Archived Posts

One of the senior management staff at Guggenheim Partners, a financial services provider intending to gain exposure in Bitcoin, believes that the numero uno cryptocurrency is on course to decline to $20,000. Specifically, Guggenheim’s chief investment officer (CIO) Scott Minerd forecasts that Bitcoin will not record a fresh all time high any time this, as   Read more...

A State Senator of Nebraska has suggested fresh cryptocurrency supporting law that could make the state transform into the future regulatory safe zone for firms focused on blockchain and financial technology. Republican Mike flood who took oath two weeks back tabled the Transactions in Digital Assets Act and Adopt the Nebraska financial innovation act to   Read more...

The latest report from CoinShares, a crypto fund operator, shows that a portion of institutional investors are booking profit currently in Bitcoin counter. According to a report published by CoinShares, there has been weekly digital asset flows of $85 million dollars last week primarily due to activities related to cryptocurrency products by institutional investor. The   Read more...

Highly acclaimed blockchain Technology-based Brave web browser has incorporated Interplanetary File System (IPFS) to cement decentralised web access. As per media release made on January 19, Brave has embedded IPFS in desktop supporting web browser for Linux, Mac OS and Windows, paving way for users to incorporate the covenant in an easy manner. IPFS is   Read more...

Perpetual Protocol, which is basically a DeFi venture providing decentralized perpetual agreements utilizing the second-layer scaling solution for Ethereum blockchain, has become the sixth biggest DEX in terms of trading volume after running for just a month. As per data provided by Dune Analytics and distributed by Perpetual covenant, the weekly trading volume is over   Read more...

In Bitcoin’s (BTC) blockchain network, the number of nodes recorded a peak of 11,558, as per Bitnodes.io. As per coin.dance, which provides crucial network data on Bitcoin network, has assessed the aggregate number of Bitcoin nodes to be 11,613, slightly above the earlier high of 11,250 established in the same period last year. On January   Read more...

Scott Minerd, Chief Investment Officer of Guggenheim Partners, reaffirmed his $400,000 forecast for Bitcoin (BTC), while speaking to Bloomberg Markets and Finance. Minerd stated that he considers the numero uno crypto a more lucrative asset than gold with plenty of potential for the rally to continue from the current level. At the time of writing   Read more...

Cryptocurrency manager CoinShares has rolled out a Bitcoin based exchange-traded product (ETP) on the SIX Swiss Exchange. As per a report published by Bloomberg, the Bitcoin ETP, carrying ticker BITC, will begin trading on Switzerland’s principal stock exchange today. Every unit of ETP is pegged to 0.001 Bitcoin (BTC), worth about $35 at the time   Read more...

Binance Coin (BNB) is one of the cryptocurrencies which has been appreciating steadily over the last six months, recording an all-time peak of $46.90 on January and reflecting a gain of 189% in the aforesaid period. The new historical high was hit a day before the routine quarterly token burning event, creating apprehensions in the   Read more...