$100K Bitcoin price depends on 'increasing demand' and ‘favorable seasonality’ — CryptoQuant

Ethereum is having difficulty keeping its richest investors in line as its native token Ether (ETH) hints at logging more losses in the near term.Blockchain data analytics service Glassnode revealed that the number of Ether addresses that hold at least 1,000 ETH dropped to 6,292 this Monday, the lowest reading since April 2017. At its…

Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors. 257 Total views 2 Total shares Despite BNY Mellon’s entrance into Bitcoin (BTC), the CEO of one of the company’s asset management units is still sceptical about major risks associated with the world’s largest cryptocurrency.Francesca Fornasari, head of currency solutions at BNY…

Leading cryptocurrency exchange Binance is adding support for credit card crypto purchases through its partnership with payment processor Simplex, according to a press release shared with Cointelegraph Jan. 31.Changpeng Zhao, Binance’s CEO, said that the firm “want[s] to provide Binance traders with fast and easy access to crypto, in the most secure way possible.” Zhao…

PANONY, a Hong Kong-based investor and consulting agency, is prioritizing Web3 startups for its incubator program. 1641 Total views 37 Total shares Blockchain-focused incubator and adviser PANONY has closed a Series A funding round backed by NGC Ventures, one of Asia’s largest crypto investment firms, putting the company on track to expand its portfolio and…

The American Gaming Association laid out a proposal of new guidelines for gambling payments. 1183 Total views 32 Total shares The culmination of a year and half of work, the American Gaming Association, or AGA, proposed a set of updated policy guidelines for casino payments. The proposition looks to let visitors fund their activities at gambling…

In the U.K., crypto owners prefer centralized exchanges and claim their assets to be largely profitable. 106 Total views 3 Total shares An average crypto asset holder in Great Britain would be young, male and hodler. And they would consider crypto to be a ‘fun investment.’ Such are the findings from the fresh research, conducted…

The World Economic Forum (WEF) has appointed the CEO and founder of BitPesa, Elizabeth Rossiello, to serve as one of two co-chairs of the Global Blockchain Council, according to a press release published Jan. 24.At the WEF Annual Meeting 2019 in Davos, Switzerland this week, Rossiello is reportedly working with both industry experts and the…

55% of survey respondents said that they were aware of crypto despite never owning or using cryptocurrencies. 373 Total views 1 Total shares Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey.The Economist Intelligence…