IGM Financial Inc., a 40-year-old Canadian wealth manager, could be next in line to launch Bitcoin and Ethereum services for its clients, suggested the company’s CEO, James O’Sullivan. Founded in 1978, IGM Financial is a large Winnipeg-based investment company with over $260 billion in assets under management. The firm’s Chief Executive Officer – James O’Sullivan...Read More
The weekend just started and most of the crypto assets initiated a downtrend, as seen in major of them currently. The top two assets, Bitcoin and Ethereum price are experiencing a notable drain. The plunge is not huge, yet impacts the other altcoins within the crypto space, either positively or negatively. Yet with the end...Read More
Pivotal upgrades for Ethereum 2.0 have been slow but steady. While technical issues continue to bother the network, something that has dragged on for over two years, researchers have now detailed three scenarios of how Ethereum 2.0’s proof-of-stake (PoS) design could still be attacked. Don’t worry; they can be fixed too. Serious Attacks on Ethereum’s...Read More
It was a very dynamic week in the cryptocurrency industry, even though it may not seem that way judging by Bitcoin’s price. And yet, we saw a lot of action in the altcoin scene, especially with memecoins and play-to-earn projects, so let’s dive in. Starting off, Bitcoin failed to produce any meaningful gains over the...Read More
Selling gold for Bitcoin (BTC) appears to be the new strategy among some investors. Jefferies’ Christopher Wood is no exception. He is now trimming his allocation to the precious metal to expand his exposure to the world’s largest cryptocurrency. Wood, who happens to be the global head of the investment banking firm, also believes traditional...Read More
Shortly after becoming a publicly-traded company, Bakkt Holdings has announced that its customers will be able to interact with the second-largest cryptocurrency as well. Owned and operated by the Intercontinental Exchange, Bakkt Holdings is among the largest regulated cryptocurrency platforms providing Bitcoin services to its clients. Its portfolio of available digital assets will double soon,...Read More
Advertisement The majority of altcoins are constantly increasing in value. ETH is gaining traction, and it may soon reach $4,500. XRP is striving for a crucial breach above $1.12 on the upside. If ADA closes above $2, it may get traction. The price of Ethereum increased when it went through the $4,350 resistance level. ETH...Read More
The Australian Securities and Investments Commission (ASIC) has taken slow but cautious steps regarding an exchange-traded product tracking the performance of bitcoin or another cryptocurrency. In the latest development, the organization published guidance detailing regulatory requirements for funds waiting to offer crypto ETPs, including exchange-traded funds (ETFs) and structured products. The guidance is designed to...Read More
There are no boring days in crypto. This week was the definitive proof of this. We saw something insane happen literally every day from the past seven, so let’s start with Bitcoin. This time last week, there were already some signs of indecisiveness in bitcoin’s price, which was approaching $60K. On Sunday, though, bulls stepped...Read More
On Oct. 27, Ethereum core developer Raul Jordan posted that the Altair upgrade on the Beacon Chain had been successfully deployed. Ethereum stakers needed not to take any action as the improvements were all made in the background, but validators did have to pay attention. The Altair upgrade is another step closer to the full...Read More
The entire crypto space has seen extreme volatility since the start of the week. The global market cap slips to $2.46 trillion with 6.42% negative gains round the clock. The market leaders Bitcoin and Ethereum seem to have run out of gas as the coins undergo a correction. Besides, meme coin SHIB Price loomed as...Read More
Ethereum’s scaling hurdles have been at the center of technical discussions among DeFi aficionados and ETH proponents for quite some time now. Today, during the annual Shanghai Blockchain Week conference, Vitalik Buterin shared some thoughts on the matter. Vitalik Buterin, in his opening remarks during this year’s edition of the Shanghai Blockchain Week in China,...Read More
A new report has revealed that a significant portion of all Ethereum-based non-fungible tokens (NFTs) is in the possession of a small number of addresses on the network. The report, which was published on October 21 by the open-source blockchain analytics firm, Moonstream, focused solely on NFTs with the ERC 721 token standard. It was...Read More
To say that last week was exciting would be a serious understatement. Bitcoin went on to chart a brand new all-time high at around $67K, we saw the approval of the first-ever futures BTC ETF in the US, a massive flash-crash on BinanceUS, and a correction towards $60K. Let’s dive in. Starting with Bitcoin. The...Read More
The Houston Firefighters Relief and Retirement Fund (HFRRF) has hopped on the cryptocurrency bandwagon by making a $25 million investment in BTC and ETH. The allocation became possible through a partnership with New York Digital Investment Group (NYDIG). The October 21st press release outlined the partnership between the two organizations, reading that NYDIG facilitated the...Read More
