Bitcoin | Ethereum | Altcoin

2022-05-09 11:54:02 WisdomTree positions its forthcoming crypto wallet to serve ‘the next 2 billion’

US asset manager WisdomTree hopes its forthcoming consumer-facing crypto wallet will offer an approachable experience for less tech-savvy users intimidated by the current crop.WisdomTree is gearing up for a beta launch of its crypto wallet, with a full roll-out in 2023.

The smartphone-based wallet, known as WisdomTree Prime, was announced in January and will have a limited US launch this summer before a full roll-out across America next year, Jason Guthrie, Wisdomtree’s European head of digital asset product and head of digital assets, said in an interview with The Block.WisdomTree Prime represents a first foray into direct-to-consumer finance for a firm that’s currently best known for offering exchange traded funds (ETFs) through third parties.

Source

@Bitcoin_Ethereum_Altcoins Open / Comment

2022-05-08 08:16:02 Bank of America Proves Bitcoin Is Not Portfolio Diversifier

Bank of America, one of the largest banking institutions in the U.S., has demonstrated that Bitcoin cannot serve as an inflation hedge in its most recent research paper.The cryptocurrency keeps trading in tandem with the U.S. stocks .

Bitcoin’s recent price action has been primarily driven by macroeconomic conditions. As reported by U.Today, the U.S. Federal Reserve decided to hike the benchmark interest rate by 50 basis points for the first time in 22 years on Wednesday, reaffirming its bullish stance.Earlier today, the world’s largest cryptocurrency dipped to $35,268, the lowest level since Feb. 24.

Source

@Bitcoin_Ethereum_Altcoins Open / Comment

2022-05-07 15:03:02 Valkyrie Launches Avalanche Trust for TradFi Exposure to AVAX Token

Crypto investment firm Valkyrie said Wednesday it is launching an Avalanche Trust (VAVAX) for traditional investors looking to gain exposure to the Avalanche ecosystem. According to sources familiar with the matter, the trust has already secured $25 million.

The Avalanche Trust launch comes two weeks after Valkyrie established a “Multi-Coin Trust” that invested in a basket of base-layer tokens including AVAX. This new fund is one of the only AVAX-specific funds targeting accredited investors.Avalanche is a proof-of-stake blockchain and competitor to Ethereum in decentralized finance, or DeFi. Its native fees token was trading near $60 Tuesday, well off all-time highs above $130 set last November.

Source

@Bitcoin_Ethereum_Altcoins Open / Comment

2022-05-07 13:50:25 Insights and Breaking News on Bitcoin and the whole ecosystem.

t.me/Bitcoin_Insights Open / Comment

2022-05-06 13:39:02 Institutional Investors Cooling on Crypto as Weekly Outflows Top $120M

Institutional funds are leaving the crypto sector at an accelerating pace as markets continue their retreats.Capital has flown out of major crypto asset funds for four weeks in a row, and the total for the past seven days was $120.1 million. The total for the 4-week run was $339 million, according to the report.

The majority of those outflows were from Bitcoin-based funds resulting in the largest single week of outflows since June 2021, with $133 million exiting BTC funds.Most of the altcoin-based funds also retreated, but multi-asset funds bucked the trend with a $1.9 million inflow for the period. There were also minor inflows for Terra and Fantom-based products. Only funds based on the FTX token saw measurable inflows with $38 million, CoinShares reported.

Source

@Bitcoin_Ethereum_Altcoins Open / Comment

2022-05-05 13:32:14 They say that bitcoin is like a roller coaster, so many emotions!

But by downloading Raid: Shadow Legends, you can experience even more emotions of victory, battles and plunge into the fantasy world!

In the game you will find:
- 600 unique heroes with unique skills and combat animations
- first-class strategies and unpredictable plot
- hundreds of artifacts to develop your team
- colorful and realistic graphics available with minimum requirements

Also, take my promo code BEALTCOIN which will give you a significant advantage in the development of heroes over other players.

Available only for NEW players.

Download Raid from this link https://clcr.me/BEALTCOIN_MAY and start your journey! Open / Comment

2022-05-05 10:07:02 Crypto cash flows into midterm elections as the industry flexes its political clout

This year’s midterm elections aren’t just about red versus blue. Crypto investors are trying to turn politics orange. That’s the color adopted by bitcoin’s most ardent supporters, who have driven an influx of cash into campaigns across the country.

Sam Bankman-Fried, CEO of crypto exchange FTX, is the primary force behind the political action committee Protect Our Future. The group has raised $14 million — most of it from the billionaire Bankman-Fried — and could tip the scales in House races in Ohio and Oregon.Other FTX executives are involved in GMI PAC, which has already brought in $6 million and plans to spend $20 million this cycle.

Source

@Bitcoin_Ethereum_Altcoins Open / Comment

2022-05-04 23:00:18 Binance has announced the obtaining of the regulatory approval in France.

Binance's registration allows it to custody digital assets and operate a trading platform in the country. Binance is now a registered Digital Asset Service Provider (DASP) in France and will be permitted to custody digital assets; facilitate the purchase, sale and exchange of such assets; and operate a trading platform for them.

More Crypto News Open / Comment

2022-05-04 11:37:13 Canadians trail Americans in desire to use and invest in cryptocurrency, poll finds

Canadians are less likely than Americans to use or invest in cryptocurrencies, says a new survey released Tuesday.The Ipsos survey conducted as part of larger social sciences and humanities funded research project says 24 per cent of Americans would use Bitcoin or other cryptocurrencies to purchase goods and services, compared with 18 per cent of Canadians.

Americans would also be more likely than Canadians to use cryptocurrencies to avoid cross-border banking fees (19 per cent vs 14 per cent), shelter their wealth from taxes (17 per cent vs 11 per cent), and to send remittances across national borders (14 per cent vs 11 per cent).The proportions are similar to those polled in Europe, but significantly lower than those in Latin America, Asia-Pacific, the Middle East and Africa.

Source

@Bitcoin_Ethereum_Altcoins Open / Comment

2022-05-03 20:31:02 Indian IT Ministry directs crypto exchanges to store user data for 5 years

The Indian Computer Emergency Response Team (CERT-in), which falls under the Ministry of Electronics and Information Technology, issued a new directive on Thursday, forcing crypto exchanges, virtual private network (VPN) providers and data centers to store a wide range of user data for up to five years.

Under the newly issued directive, crypto exchanges operating in India will be required to store customers’ names, ownership patterns, contact information and various other data.Crypto exchanges and VPN services providers are also required to report any cyber incident within six hours of its occurrence and must hand over the collected data to the authorities upon order.The new directives will come into force on June 22, which may force many VPN service providers.

Source

@Bitcoin_Ethereum_Altcoins Open / Comment