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Archiv für Juli 2020

Goldman Chief That Slammed Bitcoin Says Gold Has No Role For Clients

Months ago, Goldman Sachs made headlines across the Bitcoin community for saying cryptocurrencies are “not an asset class.” Now, the same Goldman exec that led the firm to that conclusion is also claiming that gold has “no role” in the portfolio of the wealthy. How does the investment chief’s criticisms of the precious metal stack…


Goldman Manager Rejects Bitcoin’s Most Bullish Narrative To Date

Bitcoin over the last two weeks surged higher on fears of inflation caused by the Federal Reserve’s easing policies. The rally also appeared as the US dollar fell to its lowest level since 2018. Observers within the crypto sector noted that Bitcoin is rising out of the fears of dollar debasement. Meanwhile, a top Goldman…


Neutrino USD (USDN) Offers a Safer Alternative to Tether

As the market capitalization of USDT and USDC keeps rising, recent asset freezes underline their inherent risks. Will these incidents cause more investors to turn to decentralized stablecoins, such as DAI and the stakable USDN? Since the start of June, Tether’s market cap has grown by 13%, and that of USDC Coin has finally crossed…


Bitcoin is Going to Hit $13,500 This Quarter; Analyst Explains Why

Bitcoin may continue its current bull run to hit $13,500 this quarter, according to a technical setup presented by analyst Vince Prince. The TradingView contributor showed the cryptocurrency inside a rising bull flag – an ascending channel pattern, stating it has the strength to break above it. Catalysts that further supported the upside bias included…


Elrond Now Live on Mainnet with First App and New ERD Token Model

Elrond, the scalable blockchain that received an early endorsement from Binance, has today launched on mainnet. The project has also announced the launch of Maiar, a user-centric decentralized finance application, along with a new tokenomic model designed to create increased demand and drive value for the ERD token. Elrond concluded a successful IEO via Binance’s…


eToro Announces Acquisition To Support Debit Card Launch

Global investment platform eToro today announces the acquisition of Marq Millions Ltd, the UK based e-money business. Marq Millions is now trading as eToro Money and will be the card issuer for eToro’s forthcoming debit card. Commenting on the acquisition, co-founder and CEO of eToro, Yoni Assia said: “We are proud to announce the acquisition…