Day: March 17, 2021

Top Bitcoin Quant Analyst Says Fresh USD Is Needed For New Highs

boss

Bitcoin price is still plummeting from a rejection at new highs set this weekend, and struggling to maintain support at former resistance levels. On the way down, the buying pressure has been far less than it was on the way up, which has one top cryptocurrency quant analyst warning that fresh USD capital is necessary for new highs. Here’s what it might take for the leading cryptocurrency by market cap to make a full recovery and move beyond $60,000, according to key fundamental factors. Fresh USD Inflows To Spot Exchanges…

NFTPs hitting bottom? Charmin joins in on the latest crypto craze

boss

The non-fungible token market isn’t limited to digital sports collectibles and art connoisseurs — big brand names are getting in on the action too. Toilet paper manufacturer Charmin listed five different versions of its non-fungible toilet paper, or NFTP, for sale on Rarible’s marketplace today. The NFTPs feature decorated (as well as plain) toilet rolls, and include images of the brand’s family of bear mascots. Charmin said all proceeds from the NFT sales will go towards the non-profit organization Direct Relief, which provides resources to medical professionals in disaster-affected areas.…

Alchemix raises $3.1M to build DeFi lending backed by future income

boss

New decentralized finance project Alchemix Finance has raised a strategic $3.1 million round from notable crypto investments funds and angels. The round was led by Spartan Capital, the investment arm of crypto consulting firm The Spartan Group. Delphi Ventures, Nascent, CMS Holdings, Maven 11, Genesis Block Ventures participated in the round as well. Several angel investors joined in as well, including Jason Choi, general partner at The Spartan Group. Alchemix also raised $4.9 million in an over-the-counter token sale deal led by CMS Holdings and Alameda Research. The Alchemix project…

Want to Mint and Sell an NFT? These Tools Can Give Anyone the Skills to Issue NFT Assets – Technology Bitcoin News

boss

Non-fungible token (NFT) assets have taken the world by storm, as popular NFT artists are making millions from their blockchain-backed designs, music, and collectibles. As the trend continues to become more popular by the day, swarms of people are wondering how they can create their own non-fungible token and sell it after minting the NFT. The following article is a comprehensive list of tools that can help anyone get started minting NFTs and then selling them on an open marketplace. NFT Hype Swells to New Levels You’ve probably heard the…

Will VeChain be added to Coinbase?

boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 00:00 – Will VeChain be added to Coinbase? 00:38 – Is VeChain built on ethereum? 01:10 – Is VeChain a good investment 2020? 01:43 – Is VeChain a good investment? Laura S. Harris (2021, February 4.) Will VeChain be added to Coinbase? AskAbout.video/articles/Will-VeChain-be-added-to-Coinbase-217806 ———- Our mission is informing people correctly. This video was also made on the basis of these guidelines. In order to fully present the topic, it may be necessary in some cases to include details that may be objectionable…

Price analysis 3/17: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH

boss

Select altcoins could move toward new highs if Bitcoin price continues to trade in a tightening range. Institutional investors have continued to pump money into cryptocurrency investment products in Q1 of this year, according to a report by CoinShares. The inflows of $4.2 billion in the first quarter have broken the previous record of $3.9 billion made in the fourth quarter of 2020. NYDIG CEO Robby Gutmann recently told listeners of the “On the Brink” podcast to brace for a slew of announcements by the firm’s strategic partners. Gutmann said…

Morgan Stanley introduces Bitcoin investing for millionaire clients

boss

Institutional banking powerhouse Morgan Stanley seems to have given Bitcoin its nod of approval. Based on fresh intel via an “internal memo”, as reported on by CNBC, Morgan Stanley will give clients access to Bitcoin (BTC) investing, though only under specific conditions.  “The investment bank, a giant in wealth management with $4 trillion in client assets, told its financial advisors Wednesday in an internal memo that it is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter,” CNBC reported on…

Morgan Stanley to offer Bitcoin access via 3 funds

boss

CNBC has learned that bank giant Morgan Stanley will offer its client access to Bitcoin. According to an internal memo by the banking institution, crypto firm Galaxy Digital and FS NYDIG will enable the product. NYDIG is proud to partner with Morgan Stanley, the first US bank to offer access to #Bitcoin for their wealth management clients. https://t.co/Xq9ZjQ2yjn — NYDIG (@NYDIG_BTC) March 17, 2021 With over $4 trillion in assets under management, Morgan Stanley has become the first major U.S. bank to launch a product to grant its client exposure…

Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC

boss

San Francisco-based crypto exchange Kraken has not yet confirmed that it will follow in Coinbase’s footsteps by pursuing a public listing, though the company did rule out the possibility of doing so via a special-purpose acquisition company. In a written statement to Cointelegraph, Kraken said it would pursue a direct listing in the event the exchange decided to go public in the United States. This follows speculative reporting from Fox Business’ Charles Gasparino, who yesterday claimed that Kraken was considering “going public possibly through a SPAC or IPO.” “If Kraken…

"Bitcoin Should Hit $400,000 Per Coin” – Guggenheim Partners + BlackRock on Cryptocurrency in 2021

boss

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Guggenheim Partners to invest 10% of its $5.3 billion Macro Opportunities Fund into Bitcoin. Let’s discuss cryptocurrency in 2021! Get a $250 Sign Up Bonus: Altcoin Daily, the best cryptocurrency news media online! How I Would Invest $1000 in Cryptocurrency in 2020 Blockfi is a channel sponsor: A payment was made in USD for a certain amount of mentions on the channel Follow us on Twitter: Follow me [Austin] on Instagram here: TimeStamps: 00:00 Intro 00:21 Guggenheim Partners on Bitcoin 03:31 BlackRock…