Category: Blockchain

Altshuler Shaham, the largest pension firm in Israel, has doubled its money after investing $100 million into the shares of Grayscale Bitcoin Trust (GBTC). According to Israel’s Globes publication, Altshuler Shaham investment house bought GBTC shares at the end of 2020 when Bitcoin was trading around $21,000. Gilad Altshuler, the co-founder and co-CEO of Altshuler

Maker, Compound, and Aave, the three largest lending decentralized financial platforms running on the Ethereum blockchain, have dropped in value in the past 24 hours, with a decrease of 3.35%, 3,75%, and 6.34% respectively. Maker (MKR) Price Analysis At the time of writing, Maker decreased by over 5.39% in the last 24 hours and had

A crypto bill suggesting that certain cryptocurrencies should be exempted from securities laws has been reintroduced to the US Congress for review. The bill was first introduced in 2018 by Representative Warren Davidson (R-Ohio), who is the official sponsor of the proposed regulatory measure.  Dubbed the Token Taxonomy Act, the proposal is also sponsored by

Goldman Sachs Group Inc. is examining how it can meet increasing client demand to own and invest in Bitcoin, while still staying on the right side of the law. In a Wolfe Virtual Fintech forum event, Goldman Sachs bank president and chief operating officer (COO), John Waldron, said: “Client demand is rising. We are regulated

Gary Gensler, who has been tapped by President Joe Biden to lead the Securities and Exchange Commission (SEC) as chairman, is awaiting the Senate floor’s final vote. The Senate Banking Committee has voted 14-10 in favour of sending Gensler’s nomination to the Senate floor for confirmation. Although an exact date for the Senate floor’s final

As Ethereum (ETH) edges closer to its all-time high (ATH) price of $2,000, the second-largest cryptocurrency based on market capitalization is continuously experiencing growth on its network. ETH has been up by 17.75% in the past week to trade at $1,792, according to CoinMarketCap. Ryan Watkins, a researcher at MessariCrypto, believes that the numerous stablecoin

JPMorgan has filed a request with the Securities and Exchange Commission to approve a debt instrument linked to 11 firms that have all invested in Bitcoin and other cryptocurrencies. The debt instrument will enable investors to have direct exposure to a basket of cryptocurrency-focused firms. 68% of the “Basket” will be made up of MicroStrategy,

As Bitcoin has soared in the past week and has touched the psychological barrier of $55K today, most virtual currencies have risen as well. Despite the crypto market being generally bullish at the moment, altcoins have differed in their performances. Cardano (ADA) and NEM (XEM) for example, have had completely different trajectories. Cardano, with a

Bitcoin (BTC) has renewed speculations from analysts that it could retest its all-high price (ATH) of $58,300 set last month – after it surged to the $55,600 level in the past few days. It has, however, retraced to $54,673 at the time of writing, according to CoinMarketCap.  Veteran crypto analyst Michael van de Poppe believes

The Binance Smart Chain (BSC), a high-performance blockchain with an emphasis on smart contract programmability, has reportedly surpassed the Ethereum Blockchain in terms of the number of unique active wallets and transaction volumes recorded. The embrace of the Binance Smart Chain stems from the yet-to-be-resolved high gas fees of the Ethereum network, the bedrock of the