Crypto investor and analyst Lark Davis believes Bitcoin is poised to reach a six-figure price as its fundamentals continue to grow at an exponential rate. The digital asset analyst tells his nearly …
MoreCompound Finance has announced a treasury product for businesses and institutions
The DeFi lending pioneer made the announcement in a blog post on June 29, adding that the new Compound Treasury has been designed for non-crypto native businesses and financial institutions to access the benefits …
MoreBig investors are pouring money into blockchain data analytics for crypto. Why?
As blockchain and crypto adoption grows, blockchain data analytics has also come to the fore with investors, businesses and governments increasingly using the information to guide investment strategies, manage risk, …
MoreSalvadorans won’t be forced to use the government’s Bitcoin (BTC) wallet
The latest announcement from El Salvador’s pro-Bitcoin president, Nayib Bukele, has clarified that citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet. In a tweet on June …
MoreSingapore central bank to joins IMF; World Bank to push state digital currencies
The Monetary Authority of Singapore has launched a “Global CBDC Challenge,” inviting proposals for retail central bank digital currency innovations to improve payment services and promote financial inclusion. Fast facts: The initiative, …
MoreTop analyst is selling Ethereum (ETH) to buy Cardano (ADA)
A prominent crypto trader and strategist unveils that he’s buying Cardano at the expense of his Ethereum holdings. The pseudonymous trader known as Capo tells his 136,00 followers that Bitcoin …
MoreMorgan Stanley to hold 28,000 Grayscale Bitcoin trust shares, valued over $800,000
The assets were revealed in a monthly portfolio investments report filed to the U.S. Securities and Exchange Commission. The report details investments by Morgan Stanley, one of which was Grayscale’s Bitcoin Trust. …
MoreCryptoCom has partnered with Formula 1 to become its global partner
The popular digital asset exchange Crypto.com has become the Global Partner and Inaugural Partner of Formula 1’s new Sprint series for 2021. The first event will take place on Saturday, …
MoreMexico’s third-richest person: ‘I would hold only Bitcoin for the next 30 years’
Mexico’s third-richest man, Ricardo Salinas Pliego, continues with his support for bitcoin by indicating that his bank is planning to start using BTC. While outlining the limited supply of the …
MoreTesting of the digital rouble in 2022 confirmed by Cenbank Governor
Bloomberg Terminal has shared that Elvira Nabiullina, the governor of the Central Bank of Russia, has confirmed that the institution intends to start testing the digital equivalent of the rouble …
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