The institutional buy-in through major banks and adjacent firms continues this week. Fidelity Digital is the company’s enterprise-grade solution for digital assets. In a recent story first broken by Bloomberg this week, crypto demand is leading the Fidelity division to expand staffing by roughly 70%. Fidelity Digital: Doubling Down The report cites an interview with…
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Shiba Inu, a famed meme coin, has recently unveiled its DEX ShibaSwap. This comes on the heels of the growing popularity of SHIB as holders continue to show faith in the coin. The coin which was started as a joke has seen a lot of growth and seems to be taking a more serious tone…
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Bitcoin could retest the lows of its current range as its price trends to the downside. At the time of writing, BTC’s trades at $32,277 with a 2.3% loss in the daily chart. Investors and traders wonder if these levels will hold as bulls seem to lack conviction in lower timeframes. BTC trends downwards in…
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Capital International’s strategic investment in one of the most talked-about companies of the year shouldn’t raise any eyebrows. However, when said company is pursuing a never-before-seen strategy using a highly experimental digital asset, the world watches. It’s safe to say that Capital International believes in MicroStrategy as a company and in its CEO Michael Saylor.…
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Bitcoin price continues to sink, and when it isn’t falling its barely able to move sideways, with “up only” the one direction the cryptocurrency won’t go. Whether or not the crypto market is headed toward another bear market or not is debatable for now, but technical analysis suggests that when the peak of this cycle…
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The Bitcoin all exchanges whale ratio has soared, which might be an indicator that a crash could be coming soon, based on past patterns. The All Exchanges Whale Ratio Soars As pointed out by a CryptoQuant post, the Bitcoin All Exchanges Whale Ratio had a sharp spike on Sunday. The BTC All Exchanges Whale Ratio…
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IOTA has undergone one of its most important milestones since its inception, on April 29th the Chrysalis Network went live. Improvements in efficiency, security, and scalability were deployed. While developers work on its next major event, the Coordicide, the IOTA-based ecosystem keeps growing. As part of Chrysalis, new dApps have made their way into the…
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South Korean Law enforcement authorities have taken 33 individuals into custody for conducting illegal cryptocurrency transactions of $1.5 billion. In addition, these individuals carried out some illegal cross-border transactions using digital assets. Presently, the authorities investigate them and have fined fifteen while the 14 are yet to be prosecuted. However, four of these individuals are…
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Sotheby’s has now set the world record for the most expensive piece of jewelry sold for crypto last Friday. The global auction house had announced the intended sale earlier in the year of the 101.38-carat rare diamond. Sotheby’s had announced that the auction would be held with crypto as the buying currency. Stating that interested…
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NFTs have enjoyed considerable press and attention this year, overtaking DeFi as the hottest trend in crypto. However, with the explosive levels of growth within the sector, NFTs naturally invited skepticism from within crypto and from outside. When a single piece of digital artwork sells for $69 million via Christie’s, it’s easy to see why…
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