Morgan Stanley’s leading cryptocurrency strategist Sheena Shah anticipates the banking industry to capitalize on the demand for stablecoin deposits, reported CoinDesk. Stablecoins, which are often regarded as a bridge between crypto and fiat currencies, have a broad use case in the booming decentralized finance (DeFi) sector. Banks missing out not likely The stablecoin market cap…
Bitcoin broke the $63,000 mark this morning to set a new all-time high, data from markets tool CoinGecko shows. The network is now worth over $1.2 trillion, with 18.8 million BTC now in circulation. It traded at $63,000 yesterday but convincingly broke through the $68,000 mark on a futures ETF listing last month and added…
An often-quoted Bitcoin criticism is the lack of privacy due to the BTC blockchain being an open ledger visible to all. But Mercury Wallet looks set to change that with its layer-2 privacy solution. Last month, Mercury Wallet announced the beta release of its privacy-enabled wallet. The technology they’ve developed allows users to securely send…
In this article, we will explore the indicators behind the positioning of BTC investors and its psychological effect, the large increase in institutional activity, and the possible supply shortage on centralized exchanges. 97% of BTC investors are making money The In/Out of the Money Around Price indicators show the distribution of addresses that have bought…
JPMorgan, one of the leading banks in the United State, has reiterated its prediction that the value of Bitcoin could still breach the $100k mark to end the year at $146,000 but warned that the volatile nature of the asset could still send it tumbling back to $35,000. Bitcoin to $146,000 Analysts of the bank,…
“I’m going to take my next paycheck 100% in bitcoin…problem solved! @Sarasti can you help?” Suarez’s wish was inspired by a tweet from Bitcoin-bull Anthony Pompliano, who made a post posing the question, which U.S politician would be the first to accept their salary in Bitcoin? Over the last few years, Pompliano has been a…
El Salvador is planning a new creative endeavor to boost its Bitcoin-related transactions in the nation. The country is planning to build 20 new Bitcoin schools under their “My New School” program. As per El Salvador’s president Nayib Bukele, the surplus derived from the State’s Bitcoin Trust will be utilized in building these 20 schools…
Coinbase CEO: Solving these four problems will bring billions of people to crypto There are currently thousands of cryptocurrencies all vying for adoption on multiple different fronts, with many being viewed as scams and fundraising schemes, while others cryptos with legitimate use cases struggle to garner any significant support. 2 min read →
In order to gauge retail investors’ stock market knowledge, the online casino reviewer GamblersPick spoke to more than 1,000 people who have invested at least once. According to the survey results, respondents who owned cryptocurrencies scored significantly lower than investors who didn’t own any crypto. The results also revealed that 70% of digital investors have…
Video Bitcoin and Financial Wellbeing with Woman in Blockchain founder Lavinia Osbourne Lavinia Osbourne is the founder and director of Butterfly Wealth Creation, a Holistic Financial Wellbeing and Money Mindfulness consultancy where she promotes financial well-being and money mindfulness—so that their clients can have a better relationship with their money, improve their personal finance and…