According to the Wall Street Journal, Google has invested a whopping $1 billion into CME Group, with a clause that CME would shift its core trading system to Google Cloud. https://t.co/W9womNoJAf — *Walter Bloomberg (@DeItaone) November 4, 2021 CME was the first platform to launch Bitcoin futures together
Crypto analytics company Glassnode has shared some data suggesting that Bitcoin’s illiquid has hit a new all-time high as investors continue to move their BTC holdings into cold storage. A prominent Bitcoin-related Twitter account (@BTC_Archive) shared a chart published by Glassnode, revealing that the illiquid Bitcoin supply, which
Commonwealth Bank (CBA) has become the first mainstream bank in Australia to offer crypto services after joining forces with American crypto exchange Gemini and blockchain analysis firm Chainalysis. Thanks to the partnership, CBA is now free to design a crypto exchange and custody service that will enable clients to buy,
Miami’s Mayor Francis Suarez has resorted to taking his next paycheck fully in Bitcoin, a move that positions him as the first known US politician to take such a decision. The pro-Bitcoin mayor, who has been making efforts to integrate Bitcoin into the operations of his city, made his
US banking giant JPMorgan does not appear to be impressed with Bitcoin’s bullish run as it believes that the fair value of the flagship cryptocurrency should be $35,000. According to a Bloomberg report, JPMorgan claimed that Bitcoin should be trading around 44% lower than its current price tag
Shortly after the US Securities and Exchange commission approved the ProShares Bitcoin Futures ETF, the crypto industry experienced inflows of about $1.5 billion, with the ETF singlehandedly accounting for $1.2 billion. However, inflows from US investors calmed down to around $50 million last week, according to CoinShares. Institutional
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El Salvador has announced that its next pro-Bitcoin initiative will be to enhance cryptocurrency education for its locals by constructing 20 Bitcoin schools. The Press Secretary of the Presidency outlined the Salvadoran government’s plans in a recent tweet. #ChivoPets | “Cuando se hizo este proyecto no habíamos ganado tanto dinero
Opinions
CryptoDragons has brought innovation to the NFT (Non-Fungible Tokens) market with its first-of-its-kind, decentralized Metaverse based on 9 interwoven smart contracts on Ethereum Blockchain. The technology incorporates a Battling Arena where NFT owners can compete for ETH or a rival’s dragon. For the emergence of the Metaverse, there must
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Leveraging the energy-efficient and inherently faster proof-of-stake [PoS] consensus mechanism, Bitcoin Latinum, the next generation insured asset-backed crypto platform, per a recent press release, has partnered with OSO ATM; arguably the biggest crypto ATM provider to install over 100,000 Bitcoin Latinum [LTNM] ATMs in all the 50 states of
Press Releases
Tokenization of real-world assets is an industry that keeps growing and evolving. Bringing real-world assets into the cryptocurrency and blockchain fold will usher in new use cases, services, and products. PRüF aims to introduce a convenient solution and introduce asset provenance with the help of blockchain technology. The Appeal of
The hash rate of the Ethereum network has climbed to a new high amid its latest price rally. According to data from The Block's Data Dashboard, Ethereum’s hash rate currently stands at about 747 TH/s (terahashes per second). The hash rate was around 465 TH/s
SQUID, a new digital coin inspired by the blockbuster Netflix series, Squid Game, has scammed investors to the tune of $3.38-million in what appears to be a rug pull. The cryptocurrency plunged to almost a fraction of a cent minutes after surpassing $2,850 at 09:35 UTC on
October was a record-breaking month for Bitcoin funds, as institutional inflows into BTC products picked up sharply within the month. Throughout October, Bitcoin funds generated $2 billion in inflows, bringing the year-to-date total to about $6.4 billion. Ether (ETH) funds, on the other hand, have raked in $1.05
Multinational investment bank Goldman Sachs strongly believes that Ethereum could double its USD value before the year runs out. The Managing Director of the firm Bernhard Rzymelka backed up the forecast, citing the direct proportionality between cryptocurrencies and global inflation rates. The top executive gave a detailed analysis in a
The Chicago Mercantile Exchange (CME) announced on Tuesday that it would be adopting a new Ether-based product in a bid to expand its cryptocurrency derivative offerings. The derivative marketplace is giving a new edge to Ether exposure for institutional and individual traders by launching a micro-Ether futures contract, sized at
Opinions
Anyone familiar with NFT and the cryptocurrency industry should be aware of NFT games. The general idea of NFT games is to earn or win a virtual asset in the game and profit out of it since every asset is unique and one of a kind. This means every asset