Orion Terminal Set for Launch, Uniting CEX and DEX Liquidity
Orion aggregates liquidity, order books, and trading pairs of every major CEX, DEX, and swap pool into one non-custodial, chain-agnostic, and decentralized platform, with the flexibility to facilitate seamless cross-chain trading that goes beyond just Ethereum. Orion Terminal, the decentralized gateway to the first hybrid...
Bitcoin (BTC) Price Regains $19,000 Levels as Institutions Chip-In Once Again
Bitcoin price shows northward momentum owing to rising confidence among institutions. The institutional developments and money inflow in Bitcoin have triggered investor optimism in the market.After a strong correction last week, Bitcoin (BTC) reclaimed the price of $19,000 over the past weekend. At press...
Australian Crypto Service Provider Banxa Grabs Toronto Stock Exchange Listing
This year has been a busy one for the Australian crypto service provider Banxa and there are even more events ahead.Banxa, an Australia-based crypto service provider, is to be listed on TSX Venture Exchange, a Toronto stock exchange, with a market cap just shy...
Coinstar Expands Its Coinme Bitcoin ATMs to 40 States across US
Coinstar kiosks are evenly distributed and currently accessible by about 90% of the American population.Supermarket kiosk company, Coinstar has announced to have extended the reach of its Bitcoin ATMs powered by Coinme to about 40 states in the US. In addition, its Coinme ATMs...
These are the investors backing MicroStrategy’s Bitcoin investment
MicroStrategy’s ambitious $650 million Bitcoin investment wouldn’t have been possible without the backing of the billion-dollar company’s investors. However, few know the names of the companies that supported the ambitious decision and decided to allocate a significant portion of their own funds to Michael...
MassMutual’s Bitcoin Buy May Presage $600B Institutional Flood: JPMorgan
JPMorgan analysts have said the recent bitcoin purchases by Massachusetts Mutual Life Insurance Co. are a sign of growing mainstream acceptance for the cryptocurrency.
“MassMutual’s bitcoin purchases represent another milestone in the bitcoin adoption by institutional investors,” JPMorgan’s strategists said, according to Bloomberg on Monday.
“One...
JPMorgan explains how easy it is for Bitcoin’s market cap to explode by hundreds of billions
2020 has been a year of Bitcoin adoption. On the retail side, PayPal has launched crypto-asset trading while Bitcoin itself has seen widespread coverage by the world’s media. On the institutional side, Wall Street service providers have begun to service corporations and funds with...
Fidelity’s Custody Business Around Bitcoin ‘Incredibly Successful’: Johnson
Fidelity Investments CEO Abby Johnson says the mutual fund giant’s custody business around bitcoin has been “incredibly successful” and has a “tremendous pipeline.”
In an interview with Barron’s, Johnson noted that developments in the sector are moving so rapidly it’s hard to keep track...
Crypto Long & Short: Bitcoin’s Relationship With Gold Is More Complicated Than It Looks
Earlier this week, JPMorgan published a global markets strategy note that points out money has flowed out of gold and into bitcoin since October, and predicts this trend will continue over the medium to longer term.
The easy conclusion is that investors are finally understanding...
Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020
Bitcoin is struggling to make gains as an expected low-volume weekend could push price further down. Meanwhile, the increasing number of active Ethereum addresses this year is a testament to the network’s growth.
Bitcoin (BTC) trading around $18,019 as of 21:00 UTC (4 p.m. ET)....