JP Morgan Backs 1% Bitcoin Allocation, Suggests Uncorrelated Hedge

[ad_1] Key Takeaways In a note to investors, JP Morgan strategists said that a 1% allocation in BTC can improve portfolio effeciency. The firm continues to frame the asset as an off-risk,... Read more »

Institutions and miners accumulating through Bitcoin chop; whales uncertain

[ad_1] After a violent price reversal last week that saw Bitcoin retreat from all-time highs, traders and analysts are now eyeing major players and investors to gauge BTC’s next move — and... Read more »

Private banks to help with the rollout of booming digital yuan

[ad_1] The nation is leading in the development of a state-backed digital currency and banks are joining that cause. China’s private banks step up Some Chinese private banks are joining in on... Read more »

The US SEC Revokes Registration of Long Blockchain Corp’s Securities

[ad_1] The U.S. Securities and Exchange Commission (SEC) says it has revoked the registered securities of Long Blockchain Corp (LBCC) after the company failed to file annual reports since Dec. 31, 2017.... Read more »

What DeFi needs to do next to keep institutional players interested

[ad_1] The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty asset, at the most as a... Read more »

Digital Artist Bags $900,000 From Banksy Style NFTs

[ad_1] Key Takeaways A digital artist has made over 447 ETH from selling NFTs depicting a similar style to Banksy. The artist is using the moniker “Pest Supply” and appears to have... Read more »

FTX Traders Can Now Short the Pandemic, Long the Olympics

[ad_1] Key Takeaways Cryptocurrency derivatives exchange FTX Exchange has introduced a new futures contract called OLY2021 The futures contract will let traders speculate on whether the Tokyo Olympics will happen this year... Read more »

Here are 6 DEX tokens that have seen exponential growth in 2021

[ad_1] DeFi has steadily grown in prominence over the past year thanks in large part to the strong foundations established by decentralized exchanges (DEX) that enable easy access to the latest tokens... Read more »

China’s Bitcoin Mining Rig Manufacturers Pressed by Demand, Advance Orders, Devices Sold Out

[ad_1] A regional report from China indicates that bitcoin mining rig manufacturers have seen a massive surge in demand since the price of the leading crypto asset skyrocketed. Companies such as Canaan... Read more »

Economist warns of dystopia if ‘Bitcoin Aristocrats’ become reality

[ad_1] Not everyone is excited about hyperbitcoinization.  According to a popular copy/paste meme, Bitcoin holders are set to become a neo-aristocracy as Bitcoin becomes the dominant world currency: Only $BTC holders will... Read more »
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