With the rise of altcoins and stablecoins, the value of ETH only comprises 51% of its blockchain according to the CEO of Messari. According to Ryan Selkis who is the CEO of Messari, a crypto analytics firm, the aggregate value of all ERC-20 tokens has increased drastically to $25.6 billion, and now accounts for 49% […]
Category: STO News
Grayscale CEO says Bitcoin ban is impossible
In an investor call for July 2020, Grayscale CEO expressed its certainty of the inability of regulators to ban Bitcoin as a result of the increasing support from citizens, investors, and policymakers. Bitcoin is the result of a decentralized blockchain network and it would be difficult to ban it directly. It could be regulated by […]
Acorns CEO: New ‘Acorns Early’ Can Turn $5 Into Five Figures
Besides investing with the intention of making a profit for themselves, many individuals are also interested in investing for the purpose of making a profit for their children. According to a July 16, 2020 report, this can now be made much easier with popular micro-savings app, Acorns. The company’s CEO, Noah Kerner, has announced a […]
Trezor Model One Review – A Secure Bitcoin (Crypto) Hardware Wallet
Trezor is one of the most trusted companies in the world when it comes bitcoin hardware wallets. Their most popular product is the Trezor Model One which is an affordable hardware wallet with state of the art security. (If budget is not a consideration we do recommend you opt for the Trezor Model T which […]
Wealthsimple Launches Crypto Trading with Unlimited, Commission-Free Trades
One of the key indications of the growing popularity of cryptocurrency is the increased accessibility of crypto trading resources. This is now evident in Wealthsimple, a Canadian financial services company, that will launch cryptocurrency trading. According to a July 17, 2020 report, the company will be launching a new feature dubbed Wealthsimple Crypto. Wealthsimple to […]
Standard Chartered To Launch Crypto Custodial Services for Institutions in 2020
Standard Chartered Bank announces plans to launch institutional-grade crypto custody through its venture capital and investment firm, S.C. Ventures. Speaking to CoinDesk, Alex Manson, the head of S.C. Ventures confirmed the firm is looking into launching a solution to allow institutional players to adopt digital assets such as Bitcoin. Manson terms the solution as the […]
Binance Data Corroborates that “It’s Very Much an Altcoin Season” as Bitcoin Remains Stable
Bitcoin hasn’t moved for nearly a month now. The world’s leading cryptocurrency is continuing its sideways trend, oscillating in a narrow range as its one-month realized volatility reached a 15-month low. Meanwhile, implied volatility that measures the market’s expectation of future volatility has picked up a bit in the last couple of days, indicating market […]
Is DeFi a Ticking Time Bomb Just Waiting to Explode?
DeFi is a hot space with a lot of activity going on, so much, so the total value locked in its projects has reached a new high of $3.09 billion, as per DeBank’s data. Maker and Compound are currently leading with more than $600 million in locked value. The market, however, is not really positive […]
Ethereum skyrockets due to DeFi and new stacking feature
With the rise of Decentralized Finance in the crypto world, Ethereum has been experiencing a transaction volume reminiscent of 2018’s boom. 2018 saw Ethereum reach a record high in value and number of transactions as a result of the Initial Coin Offering (ICO) boom that year. As Ethereum’s 2.0 launch approaches, many investors are preparing […]
Bitcoin dominance index cut to 5-month low
Bitcoin’s dominance index has dropped to 61.9%, the lowest level since February even as altcoins see increased attention from the market. The price of Bitcoin has failed to climb out of a very tight range since a violent rejection at $10,400 sent prices to lows of $9,000. The past several weeks have seen bulls eye […]
