INVESTMENT
Large Institutional Transactions Take the Lion’s Share of Bitcoin Volume at 99%
Institutional demand for Bitcoin does not seem to be fading based on the large transactions volume witnessed, according to a report by IntoTheBlock.
FTX Launches FTX Access to Provide Institutional Products and Services
Cryptocurrency exchange FTX launched FTX Access, which focuses on serving institutional investors in digital assets.
Double Bottom Pattern Playing Out in the Bitcoin Market, Is $50K in Sight?
A double bottom pattern continues to play out in the BTC market because the leading cryptocurrency has remained steadfast above the psychological price of $40,000 for the past few days.
Nearly a third of Women Plan to Buy Crypto in 2022, Says BlockFi
Crypto financial services firm BlockFi has released the third edition of its Real Talk quarterly survey, suggesting one-third of women plan to buy crypto this year.
Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows
More women are investing and trading cryptocurrencies in Turkey as their crypto curiosity tops that of men, according to a survey by crypto exchange KuCoin.
Bitcoin Hodlers’ Accumulation Continues, Ruble-Denominated BTC Volumes Hitting 9-Month High
Bitcoin hodlers remain unfazed despite the leading cryptocurrency recently hitting lows of $34,000 as they continue accumulating more coins.
JPMorgan Conducts Strategic Investment to Blockchain Firm TRM Labs, Expanding Crypto Business
Financial tycoon, JPMorgan Chase (JPM), said it is making a "strategic investment" in San Francisco-based blockchain intelligence platform TRM Labs, aiming at expanding the crypto business.
Bloomberg Partners with Elwood Technologies to Aid Institutional Crypto Adoption
To enable financial institutions and investment managers to govern their crypto investments seamlessly, Bloomberg has partnered with global fintech company Elwood Technologies.
Portugal's Zero-Taxation, Low Living Costs Helps Gain Pace as Preferred Crypto Destination
Portugal is crafting a name for itself in the crypto space based on its zero-taxation policy, having set up various free zones to spur growth and research for cryptocurrency and blockchain organizations.
Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding
Solana-community based decentralized exchange Slope Finance announced to complete the rasing of $8,000,000 in Series A funding, co-led by Solana Ventures and Jump Crypto.
El Salvador Tourism Sector Surges 30%, Benefit from Adopting Bitcoin as Legal Tender
El Salvador is leaping the dividends of making Bitcoin legal tender. The nation’s tourism industry has recorded a 30% surge since this milestone was attained in September 2021.
Digital Asset Firm Castle Island Ventures Raises $250M to Target Web3 Crypto Startups
Digital asset company Castle Island Ventures completed the largest financing in history, up to $250 million to invest in startups focused on building currency networks, financial services and Internet architecture.
Bitcoin Needs to Break $44.5K Resistance, before Pushing Forward to $48K Level, says Analysis
Bitcoin needs to break through $44,500 so that the current range can be shattered, which will be instrumental in driving the price to the $48K area.
A Rising Rate Environment will Tilt from Bonds to Crypto, Says Fundstrat Founder
Thomas (Tom) Lee, the founder of Fundstrat Global Advisors, believes that a hike in interest rates will be a game-changer for crypto because other investments like bonds will become less attractive.
Bitcoin Continues Trading above 50-Day MA, Indicating Bullish Sign
Bitcoin remains above the 50-day moving average, despite shedding off some value over the last 24 hours.