ShapeShift Launches Exchange Token, FOX, for Commission-Free Trading
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NYDIG Expects to Hold $25B in Bitcoin for Institutional Clients by Year End
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OKEx Bitcoin Mining Pool Shows Signs of Life After Precipitous Hashrate Drop
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Blockchain Bites: Google Validates Theta, Coinbase and BitGo Eye Crypto Prime Brokerage
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Shinhan Bank Teams With Kakao’s GroundX for Blockchain Security Boost
news Shinhan, one of the oldest and largest banks in South Korea, has partnered with two fintech firms to build a new security system using blockchain tech. For the effort, the bank has sign an agreement with GroundX, the blockchain subsidiary of messaging app provider Kakao, and blockchain developer Hexlant, according to an article from The Korea Times…
Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism
Bitcoin’s price slipped to the $62,000 area on Thursday as indicators suggest bullish sentiment is near extreme levels, which typically precedes a price pullback.The cryptocurrency’s price was down about 5% over the past 24 hours after failing to sustain an all-time high of almost $67,000 on Wednesday.The crypto Fear & Greed Index remained elevated in…
Crypto Catalysts: Jobs Data to Highlight the Week’s Macro Releases
Jobs data will highlight this week’s economic calendar.Investors will be looking for continued signs of a cooling employment market and slowing growth, which would suggest inflation is waning and possibly buoy risk-on asset markets, although cryptos have been largely immune from significant macroeconomic events. Hot jobs data, which typically accompanies rising prices, has been a…
Bitcoin Faces Resistance Near $64K, Support Between $55K-$60K
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White House Advisory Says Cryptocurrencies Used for Fentanyl Purchases
news The White House issued two advisories on drug purchases in the U.S. Wednesday, using the communications to make specific references to the role of cryptocurrencies in such transactions. The advisories, addressed to both financial institutions and digital payment platforms, state that “convertible virtual currencies,” particularly bitcoin, bitcoin cash, ethereum and monero, can be and have been…