Institutional investors plan to buy every Bitcoin price dip, data suggests
A new survey commissioned by crypto asset insurance company, Evertas, a cryptocurrency insurance firm, found that institutional investors plan to significantly increase their stakes in Bitcoin (BTC) and other digital assets in the future. After surveying 50 institutional investors that collectively manage over $78 billion in assets in the...
Bitcoin price hits $11,100 wall and drops 6% — Relief rally to follow?
The price of Bitcoin (BTC) brutally rejected the $11,100–$11,300 resistance range with a 6% drop. Following the steep pullback, analysts remain cautiously optimistic toward BTC and the rest of the cryptocurrency market. Analysts have generally attributed the short-term fall of Bitcoin to the uncertainty around the COVID-19 pandemic. On...
Crypto.com reverses ‘illegitimate trades’ amid prolonged downtime for the exchange
A database issue has led to prolonged downtime for the Crypto.com exchange. According to a series of tweets published by platform’s CEO, Kris Marszalek, the exact cause of these issues remains unknown. Marszalek did confirm, however, that some users had taken advantage of the situation by manipulating the ETH/USDT...
Meet Turkey’s ‘unexpected winners’ of Uniswap’s UNI giveaway
Students enrolled in the class “Introduction to Cryptocurrencies” at Turkey’s Kadir Has University were the unexpected winners of Uniswap’s UNI token distribution on Sept. 17. İsmail Hakkı Polat, one of two lecturers of the class, told Cointelegraph Turkey that all students who, as part of a class project, participated...
Startup Behind Siacoin Storage Platform Raises $3M, Rebrands as Skynet Labs
Skynet Labs has raised a $3 million funding round led by Paradigm, aiming to offer developers decentralized storage solutions for all types of applications.
Bitcoin News Roundup for Sept. 22, 2020
With bitcoin at risk of falling to four figures and new guidance from the OCC, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
Bitcoin-on-Ethereum Token tBTC Relaunches Following Buggy Debut in May
TBTC, a decentralized way to copy bitcoin (BTC) over to Ethereum, is relaunching today after a smart-contract bug sunk the project in May.
Nasdaq and SEC-Registered Fund Manager to Launch First-Ever Crypto ETF
The new ETF product will track an index currently being designed by Nasdaq that will provide broad exposure to the digital asset market.
Facebook’s Libra Co-Founder Morgan Beller Departs to Return to VC
Beller, 27, will become a general partner at NFX. She’d worked at a16z before joining Facebook.