Price analysis 10/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s correction ignited selling in altcoins, which are slipping below critical support levels.
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Goldman Sachs completes first OTC crypto options trade with Galaxy
Galaxy Digital previously facilitated the launch of Goldman Sachs’ Bitcoin futures trading product for CME Group in June 2021. 469 Total views 5 Total shares American investment bank Goldman Sachs continues to expand its cryptocurrency trading expertise by executing its first-ever over-the-counter (OTC) crypto options trade.Goldman Sachs executed its first OTC crypto transaction in collaboration with…

Grayscale ‘100% committed’ to turning GBTC into Bitcoin ETF — CEO
Bitcoin is just a “couple of points of maturation” away from getting an approved ETF in the U.S., says Grayscale CEO. 834 Total views 7 Total shares The head of crypto investment giant Grayscale believes that only a “couple of maturation points” separate the United States from its first Bitcoin (BTC) exchange-traded fund (ETF).Speaking to…

‘No Borders’ — Alistair Milne Sends Bitcoin Instead of $2.6K Gold Bar
Bitcoin (BTC) investor Alistair Milne was eventually forced to send Bitcoin instead of a $2,600 gold bar as part of his recent giveaway.Following a giveaway announcement on Sept. 19, Milne has revealed the winner as well as other giveaway details in a thread on Twitter on Oct. 22. Giveaway backgroundAs originally envisaged, Milne should have given…

IBM Pilots Blockchain Solution For Primary Teachers’ Pensions in Bangladesh
A Bangeldeshi government agency is collaborating with IBM to harness blockchain for modernizing the country’s digital pension system. 321 Total views 14 Total shares IBM has announced an initiative to build a distributed ledger technology, or DLT, based architecture to underpin the digital pension system for Bangladeshi primary school teachers.The proof-of-concept comprises a permissioned network…

Regulatory Overview of Crypto Mining in Different Countries
A move by the Iranian government to cut off the power supply to local Bitcoin (BTC) miners grabbed headlines in June amid a soaring price gain by the preeminent cryptocurrency. As Bitcoin surged to prices not seen since 2017, a rising hash rate mirrored renewed interest in the cryptocurrency. By July 1, the Bitcoin mining…

Craig Wright Uses Falsified Docs to Prove Innocence in Kleiman Case
Self-proclaimed Bitcoin (BTC) creator Craig Wright has allegedly provided fabricated court documents to prove a trust deed with his plaintiffs, as seen from documents revealed by trial lawyer Stephen Palley on Twitter on July 3.According to Palley, the self-styled Satoshi Nakamoto has failed to prove his case by presenting court documents that Palley alleges to…

Tesla made $1B profit on its Bitcoin buy, says analyst
Tesla is about to make more money from its Bitcoin investments than profits from selling its electric vehicle cars in all of 2020, an analyst at Wedbush Securities said. 1085 Total views 9 Total shares American electric car giant Tesla has seen some massive gains from its Bitcoin (BTC) investment, reportedly having made up to…

Bitcoin DeFi ecosystem explained
The Bitcoin Taproot upgrade unlocked the potential to create DApps on the Bitcoin blockchain, improving the blockchain’s long-term viability by accelerating the DeFi movement on the Bitcoin network. Decentralized finance (DeFi) has experienced tremendous success since 2020, with nearly all of that growth being fueled by Ethereum. Ethereum paved the way for novel financial services…