CoinShares: Institutional Money Inflow Could Be Causing Bitcoin’s Rise

Currently, Bitcoin is not so exposed to speculation, contrary to its bullish rally of 2017. The correlation between the Bitcoin and altcoin markets is not so strong anymore. The flow of institutional money into the cryptocurrency market could be one of the reasons for Bitcoin’s bullish market in 2019, says CoinShares. Analysts from the firm […]

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Panama Will Use Blockchain ​​Technology for Enterprise Registration

Most agribusiness and manufacturing companies will benefit from this new online registration system that will use blockchain. Ramón Martínez, who is the Minister of Commerce and Industries of Panama, recently commented that his office prepares a series of measures that will put into operation the development of the country’s technological platforms. One of these measures […]

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Coinbase Acquires Xapo’s Institutional Business: “Institutions Are Depositing Between $200 and $400 Million per Week”

One of the missing ingredients for cryptocurrencies to become a mainstream phenomenon is, or was (depending on your stance on whether that has already happened or not) its adoption by institutions. According to the chief executive officer of a prominent crypto exchange, that has already materialized. In his official Twitter account @brian_armstrong, Brian Armstrong, the […]

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Correlation between Gold and Bitcoin Increases due to Tensions between the US and China

The correlation between both assets reached 0.827 at the beginning of August 2019. Analysts indicated that a similar pattern was recorded after the Brexit in the year 2016. The correlation between gold and Bitcoin has increased in recent months, a pattern that could be related to the current tensions between the US and China. Analysts […]

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Lottery Agency in Venezuela Would Pay Prizes in Cryptocurrencies

Lotería del Zulia will allow making the payments of the bet ticket and receiving prizes in Petros or Bitcoins, as it was announced by the governor of said State. Recently, the Venezuelan Governor of the Zulia State, Omar Prieto, made an announcement at an event at the local mass media, communicating that Lotería del Zulia […]

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