After starting with Bitcoin, $4.5 trillion asset manager Fidelity is now turning to Ethereum. “Institutional Ethereum capabilities are coming to the Fidelity Digital Assets platform on October 28, 2022,” Fidelity Digital Assets said in an email sent to its clients. The offering will only be available for Fidelity’s existing institutional clients who already trade or custody Bitcoin, which the firm provided…
In a recent study published by José Simeón Cañas Central American University in El Salvador, 77.1% of respondents say that they want the Salvadoran government to stop “spending public money on Bitcoin.” Moreover, only 24.4% of respondents say they’ve used Bitcoin (BTC) as a means of payment since the country’s government recognized it as legal tender last year. The survey, conducted by…
Rarible, the Ethereum-based nonfungible token (NFT) marketplace, announced its platform upgrade to Rarible 2 on Oct. 20. The NFT marketplace says it is introducing new aggregation tools in order to showcase NFTs from across the Web3 space. This means users can browse and purchase Ethereum-based digital assets from Rarible, OpenSea, LooksRare, X2Y2 and Sudoswap. Alex Salnikov, chief strategy officer and…
Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin range “congested and critical” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD firmly rangebound at around $19,000 overnight, moving only around $400 up or down. United States equities opened with no significant volatility,…
On Thursday, developers of popular decentralized exchange, or DEX, PancakeSwap proposed to deploy its mainnet on layer-one blockchain Aptos. Currently, PancakeSwap is based on BNB Chain and processes about $47 million worth of trading volume each day. However, its developers have introduced the DEX’s first multichain migration proposal after the launch of Aptos on October 17, writing: “Aptos is a…
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive research post on Wednesday called “Walking Dead U.S. Dollar,” warning that “we are rushing headlong into…
In brief DraftKings, NFT project Deadfellaz, and the NFL Players Association have teamed up for a collaboration. Cards that show NFL players turned into Deadfellaz characters will be released via DraftKings’ NFT-based fantasy football platform. With Halloween nearing, fantasy sports platform DraftKings announced today that it has partnered with Ethereum NFT project Deadfellaz and the NFL Players Association (NFLPA) to…
On this week’s episode of Market Talks, we welcome Muneeb Ali, co-founder of Stacks — a Bitcoin layer for smart contracts — and the CEO of Trust Machines, which is building the largest ecosystem of applications for Bitcoin and their underlying technologies. Ali has been working on internet protocols and distributed systems for over 15 years and received his Ph.D.…
In brief NFT marketplace Rarible is now indexing listings from four other Ethereum marketplaces. It will also award new RARI token rewards in a model that minimizes the risk of wash trading and incentives paying creator royalties. NFT marketplace Rarible announced today that it has launched a suite of new features in a package it’s calling Rarible 2. It’s not…
Hodlonaut, a pseudonymous Bitcoiner, has won a court case for defamation against Craig Wright who claimed to be Satoshi Nakamoto in a Norwegian court, per a translated transcript sent to Bitcoin Magazine. While this case did not seek a definitive answer to the question of legitimacy to Wright’s claims, the judge did need to ascertain the likelihood of the possibility…
