Tag Archives: AA News

The cryptocurrency index and beta fund provider, BitWise, recently published a report regarding how financial advisors look at digital assets. Partnering with numerous information sources on the matter, the company concludes that cryptocurrencies are becoming more attractive to advisors and their clients.Increased Interest For CryptocurrenciesBitWise and ETF Trends conducted the report by questioning 415 U.S.-based financial advisors. The paper seeks to understand how they and their clients...

Bitcoin’s price made yet another positive week of continuous gains. In the past seven days, BTC is up more than 4%, finally breaking above the essential technical and psychological resistance of $10,000. The price shot up to as much as $10,500 but failed to claim this level and retraced to where it currently trades at around $10,200.As it stands, Bitcoin might need some more time to regain its momentum and try again for the crucial ascending trend-line resistance. In any case, it’s important...

The world’s largest decentralized and blockchain-based social media, as well as a blogging platform, Steemit, announced a strategic partnership with the TRON foundation.Steemit Joining TRON EcosystemThe largest decentralized blockchain-based social media and popular blogging platform, Steemit, announced in a shared press release with Cryptopotato, a strategic partnership with the TRON foundation.The development teams of both companies will begin working together immediately to bring Steem...

The largest standalone investment bank in Latin America, Banco BTG Pactual SA, recorded an impressive 42% net income growth during last year’s fourth quarter.The bank is regarded as one of the cryptocurrency-friendly traditional banking establishments. Last year, BTG started utilizing the Ethereum and Tezos blockchain networks for security token offerings.BTG’s Net Income On The RiseAs reported earlier today by Reuters, BTG’s Q4 numbers have exceeded analysts’ expectations.The recurring net...

In an attempt to protect users from losing more funds in an ongoing attack, IOTA Foundation has suspended the IOTA distributed network, for the time being, the firm announced late Thursday. The nonprofit advised users to stop using their Trinity Wallets, while also stating that it has temporarily shut down the network’s Coordinator node. It was designed to validate transactions and protect the network against attacks. On their website, the current status of the IOTA mainnet is denoted as “Not...

Cryptocurrencies are popping in 2020. The entire market’s capitalization has once again touched $300 billion – something that was last seen six months ago. The interesting part is that it’s not just Bitcoin’s price that’s increasing this time – altcoins are exploding as well.Naturally, as it has always been the case, this drives more retail interest. Cryptocurrency-related titles are once again seen in mainstream media, while related Google searches keep on going up.Most recently, plenty of...

One of the world’s largest cryptocurrency exchanges, Huobi, is adding a new service for its Argentinian branch. Dubbed Huobi Argentina, it now allows customers to directly exchange Argentine Peso (ARS) for Bitcoin and Tether (USDT) and vice versa.Huobi Argentina Fiat GatewayIn September 2019, the Singapore-based cryptocurrency exchange announced the opening of Huobi Argentina. Powered and supported by Huobi Cloud, it came as a result of the country’s growing interest in digital...

In recent years, there has been a continuous acceleration in the development of new technologies such as fintech, IoT, Big Data, AI, and other related fields. Much of this is due to investment from major companies, like the SBI Group, based out of Japan, which have been proactively investing in venture companies within these fields for years.Today, according to a press release, SBI Crypto, a wholly-owned subsidiary of the SBI Group, has announced a partnership with Northern Data AG and...

One of the most popular and currently dominant football clubs – FC Barcelona, has joined forces with a cryptocurrency project. The partnership seeks to create a specific token which aims to increase the engagement of Barcelona’s fanbase.Barcelona To Launch Own CryptocurrencyAccording to an official press release, FC Barcelona, the captain of which is Lionel Messi, winner of 6 prestigious FIFA Ballon d’Or awards, has teamed up with Chilliz to launch a cryptocurrency.The initiative is part of...

When it comes to investments, especially in cryptocurrencies, the United States authorities are very strict in protecting investors from risks and losses. For this reason, crypto companies often exclude US residents from their offerings due to strict regulatory policies Although no laws are banning Americans from using margin trading, the regulations remain unclear. Thus, to avoid breaching any of these rules, exchanges like Binance don’t offer leverage services to users in the US, leaving...