Bitcoin to $100K: A matter of when, not if
Bitcoin’s price inches closer to $100,000, where market participants have built $300 million in sell walls. Will BTC clear the $100,000 hurdle?
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Major client demand the ‘tipping point’ for BNY Mellon’s crypto services
BNY Mellon CEO Robin Vince pointed to a survey earlier this year which found 91% of institutional asset managers were interested in investing in tokenized assets. 142 Total views 12 Total shares BNY Mellon CEO Robin Vince says “client demand” was the “tipping point” that ultimately led to the bank’s launch of institutional-focused crypto services…
Global Security Firm G4S Announces High-Security ‘Vault Storage’ for Holding Crypto
U.K.-based multinational security services company G4S has developed a new service for protecting cryptocurrency assets, the firm announced in an official press release Thursday, Oct. 18.G4S, formerly Group 4 Securicor, has released an “innovative security solution” for holding crypto assets in a form of high-security offline storage protecting customers from hacks. G4S also runs both…
Microstrategy Bitcoin bet turns green as BTC price climbs to 10-month high
Michael Saylor, the co-founder of the Fortune 500 company, had maintained throughout the bear market that they would continue to invest in Bitcoin as they are confident in its fundamentals. 671 Total views 4 Total shares Own this piece of history Collect this article as an NFTBusiness intelligence and Fortune 500 company Microstrategy’s Bitcoin (BTC)…
HSBC debuts metaverse investment fund in Asia: Report
Once known as a skeptical institution of crypto, HSBC originally announced its first major move into metaverse in mid-March. 126 Total views 19 Total shares Global banking giant HSBC Holdings has rolled out its metaverse investment product for wealthy clients in Singapore and Hong Kong, according to multiple media reports.Called Metaverse Discretionary Strategy portfolio, the…
Bitwise Bitcoin ETF to absorb $120M Osprey Bitcoin Trust
Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.
‘No Capitulation’ — Bitcoin Miners Completely Unfazed by Price Drop
Bitcoin (BTC) is not seeing capitulation among miners despite its price dipping over 15% in the past week, new data suggests.According to estimates of Bitcoin’s hash rate from monitoring resource Coin Dance, participation remains as strong now as before the price drop. Hash rate refers to the amount of computing power dedicated to maintaining the…
BTC price can reach $34K as Bitcoin faces support ‘kiss’ — QCP Capital
Bitcoin (BTC) may be weeks from a “sharo rally” toward $34,000, trading platform QCP Capital believes.In its latest market update released on Aug. 15, analysts said that the coming weeks include a key decision point for BTC price action.BTC price due September "termination point"With Bitcoin still rangebound after months of indecisive behavior, market observers are…
BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again.