Bitfarms expands into Pennsylvania amid Riot’s growing stake

Swiss asset manager Julius Baer is set to offer cryptocurrency exposure to its high-net-worth clientele. 292 Total views 15 Total shares The 132-year-old Swiss asset management firm, Julius Baer, intends to offer exposure to cryptocurrencies and decentralized finance (DeFi) for its high net-worth clients.The firm’s CEO Philipp Rickenbacher confirmed the move into the cryptocurrency space…

“Bitcoin Jesus” Roger Ver has made a comeback to Twitter and says Dogecoin is a top contender for the world’s dominant cryptocurrency. 87 Total views 9 Total shares Roger Ver, an early investor and ardent promoter of Bitcoin (BTC) which earned him the moniker “Bitcoin Jesus” has resurfaced on Twitter after a year and backed…

Are crypto exchange-traded funds (ETFs) finally coming to the United States of America? Dozens of cryptocurrency-based ETFs or ETF-like products are currently selling on regulated exchanges in Europe, while Canada and Brazil have already introduced their own versions this year. Over the past eight years, however, not a single investment firm has won the U.S.…

The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments. 

Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week.This past week, the DeFi ecosystem saw several new developments despite a bearish phase brought on by the lending crisis in the crypto market. Another crypto lender, Celsius,…

The price of Bitcoin (BTC) dropped below $9,000 from $9,660 within seven hours. The 7% plunge comes as $55 million worth of long futures contracts were liquidated on BitMEX.Four factors are likely behind the sudden decline in the price of the top cryptocurrency by market capitalization. Namely: stocks sliding, selling pressure from miners, an extended…

BTC gets propelled over the $9,000 mark but fails to immediately cement the level as support in volatile Friday trading. 1497 Total views 28 Total shares Bitcoin (BTC) was back on May 1 as the largest cryptocurrency regained $9,000 after climbing 7% in less than 24 hours.Cryptocurrency market daily overview. Source: Coin360BTC price shoots for…

Two nations, two visions of the financial future: "The tech cold war is here — and the US isn't winning," wrote Ripple co-founder Chris Larsen in an opinion piece for The Hill recently. According to him, China has “a once-in-a-century opportunity to wrest away American stewardship of the global financial system, including its ultimate goal…