One River Digital Asset Management has teamed up with the US cryptocurrency exchange giant Coinbase to offer a separately managed account (SMA) platform for wealth management firms. ONE Digital SMA for Crypto Exposure In a press release published on Friday (February 11, 2022), One River Digital launched the ONE Digital SMA for clients of Coinbase Prime. The new offering will enable users with a Coinbase Prime account to maintain ownership of their digital assets while also...
Read More »Bitcoin Hashrate Explodes 30% in a Day to a New All-Time High
Despite the ongoing geopolitical uncertainty and economic turmoil throughout the world, Bitcoin’s network continues to get more robust. Following a recent spike, its hashrate reached yet another all-time high. It goes without saying that there’s a lot of economic turmoil and geopolitical uncertainty as international tension surrounding the relationship between Ukraine and Russia intensifies. Meanwhile, market participants are eagerly anticipating hinted rate hikes as...
Read More »Bitcoin Price Analysis: BTC at a Critical Decision Point
The Taker Buy/Sell Ratio shows that the recent rebound from $33K to $43K has created some positive momentum in the market. On the other side, technical analysis is signaling a correction in the short term. Amid market ambiguity, the best bet is usually to wait it out and see what side prevails as volatility is expected. Technical Analysis By: Edris Long-Term Bitcoin is still recovering from the 50% crash from its all-time high ( $69K) in November 2021. Recently, the price...
Read More »Ukraine Turns to Bitcoin to Fight Russian Enemies
Ukraine is utilizing bitcoin in crowdfunding campaigns to fight against the ongoing threat from Russia. Ukraine Is Using BTC to Prepare for War Ukraine is allegedly being stalked by its neighbor to the east. Russia currently has more than 100,000 troops amassed at the Ukrainian border. Needing funds to boost its military resources and keep up its strength in the face of adversity, Ukraine has turned to the world’s number one digital currency by market cap. Thus far,...
Read More »BTC Charted a Bearish Double-Top, Now Facing Critical Support (Bitcoin Price Analysis)
Following green days, Bitcoin encountered resistance at $45K. Together with the negative momentum of the global markets, Bitcoin got heavily rejected and retraced below $42K. Looking at the Stablecoin Supply Ratio, there is a substantial amount of ‘dry powder’ sitting aside, indicating the potential buying power. Meanwhile, the price action sees a pullback phase back to the latest crossed dynamic resistance level. All in all, this short-term correction is a healthy step for a...
Read More »GemUni: Making Play-to-Earn Inclusive and Accessible
The field of cryptocurrencies saw many trends come and go throughout the past couple of years. This was especially amplified by the tremendous bull market that we saw in 2021. The majority of coins exploded in value, which led to the creation of many new ones where teams were trying to capture as much of the excitement as possible However, in the past few months, the play-to-earn trend is catching up to speed, and it seems that it’s something that might be here to stay for...
Read More »Stock Market Slumps as Russia-Ukraine Tensions Dominate Sentiments
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Read More »Are Users Pivoting to DeFi Trading? A Closer Look Into CEX Vs. DEX Numbers
Bitcoin started out as a technological experiment more than a decade ago. Since then, the global financial markets have undergone a tremendous shift. At the center of the digital currency revolution is blockchain technology which gave rise to the first-ever smart contract platform, Ethereum. Over the past years, the Ethereum network has become a significant driver offering users the ability to interact in a truly decentralized manner. Decentralized exchanges or DEXs are part...
Read More »MetaMask: ConsenSys to acquire MyCrypto
ConsenSys announced the acquisition of MyCrypto, a deep-rooted Ethereum interface, to team up with the market-leading Web3 wallet, MetaMask. MetaMask and MyCrypto will be combining their efforts under a shared banner to further improve the security of all the products and create a cohesive user experience across desktop, mobile, extension, and browser wallets. MyCrypto has been one of the most stable and compatible wallets in Ethereum since its beginnings in 2015, providing secure and...
Read More »InCore Bank to expand
InCore Bank expands its Digital Asset Brokerage to a 24/7 Banking Service with AlgoTrader Swiss InCore Bank integrates AlgoTrader’s digital asset order and execution management platform WIRESWARM to provide its institutional-grade crypto and digital asset trading for its banking clients around the clock. AlgoTrader and InCore Bank are proud to announce their new partnership focused on broadening access to the digital asset markets for banks and...
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