DBS Private Bank Launches Asia’s First Bank-Backed Crypto TrustDBS Private Bank launched a bank-backed crypto trust offering
This is the first bank-backed crypto trust launched in Asia
The service will handle Bitcoin, Ether, Bitcoin Cash, and XRP
Singapore-based banking firm DBS Private Bank launched the first bank-backed cryptocurrency trust o…[Read more]

New Australian Islamic finance DeFi platform is ‘guided by Sharia’A team based out of Sydney is building what it claims is the world’s first “Shariah-guided” decentralized finance platform to navigate a course between the advantages of DeFi and the beliefs of Islamic finance.

The Marhaba Decentralized Financial Platform (marhaba means “welcome”…[Read more]

Traditional finance has much to learn from new entrant DeFiIncumbents in traditional capital markets, as well as new entrants looking to capture market share, should heed the innovations within the crypto ecosystem collectively known as decentralized finance, or DeFi. These innovations present a model for the direction that traditional capital…[Read more]

Formula One Team AlphaTauri and Fantom Partner for F1 2021Italian Formula One team Alpha Tauri and Fantom partnership announced.
The team will support Fantom’s logos for its upcoming Grand Prixs in 2021.
Fantom’s eco-friendly appeal brought the two companies together.
Smart contracts platform Fantom and Italian Formula One team AlphaTauri are par…[Read more]

Early crypto pioneer slams Elon Musk’s ‘hypocrisy’ on Bitcoin paymentsThe founder of one of the first physical cryptocurrency exchanges has slammed what he perceives as hypocrisy on the part of Elon Musk after the Tesla (NASDAQ:TSLA) CEO announced the electric car firm would stop accepting Bitcoin (BTC) as a form of payment.

The charges of hypoc…[Read more]

Singapore’s biggest bank launches crypto trust solutionDBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets.

After setting up its own crypto exchange in December 2020, the Singaporean banking giant is now expanding its crypto services via i…[Read more]

‘Fear’ grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020Bitcoin (BTC) and altcoin traders are more nervous than any time in over a year as a classic sentiment gauge signals “fear” is driving the market.

According to the , cryptocurrency traders have not had such cold feet about the market climate since April 2020.…[Read more]

Square not revisiting its Bitcoin allocation, but still interested in the assetOver the course of 2020 and 2021, Square bought over $200 million worth of Bitcoin. At present, the payments company does not anticipate picking up more of the asset, according to its chief financial officer, Amrita Ahuja.

In an interview with Financial News, reported…[Read more]

IRS beams investigative light on BinanceAccording to a Bloomberg report, Binance Holdings is under investigation by the US Justice Department and Internal Revenue Service over money laundering and tax evasion concerns.

The news broke yesterday, sending the entire cryptocurrency market into a downward spiral. Bloomberg’s report came shortly a…[Read more]

Ether Could Usurp Bitcoin as Most Valuable Crypto by Year End: ExpertInvesting.com – Ether is up more than four-fold since the start of the year, and it won’t be long before it usurps bitcoin as the most valuable cryptocurrency in a “flippening” event that some say could come as soon as the end of the year, or early 2022.

ETH/USD rose 13% to $…[Read more]

Chance of a price crash increases as Cardano (ADA) futures near $1BThe impressive 816% gain of Cardano’s ADA coin in 2021 catapulted the smart contract platform’s market capitalization to $61 billion. To fully grasp how far this third-generation protocol has gone, the absolute leader, Ether (ETH), held the same valuation just six months ago.

As…[Read more]

Price analysis 5/14: BTC, ETH, BNB, DOGE, ADA, XRP, DOT, BCH, LTC, UNIThe Crypto Fear and Greed Index has dipped to levels not seen since April 2020, indicating that traders are nervous about Tesla (NASDAQ:TSLA) backtracking on accepting Bitcoin (BTC) payments, Bitcoin’s multi-week technical weakness and U.S. regulator’s supposed investigation…[Read more]

MicroStrategy has continued to walk the talk, constantly reaffirming its confidence in Bitcoin. The business intelligence firm spent another $15 million on Bitcoin on Thursday.

CEO Michael Saylor disclosed the $15 million purchase on Twitter. MicroStrategy added another 217 Bitcoin to its strategic reserves at an average price of $55,387. In…[Read more]

Elon Musk shifts crypto romance to DOGE after withdrawing support for BitcoinOn Wednesday night Tesla’s CEO Elon Musk shocked the entire crypto community when he announced that his electric-car company was no longer going to accept Bitcoin payments amid energy concerns. The news sent the price of Bitcoin and other top cryptocurrencies crashing, w…[Read more]

Kusama (KSM) price hits new highs as parachain auctions begin to take shapeMajor protocol upgrades are one of the most potent sources of price movement for cryptocurrency projects as community members and investors get excited about new features and traders rush in to “buy the rumor and sell the news”.

One protocol that has seen its price ris…[Read more]

Bitcoin Price Prediction: BTC/USD May See Further Downside to $45,000Bitcoin Price Prediction – May 15 The Bitcoin price faces some immense selling pressure in the past few days, with the resistance finds within the […]

Most Investors Will Miss Massive Ethereum Price Rally, Crypto Analyst Ben Cowen WarnsPopular crypto quant analyst Benjamin Cowen says the majority of investors will miss out on Ethereum’s massive price gains by predicting a correction will happen in the short term.

Green energy tokens capitalize on Tesla’s decision to nix Bitcoin paymentsAfter months of touting the benefits of Bitcoin (BTC) and blockchain technology, Tesla (NASDAQ:TSLA) CEO Elon Musk shocked Crypto Twitter on Wednesday by announcing that the electric car company would suspend its accepting BTC as a form of payment, citing concerns related t…[Read more]

Cardano Climbs 10% As Investors Gain ConfidenceInvesting.com – Cardano was trading at $2.082325 by 22:08 (02:08 GMT) on the Investing.com Index on Saturday, up 10.02% on the day. It was the largest one-day percentage gain since May 13.

The move upwards pushed Cardano’s market cap up to $65.813823B, or 2.80% of the total cryptocurrency market cap.…[Read more]

Shanghai Man: Aping out of gorilla token, digital dollar Biden its time… and moreThis weekly roundup of news from Mainland China, Taiwan and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape and enterprise blockchain integrations.

Memecoin culture clash
Feed E…[Read more]