Coin Center warns US policies could scare away crypto investors despite Trump win
Coin Center says that while a Trump administration will undoubtedly be positive for crypto, there are still several ongoing cases that could prove troublesome to investors and developers.
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Web 3.0 needs more users, not more investors
The wide world of crypto has always been made up of people who know a lot about money. After all, cryptocurrencies themselves are financial products.The paradigm-shifting elevator pitch of Web 3.0 has always been able to pique the interest of investors, and over the last couple of years, we’ve seen an extraordinary amount of money…
Mastercard taps Paxos to launch crypto trading for banks
Mastercard officially announced on Oct. 17 a new program to enable financial institutions to bring crypto trading capabilities and services to their customers.Called “Crypto Source,” the program is designed to allow users to buy, hold and sell cryptocurrencies, complemented by Mastercard’s proprietary Crypto Secure solution for additional security and compliance.The tool is launched in cooperation…
Trader who called 2017 Bitcoin price crash raises concerns over ‘double top’
Bitcoin (BTC) could be forming a so-called "double top" pattern after falling by over 30% from its record high of $69,000, suggests Peter Brandt, a veteran trader known for correctly calling the crypto market top in December 2017. The bubble has been popped. Bull market in $BTC over for some time. For analog look at Gold…
Yearn Finance risks pullback after YFI price gains 100% in less than 3 weeks
Yearn Finance (YFI) looks poised for a price correction after rising five days in a row to approach $42,000. Notably, an absence of enough buying volume coupled with overbought risks is behind the bearish outlook.The YFI price rally so farYFI price surged by a little over 47% in five days to $41,970 as traders rotated…
Exec Who Launched PwC Switzerland’s Blockchain Division to Become CFO at Tezos
The man who launched a blockchain and cryptocurrency assurance division for PwC in Switzerland is joining Tezos as chief financial officer, the foundation confirmed in a news release on June 11.Roman Schnider is leaving the Big Four firm after 15 years, and Tezos says he is already familiar with the organization, since it was the first major blockchain project to…
US crypto exchanges lead Bitcoin exodus: Over $1.5B in BTC withdrawn in one week
Bitcoin (BTC) has flooded out of exchanges in the past week as users become wary of security and regulatory scrutiny.Data from on-chain monitoring resource Coinglass shows United States exchanges in particular seeing heavy BTC balance reductions.U.S. exchanges lead BTC exodusIn the wake of the FTX scandal, efforts to draw attention to the risk involved in…
UBS’s acquisition of Credit Suisse brings some good and bad for crypto
On Sunday, March 19, the 167-year history of banking giant Credit Suisse ended with a takeover by the largest Swiss bank, UBS. Under pressure from the Swiss government, UBS took over its ailing competitor for 3 billion Swiss francs ($3.25 billion) — less than half the $8 billion market value of Credit Suisse just two…
Institutional investors bought the dip as China FUD broke
While institutional Bitcoin products have experienced outflows for 13 of the past 17 weeks, the sector has now seen three straight weeks of inflows. 1615 Total views 19 Total shares Institutional investors were buying the dip on the back of China’s latest FUD, with digital asset investment products generating $95 million worth of inflows last…