Swiss Sygnum Bank to offer custody for Internet Computer tokenSwitzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens.

Sygnum announced on Tuesday that ICP holders will be able to deposit their tokens with the bank’s institutional-grade segregated wallets. The firm said t…[Read more]

Bitcoin doesn’t use more energy than the banking or gold industries, Galaxy Digital analysisAmid rising concerns over Bitcoin energy consumption, Galaxy Digital has published a report suggesting that the leading cryptocurrency consumes less energy than the banking and gold industries.

Back in February, BTC PEERS published an article analyzing t…[Read more]

Bank of America Joins Paxos Blockchain Stock-Settlement NetworkBank of America Corporation (NYSE:BAC) joins the network made by Paxos Trust Company.
The move will allow Bank of America to settle stock trades within minutes.
This will be made possible due to the implementation of blockchain technology.
Wall Street is slowly, but surely adopting…[Read more]

Chinese trade associations sound crypto investment warningThe China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about the risks of investing in cryptocurrencies.

According to a report by Shanghai Securities News on Tuesday, the…[Read more]

Bitcoin (BTC) Will Bounce Back Says 5 Analysts5 analysts’ view on whether Bitcoin will bounce back.
Analyst Button made a clear view that BTC is not the currency of the future.
The current losses are a small growing pain in the crypto industry.
Bitcoin (BTC) price dropped over 30% in a week from $59.3k to $41.9k, according to CoinGecko. This p…[Read more]

BlockSwap Network Partners With Algorand To Bring AlgoSaver SolutionBlockSwap Network partners with Algorand.
This collaboration helps both teams bring forward the AlgoSaver solution.
BlockSwap Network partners with Algorand. This collaboration helps both teams bring forward the AlgoSaver solution. However, the significant milestone to be…[Read more]

Buyers beware as “altcoin” frenzy bruises bitcoinLONDON (Reuters) – Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading – but few of the investors fuelling their rise seem bothered.

Among the major “altcoins” – as all…[Read more]

In time, money without integrity is worthless. #Bitcoinhttps://t.co/1VSl9gBGQ4

— Michael Saylor⚡️ (@saylor) May 18, 2021

MicroStrategy has purchased an additional 229 bitcoins for $10.0 million in cash at an average price of ~$43,663 per #bitcoin. As of 5/18/2021, we #hodl ~92,079 bitcoins acquired for ~$2.251 billion at an average price of ~24,450 per bitcoin. $MSTRhttps://t.co/fU6LN4WbKI

— Michael Saylor⚡️ (@saylor) May 18, 2021

My morning forecast today #Bitcoin

Level for buy 🎯DONE

🟢All my forecasts for intraday and swing trading ✌️

1 trade 3-5% from deposit ( spot market)

❗️I do not recommend trading with leverage

❗️RISK TRADE❗️Me and my subscribers in the VIP chat are trading with leverage pic.twitter.com/krXNo6UQJx

— Chris (@ChrisBTCbull) May 18, 2021

"Of course, I hate the #Bitcoin success and I don’t welcome a currency that’s useful" – Charlie Munger https://t.co/AKEt3pbg4n

Relative to $BTC, over the past five years $BRK/A has been in a massive decline is keeps following to new lows. pic.twitter.com/cKFl4E3Ovr

— Bitcoin (@Bitcoin) May 3, 2021

Bitcoin is coming to hundreds of U.S. banks this year, says crypto custody firm NYDIG https://t.co/bwzsRBY8c1

— CNBC (@CNBC) May 5, 2021

Litecoin Climbs 12% As Investors Gain ConfidenceInvesting.com – Litecoin was trading at $302.894 by 23:42 (03:42 GMT) on the Investing.com Index on Tuesday, up 12.23% on the day. It was the largest one-day percentage gain since May 5.

The move upwards pushed Litecoin’s market cap up to $20.351B, or 0.98% of the total cryptocurrency market cap. At…[Read more]

Pomp Tells CNN Anchor the Reason for Elon Musk’s Recent Attack on BitcoinLast week, crypto investor Anthony Pompliano (aka “Pomp”), who is a co-founder of Morgan Creek Digital as well as the host of The Pomp Podcast, discussed with CNN anchor Julia Chatterley Tesla CEO Elon Musk’s criticism of Bitcoin mining’s use of non-renewable energy. A…[Read more]

Can Cardano supplant Ethereum?Ethereum has seen a majestic rise up the chart over the last few weeks to a high of nearly $4400. A recent dip notwithstanding, all looks rosy for the number two ranked cryptocurrency. However, there are a few sizeable obstacles in the way. Could Cardano continue its own meteoric rise and take a big market share…[Read more]

EY invests $100 million to expand blockchain product suite, launches DeFi contract simulator“Big Four” accounting firm, Ernst & Young Global Limited, or EY, is continuing to invest heavily in blockchain, investing $100 million into engineering and developing distributed ledger technologies for a range of enterprise applications.

On May 17, EY rev…[Read more]

Ripple’s Director of Developer Relations on RippleNet, ODL, $XRP, and $XLMRecently, Matt Hamilton, Director of Developer Relations at FinTech firm Ripple, took the time to address some of the common misconceptions regarding the formation of Ripple, payment network RippleNet, On-Demand Liquidity (ODL), and digit asset XRP. He also explained the r…[Read more]

1.1M noobs panic sell, but Bitcoin hodlers DGAFWhile new entrants to Bitcoin markets have been panic selling at a loss, the recent market slide has not vexed the old hands.

Heavy selling in response to hints from Elon Musk that Tesla (NASDAQ:TSLA) may soon sell its BTC stash saw Bitcoin prices tumble to their lowest levels in 20 weeks as the…[Read more]

Need to Know: Bitcoin at $250,000 in a year? This ‘rocket fuel’ will help it get there, says former Goldman Sachs alumRaoul Pal tells bitcoin investors that current volatility is to be expected, but big things are around the corner.

Institutions dump BTC as volume soars for Ether fundsCoinShares’ weekly Digital Asset Fund Flows report has revealed last week saw the largest Bitcoin in the report’s history as Elon Musk’s Twitter account again wreaked havoc in the crypto markets.

The May 17 report notes $98 million exited Bitcoin investment products last week, equating to 0.2%…[Read more]