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It has been another strong week in the crypto market with Bitcoin, Ethereum and many other crypto's hitting new all-time highs. Big names have started entering the market, led by Tesla. BNY Mellon, Mastercard and even Jay-Z have entered the space in one way or another. Is there a race brewing between Bitcoin and Yearn Finance on who will hit $100,000 first?
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As the demand for Bitcoin surges among retail and institutional investors. Banks such as JPMorgan are feeling the pressure from Wall Street to begin accepting the leading cryptocurrency as a legitimate asset class. Last month during a meeting with thousands of traders and sales staff around the world. JPMorgan Chase & Co. co-president Daniel Pinto said he was open-minded when …
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Twitter founder and CEO Jack Dorsey announced that he is partnering with rapper Jay-Z on a new endowment. To fund Bitcoin development in Africa and India. The project, called ₿trust, will provide 500 BTC currently valued at $23.7 million. “JAY-Z/@S_C_ and I are giving 500 BTC to a new endowment named ₿trust to fund #Bitcoin development, initially focused on teams …
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Yearn Finance, one of DeFi’s landmark projects, surged to an all-time high above $52,000 on Friday. Before correcting slightly to its current price just below $51,000. The upswing was fueled by speculation around Grayscale launching a dedicated YFI Trust. The investment company has been active as of late with its corporate registration filings and reportedly registered a new YFI Trust earlier this week. …
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Bitcoin prices edged lower on Friday, putting BTC/USD on track to paring a portion of its recent gains after notching a lifetime record high.
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A job posting has revealed that Amazon has been planning on launching a digital currency project in Mexico. Per the listing, Amazon is “looking for a leader to help launch a new payment product starting with Mexico as the initial launch country. This product will enable customers to convert their cash in to digital currency using which customers can enjoy …
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