KPMG and Coin Metrics will jointly deliver crypto data, insights, proprietary analytics, and cryptoasset services. The collaboration aims to support growth in the institutional adoption of crypto assets and public blockchains.
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Markets Report: Bitcoin hits 2020 record of $13,850 before major resistance hurdle
A retest of 2019 bull run highs is met with a modest retracement as higher levels hold on the day for BTC/USD
Bitcoin (BTC) reached new 2020 highs of $13,850 on Oct. 28 as markets rose to equal their 2019 peak. BTC/USD stopped short of retaking resistance at $14,000, the level which provided a “hammer” event during last year’s bull run to around $13,800.
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More than half of U.S. investors interested buying in Bitcoin
Nearly one quarter of them already have, according to a survey by Grayscale Investments, which also found the pandemic was a big driver of interest
The findings, announced on Oct. 27, show that 55% of them would be interested in investing in Bitcoin, while 23% already bought in. This percentage of American investors translates to nearly 32 million potential Bitcoin investors.
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Singapore bank accidentally announces forthcoming cryptocurrency exchange
Top Singapore lender DBS briefly put a webpage up announcing a multicurrency exchange with custody service, deleting the announcement within minutes
The page—which is not available anymore—read "Digital assets are poised to be the future of tomorrow’s digital economy. [...] With DBS Digital Exchange, a bank-backed digital exchange, companies and investors can now leverage an integrated ecosystem of solutions to tap the vast potential of private markets and digital currencies.”
