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“# Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA ” According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion. The bank said,…
“# April greater fools: Apes pile into ‘joke’ hat voucher Unisock clone ” What started as a joke to celebrate April Fools Day has become yet another sign of a frothy, overeager market as a bonding contract designed to sell baseball cap vouchers sold 468 hats in just a few hours, raising over $100,000 and…
“# Price analysis 3/31: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK ” Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital assets. In an interview with CNBC, Mary Rich, the global head of digital assets for…
“# Price analysis 3/29: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK ” On Monday Visa Inc announced that it had launched a pilot program with Crypto.com to enable its partners to settle fiat transactions by sending USD Coin (USDC) stablecoin to Visa’s Ethereum address at Anchorage digital bank. This step by Visa shows…
“# Uniswap’s daily fee generation tops Bitcoin’s by $1.7 million ” The world’s top decentralized exchange, Uniswap, is currently beating out Bitcoin’s daily fee generation by more than 50%. According to the data tracking website, CryptoFees, the leading Ethereum-powered decentralized exchange Uniswap has generated more than $4.8 million worth of fees over the past 24…
“# Rise of the exchange token: From utility coin to long-term investment? ” Native exchange tokens have exploded in value in recent months, alongside the wider cryptocurrency markets, changing the narrative for what these tokens were originally meant for. Bitcoin (BTC), Ether (ETH) and other cryptocurrencies have seen exponential growth over the past six months….
“# Price analysis 3/26: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK ” Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases in cold storage for the long term instead of booking profits. HODLing by institutions is…
“# Price analysis 3/24: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK ” On March 24, Tesla CEO Elon Musk announced that U.S. buyers are now able to purchase Tesla vehicles with Bitcoin (BTC). Musk also tweeted that Tesla will not convert BTC payments into fiat but will add to its existing treasury…
“# Uniswap V3 launches — UNI prices surges by 8% in minutes ” UNI, the governance token of Uniswap, the most widely utilized automated market maker (AMM) in DeFi, has surged significantly after the launch of Uniswap V3 on March 23. At just over $35 per token, UNI has gained nearly 23% in the past…
“# 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…