Daily Crypto News- Majority of World’s Top Banks Are Investing in Crypto and Blockchain Companies

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Daily Crypto News- Majority of World’s Top Banks Are Investing in Crypto and Blockchain Companies

BTC Settles Above The 200 SMA As $60,000 Comes To Into Sight

Bitcoin(BTC) price rises to a three-month high at $48,000. Settling above the 200-day SMA seems to have braced the bulls for gains above $50,000. A conformed break past $50,000 will see bulls quickly shift attention to $60,000. Bitcoin price made another stride toward $50,000 during the weekend session.

Solana (SOL) Hits A New All-Time High With Record Transaction Volumes

Altcoin Solana (SOL) is making some silent moves gaining a massive 41% in the last 24 hours and hitting an all-time high of $63.43 as of press time. The Solana cryptocurrency has set itself up for a massive journey northwards and looking to make its way in the top ten cryptocurrencies by market cap.

Gitcoin (GTC) price has rallied 100% in a month

A push to decentralize the grant distribution process, new DAO governance features and a growing ecosystem all back GTC’s 100% rally over the past month. The price of GTC has swelled 103% from a low of $4.78 on July 20 to a high at $9.71 on Aug. 11 as new participants aligned with the project and its goal of advancing the Web3 infrastructure.

Majority of World’s Top Banks Are Investing in Crypto and Blockchain Companies

A new report from blockchain research firm Blockdata suggests that over half of the world’s biggest banks are getting exposure in crypto and blockchain companies. The firm says that out of the 100 biggest banks by assets under management (AUM), 55 of them have investments in crypto or blockchain-related businesses, either directly or through subsidiaries.

Cardano Smart Contracts Are ‘A Very Bullish Catalyst’ for $ADA

Cardano smart contracts are” just around the corner”, which is “a long-awaited and very bullish catalyst for the asset”. Smart contracts are now available on the public Cardano test net. We will soon see that for Cardano native DeFi apps and Apps on other platforms, such as SushiSwap, we can “integrate with Cardano to capture liquidity”.



Cardano’s Alonzo Upgrade Date has been Revealed – ADA’S Price Has Gained Over 16% Since Announcement

BuyUcoin Blog | By Anubha Singh