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“# Traditional crypto custodians ramp up security to accommodate institutional demand ” Institutional investors are paying close attention to digital assets as Bitcoin (BTC) continues to soar past record-breaking levels, almost reaching the valuation of $24,000 for the first time in its history. Recent findings from a Bank of America–Merrill Lynch survey conducted between Dec….
“# Coinbase reportedly taps Goldman Sachs for IPO ” Digital currency exchange Coinbase has reportedly approached Goldman Sachs to lead its upcoming initial public offering — a move that could bolster the appeal of cryptocurrencies to a broader mainstream audience. Citing two sources familiar with the matter, Business Insider reported Friday that Coinbase is looking…
“# Game time? Microsoft adopts Ethereum blockchain for gaming royalties ” Enterprise Ethereum is beginning to show its impact as some of the largest companies in the world start to leverage the Ethereum network to solve complex business challenges. For example, tech giant Microsoft and Big Four firm Ernst & Young announced the expansion of…
“# Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira ” Peer-to-peer (P2P) Bitcoin (BTC) volume in Nigeria continues to rise as Africa’s largest economy remains a bastion for crypto adoption. According to Quartz Africa, data from the Bitcoin P2P marketplace Paxful show the country ranks second only to the United States…
“# Everledger and Glasgow Uni team up to fight counterfeit Scotch Whisky ” The University of Glasgow’s Scottish Universities Environment Research Centre, or SUERC, is joining forces with supply chain company Everledger to tackle counterfeiting within the whisky industry, according to a Dec. 18 post. The market for collectable single malt Scotch whiskies reached over…
“# Messari values Coinbase at $28 billion following IPO filing ” Following cryptocurrency exchange Coinbase filing a draft registration for a public offering with the United States Securities and Exchange Commission yesterday, research company Messari has valued the company at $28 billion. Messari’s model examined the company’s various business segments, such as trading, custody and…
“# Can gold and Bitcoin coexist? Goldman Sachs says yes ” Bitcoin’s (BTC) parabolic surge in 2020 will not hurt major traditional assets like gold, according to Goldman Sachs. One of the world’s biggest investment banks, Goldman Sachs reportedly sent a note to investors, reassuring its clients that Bitcoin does not pose an existential threat…
“# Twitter loses its mind over rapper’s ‘$1M Bitcoin giveaway’ … worth $11 each ” Cash App, the Bitcoin-friendly payments application from U.S. financial services company Square, has teamed up with Grammy-nominated rapper Megan Thee Stallion on a $1 million Bitcoin giveaway. Megan announced the promotional campaign via Twitter on Dec. 17. The post has…
“# Kim Dotcom throws weight behind BCH, tips $3K price in 2021 ” Internet entrepreneur and digital rights activist Kim Dotcom has been enthusiastically promoting Bitcoin Cash as a medium of exchange, but still remains bullish on Bitcoin. According to a tweet to his 711,700 followers today, Dotcom predicted the price of Bitcoin Cash (BCH)…
“# Bitcoin rally is ‘just getting started’ says Mati Greenspan ” In a newsletter released today, the Quantum Economics founder said Bitcoin’s recent rally past $23,000 — a gain of roughly 29% in a week — didn’t necessarily mean the market was “overheating” and heading for a crash like the one in December 2017. “In…