Price analysis 7/17: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Strong inflows into spot Bitcoin ETFs suggest that the sentiment has turned positive, and traders are buying aggressively.
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Coinbase to add proof of reserves to Bitcoin wrapper cbBTC
Adding proof of reserves will head off concerns about Coinbase’s perceived lack of transparency.
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Grayscale's GDLC Fund now includes Solana and Uniswap at 3.24% and 1.06% respectively after reducing LTC and BCH holdings. 597 Total views 6 Total shares Grayscale Investments, a New-York based crypto asset manager, includes Solana (SOL) and Uniswap (UNI) after rebalancing its basket of Grayscale Digital Large Cap Fund (GDLC) portfolio. The quarterly rebalancing of GDLC…
China’s Supreme Court adds digital currency to list of illegal fundraising methods
The new policy change aims to mitigate risks arising from digital currency fundraising and the absorption of funds from the public. 69 Total views 7 Total shares China’s hardline policy on crypto took another turn on Thursday as the Supreme Court of the country revised its judicial interpretation for illegal fundraising to include digital currency…
As gold crashes, Jim Cramer says money is ‘all going to crypto’
The host of CNBC’s Mad Money responds to gold’s surprising underperformance this week. 5845 Total views 30 Total shares As the price of gold plunged on Friday, CNBC’s Jim Cramer said the rise of crypto may partly explain the sudden disinterest in the precious metal — a potential sign that the mainstream has flipped the…
Asset tokenization project DeFi Money Market shuts its doors
DMG token holders take to Twitter to grieve as their holdings crash 75% 2584 Total views 16 Total shares DeFi Money Market, one of the earliest projects aiming to bring real-world assets on-chain, abruptly announced last night that it has “ceased operations.” “As a result of regulatory inquiries, DMM is shutting down,” a statement on the…
Bitcoin $110K setup 'still in play' but analysts warn of sub-$40K dip first
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Migration of $180 million worth of SUSHI from UniSwap to SushiSwap has been approved
This chef may be cooking the biggest sushi of them all. The liquidityThe SushiSwap community just approved a move from Uniswap to its own native platform — built by forking the original project. Almost 87% of the vote were in favor of the migration. Currently, there is close to $180 million worth of liquidity in the ETH/SUSHI pair…
Major Consultancy Firm McKinsey Says Retail Banking Sector Slow to Adopt Blockchain
“Big Three” management consultancy firm McKinsey & Company has argued that blockchain technology is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment. The news was reported by Bloomberg on June 7.McKinsey reportedly characterized retail banks as nervous and cautious when it comes to blockchain, as distinct from their…