Day: October 30, 2024

Algoz taps Wincent to streamline its fiat-to-crypto onboarding process

Digital asset investment firm Algoz has announced a strategic collaboration with regulated market maker and top over-the-counter desk Wincent. Algoz shared details of the new partnership via a press release sent to crypto.news on Oct. 30. This announcement follows Algoz’s recent collaboration with Standard Chartered-backed Zodia Custody. According to the announcement, Algoz will leverage its partnership with Wincent to facilitate the onboarding of new investors. Through this collaboration, investors such as family offices seeking to enter the crypto market via Algoz will not need to convert fiat currencies to crypto…

Crypto Analyst Says Bitcoin Price Is Approaching Strongest Part Of The Bull Run, Here’s The Target

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Este artículo también está disponible en español. Crypto analyst Tony Severino has said that the Bitcoin price is approaching the strongest part of the bull run. Based on his analysis, Tony provided insights into how high the flagship crypto could rise as it approaches its peak in this market cycle.  Bitcoin Price Target For Strongest Part Of This Bull Run Tony revealed in an X post that the Bitcoin price could reach a market top of $133,000 in this bull run. He explained that the BTC 2-month Relative Strength Index…

Ether Price (ETH) Could be Primed to Rise Relative to Bitcoin (BTC)

Ether itself has remained in the same trading range since early August, with the current level of $2,700 providing two firm rejections on Sep. 27 and Oct. 21. During that period bitcoin surged from below $60,000, yesterday testing its record high from March of just shy of $73,800. Ether remains about $2,000 below its record high set all the way back in November 2021. Source

Ethereum’s Market Conundrum—ETH Slips Further Behind as Bitcoin Shines

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This week, bitcoin (BTC) is enjoying an 8.5% lift against the U.S. dollar, while ethereum (ETH), the second-largest digital currency, remains relatively quiet by comparison. Bitcoin and Ethereum: One’s Soaring While the Other’s Struggling It’s an exciting time in crypto. BTC came close to breaking its all-time high of $73,794, nearly hitting $73,600 per coin […] Original

How Public Blockchains Will Catalyze Institutional DeFi Adoption

Emerging regulatory frameworks, such as the EU’s Markets in Crypto-Assets (MiCA) and Singapore’s Payment Services Act (PSA), are providing much-needed clarity. Historically, private blockchains have been the go-to choice for institutions, serving as secure and compliance-friendly sandboxes. However, their restricted and siloed nature limits participation, leading to low liquidity, inefficient price discovery, and volatility for otherwise stable assets. With increased regulatory clarity, decentralized blockchains, like Ethereum or Solana, will likely become the favored path for institutions. Source

Bitcoin Breaks $73,000 Barrier, Eyes New Record High

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Este artículo también está disponible en español. Bitcoin’s bullish trend continues for another day, breaking the $73,000 barrier, as several market conditions seem to favor the world’s biggest cryptocurrency. According to data, Bitcoin jumped by 6% to hit $73,544 late Tuesday, its highest market price since March 14th. With this latest price surge, Bitcoin’s October gain is up by 13%, better than the top performers in the S&P with an average 1% increase. Related Reading Aside from Bitcoin, other top digital assets showed strengths, with Ethereum surging by 4% and…