3 signs that Bitcoin price is not ready to make a new all-time high
China-focused stablecoin data, retail investor participation and skeptical BTC derivatives markets are all signs that Bitcoin price is not primed for a new all-time high.
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Coinbase stock looks to find its footing at $350 following explosive open
COIN stock has surged after debuting on the Nasdaq exchange Wednesday. 5539 Total views 16 Total shares Shares of digital currency exchange Coinbase (COIN) opened at $381 Wednesday — significantly higher than its pre-listing reference price of $250 — underscoring heightened institutional demand for the crypto-focused stock. The $381 value put Coinbase’s market capitalization at $99.6 billion on…

A16z Expects More Libra-Like Projects While Money Goes Digital in 10 Years
The future is digital and bank-free, said Andreessen Horowitz general partner Katie Haun in a recent interview. 161 Total views 1 Total shares Andreessen Horowitz, or a16z, expects more Libra competitors to enter the space, seeing “an opportunity for a new financial network."As the venture firm’s general partner Katie Haun told Bloomberg in an interview…

Bitcoin’s market cap breaks $1 trillion after tripling in three months
Bitcoin has rallied into new all-time highs above $53,700, pushing its market cap above $1 trillion for the first time.Bitcoin’s late 2020 rally appeared to be sparked by an unprecedented wave of demand from institutions and billionaires, with the trend set after the world’s largest publicly traded business intelligence company, MicroStrategy, revealed it had converted…

Bitcoin mining industry created over 31K jobs in the US: Report
"Bitcoin mining companies serve as important employers and taxpayers in their local communities," the report on US Bitcoin mining read.

Börse Stuttgart Digital Exchange Opens to All Users Based in Germany
Following the start of trading platform for selected investors in September, Börse Stuttgart Stock Exchange (BSDEX) has now opened to all interested users with residence in Germany. Börse Stuttgart made its announcement in a press release on Dec., 6. Trading venue open — under certain circumstancesFirst of all, users will have to limit themselves to deposits…

Finance Redefined: 1Password partners with Phantom, and Stark deploys nine DApps, Feb. 18–25
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.In the aftermath of concerning political situations this week, the markets reacted strongly to the downside, but some assets attempted a recovery to end the week positively. 1Password collaborates with Phantom Wallet on API serviceDigital security platform 1Password announced a joint partnership with Phantom Wallet this…

CoinShares’ Butterfill suggests ‘continued hesitancy’ among investors
Minor inflows for digital asset investment products over the last few weeks suggest a “continued hesitancy” towards crypto amongst institutional investors amid a slowdown of the U.S. economy. In the latest edition of CoinShares’ weekly “Digital Asset Fund Flows” report, Coinshares head of research James Butterfill highlighted stand-offish institutional sentiment towards crypto investment products, which saw…

BitGo to Provide Custody for Crypto Assets Under Bitstamp Management
Digital asset financial services firm BitGo will provide secure storage for crypto assets under management at major cryptocurrency exchange Bitstamp.$100 million insurance policyIn a press release on Oct. 9, the Luxembourg-based cryptocurrency exchange announced that BitGo will offer custodianship of its digital assets. The Bitcoin (BTC) exchange will start transferring assets to BitGo’s wallets on…