The banking giant announced that each of these institutional portfolio funds can get up to 25% exposure to Bitcoin (BTC).
During the last couple of weeks, the cryptocurrency market has shown significant volatility, albeit most price moves point towards a long-term uptrend, which is a desiderate for most traders worldwide.
Citing massive demand from its clients, Goldman has decided to offering investment options in Bitcoin and crypto funds subjected to regulatory approval.
Due to the high volatility of the cryptocurrency markets, derivatives trading has become increasingly common among crypto traders in recent years.
The Palm NFT Studio from ConsenSys will serve as a sidechain to the Ethereum mainnet collaborating marketplaces, artists, and rights holders into one NFT ecosystem.
U.S. customers can directly make payments at the checkout via their digital currency PayPal wallets to pay online registered merchants world-wide.
VISA has collaborated with Crypto.com and Anchorage to make settlements in USDC stablecoins.
China is seeking global co-operation with fair rules for the working of CBDCs among global central banks.
During this week of the year, the cryptocurrency market has continued its path of volatility. While the most coin prices have mostly moved sideways, bitcoin fell approximately $10K from its all-time high, creating a short wave of panic selling.
Fidelity Investments is the latest to join the Bitcoin ETF race in the market while CBOE is once again willing to launch its Bitcoin Futures.
Tesla CEO Elon Musk said that the company shall be running its own Bitcoin nodes and will be further holding all BTC received as payments.
The Fed Chairman stated that cryptocurrencies are in no way substitute to the U.S. Dollar. He also spoke about the developments with the Digital Dollar.
Skybridge Capital said that the shares of its Bitcoin ETF Trust shall be listed on the NYSE Arca exchange. It asks investors to do their due diligence before investing in such Bitcoin derivative products.
The cryptocurrency market has seen quite a bit of volatility, expressed by abrupt price rises followed by prices settling down to slightly lower levels. Resistances have been tested, however, and it looks like the market’s bull run is still in swing.
Crypto loans show great promise in increasing users’ liquidity in hopes of profiting off emerging opportunities.
Powell’s comments on no interest-rate hikes provided major boost to the BTC price which surged 6% going above $59,000 once again.
NYDIG CEO said that their clients there will some major announcements ahead coming from its traditional partners thereby triggering strong Bitcoin (BTC) adoption.
During the first quarter of 2021 (so far), retail investors have turned strong buyers outclassing institutional purchases in the same period.
A government official from India said that a crypto ban is likely on the cards. However, India’s Finance Minister gave pro-development statements during her recent interview.
The cryptocurrency market has blossomed in the past few months as Bitcoin hit an all-time high of $61,000, which has in turn increased the demand to mine these digital assets.