Bitcoin price goes below $8,000 for the first time in months. Major altcoins, however, still seem to be unaffected by BTC price fall, as they show mixed reactions.
Citing the possibility of engaging in yet another legal lawsuit, Tether and Bitfinex launch a pre-emptive strike on an unknown study claiming complete innocence in the matter.
Intercontinental Exchange has completed the first block trade of Bakkt Bitcoin futures contracts which was executed between digital assets merchant bank Galaxy Digital and crypto investment firm XBTO.
A new blockchain platform for asset managers to run direct foreign exchange trading is currently being tested by the Vanguard Group. The platform is set to increase efficiency and reduce heavy costs associated with trading today.
Gold continues to be the safe haven for global investors when it comes to parking their money in secure assets. Bitcoin, on the other hand, has failed to win the trust of big investors at this stage.
Vega has announced that it has received $5 million in a seed round. The company hopes to use the funds to facilitate its mission to disrupt the current financial landscape, developing decentralized derivatives protocol.
By Thursday, October 3rd, the BTC volatility ha smoothed a bit. The leading cryptocurrency is consolidating at around $8274.00.
IKEA has completed the supply chain transaction which used e-money using smart contracts on the Ethereum blockchain and via the Tradeshift platform. The company views the transaction as pivotal for the sector.
Bakkt platform was finally launched in September 2019 only to be greeted by a very lukewarm response from investors but analysts from Oppenheimer & Co think that it is too early to write it off.
Broadridge Financial Solutions plans to offer post-trade services for cryptocurrency after acquiring fintech company Shadow Financial Systems. The company invested in blockchain projects, but the Shadow deal will be its foray into cryptocurrency.
One of Germany’s biggest banks has joined the already bullish Bitcoin community, with a forecast which puts BTC price at a record high by next year. Bayern LB believes the upcoming halving will be the catalyst.
Chicago-based rating firm Morningstar moves into the cryptospace by offering blockchain-based solutions for the global debt securities market.
In a global first move, six Japanese securities firms join hands to create a self-regulating “Japan Security Token Association” which will bring Securities Token Offerings (STOs) to the centerstage.
Maduro believes in the power of cryptocurrencies like Bitcoin and Ethereum. He says that his cryptocurrency-powered plan will help the country “maintain [the flow of] imports and exports.”
Bitcoin Depot is going to widen its Bitcoin ATM network within the United States to offer people the easiest and the most convenient way to deal with cryptocurrencies.