Grayscale adds a ‘cool $300M’ in a day and $1B this week
Crypto fund manager Grayscale Investments has increased its assets under management (AUM) by $1 billion in the space of a week. According to an update posted to Grayscale’s Twitter account …
Not everyone in the crypto industry is thrilled about PayPal’s recent news
While many in the industry were pleased with Bitcoin’s surge past $13,200 following an announcement that PayPal intends to integrate crypto into its network, some fail to see any benefits …
OKEx users express frustration over suspended withdrawals
Major exchange OKEx suspended crypto withdrawals on Oct. 16. With little information coming from the firm or its CEO Jay Hao in the time since, users have begun demanding answers …
Filecoin creator denies strike allegations
Juan Benet, the creator of Blockchain-based data storage platform Filecoin, has called allegations that miners of its token have been on strike since Saturday “nonsense.” According to a report by 8btc.com, five …
Former patrons can’t drown sorrows as first-ever bar to accept Bitcoin closes
A legendary bar and restaurant in Germany that was reportedly the first to ever accept cryptocurrency as a form of payment has permanently closed. According to an Oct. 18 Reddit …
Algorand’s new accelerator program in Europe to issue grants up to $500K
The Algorand Foundation, the governance and research organization behind major blockchain platform Algorand, is launching a new accelerator program in Europe. Known as “Algorand Europe Accelerator,” the new program intends …
Trezor launches an allegedly “phishing proof” desktop wallet
Crypto wallet provider Trezor has launched a new desktop app called Trezor Suite for its hardware wallet. According to an Oct. 14 blog post, Trezor’s parent company Satoshi Labs claimed its …
Move over S2F — Model creator says ‘90% chance’ BTC never dips below $11K again
The author behind a valuation model for Bitcoin that’s based on Metcalfe’s Law says the crypto asset will likely be priced around $12,000 by the end of November and reach …
Tether’s market cap could overtake Ethereum’s next year — Bloomberg report
A new report predicts Tether could surpass Ether’s market cap by the end of next year, paving the way to mainstream adoption of stablecoins and central bank digital currencies (CBDCs). …
Retail investors will ‘undoubtedly’ move to Bitcoin, says Fidelity
Fidelity Digital Assets, the cryptocurrency custody and execution arm of United States financial services giant Fidelity, has claimed in a new report that retail investors will turn their attention to …