Crypto News
Institutional crypto products eye record AUM as investors pile into Bitcoin
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week.
cointelegraph.com
Cardano, Solana Price Prediction: October 12, 2021
Cardano holds at $2.1 after losing steam during the most recent approach to $2.5. Solana may drop to $120 if the confluence support created by the 100 SMA and the 50% Fibonacci level shatters.
coingape.com
Top engineers working on Facebook’s wallet jump ship to A16z’s crypto fund
Andreessen Horowitz (A16z), a leading venture capital firm operating in the crypto sector, has nabbed two of the leading engineers working on Facebook’s digital currency project for its digital asset fund.
cointelegraph.com
Nearly 45% of Consumers Around the World Will Use Crypto for Payments by 2023: New Study
A new study conducted by an information technology company indicates that crypto payment method adoption is primed to skyrocket in the next two years.
dailyhodl.com
Ethereum ($ETH) Will Be the Next Cryptocurrency to Explode, Says HIVE Blockchain Chairman
The Executive Chairman of HIBE Blockchain Frank Holmes, CEO and CIO of U.S. Global Investors, has predicted Ethereum ($ETH) will be the next cryptocurrency to explode after arguing it could be seen as the silver to Bitcoin’s gold.
cryptoglobe.com
Bank of England: Crypto Assets Pose 'Limited' Risks to Stability of UK Financial System
The Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’s financial system. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets are becoming increasingly integrated into the financial system,” the U.K.’s central bank described.
bitcoin.com
Bitcoin’s Market Cap Could Surpass $20 Trillion, Says Blockchain Holding Firm CEO
The CEO and chairman of blockchain holding company Immutable Holdings, Jordan Fried, has revealed he believes that bitcoin could surpass the market capitalization of gold and hit $1 million per coin in the long run.
cryptoglobe.com