Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional asset manager CoinShares identified overall inflows of $24 million to altcoin-based investment products. The capital flows mark the second consecutive week of
Month: August 2021
Amid El Salvador preparing to officially enforce the country’s Bitcoin (BTC) law in early September, Salvadorans took to the streets to protest over the adoption of BTC as an official currency. El Salvador’s anti-Bitcoiners have expressed discontent regarding the government’s plans to adopt Bitcoin as legal tender, with hundreds of protesters marching through the capital
Naomi Osaka, a top tennis player from Japan, has been open about diversifying her investments in cryptocurrency after noticing the hype around Dogecoin (DOGE), which was primarily led by Elon Musk. In a recent Bloomberg interview, Osaka revealed that she has been in talks with her agent about cryptocurrencies after reading about Dogecoin and its
How open API standards will transform financial services Open standards will have a huge impact on driving innovation in banking. Learn the status in the U.S. – and the bold new opportunities open standards are set to usher in. Register here The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register
Venture capitalist Bill Gurley has taken a personal position in ether because he “was swayed by the arguments of the ethereum crowd.” He explained that it is “the smarter way to play if you’re going to have crypto exposure.” Bill Gurley Prefers Ethereum to Bitcoin Bill Gurley, a general partner at Benchmark, a Silicon Valley
The cryptocurrency market once again finds itself waiting for some form of catalyst to get the prices moving and this week commenced with the market moving sideways as Bitcoin struggles to find its footing near $48,000. Several altcoins have managed to break free of the wider market malaise and post impressive gains, giving credence to
Sea’s Shopee took just two years to become Brazil’s most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce: in-app mini-games offering coupons to winning users. The Singapore-based company has combined online shopping with the gaming nous of its separate mobile game arm Garena – creator of Free Fire, Brazil’s
Former Theranos CEO Elizabeth Holmes leaves after a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters Nearly a decade ago, Elizabeth Holmes was proclaimed the golden girl of Silicon Valley, and briefly crowned America’s youngest female self-made billionaire. This week, she’ll walk into a San Jose federal
iPhone 13 series could come with low earth orbit (LEO) satellite communication connectivity that will allow users to make calls and send messages without requiring cellular coverage, analyst Ming-Chi Kuo reportedly predicted in a note to investors. The next-generation iPhone lineup is said to have hardware ready to support communication via LEO satellites in areas
Elon Musk never shies away from interacting with his fans and critics alike on Twitter. From cryptocurrency and Tesla to rockets and SpaceX, the billionaire entrepreneur addresses all queries on the micro-blogging site — as much as he can. Not just that, he also comes up with quirky memes to stump users. On August 28,
Forget watercooler conspiracies or boardroom battles. There’s a new war in the office. As companies nudge their staff to return to communal workspaces, many workers don’t actually want to – more than 50 percent of employees would rather quit, according to research by EY. While HR teams worry over the hearts and minds of staff,
Very few events can shake the cryptocurrency markets in a sustainable manner that really sends Bitcoin and altcoin prices into a sharp directional move. One example is when Xi Jinping, China’s President, called for the development of blockchain technology throughout the country in October 2019. The unexpected news caused a 42% pump in Bitcoin (BTC),
The Ethereum (ETH) network continues to enjoy the status of being the top smart contract platform in the blockchain industry, but the competition is slowly gaining market share because high costs and network congestion are still challenges for the protocol. One project that has been gaining traction in the month of August is Fantom (FTM),
Although the cryptocurrency sector may still be considered the “Wild West” by some governments and regulators, continued adoption and emerging use cases show that digital currencies are here to stay. Some even argue that blockchain-based networks and decentralized finance, or DeFi, platforms may soon replace traditional financial systems. Yet despite ongoing progress, the crypto industry
There is an old proverb which says that history does not always repeat, but it tends to rhyme. If that holds true for Bitcoin (BTC), then a strong up-move may not happen in the month of September. Bybit data shows that since 2013, Bitcoin has closed September in the red for six years and has
Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the most anticipated changes was EIP-1559 which makes the crypto asset ether deflationary by burning a fraction of coins. Since August 5, over $432 million worth of ether has been burned,
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