JPMorgan said that according to a survey, majority of its clients expect bitcoin to trade at $60,000 or more by the end of this year.The Wall Street giant said in a note published last week that 55% of the clients surveyed see bitcoin reaching the $60,000 barrier.According to the survey, 41% of the bank’s clients see bitcoin trading at $60,000 at year-end, 9% see it crossing … [Read more...] about Majority of JPMorgan Clients Expect Bitcoin to Trade at $60K or More by Year-End
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Russia’s Tinkoff Banking Group Buys Majority Stake in Swiss Crypto Startup Aximetria
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about Russia’s Tinkoff Banking Group Buys Majority Stake in Swiss Crypto Startup Aximetria
Binance CEO CZ Says He Plans to Give Away Vast Majority of His Wealth
Binance CEO Changpeng “CZ” Zhao says he plans to give away up to 99% of his wealth, according to an interview he gave to the Associated Press that was published on Wednesday. The head of the world’s largest cryptocurrency exchange also said he doesn’t “get” Dogecoin. Source link … [Read more...] about Binance CEO CZ Says He Plans to Give Away Vast Majority of His Wealth
Two firms account for the majority of Tether received: Report
Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry's primary crutch during the last seven years, according to a new report. Essentially, USDT is a bridge between traditional currencies like the U.S. dollar and decentralized digital currencies operating on open blockchain networks.Independent crypto outlet Protos provided an in-depth … [Read more...] about Two firms account for the majority of Tether received: Report
Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange
Bitkub, which is licensed by Thailand’s Securities and Exchange Commission (SEC), has reported trading volume of over $30 billion from January to September 2021, making it comfortably the country’s largest crypto exchange, with a market share of over 90%. Source link … [Read more...] about Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange