth approximately $115 million at the time of writing.Stone Ridge Gets Its Hands on BTCMany analysts have claimed that without institutional investors, bitcoin and crypto are...

The leading digital asset manager, Grayscale Investments, continues with its growth after registering its third consecutive record-breaking quarter with over $1 billion of inflows. Somewhat expectedly, the Bitcoin Trust remained the most widely chosen company product. $1 Billion Entered Grayscale In Q3 2020 Grayscale released its Q3 2020 report earlier, noting that the total investments into company products in those three months alone accounted for $1.05 billion. Adding the...

ETH/USD – Bulls Spike Into Bearish .5 Fib Retracement. Key Support Levels: $376, $364, $356.Key Resistance Levels: $396, $400, $410. Ethereum has been on a bullish footing since breaking out of the consolidation phase last week. Over the past seven days, Ethereum managed to rise by a total of 12% to reach the current level. It had surged higher at the start of this week as it reached as high as $396, where it ran into resistance at a bearish .5 Fib Retracement level. It has...

[PRESS RELEASE] Money Fest is among the leading and premium networking platforms when it comes to the global money ecosystem. This year, Money Fest is scheduled to take place on October 26th – 29th, and it will feature in-depth analytics and inspirational speakers. The keynote lineup and the final agenda have been revealed. Money Fest Agenda is Here To be part of the Money 20/20’s world-class content program, users typically have to travel and attend some of the live shows....

Financial strategists at JP Morgan have projected a bleak outlook for bitcoin prices in the short term. According to them, the cryptocurrency has a higher price and is trending at 13 percent over its ‘intrinsic value.’ They based their analysis on ‘positioning indicators’ derived from bets made by traders in the futures markets. But does the argument hold true? The Weather in Bitcoin Land Will Consist Of ‘Modest Headwinds’ According to the latest reports from mainstream media...

Andre Cronje, the founder of the popular Yearn Finance protocol and its governance token YFI, deployed another ‘experimental’ contract yesterday. Expectedly, a lot of people bought the token despite Cronje’s warnings, and most of them ended up losing money. One investor, in particular, put in 1000 ETH in the token, and his stash is currently worth about 80 ETH. Regardless, a lot of prominent commentators and industry experts have spoken out that, at some point, it becomes...

Tron price started a steady increase from $0.0240 and climbed towards $0.0280 against the US Dollar.TRX price is now trading well above the $0.0260 support and the 55 simple moving average (4-hours).There is a rising channel forming with support near $0.0263 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue higher if it clears the $0.0275 and $0.0280 resistance levels.TRON price is currently trading in a positive zone above $0.0260 against the US Dollar, similar to...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 991. Im heutigen Video geht’s um folgende Themen: Vermögensverwalter kauft 10.000 BTC, Satoshi Cruise Schiff für die Krypto Gemeinde & Spanien Gesetz zur Krypto Offenlegung. 1.) Bitcoin in den Händen der Institutionen: Vermögensverwalter kauft 10.000 BTChttps://cryptomonday.de/bitcoin-in-den-haenden-der-institutionen-vermoegensverwalter-kauft-10-000-btc/ 2.) Cruise ship ‘Satoshi’ to house crypto companies and...