Institutions are more bullish on Ether than retail ahead of ETH ETF launch

Michael Saylor took to Twitter on Sunday, offering Bitcoin advice to the SpaceX founder 'from one rocket scientist to another.' 2245 Total views 31 Total shares Michael Saylor, the CEO who made a $425 million bet on Bitcoin earlier this year, is offering to advise Elon Musk on how to get started investing in crypto.According…

Bitcoin (BTC) can still top $13,000 and higher as a series of “non-events” still leave bulls in a powerful position.Data from Coin360 and Cointelegraph Markets showed BTC/USD climbing towards $11,500 on Aug. 28, as one analyst said that the level is crucial to reclaim for gains to continue.Cryptocurrency market daily snapshot, Aug. 28. Source: Coin360BTC…

Ava Labs, the developer of the Avalanche layer-1 blockchain platform, is introducing new institutional deployments to improve the blockchain environment.On April 6, Ava Labs introduced Avalanche Evergreen Subnets, a suite of institutional blockchain tooling and customizations designed to address company-specific requirements for financial services.The new product aims to allow institutions to maintain control over their blockchain…

The halcyon days of state subsidized electricity are over. Officials from Inner Mongolia are mulling an electrical policy that would prevent cryptocurrency miners from using inexpensive, state-subsidized electricity.Per the Inner Mongolia Electric Power Group Co, the region expects to recover around 6.732 billion yuan ($977 million) in taxes and fees thanks to these new measures.…

Simon Morris, the head of product at the Libra Association, has left the project within five months of joining, according to his LinkedIn profile accessed on Oct. 9.The Switzerland-registered Libra Association is a not-for-profit membership organization established to govern the network for Facebook’s planned stablecoin Libra.A BitTorrent veteran and fleeting Libra contributorMorris’s LinkedIn page indicates…

The University of Bahrain will issue diplomas on the blockchain, English-language local media Trade Arabia reports on Jan. 13.According to the aforementioned article, the university employs the Blockcerts open standard in partnership with Learning Machine, a startup providing a system to issue verifiable official records using a blockchain-anchored format.As Cointelegraph reported in September last year,…

Many are quick to flock to stablecoins for their ability to de-risk cryptocurrency positions. A stablecoin can be pegged to any perceivably stable asset, for instance, a digital asset like Bitcoin (BTC) or a fiat currency like the US dollar. In theory, if a digital asset was pegged to the US dollar, $100 worth of…