Price analysis 10/28: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

VanEck strategy advisor Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years. 114 Total views 1 Total shares El Salvador can follow Singapore’s lead and become a financial center in the Americas, according to  Gabor Gurbacs, strategy advisor of investment management firm VanEck.“I

Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold.Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold has been traditionally weak.Source: KaikoTwo new trends emergeSince Black Thursday, two new trends have emerged: the correlation between Bitcoin (BTC) and the…

Dr. Ali Loveys says the biggest challenge in the blockchain space is not about the tech, but rather defining the right business value. 1058 Total views 19 Total shares During a Unitize panel on Wednesday, Ali Loveys commented that the biggest challenge in  the blockchain space is not the technology itself, but rather whether the…

Another ransomware attack has hit the Australia-based drinks manufacturer, Lion. This is the second attack on the company in less than one week. The cybercriminals behind the attack are threatening to double the ransom amount if Lion does not pay by the specified date. The currency of choice for the particular attack is Monero (XMR).A…

After launching a Bitcoin investment tool for millionaires earlier this year, Morgan Stanley dives deeper into crypto. 1211 Total views 29 Total shares Morgan Stanley, one of the largest banks in the United States, is setting up a new crypto-focused research division.The Wall Street megabank has appointed Sheena Shah as lead cryptocurrency analyst for its…

The infamous collapse of Terra may have hastened the creation of a supervision and control entity for virtual assets, which is set to launch in early June. 20 Total views 13 Total shares The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the…

The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data. 348 Total views 3 Total shares The Chinese government released a statement on Nov. 10 declaring that anyone stealing digital collections, such as nonfungible tokens (NFTs), will be subject to theft

“Don’t trust, verify,” says Charles Guillemet, the CTO of hardware wallet firm Ledger. 1258 Total views 5 Total shares With the recent attack on OpenSea highlighting blockchain vulnerabilities, Charles Guillemet, the CTO of Ledger warns users about “blind signing” which he defines as “consenting a transaction to be signed blindly, without understanding what it means.” In…

As of June 25, the 11 spot Bitcoin funds that debuted in January have seen net inflows of $14.42 billion.