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Forget gold! Matt Horne, head of digital asset strategies at Fidelity Investments, is urging investors to add a slice of Bitcoin to their portfolios. This recommendation holds irrespective of their specific views or investment thesis on the decentralized cryptocurrency.
Investment management firm Monochrome is leading the crypto charge in Oceania, launching Australia's first spot Bitcoin exchange-traded fund (ETF) with direct holdings of the cryptocurrency. The future seems bright for Bitcoin adoption in the continent.
Coinbase, the largest U.S. crypto exchange, has announced a $25 million donation to pro-crypto candidates via super PAC Fairshake. What does this mean for the political future of the crypto industry?
Take a peek into last week’s financial and crypto market whirlwind, where we unpack the freshest trends and happenings that are shaping the money world.
In a recent report, leading crypto analysts at QCP Capital projected the possibility of Bitcoin prices declining, while anticipating Ethereum's potential for appreciation. Leveraging their market expertise, the QCP team's analysis suggests diverging trajectories ahead, with Bitcoin potentially falling as Ethereum exhibits stronger upward momentum - insights investors can apply to optimize their digital asset portfolio.
Babylon, a Bitcoin startup, has successfully gathered $70 million to innovate a staking solution for BTC. Their strategy cleverly fuses Bitcoin’s robust, decentralized nature with the adaptability of PoS networks’ smart contracts. This impressive round of funding underscores the escalating enthusiasm among investors about Babylon’s vision to revolutionize the staking economy.
Launching the first Bitcoin fund, the initiative aims to raise $5 million in Bitcoin for UATX's endowment. However, this also requires a significant commitment to hold the BTC from the University.
The TRUMP token, tied to former U.S. President Donald Trump, has quickly rebounded after a steep drop following his guilty verdict. Despite the conviction, Trump remains defiant, calling the trial politically motivated
Is Elon Musk going to take the role of Trump's crypto counselor? Elon Musk's recent post on X platform acts as an official response to Bloomberg’s reports, which has received tremendous concerns worldwide.
Bitcoin has been trading in a narrow range, which might cause the market to be divided on its future trajectory. Some experts see this as market jadedness, while others believe in Bitcoin's bullish potential. However, Timothy Peterson warns that Bitcoin could be on the decline, according to the Bitcoin Price to Metcalfe Value index. As Bitcoin navigates this “depression zone,” traders and investors will want to remain vigilant for signs of a breakout or crash. The next few weeks will be crucial for the cryptocurrency market as a whole.
Notcoin (NOT) is currently leading the pack as the top performer among the top 100 cryptocurrencies, despite the overall bearish sentiment in the crypto market. The rise of NOT has sparked interest and speculation within the financial community.
PayPal has acknowledged its expansion on Solana blockchain concerning stablecoin PayPal USD (PYUSD), marking the company's first move to grow beyond the Ethereum ecosystem.
President Joe Biden's re-election campaign has begun reaching out to key figures in the cryptocurrency industry, including people Biden has refused to discuss. This change in tone could signify a growing recognition of the potential benefits and importance of the crypto sector.
The suggestion is made for the purpose of further decentralizing the community, enhancing trust and transparency, and lowering the possibility of administrator abuse or central control.
In an exciting development for the crypto industry, BlackRock's iShares Bitcoin Trust (IBIT) has surpassed Grayscale's Bitcoin Trust (GBTC) to become the world's largest spot Bitcoin ETF, amassing $20 billion worth of Bitcoin in just over 100 days.
Mastercard's new "Crypto Credential" replaces confusing crypto addresses with usernames, making sending and receiving crypto easier and safer for everyday users. This launch marks Mastercard's growing involvement in the cryptocurrency space.
