Bitcoin headed for breakout or breakdown? Analysts weigh in

According to Bloomberg, the nine DeFi assets selected for the index at launch were based on "institutional trading and custody readiness" in the United States. 295 Total views 5 Total shares Financial news site Bloomberg and Galaxy Digital Management have expanded their crypto offering to track the performance of the decentralized finance space.In a Thursday…

A survey reveals investors are still bullish on Bitcoin and other cryptocurrencies despite the recent market drop. 1554 Total views 3 Total shares Despite Bitcoin (BTC) and the wider cryptocurrency market experiencing one of its worst crashes in recent memory, investors are apparently more bullish than ever regarding the future fortunes of Bitcoin and a…

As the origin of cryptocurrency, Japan often leads the way when it comes to joint projects between companies in different fields, united by their desire to lead the pack in innovation. E-commerce giant Rakuten partnered with the East Japan Railway Company on June 5 to promote a cashless payment system. A new collaboration is in progress…

The testnet of private smart contract network Enigma has been launched, the developers announced in a Medium post published on June 11.Per the announcement, the test network, dubbed Discovery, allows developers to start developing their decentralized applications (DApps). Furthermore, contracts hosted on the Discovery testnet will reportedly be immediately deployed on the Ethereum (ETH) network…

A new report released on Tuesday by Crystal Blockchain attempts to categorize cross-border transactions of Bitcoin based on their “country of origin,” which may have important implications for the FATF Travel Rule.The analysts used direct exchange-to-exchange transactions and their country of incorporation to categorize Bitcoin (BTC) transfers by their provenance. Despite the fact that Bitcoin…

Bitfinex, the major cryptocurrency exchange and partner firm of stablecoin Tether (USDT) is listing a multi-million-dollar cryptocurrency hedge fund. The exchange announced on March 16 that it has listed Bahamas-based crypto hedge fund Fulgur Alpha, which is currently worth $280 million dollars.According to the Bitfinex, the fund — which is only accessible to professional investors —…

Singapore-based blockchain application platform VeChain has unveiled a new blockchain tracking system for the food and beverage industry.In a blog post on Nov. 7, the company confirmed it was working with food certification group DNV GL and supply chain specialist ASI Group on the project, known as Foodgates.VeChain “direct beneficiary” of pro-blockchain stanceThe original announcement…