The Bank of New York Mellon Corporation, better known as BNY Mellon, is reportedly gearing up to become “the first [bank] to enter the global digital custody space” later this year. According to a rep...
Category: Crypto
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Risk returns to crypto as some Bitcoin donations make their way to Ukraine
Bitcoin and digital assets analyst Marcus Sotiriou says that risk-on sentiment is back in the crypto market after Thursday’s sell-off that wiped off $143 million in BTC shorts within hours. Bitcoin ha...
Crypto Recovery Liquidates $265 Million Worth of Short Trading Positions
With a market cap jump of more than $150 billion in the last 24 hours, the crypto market saw one of the strongest recoveries in 2022. Due to the rising valuations, short crypto traders have suffered h...
Crypto Exchange Volume in Ukraine Spikes As Currency Controls Introduced
Trading volume for Bitcoin and other cryptocurrencies on popular Ukrainian crypto exchange Kuna surged over 200% earlier today, according to CoinGecko. From under $1 million on February 21, trading v...
Customers want to shop with crypto across the world
Crypto is poised to be the number one payment mode for shopping by customers They have the appetite to accept cryptocurrency and its risks Customers have shown a desire to spend with various cryptos...
How Far Will Bitcoin (BTC) and Ethereum (ETH) Drop? Top Analyst Eyes Dramatic Decline for Top Two Crypto Assets
A top crypto strategist is predicting that Bitcoin (BTC) and Ethereum (ETH) will continue to drop amid uncertainties in the global markets. Pseudonymous analyst Capo warns his 244,900 Twitter follower...
Sanctions May Not Affect Russia’s Access to Crypto, Reports Claim – Bitcoin News
As sanctions rain on Russia, following the Kremlin’s decision to invade Ukraine, media reports have suggested that they are unlikely to limit the country’s access to crypto assets. While the Russian e...
Crypto community rallies with Ukraine as local NFT artists’ works sell out
It appears that crypto enthusiasts worldwide are rallying in support of Ukraine to resist an ongoing full-scale Russian invasion. According to reports, Bitcoin (BTC) donations to Come Back Alive, a n...
BNY Mellon Preparing to Launch Institutional Crypto Custody Platform
BNY Mellon, a major US global bank headquartered in New York, has announced plans to launch a digital asset custody platform today to enable institutional clients to get exposure to cryptocurrencies ...
Longtime Goldman Sachs executive joins crypto exchange giant Coinbase
advertisement Goldman Sachs veteran Roger Bartlett is the latest to exit Wall Street in favor of a move to the crypto space by joining Coinbase. Bartlett’s 15-year tenure at Goldman Sachs saw him rise...
Crypto adoption is better in Ukraine than Russia
Crypto is better adopted in Ukraine than its counterpart Russia Crypto is legal in Ukraine under its legal framework Transactions per day are higher in Ukraine Ukraine enjoys a benefit as far as cr...
Billions lost in crypto market post Russian invasion of Ukraine
Crypto markets shed blood today post Russian invasion of Ukraine Bitcoin, XRP and Cardano lose over $450m in sell-off It will be more attractive in the coming days with respite in the distance On T...
Retail Investors Ask Advisors About Crypto, Inflation
Retail investors have never had it better. They can trade for free, buy investment funds with almost no fees and have access to incredible trading and investing technology. MANCHESTER, UNITED KINGDOM ...
Portugal’s Zero-Taxation, Low Living Costs Helps Gain Pace as Preferred Crypto Destination
Portugal is crafting a name for itself in the crypto space based on its zero-taxation policy, having set up various free zones to spur growth and research for cryptocurrency and blockchain organizatio...
Trudeau gives perfect reasons to take your money out of the bank and buy crypto
Justin Trudeau, prime minister of Canada, revoked the emergency act on Wednesday. Unsubstantiated reports are that the Canadian banking and financial system suffered as citizens withdrew their currenc...
Troika Media Group Named Agency Of Record For Real Estate Crypto Finance Innovator Balcony DAO
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Crypto’s Transparency Problem
Digital currency was believed to be an ideal medium of exchange that offered anonymity and privacy of users’ transactions. As a matter of fact, it is a misconception that people have both new investor...
Dogecoin’s founder speaks against meme coin spam ads on Twitter
The co-founder of Dogecoin, Billy Markus, has lashed against meme coins. Dogecoin (DOGE/USD) is currently the largest meme coin by market capitalization, and it has received overwhelming support over ...
The scoreboard for soccer club crypto deals
The world’s most popular sport suffered an own goal as European clubs canceled their partnerships with Bitci, a Turkish crypto exchange. However, plenty of substitute crypto companies are on the bench...
Unusual Bearish Signal Appears on Crypto Market: Here’s What It Means
Arman Shirinyan Stablecoin capitalization could reflect the global sentiment of crypto traders With the risk-off tendencies rapidly rising in financial markets, technical and on-chain signals appear h...
European Parliament delays vote on crypto assets bill over proof-of-work debate
The parliament of the European Union has delayed a key vote on its long-awaited cryptocurrency market regulation in response to outrage from the crypto world. The Markets in Crypto-Assets Directive, k...
Global stocks and crypto plummet post Russian invasion of Ukraine
Crypto and global stocks plunged on the backdrop of the Russian invasion of Ukraine BTC plunged 8% on Wednesday with its lowest level since Jan 24 Russia doesn’t intend to occupy Ukraine but demilitar...
Crypto Market Setting Up for a Bullish Second-Half This Year Despite Sell-Off, Says Bitwise CIO Matt Hougan
A top executive at Bitwise Asset Management says the current dip in crypto prices is temporary. In a new Yahoo Finance interview, chief investment officer (CIO) Matt Hougan says that crypto prices wil...
The No.1 Altcoin Exchange Of 2022
KuCoin Exchange has supported over 630 projects with 1100+ trading pairs, officially naming it the home of crypto gems. Advertisement A number of promising projects like BLOK, CHMB, VR, KMA, and DAO h...
What Will Be the Future of Crypto Lending?
The lending business is simple and is the core of the existing banking industry. But, when it comes to interests in US dollar deposits, they are only offering around 0.05 percent. Crypto lenders chang...
BNY Mellon Partners With Chainalysis, Plans Launch Of Crypto Custody Platform
The Bank of New York (BNY) Mellon, currently ranked as the world’s largest custodian bank and securities services company with $41.7 trillion in assets under custody (AUC) and over $2.2 trillion...
US Crypto Miners Are Determined To Boost Their Hash Power Despite Bitcoin’s Drop
Bitcoin’s price has fallen by more than three months, but US crypto miners aren’t backing down from adding more powerful computers to their operations. A large chunk of Bitcoin mining occurred in the ...
Terra LUNA Rises 25% as Crypto Market Rebounds
According to CoinMarketCap data, Terra’s LUNA token jumped 25% in the last 24 hours while the overall cryptocurrency market recovered. Terra’s 25% price surge nearly reversed the previous ...
NFTs: Psychedelic Crypto
A basic premise when it comes to price movements in crypto has consistently been that when bitcoin makes a significant move, everything else follows. And, frequently when it comes to altcoins the move...
Can Russia Use Crypto To Bypass U.S. Sanctions? Canada’s Freedom Convoy Proves So
Speculation grew over whether crypto transactions could help Russia bypass restrictions placed on its financial system by the United States, after President Joe Biden on Thursday announced stricter sa...