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“# Brave browser to integrate dedicated Binance Smart Chain defi wallet ” The privacy-centric web browser Brave will soon integrate a dedicated Binance Smart Chain wallet, according to a recent announcement, opening up the browser’s users to BSC’s ecosystem of DeFi products. Although Brave can already be configured to jump onto Binance Smart Chain manually,…
“# Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians ” Prominent Indian entrepreneur and government advisor Nandan Nilekani has spoken in favor of cryptocurrencies as the government reportedly mulls a ban on private digital assets. Nilekani joined a Clubhouse session with angel investor Balaji Srinivasan to discuss the state of crypto in…
“# Bitcoin rally slows as whales transfer wealth to retail investors ” Analytics provider Glassnode is reporting that current on-chain indicators suggest the Bitcoin bull market may be entering into its later stages. In its March 22 Week on Chain report, on-chain analytics provider Glassnode noted a decline in the number of Bitcoin whales despite…
“# Institutional crypto managers report record AUM despite U.S. inflows plummeting ” According to digital asset investment manager, CoinShares, institutional demand in the U.S. has declined slightly however European funds are still buying. According to Coinshares’ March 22 Fund Flows Weekly report, combined flows into institutional crypto products totaled $99 million for the week ending…
“# Streaming tokens surge as Bitcoin price drops to the $54,000 support ” Bitcoin (BTC) bulls faced strong headwinds on March 22 that quickly dampened any attempt at a breakout above the $58,000 level despite comments from United States Federal Reserve Chair Jerome Powell which called the top cryptocurrency a “substitute for gold.” Data from Cointelegraph…
“# 3 reasons why Bitcoin traders keep a close eye on the futures funding rate ” Futures contracts trading has grown immensely over the past year, and proof of this comes from the total rise in open interest. Open interest is the total number of outstanding contracts, and the figure has risen from $3.9 billion…
“#Jack Dorsey’s first tweet sells for $2.9 million as an NFT” Twitter boss Jack Dorsey sold his first tweet as an NFT for just over $2.9 million dollars on Monday. The tweet is in the form of a non-fungible token — a kind of unique digital asset that has exploded in popularity so far in…
“# Price analysis 3/22: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA ” The Turkish lira lost 15% of its value and dipped close to its all-time low after Turkey’s President Erdogan fired central bank governor Naci Agbal. This resulted in a massive spike in Bitcoin (BTC) searches in Turkey as investors sought…
“# Bitcoin is ‘more a substitute for gold than the dollar’ — Fed Chair Powell ” While Bitcoin (BTC) is too volatile to be money and “backed by nothing,” it could be a “substitute for gold,” says the Chair of the United States Federal Reserve. Speaking at an event hosted by the Bank for International…
“# South Korean internet giant Naver reportedly joins Bithumb stake race ” Major South Korean internet company Naver has reportedly begun negotiations to acquire a stake in the country’s largest cryptocurrency exchange, Bithumb. Naver has discussed a potential equity stake acquisition with major Bithumb stakeholder Vidente, local publication the Maeil Business Newspaper reported Monday, citing several…