Blockchain & Crypto Archives - Page 45 of 298

Bitcoin Is ‘Volatile’, Not an Inflation Hedge, and Is ‘Impractical’, Says Bank of America Analyst

March 21, 2021

Bank of America analyst Francisco Blanch has slammed the flagship cryptocurrency bitcoin using various criteria in a review of the bull argument for BTC. Per Blanch, bitcoin has many flaws including its vol...

Ethereum Whales Keep HODLing as Decentralized Finance and ETH Staked Grow

March 20, 2021

Ever since the price of Ethereum hit an all-time high above $2,000 last month, the number of addresses holding 10,000 or more ETH has barely changed, showing whales are holding onto their funds, despite the d...

CFTC Hits Coinbase with $6.5 Million Fine Over Wash Trades

March 20, 2021

Coinbase was ordered to pay $6.5 million in restitution to resolve civil charges brought by the US Commodities Futures Trading Commission for inaccurate reporting as well as wash trading on its institutional pl...

Bitcoin Whale Addresses Drop Amid Profit Taking

March 20, 2021

Bitcoin’s “rich list” has shrunk over the past month amidst the ongoing rally, as more and more investors seek to take profits on their gains. According to on-chain analytics firm Glassnode, the number of bitc...

If You Are a Rich Enough Client of Morgan Stanley, You Can Now Get Access to Bitcoin Funds

March 19, 2021

Morgan Stanley is set to become the first large bank in the United States to offer its wealth management clients access to bitcoin funds. The investment bank, which has over $4 trillion in client assets, has...

Crypto Derivatives Exchange Bybit Announces ADA, DOT, and UNI Trading Pairs

March 19, 2021

Cryptocurrency derivatives exchange Bybit has announced the addition of three new USDT trading pairs with Cardano (ADA), Polkadot (DOT) and Uniswap (UNI). According to a press release shared with FortuneZ, t...

Simplex Offers Fiat on-Ramp to Buy Polkadot’s DOT

March 19, 2021

DOT, Polkadot’s native token on its multi-chain network that connects different blockchains into a single network, can now be purchased using credit and debit cards. This milestone comes on the back of a new ...

Thailand to Regulate Stablecoins Sooner Than Bitcoin

March 19, 2021

Thailand’s central bank is moving towards bringing regulations for the so-called stablecoin as soon as this year, the Bank of Thailand’s Assistant Governor, Siritida Panomwon Na Ayudhya revealed on Friday. “...

Morgan Stanley Reportedly in Talks for Bithumb Acquisition

March 19, 2021

Morgan Stanley has entered into negotiation to acquire stakes in Bithumb, the largest South Korean cryptocurrency exchange, according to local media, Asiae. An anonymous source from within the exchange has r...

Crypto Analyst Predicts Ethereum Chain Split, Loads up on ETH

March 18, 2021

Popular cryptocurrency trader and analyst Tyler Swope has revealed he is buying as much Ethereum as possible over bitcoin while expecting the second-largest cryptocurrency by market capitalization to undergo ...