Well, That Was a Hell of a Week
Happy Friday, Blockfolians The Lede Let’s just recap everything that happened this week, shall we? A key oil pipeline was shut down because of cyberattackers demanding crypto ransom Multiple major…
Ethereum Recovers but Struggles Below $4,000 Resistance Zone
Following its recent fall to a $3,600 low, Ethereum has risen to a $3,987.90 high. On May 13, the bears tested the $3,600 support to break it but pulled back.…
Elon Musk ReversesMarket Trend but Cryptocurrency Prices Regain After Collapse
Elon Musk posted a tweet on the high energy consumption of Bitcoin (BTC), which caused a serious downtrend for most major cryptocurrencies including Ethereum (ETH), Binance Coin (BNB), XRP (XRP),…
Ripple Is in a Downward Correction above $1.25 Support, Unable to Push Above $1.40 High
Since the last bearish impulse on May 12, the downward move has been stalled above the $1.25 support level. The current support has been tested by the bears on more…
Bitcoin Whale Count Shrinks- Speculators Assume Trickle Distribution or Possible Address Reorganizations
The price of bitcoin has seen better days, as the coin’s value hit $59,600 four days ago and then saw the exchange rate tumble to a low of $45,700 per…
Investment Bank Cowen to Help Institutions Seamlessly Put Cryptocurrencies in Their Portfolios
Investment bank Cowen, founded in 1918, is launching a cryptocurrency service in partnership with Standard Custody & Trust Co. to help institutional clients “seamlessly secure, access and leverage cryptocurrencies and…
Century-Old Investment Bank Cowen Will Offer Crypto Custody Services
American investment bank Cowen Inc. is planning to offer crypto custody services for hedge funds and asset managers. In a statement published on Thursday, the 103-year-old firm says that it…
