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Goldman sachs says crypto meteoric rise is tracking a key factor for global growth

INDUSTRY

Saturday, 19 December, 2020 at 15:07 GMT
Goldman Sachs analysts found a very similar trend between the world’s most valuable virtual currency and base metals, which are considered the global economy’s barometers. Against the backdrop of the ongoing coronavirus pandemic, Bitcoin and copper prices have been hitting...
Goldman sachs to handle coinbase ipo

INDUSTRY

Friday, 18 December, 2020 at 19:49 GMT
According to sources familiar with the matter, American cryptocurrency exchange Coinbase will use Goldman Sachs to handle its upcoming initial public offering. ...
The salvation army accept crypto donations

PREVIEW

Thursday, 17 December, 2020 at 17:49 GMT
The Salvation Army has announced that it will accept crypto donations. As crypto prices rise and social distancing remains a reality, the organization is looking to take advantage of the emerging digital phenomenon. What Would Satoshi Do? Maybe you’ve seen them on the streets...
American express enters cryptocurrency market

INDUSTRY

Thursday, 17 December, 2020 at 08:16 GMT
American Express, one of the biggest financial firms in the US has entered the cryptocurrency market with the latest investment in an institutional crypto trading platform, FalconX. The American Express Ventures did not disclose the actual size of the investment. ...
Japanese financial giant sbi acquires crypto trading firm b2c2

INDUSTRY

Wednesday, 16 December, 2020 at 09:15 GMT
Japanese financial giant SBI has completed another cryptocurrency-related acquisition in a move to bring more adoption to the industry. SBI Financial Services, a subsidiary of SBI Holdings, has acquired a United Kingdom-based crypto trading firm B2C2. According to an official Dec...
Bitcoin impersonation scams traced in moscow russia

WARNINGS

Tuesday, 15 December, 2020 at 13:54 GMT
An investigation by The Guardian Australia has revealed that a large organization based in Moscow is behind the growing number of fake bitcoin ads. After a threat of a lawsuit for displaying Bitcoin scams, The Guardian Australia launched an investigation to determine the nature...
Jp morgan institutional demand to increase after massmutual bitcoin investment

INVESTING

Monday, 14 December, 2020 at 10:00 GMT
 JP Morgan have supported the latest $100 million of Bitcoin investment by MassMutual. According to JP Morgan, the investment by Massachusetts Mutual Life Insurance Co. in Bitcoin have the potential for more institutional demand for the cryptocurrency in the coming years. ...
Korean exchange operator to oversee cryptolinked stocks in the midst of suspicions on unfair trading

WARNINGS

Saturday, 12 December, 2020 at 07:07 GMT
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. ...
New wordpress plugin allows ad revenue in ethereum

INDUSTRY

Friday, 11 December, 2020 at 09:57 GMT
WordPress, an open-source content management system accepted a new plugin on its platform that allows the content publishers to auction advertisement space for Ethereum. Dubbed ‘EthereumAds’, the WordPress plugin plans to compete with Good Adsense with the new advertising...
Binance smart chain now supports chainlink

PREVIEW

Friday, 11 December, 2020 at 07:22 GMT
Binance announced the successful integration between the decentralized oracle platform Chainlink and its smart contract blockchain, Binance Smart Chain. ...

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