Advertisement Highlights The day seems to be rough for altcoins such as Cardano, Dogecoin, and Stellar. Coins like Fantom, Cosmos, and Litecoin had a cheerful day. Trends on the market charts have been rhythmic, while some coins flourish with their prices topping the daily charts. Some suffer, with prices dipping closer to their support levels....Read More
The crypto space has been receiving a phenomenal response from investors and traders. While prominent coins like Bitcoin and Ethereum remain the primary choices of hodlers. Other coins in the space are receiving praises from enthusiasts, over their fundamentals and price movements. Altcoins Flourishing in the Space Polkadot (DOT): Polkadot is one of the top...Read More
Bitcoin Price Targets $60,000 By Saturday Bitcoin price is flowing through its uptrend since the price broke out from the consolidation to form higher highs. After maintaining a notable uptrend for the past couple of days, the BTC price is currently falling into a bearish trap. However, the dip below $57,000 could still be considered...Read More
The future of cryptocurrency lies in the expansion of DeFi applications. There is a phenomenal shift undergoing in the crypto space empowering Decentralised finance. It’s revolutionizing the way of facilitating transparency, permission, risks, and control. Hence, the top cryptocurrencies Ethereum, Solana, and Cardano battling it out to dominate the space. Let’s dive and discover who...Read More
Ethereum Price has been picking up pace since the closure of September. The coin has reversed its trend with the start of October. And is rising on the charts with intermediate consolidations. The digital asset has been under consolidation for the past couple of days. The coin seems to be moving along a parallel chain,...Read More
Ethereum has been distant from the glitter and limelight as it turns heavy on the pocket for many in the space. Meanwhile, miners have buckled up, for the next big move. According to reports, more developers have entered the Ethereum ecosystem this year. Then the previous two years combined. Consecutively, the amount of ETH held...Read More
Ethereum has gained an incredible 126% over the last three weeks. Founder, Vitalik Buterin believes the Proof-of-Stake (PoS) to launch by the year’s end. With the switchover to the PoS network, the platform will be 90% more energy-efficient than it is now. Hence, this ETH price is aiming to hit $20k very soon. Ethereum’s PoS...Read More
The price of Ethereum has risen beyond the $3,500 resistance level. Above the $3,550 level and the 100 hourly simple moving average, ETH was able to gain ground. On the hourly chart of ETH/USD, there was a break over a key negative trend line with resistance near $3,475 throughout the rise. The two even broke...Read More
MetaMask – the rapidly growing and highly popular Ethereum software wallet – plans to bring DeFi to large crypto-related institutions. They have partnered with three crypto custodians to respond to different organizational needs. Namely, those are BitGo, Qredo, and Cactus. MetaMask Brings Defi to Major Crypto Companies ConsenSys – the Ethereum software company that created...Read More
The market leader BTC has sparked a rally above $54K, Ethereum too is pacing above $3500. XRP too is set to accelerate as it hits $1.08. However, ADA continues to face heavy resistance in the $2.3 range. Amidst such market activity, Popular analyst and trader Scott Melker predicts new rallies for Polygon and two other...Read More
Roughly a month after getting exploited for the second time this year, Cream Finance has reported that it has recovered more than $16 million of the funds. CryptoPotato reported on August 31st this year when the decentralized finance protocol Cream Finance suffered another security breach – this time, roughly $25 million in ETH and AMP...Read More
Popular social media giant TikTok has announced that it will be venturing into the non-fungible token (NFT) space by leveraging content from some of its top creators. The short video-sharing platform, which recently crossed 1 billion global users, said its NFT collection, dubbed TikTop Top Moments, will feature content from six “culturally” important videos from...Read More
With the start of October, Ethereum investors have multiple reasons to cheer for. The digital asset has been sailing the high tides for quite some time now. The crackdown, crisis, and delay in upgrades have let down enthusiasts in the space. However, the top-tier altcoin seems to be back on the move. With several institutional...Read More
Rosie Rios – 43rd Treasurer of the United States – recently voiced her support for XRP. Meanwhile, she implies that Bitcoin and Ethereum are merely speculative assets by comparison. Rios Backs Ripple The former treasurer tweeted her thoughts yesterday, stating that XRP has a role in facilitating cross-border payments, while the current top cryptocurrencies lack...Read More
The cryptocurrency market never ceases to amaze. One of the most popular centralized exchanges – Bitfinex – spent over $23 million worth of fees to send $100K USDT using Ethereum’s network. In what seems to be the most expensive transaction made on Ethereum, Bitfinex, the well-known cryptocurrency exchange, paid over $23M worth of ETH. Interestingly...Read More
