A migration of billions of dollars is set to happen from stocks to bonds by the end of March as US-based asset management firms rebalance their portfolios. And it could have a direct or an indirect impact on the Bitcoin market. Nikolaos Panigirtzoglou, a cross-asset research analyst at JPMorgan & Chase, noted that pension funds,…
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Once popular, Dogecoin (DOGE) has witnessed a revival in the past few months after influential personalities like Elon Musk, Snoop Dogg, and others openly supported the cryptocurrency on social media. A sudden interest in the almost forgotten cryptocurrency created a huge demand among the crypto community as traders and investors started looking for reliable platforms…
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OKEx, the global crypto exchange and trading platform is introducing a new experience to its trading community with a Unified Account. As the name suggests, Unified Account is one place from which OKEx users can execute trades across all instruments and manage their portfolios throughout the ecosystem. The OKEx Unified Account, also known as Portfolio…
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Ethereum is down over 5% and it broke the $1,600 support zone against the US Dollar. ETH price must stay above $1,550 to avoid more losses in the coming sessions. Ethereum extended its decline after it failed to recover above the $1,750 resistance level. The price is currently trading well below $1,600 and the 100…
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Bitcoin price attempted a recovery above $56,000 against the US Dollar, but it struggled above $57,000. BTC trimmed gains and it even broke the $53,200 support zone. Bitcoin extended its decline below $53,200 and $53,000 support levels. The price is now trading well below $54,000 and the 100 hourly simple moving average. There was a…
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Lolli, a BTC-back Bitcoin rewards program, has just completed a a $5M pre-Series A funding round, backed by a variety of popular internet celebrities and influencers. Here’s more on what names are behind the $5 million in investment, and how Lolli has grown since its inception. Internet Celebrities, Alex Ohanian and Serena Williams, Invest $5M…
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According to a document filed with the U.S. Securities and Exchange Commission (SEC), banking giant Goldman Sachs has petition approval for a new Exchange Tradable Fund (ETF) with the option to add exposure to Bitcoin. With an ARK innovation structure and a March 19, 2021 filing date, the financial product would be called Autocallable Contingent…
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Input-Output Global CEO Charles Hoskinson announced that he has prepared his segment for the highly anticipated Cardano 360 event. In the mysterious post, Hoskinson hinted at a bug that allowed a hacker to mint 184 billion Bitcoin. Just finished recording my segment for Cardano 360 tomorrow. It’s going to be a fun one 🙂 See…
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Bitcoin price is back in the mid-$50,000 range, unable to push any lower despite bears best efforts and overheated technical indicators pointing to a potential trend reversal. However, several fundamental factors are proving to be too strong, and are setting the stage for the next leg up in the ongoing cryptocurrency bull trend instead. Here’s…
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With Bitcoin’s price barely holding above its support level, indicators are turning more bullish. After this period of sideways movement, BTC could be poised for a big upside move soon. Glassnode co-founders Yann Allemann and Jan Happel have shared data from the firm that points to a high appreciation in BTC price. This is due…
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