Bitcoin bulls grill $68K as US rebound lifts BTC price 7% in a day
BTC price targets now feature the 2021 all-time highs of $69,000 as optimism on Bitcoin mounts.
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Former Manchester United players to launch soccer-centric DAO
The Singapore billionaire duo has vast experience in sports and blockchain investments and has already launched a similar product endorsed by Cristiano Ronaldo. 548 Total views 5 Total shares Former Manchester United legends Gary Neville and Paul Scholes are teaming up to launch a one-of-a-kind sports-centric DAO (decentralized autonomous organization) that would allow fans to…

Fidelity report shows resilience to crypto winter, huge adoption gap among investors
Fidelity Digital Assets’ research paints a not-too-gloomy picture of the digital asset institutional investment scene, although it indicates that some segments are much more active than others. 303 Total views 4 Total shares Fidelity Digital Assets released its annual study on institutional investment in digital assets on Oct. 27. Digital asset fundamentals remain strong despite…

Palau partners with Ripple on climate friendly national digital currency
The partnership will help Palau be climate-friendly while enhancing its cross-border payments and digital currency technologies. 1977 Total views 4 Total shares Ripple, the digital payment network, has partnered with the Republic of Palau to help the Pacific island nation develop its own digital currency.The initial focus of the partnership will see the development of…

Billionaire Investor Tim Draper: If You’re a Millennial, Buy Bitcoin
Billionaire investor Tim Draper recommended millennials buy Bitcoin (BTC) during an interview with FOX Business published on Jan. 22.Per the report, Draper believes that Bitcoin is of particular importance to millennials that are looking to set aside enough capital for retirement. He suggested that the traditional banking system is outdated:“You look at Bitcoin and you…

Russian Duma creates working group to tackle crypto mining regulations
Some regulators feel that a lack of clear laws for the industry is helping crypto miners avoid paying taxes. 529 Total views 19 Total shares The Russian State Duma has created a working group that will tackle the complicated issue of forming regulations for the cryptocurrency mining industry.According to an official announcement on Nov. 11,…

4 on-chain metrics suggest Bitcoin price rally may not stop at $16,000
After rejecting at $15,960 on Nov.6 Bitcoin (BTC) price has been defending the $15,000 support level with strength. Based on four on-chain data points, analysts believe the rally might continue beyond $16,000.Analysts have pinpointed lower Bitcoin exchange reserves, unmoved supply, a rise in “stronger hands,” and unrealized profits as factors for the rally to continue.The…

Curve Finance resolves site exploits, directs users to revoke recent contracts: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.This past week, cross-bridge protocols became the center of DeFi discussions as a new report showed RenBridge was used to launder $540 million in stolen funds. Curve Finance, on the…

VanEck launches its first multi-token cryptocurrency fund
The ETN will contain exposure to seven different major cryptocurrencies. 1633 Total views 40 Total shares On Monday, VanEck, a financial institution with close to $82 billion in assets under management with exchange-traded funds, or ETFs, mutual funds and institutional accounts, announced the launch of its first cryptocurrency fund. The fund is listed as an…