Fund strategist echos 6-figure BTC price targets, sees $250K+ in 2025

The Japanese broker that acquired the hacked cryptocurrency exchange Coincheck in April 2018 has announced major changes in its management structure. The news was revealed in a press release published on March 27.The current representative executive officer and president of Monex group, Oki Matsumoto, will now also be the representative director and chairman of Monex,…

“Combine a digital asset with a rainforest carbon offset and give everyone in the world access." 918 Total views 7 Total shares An alliance of crypto firms is introducing tokenized carbon credits for individuals to offset the amount of carbon dioxide they contribute. According to a Dec. 1 announcement, the Universal Protocol Alliance, or UPA, has…

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is joining crypto-friendly bank Silvergate’s Silvergate Exchange Network (SEN) to speed fiat transfers.Real-time fiat money transfersGemini announced the move in an official blog post on Aug. 27. According to the announcement, the main benefit of the exchange’s partnership with Silvergate is that Gemini’s institutional investor clients…

London-based banking giant HSBC has revealed its blockchain-powered platform cut costs for foreign exchange (forex) trade settlement by a quarter, Reuters reported on Feb. 14.According to Mark Williamson — chief operating officer of forex cash trading and risk management at HSBC — the bank processes anywhere between 3,500 and 5,000 trades a day using its…

The past week has seen a range of crypto- and blockchain-related developments in the German-speaking world. The German Federal Ministry of Justice and Consumer Protection is planning to sponsor a research project of the University of Marburg on legal issues surrounding blockchain technology, the Swiss online bank Swissquote began offering its customers the trading of…

Data from CoinMetrics shows that crypto whales now hold 42.1% of Bitcoin’s current supply. This is a slight increase compared to 37.9% two years back and analysts have interpreted the increase as a positive sign, as it shows large investors have been accumulating Bitcoin during its bear phase. There is, however, no major change in the…

The United States Securities and Exchange Commision has charged a group of criminals, who raised over $30 million through a fraudulent initial coin offering (ICO).Per a Jan. 12 press release, the SEC charged convicted Boaz Manor, his business associate, and two companies, CG Blockchain Inc. and BCT Inc. SEZC, with violating the antifraud and securities…

Survey data from Grayscale Investments shows the coronavirus pandemic played a role in new investors decision to buy Bitcoin. As Bitcoin (BTC) price rises toward $18,000 and traders attempt to secure a new all-time high, the surge of institutional investors jumping on the Bitcoin bandwagon continues. This time, institutional and retail investors are both keen…