Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Wall Street Firms Advise Clients Against Investing in Crypto, Says Wealth Manager
Top U.S. banks JPMorgan Chase and Goldman Sachs could be talking their clients out of crypto, according to a wealth manager. 1049 Total views 26 Total shares JPMorgan Chase and Goldman Sachs are advising their clients against Bitcoin (BTC), according to one American wealth manager. Adam Pokornicky, chief operating officer at Digital Asset Investment Management (DAIM),…

Report: Companies Dropping The Term ‘Blockchain’ Due to Hype Around Technology
A new report from Forrester Research states that some companies are stopping to use the term “blockchain” because they think it is overhyped, business magazine Fortune reported Nov. 6.In the report dubbed “Predictions 2019: Distributed Ledger Technology,” analysts purportedly found that companies have started to withdraw “blockchain” in favor of “distributed ledger technology” (DLT). The…

The Sandbox announces $50M fund for its startup accelerator program
The Sandbox launched a metaverse accelerator program aimed at developing potential startups. 366 Total views 3 Total shares Virtual world project The Sandbox announced its metaverse accelerator program that will push the development of the open metaverse by investing $50 million in startups. The Animoca Brands subsidiary is partnering with the venture accelerator firm Brinc…

Binance Adds New Bitcoin Futures as Crypto Market Volume Turns Bearish
A cautious mood in the Bitcoin futures markets contrasts with Binance’s optimistic launch of quarterly contracts. 1269 Total views 13 Total shares Cryptocurrency exchange Binance has launched a new Bitcoin (BTC) futures product despite institutional investors showing fresh uncertainty about the future.In a blog post on June 11, Binance revealed its quarterly futures contracts had…

BlackRock iShares Ethereum Trust registered in Delaware
The new corporate entity could signal an upcoming SEC filing. 2047 Total views 11 Total shares BlackRock has apparently registered an Ethereum trust in the state of Delaware, which is possibly a first step toward an Ether (ETH) spot exchange-traded fund (ETF). BlackRock registered an analogical Bitcoin (BTC) trust in June, shortly before filing with the

US Senators Warn Three Facebook’s Libra Backers of Membership Risks
Three backers thought to be reconsidering their involvement in Facebook’s digital currency Libra have received warnings from the United States’ politicians over participating.Senate Letter: Facebook’s problems are your problemsAccording to Bloomberg’s article published on Oct. 9, a letter to Visa, Mastercard and Stripe was sent by two U.S. senators. In it, they are reportedly pressuring…

Indian Banks Still Cryptophobic Despite No Banking Prohibition
In a recent response to a Right to Information query, the Reserve Bank of India, the Indian central bank, has stated that there is no prohibition on banks to provide bank accounts to cryptocurrency traders. But some banks have been arbitrarily denying services to crypto users and are still doing so. If there is no…

Bitcoin surfs US PPI overshoot as BTC price recovers from sub-$59K dip
Bitcoin appears to take a hot PPI print in its stride after a 4% BTC price recovery.