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“# Investment app Betterment still not ready to offer crypto services, says CEO ” Betterment, a major financial advisory company providing robo-advising and cash management services, has not yet decided whether it will introduce cryptocurrencies to its platform. Betterment is still researching a potential expansion of its services to inclue digital assets like Bitcoin (BTC),…
“# Jim Cramer still owns ‘a lot’ of Ether he first bought for an NFT auction ” In the latest sign that crypto continues to filter through into the mainstream, CNBC host Jim Cramer has spent the week discussing the large quantity of Ether (ETH) he holds. On CNBC’s Squawk Box on May 4, Cramer…
“# Swedish crypto broker’s IPO oversubscribed by 1,200% ” Safello, a Stockholm-based cryptocurrency brokerage, is seeing massive demand from investors for its upcoming initial public offering on the Nasdaq First North Growth Market. The company said Wednesday that its planned IPO was oversubscribed by 502 million Swedish krona ($59.3 million), up 1,240% from the planned…
“# Pro traders buy the Bitcoin price dip while retail investors chase altcoins ” Bitcoin (BTC) has been struggling to sustain the $55,000 support level for the past 16 days, or basically since the April 17 record-high $5 billion long contracts liquidation. The rejection that took place after the $64,900 all-time high had a devastating…
“#Sotheby’s to accept bitcoin, Ethereum in Banksy auction” Sotheby’s is jumping in on the crypto craze. The 277-year-old luxury auction house said it will accept bitcoin and ether, the digital token of the Ethereum blockchain, for payment in its auction next week of Banksy’s “Love is in The Air” masterpiece. Sotheby’s said in a statement…
“# Auction giant Sotheby’s to accept BTC and ETH as payment via Coinbase ” Sotheby’s, one of the world’s oldest and biggest auction houses, has announced that it will be accepting major cryptocurrencies as a new payment method at an upcoming auction. Sotheby’s CEO Charles Stewart said that the company will debut Bitcoin (BTC) and…
“# From nay to yay: JPMorgan’s path to crypto could shake up finance ” JPMorgan Chase’s constant love-hate relationship with cryptocurrency has been a fascinating one to observe over the years, especially since the digital asset sector started exploding at the start of 2021. To put things into perspective, between February and April, the total…
“# Ethereum price hits $3.5K record as Winklevoss exchange adds Dogecoin ” Ether (ETH) hit $3,500 on May 4 as the star of this week’s altcoin rally battled Dogecoin (DOGE) for returns supremacy. ETH/USD 1-hour candle chart (Bitstamp). Source: Tradingview Ethereum doesn’t stop at $3,500 Data from Cointelegraph Markets Pro and Tradingview followed ETH/USD as the…
“# Almost half of Bitcoin hash rate signaling for Taproot activation ” The road to the Taproot upgrade finally coming in 2021 is already underway, with major Bitcoin (BTC) mining pools already signaling support. According to data from Taproot.watch, a webpage created by Bitcoin developer Hampus Sjöberg, Taproot signaling now accounts for about 44% of…
“# Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021 ” DBS Bank, Singapore’s largest retail and commercial bank, has announced its first-quarter financial results following the launch of its institutional cryptocurrency exchange in December 2020. DBS chief financial officer Chng Sok Hui said that the bank saw record performance as quarterly net…