Crypto news

The large American multinational bank Goldman Sachs has appointed a pro-blockchain head of its digital asset department – Mathew McDermott. In a recent interview, McDermott expressed his views that the global financial scene should be digitalized and even hinted that Goldman is exploring the possibility of launching its own stablecoin.Pro-Blockchain Head At Goldman SachsHeadquartered in New York City, Goldman Sachs has not displayed much favoritism towards the cryptocurrency industry in the...

According to blockchain firm Chainalysis, institutional traders are beginning to have a larger hand in how bitcoin moves and in the kinds of transactions that are occurring within the space.Chainalysis: We’re Seeing Bigger Institutional TradesIt is often said that institutional players are essential when it comes to bringing legitimacy to bitcoin and cryptocurrency. For bitcoin to be mainstream, professional traders need to use it, store it and sell it. However, it’s widely whispered that...

BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...

One of the most widely used decentralized exchange Uniswap has raised $11 million in a Series A funding round led by Andreessen Horowitz (a16z). Uniswap’s market share has been growing rapidly in the past several months, and the team behind it indicated that they will utilize the funds for the third version of the platform.Uniswap Raises $11MIn April 2019, the DEX raised $1.8 million in a seed round. Over a year later, a filing submitted to the US Securities and Exchange Commission (SEC)...

The move has been seen as extremely positive for the crypto industry as her nickname is ‘crypto mom’. The Senate Banking Committee cleared Peirce’s nomination on Wednesday, extending her term until 2025.Pro Crypto SEC CommissionerPeirce is very pro-crypto and fintech innovation, commenting last month that it is “going to be here to stay and I would like us to set up a regulatory framework that works well for crypto”. She has also stated that she wants to try to work on the Commission’s...

Fiatleak: Aus einer Bitcoin-Börse ist ein Informationsportal entstanden. Mehr als eine Grafik, umfangreicher als eine Informationsseite: Fiatleak zeigt auf einer Weltkarte, wohin jeder gekaufte Bitcoin fliesst, und das in Echtzeit. Es ist und bleibt ein Fact: Die weltweit führende Kryptowährung bleibt seit Jahren für Investoren und Disruptoren attraktiv. Trotz der extremen...

It’s another exciting day in Bitcoin land. And no, it doesn’t have to anything with BTC’s rallying price. Of course, the price has brought smiles on the faces of Bitcoiners across the world, but there’s something else too.The latest data shows that whales no longer control Bitcoin’s supply. The number of retail investors owning little BTC has steadily increased in the last 5 years. Does it point to a rise in Bitcoin adoption?≤ 10 BTC Holders Increased While Those Holding 100 – 100K BTC...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 942. Heute sprechen wir über folgende Themen: Ethereum Classic erleidet zwei 51% Angriffe in 1 Woche, 800 Millionen US-Dollar Umsatz mit Bitcoin durch Square Cash App & Goldman Sachs Krypto Strategie. 1.) Ethereum Classic erleidet zwei 51% Angriffe in 1 Wochehttps://cryptomonday.de/ethereum-classic-erleidet-zwei-51-angriffe-in-1-woche-800-000-etc-doppelt-ausgegeben/ 2.) Square Cash App: Über 800 Millionen...

Bitcoin continued heading upwards, but it couldn’t challenge the $12,000 line. Bitcoin Cash’s 10% increase is among the most impressive from the larger-cap alts, while some lower-cap altcoins have been surging by double-digits.Bitcoin Aims At $12,000Bitcoin was steadily progressing towards $12,000 in the past 24 hours. After yesterday’s low of $11,580, bulls took charge and spiked BTC’s price to a daily high of $11,910 on Bitstamp. However, the primary cryptocurrency couldn’t sustain its run...

According to analysts at JPMorgan, more and more young people are flocking to bitcoin and cryptocurrencies, while older generations have their eyes centered on gold.JPMorgan: Young People Like BTC, Older Ones Like GoldBoth bitcoin and gold have done increasingly well as of late. Bitcoin has shot up to roughly $11,700 at the time of writing – the highest it’s been in about a year – while gold has hit $2,000 per ounce.In a recent statement, persons associated with JPMorgan commented:The two...