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“# Can banks be their own bank? Deutsche Bank, BNY Mellon plan custody services ” As multiple banks prepare crypto custody services, holders now have to flip an old Bitcoin saying on its head: are the banks prepared to be their own (and others’) bank? Last week BNY Mellon, the oldest bank in the United…
“# Bitcoin price enters consolidation, but is a rally past $50K now inevitable? ” The price of Bitcoin (BTC) achieved a new all-time high on Feb. 11 as it surpassed $48,500 across major exchanges. Since then, the dominant cryptocurrency has been consolidating, showing no real momentum to break out of the record-high in the near…
“# A new trend? Non-crypto CEOs and celebrities embrace Bitcoin on Twitter ” A growing number of business leaders and celebrities — e.g., Elon Musk, Jack Dorsey, Alex Ohanian and, most recently, Ricardo Salinas — have added the Bitcoin hashtag to their Twitter biographies. It hasn’t gone unnoticed. When Elon Musk added #Bitcoin to his…
“# JPMorgan will get into Bitcoin ‘at some point’, says co-president ” Major U.S. investment bank JPMorgan Chase will eventually have to get involved in Bitcoin (BTC), co-president Daniel Pinto believes. The executive told CNBC Friday that JPMorgan’s decision to introduce Bitcoin services would depend on the client demand to trade Bitcoin. Although the current…
“# Web-based YIELD App looks to tackle DeFi’s ‘inherent complexity’ ” Retail trading platform YIELD App has launched a beta version of its web platform, giving retail traders direct access to the fast-moving DeFi market. The new platform, which is designed to simply DeFi access for the masses, registered 2,000 early users and collected $3…
“# Cointelegraph Consulting: BTC whales buying big as retail goes bullish ” The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicate that the total amount of BTC held by addresses with 100+ Bitcoin has seen a particularly strong uptick since the news of Tesla investing $1.5billion in BTC, growing by an additional…
“# Rising Bitcoin and Ether derivatives markets are shooting for the spot ” The crypto derivatives market is dominated by Bitcoin (BTC) and Ether (ETH), with the main platforms being Huobi, Chicago Mercantile Exchange, OKEx, Bybit and Deribit. The CME has also dipped in the Ether pool by launching its Ether futures on Feb. 8,…
“# Jack Dorsey and Jay-Z to set up 500 BTC blind Bitcoin trust in India, Africa ” Twitter CEO Jack Dorsey has announced the creation of a blind Bitcoin (BTC) development trust worth 500 BTC ($23.7 million), along with rapper Jay-Z, for teams working on the project in India and Africa. Dorsey revealed the creation…
“# Microsoft launches game to celebrate women in science — with Minecraft NFT rewards ” Tech giant Microsoft and blockchain developer Enjin have teamed up to release a game celebrating women in science that rewards players with Minecraft-compatible non-fungible tokens. “Azure Space Mystery” is an interactive, fictional online game designed to celebrate the International Day…
“# Opportunistic trader front-runs HydraDX’s Balancer LBP contract for $50,000 ” Polkadot-powered decentralized exchange HydraDX has raised roughly $22.86 million in just the second public token sale offered using Balancer’s Liquidity Bootstrapping Pool, or LBP. However, one opportunistic trader was able to front-run the offering by exploiting the fact that Balancer’s LBP contracts are deployed…