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Financial News

Cardano’s Hoskinson says Bitcoin’s quantum fix can’t save Satoshi Nakamoto’s BTC

Cardano’s Hoskinson says Bitcoin’s quantum fix can’t save Satoshi Nakamoto’s BTC

2 months ago by Crypto InsightsCrypto

Bitcoin’s core developers earlier this week proposed freezing 8 million coins to defend against quantum attackers. But Cardano founder Charles Hoskinson believes it still can’t save coins belonging to the network’s pseudonymous creator Satoshi Nakamoto, per a video posted to his YouTube channel late Wednesday.… Read More

Asset manager L&G brings its $68 billion money market funds onchain via Calastone

Asset manager L&G brings its $68 billion money market funds onchain via Calastone

2 months ago by Crypto InsightsCrypto

Legal & General Asset Management announced Wednesday that it placed the more than 50 billion pounds (roughly $68 million) in liquidity funds that it manages onchain through a new distribution channel built by Calastone. “We are thrilled to make our liquidity funds available on the… Read More

BTC gyrations likely to calm as Goldman, BlackRock’s explore income ETFs: Crypto Daily

BTC gyrations likely to calm as Goldman, BlackRock’s explore income ETFs: Crypto Daily

2 months ago by Crypto InsightsCrypto

Investors who thrive on bitcoin’s BTC$74,240.86 wild price swings may be in for disappointment. Major banks are preparing to introduce new products that could dampen volatility in a market that has already become significantly calmer in recent years. Most recently, Goldman Sachs filed an application… Read More

What next for Ripple-linked token after Rakuten begins payments

What next for Ripple-linked token after Rakuten begins payments

2 months ago by Crypto InsightsCrypto

XRP is pushing higher again, with volume confirming the move, but it still has to prove this is more than a short-term breakout. The rally is holding for now, and the addition of real-world usage through Rakuten gives it a stronger narrative than recent moves.… Read More

BTC pulls back after breakout attempt, but larger move could be in store

BTC pulls back after breakout attempt, but larger move could be in store

2 months ago by Crypto InsightsCrypto

Bitcoin BTC$74,069.82 started the day with a promising chance for a breakout, but the rally fizzled out at a familiar brick wall that has kept a lid on prices for more than two months. After briefly topping $76,000 — a key resistance level — the… Read More

Goldman Sachs files for bitcoin income ETF in crypto push

Goldman Sachs files for bitcoin income ETF in crypto push

2 months ago by Crypto InsightsCrypto

Goldman Sachs filed an application for a Bitcoin Premium Income exchange-traded fund (ETF) on Monday, marking one of the bank’s first direct pushes into the cryptocurrency investment space. The proposed fund would give investors exposure to bitcoin BTC$74,874.04 while generating income through a premium-based strategy.… Read More

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