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JPMorgan Does an About Face, Turns Bullish on Bitcoin

Wall Street bank JPMorgan has surprisingly turned bullish on bitcoin’s medium to long-term growth potential. In its latest Flows & Liquidity report, JPMorgan reportedly stated that bitcoin will compete favorably with gold as an alternative currency in the coming years, as millennials take up a larger share of the total investment picture. дальше »

2020-10-24 21:00


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Institutional Frenzy: Grayscale Brought In An Additional $300 Million Into Its AUM In Just 24 Hours

Grayscale, a digital currency asset manager that predominantly gives institutional investors exposure to cryptocurrencies, recently recorded a blockbuster day. The company’s CEO Barry Silbert revealed in a tweet on October 22 that it had added a staggering $300 million to the total assets it manages in just one day. This saw its assets under management […] дальше »

2020-10-24 19:29


How DeFi Should Evolve to Become Global Financial System

The decentralized finance (DeFi) sector has experienced massive growth in the past few months, and the total value locked in DeFi now stays around the $10 billion benchmark, a true milestone. It is also safe to say that there’s room for DeFi to grow even more, as the TVL reached more than $11 billion at […] The post How DeFi Should Evolve to Become Global Financial System appeared first on BeInCrypto. дальше »

2020-10-23 16:51


Trail of Destruction: Bitcoin’s $13,000 Rally Liquidated $360m in Short Positions

Bitcoin’s price has stabilized at just below $13,000 following its immense surge seen yesterday The cryptocurrency has been flashing continued signs of strength as of late, and its ability to maintain its recent gains is decisively bullish While looking back on the aftermath of yesterday’s move, its magnitude and influence over the market grows clear According to one data platform, a total of $360 million in BTC short positions were liquidated throughout the course of […] дальше »

2020-10-23 21:00


Always On: Bitcoin To Surpass S&P 500 Trading Time Within Two Years

Recently, the discussion around Bitcoin “maturing” and becoming a respected mainstream asset, has prompted comparisons to the stock market, gold, currencies, commodities, and more. One notable difference between the stock market and Bitcoin is that the crypto market is always on, and because this exists, the leading cryptocurrency by market cap will have traded more hours than the S&P 500 since its debut in the 1950s. дальше »

2020-10-20 18:00


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Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%

The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175. 7 billion to $330. 6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi) hype and yield farming frenzy that peaked in August. дальше »

2020-10-11 10:30


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Trust Wallet Burns 89 Billion TWT – Migrates to Binance Smart Chain to Enhance its Ecosystem

Trust Wallet announced that they have completed the burning of 89 billion TWT tokens to reduce the total supply from 90 billion TWT to 1 billion TWT and avail the token on the Binance Smart Chain. The move is expected to enable TWT to leverage the strength of the growing Binance ecosystem, to unlock various […] дальше »

2020-10-7 22:29