Coinbase's COIN stock listing and anticipation around Bitcoin ETF offerings will lead to the next phase of institutionalization of Bitcoin and crypto markets, according to experts. The Picks and Shovels of Crypto Industry Coinbase is the first U.S.-based exchange to obtain a green light...
Speculation mounts around Binance as some believe it could become the world's leading settlement layer. However, new research reveals high centralization levels in Binance Smart Chain, which might affect BNB's price action. Binance Smart Chain May Disappoint Binance's native...
Galaxy Digital is now among the handful of groups that have filed for regulatory approval to offer a bitcoin ETF.Galaxy Digital, a digital-asset- focused investment firm owned by Mike Novogratz, has submitted a bitcoin exchange-traded fund (ETF) proposal to the U.S. Securities and Exchange Commission (SEC). The move sees Galaxy Digital join a steadily growing list of applicants interested in regulatory approval to...
The conclusion of the long-term debt cycle is an inescapable economic reality that coincides with the ascent of the Bitcoin Network.In this article, I will detail why the incumbent global financial system is irreversibly broken, how it got to this point, and what the world will look like coming out the other side of the present crisis. I will use the frameworks...
Stellar entered a new uptrend that has seen it rise over 60% since the beginning of the month. While institutional investors continue scooping up more XLM, prices look poised to break out. Institutional Demand Skyrockets Institutional demand for XLM seems to be picking up at an...
The programmatic reduction in block reward creates a self-fulfilling prophecy of extremely bullish price action.When bitcoin was first introduced, it had little to no value. Early adopters traded thousands of bitcoin for just a few dollars, until the infamous “Pizza Day” incident when Laszlo Hanyecz paid 10,000 BTC for two large pizzas, setting in motion a chain of events that lead to...
Following a month-long consolidation period, the buying pressure behind Bitcoin is finally being reflected on prices. The flagship cryptocurrency has broken through a crucial resistance level, threatening to rise toward $70,000. Institutional Demand Skyrockets...
JPMorgan has released a report on the futures and derivatives market around bitcoin, providing insight and bullish sentiment.In a report titled “Why Is The Bitcoin Futures Curve So Steep?” JPMorgan Chase analysts examined the growing futures and derivatives market surrounding bitcoin, provided insights as to why the contango is so steep and explored...
Robinhood announced major growth in the number of customers making cryptocurrency trades — up to 9.5 million in the first quarter of 2021.Financial services company Robinhood has announced that in the first quarter of the year, the number of its customers who traded cryptocurrency spiked to an all-time high of 9.5...
Greg Foss takes a deep look at the conditions surrounding the global credit market in this executive summary.It is often said that equities are about emotion, whereas bonds are about reason. Equity investors tend to ask, “How much can I make?” whereas bond investors tend to ask, ”How much can I lose?” Are these types of investors optimists vs. pessimists? No, but...
VeChain made headlines after Salesforce announced it would test the firm's traceability solutions platform, VeChainThor. Salesforce Begins Testing on VeChain VeChain's native token, VET, saw its price...
Regulators in the U.S. have yet to offer clarity around the legality of Bitcoin and Ethereum. Although the former has been unofficially deemed a commodity, the latter could fall in line with Ripple's security status. Bitcoin Is a Commodity The U.S. Securities and Exchange...
A spike in profit-taking seems to have pushed Bitcoin, Ethereum, and XRP into a consolidation period. Still, these digital assets are expected to resume their respective uptrend soon. Bitcoin Consolidates Before Higher Highs Bitcoin has been dormant after...
Besides significant growth, what does all this mean? What are the unanswered questions?This content was originally published on Ellie Frost’s Substack.In case you missed them, below are the main results from yesterday’s earnings.$1.8 billion revenue$1.1 billion adjusted...
Stanislav Kozlovski walks us through the most important events for Bitcoin in the first quarter of 2021.Gradually, then suddenly.It is the way that Hemingway penned the process of going bankrupt: first comes a series of incremental steps which bring you closer to bankruptcy, until reality hits you and a sudden realization of what has occurred dawns upon you.This process can...
Coinbase has announced that it will list four new cryptocurrencies for trading: 1inch, Enjin Coin, NKN, and Origin Token....
Millennium Management, one of the world’s largest hedge funds, reportedly had exposure to Grayscale Bitcoin Trust as NAV fell steeply.Millennium Management, one of the world's largest hedge funds with $48 billion in assets under management, is reported to have had exposure to Grayscale Bitcoin Trust...
Bitcoin and Ethereum are being withdrawn from exchanges in large amounts. In light of that trend, on-chain analysts suggest that the prices of both cryptocurrencies could rise higher. Visible Signs of a...
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