Bitcoin + Ether: An Investor’s Perspective

As expected, the Bank of Canada Wednesday morning cut its benchmark overnight rate by 25 basis points to 4.75%.The move was anticipated by most economists as policymakers in Canada had previously signaled satisfaction with the direction of inflation alongside some concern about slowing economic growth."[It is] reasonable to expect further cuts to our policy interest

NEWS Bitcoin’s (BTC) price woes may not be over just yet, as a key technical indicator is about to turn bearish for the first time in four years. On the three-day chart, the 50-candle simple moving average (SMA) looks set to cut the 200-candle SMA from above, confirming what is popularly known as the “death…

Sam Bankman-Fried, the founder of collapsed cryptocurrency exchange FTX, has renewed a request for temporary release from jail during the course of his trial, according to a letter from his lawyers to the judge overseeing the case filed late Monday.The request saga started in August, when his release on bond was revoked and he was

The South Korea government will invest over $880 million next year in order to boost the development of innovative technologies including blockchain.

news Blythe Masters, the CEO of distributed ledger technology provider Digital Asset Holdings, has stepped down after three years running the firm. The company announced Tuesday that Masters will remain as a shareholder, strategic advisor and member of the company’s board of directors, but that she would vacate her position as chief executive for personal…

Jul 21, 2020 at 10:17 UTCUpdated Jul 21, 2020 at 10:35 UTC100x Group has participated in a Series A funding round for a South African crypto exchange, saying it offers an entry point into the fast-growing market. The recently-renamed parent company of derivatives exchange BitMEX confirmed Monday that it had led the $3.4 million Series…

A U.S. judge has shot down FTX founder Sam Bankman-Fried's attempt to subpoena law firm Fenwick & West as part of his criminal defense, a court order from Friday shows.The founder of crypto enterprise FTX – who now faces criminal charges from U.S. prosecutors over the dramatic collapse of the exchange while it undergoes separate…

When decentralized finance, or DeFi, took off in 2020, it was pitched as an antidote to the failings of legacy finance.Decentralized lending was supposed to be DeFi’s killer app – a way for people to borrow and lend digital assets instantaneously on blockchains, without banks or credit scores. As centralized crypto lenders like FTX crumbled…

The institutions are taking a fresh look at crypto and they’re flooding in.Last week, BlackRock (BLK) applied for a spot bitcoin exchange-trade fund (ETF). This week, another comically large asset manager in Invesco (IVZ) reapplied for approval to offer a spot bitcoin ETF. The less-comically large ETF-sponsor WisdomTree also refiled for a spot bitcoin asset…