Crypto news

Bitcoin has been doing extremely well for the past nine months. The currency really came to fruition during the initial time of the coronavirus pandemic, and it has been on a serious roll ever since, recently striking a new high of roughly $56,000 per unit. However, despite all the glitz and glam the currency has been attaining, financial giant JPMorgan believes that it’s fintech and not bitcoin or crypto that has garnered true recognition during the time of COVID....

The former CEO of the London Stock Exchange Group, Xavier Rolet, has advised the UK government to look into cryptocurrencies and SPACs to minimize the adverse impact of Brexit. In a recent report, Rolet claimed that the UK has trailed behind other countries in both aspects.The UK Should Turn To Crypto And SPACs?Born in France, Rolet is a businessman and the Chief Executive Officer of the London-based credit-focused asset management firm CQS. Before assuming this position, though, he served as...

Meltem Demirors – chief strategy officer at digital asset investment firm Coin Shares – stated in a recent interview that all those who are quickly investing in bitcoin are late to the crypto party. Meltem Demirors: You Needed to Invest in BTC Yesterday During a discussion with CNBC, Demirors commented that one of the primary reasons many have not invested in bitcoin is likely due to regulatory hurdles that may allegedly appear in the coming future. However, she is...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Bordier & Cie SCmA, a leading Swiss private bank founded in 1844, has expanded its offering to include cryptocurrencies by incorporating Sygnum’s B2B banking platform. This partnership enables Bordier’s clients to invest today in the digital asset economy with complete trust, and lays the foundation for a broader offering of regulated digital asset...

The self-proclaimed Satoshi Nakamoto, Craig Wright, has filed yet another lawsuit within the cryptocurrency industry. This time, he has targeted the developers of BTC, BCH, BSV, and BCH ABC requesting that they retrieve access to BTC stolen from his personal computer worth about $5 billion.CSW Sues BTC Developers Because he was HackedWright has publicly claimed that he is the person behind the Bitcoin network for years – Satoshi Nakamoto. This narrative, which lacks any conclusive evidence,...

[PRESS RELEASE]DeFi Wizard, a dashboard for building DeFi smart contracts in a simple way with just a few clicks, has closed a $750,000 investment from leading blockchain firms like X21 Digital, DeltaHub Capital, NGC Ventures, TRG Capital, and ExNetwork.Speaking on the matter was Anand Kamath, CEO at DeFi Wizard, who said:It gives us immense pleasure to announce that our platform DeFi Wizard has attracted the attention of leading blockchain investors and funds.The company will continue making...

Oh, Elon Musk… You just can’t seem to make up your mind, can you? One minute, you’re all over bitcoin and investing billions of dollars in the world’s number one digital currency by market cap. The next minute, you’re saying something that doesn’t work well for the asset and every trader – yourself included – winds up experiencing some level of loss. Elon Musk Has Potentially Caused a Dip in the BTC Price This is the case behind last weekend’s market dip, in which...

XRP/USD – Bears Starting To Retake ControlKey Support Levels: $0.45, $0.4, $0.36.Key Resistance Levels: $0.5, $0.556, $0.6.XRP had seen an interesting few days this week as it surged as high as $0.685 (1.272 Fib Extension) on Monday when the rest of the market was tumbling. By the end of the day, XRP had dropped back into the $0.56 level to close the daily candle.Yesterday, XRP saw a steep downturn as it dropped beneath $0.5 to reach as low as $0.36. The bulls quickly regrouped and allowed...

[PRESS RELEASE – Please Read Disclaimer]After 12 years of existence, it was about time for crypto to be recognized as it deserves. Step by step, blockchain technology made its way to public institutions after it conquered vendors and business enthusiasts.With all the issues that came with bank services, no wonder people are so hyped over the idea of crypto payments – which provide users with data and financial security.Tokenization got its spotlight due to all the solutions they offer in...

Users of the popular browser Opera will have the option to purchase cryptocurrencies directly from it following a partnership with the crypto-fiat processor Simplex. The integration will also enable users to set up personal cryptocurrency wallets to store the newly-purchased digital assets.Opera Users To Buy Crypto From The BrowserFounded in 2014, Simplex describes itself as a company that has “been changing the status quo of crypto on/off ramps.” In a press release shared with CryptoPotato,...