{"id":11040,"date":"2021-08-16T06:41:01","date_gmt":"2021-08-16T06:41:01","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/?p=11040"},"modified":"2021-08-16T06:58:09","modified_gmt":"2021-08-16T06:58:09","slug":"majority-of-worlds-top-banks-are-investing-in-crypto-and-blockchain-companies","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/majority-of-worlds-top-banks-are-investing-in-crypto-and-blockchain-companies\/","title":{"rendered":"Daily Crypto News- Majority of World\u2019s Top Banks Are Investing in Crypto and Blockchain Companies"},"content":{"rendered":"<ul>\n<li>\n<h3><b>BTC Settles Above The 200 SMA As $60,000 Comes To Into Sight<\/b><\/h3>\n<\/li>\n<\/ul>\n<p><a href=\"https:\/\/trade.buyucoin.com\/trade\/BTC-INR\"><span style=\"font-weight: 400\">Bitcoin(BTC)<\/span><\/a><span style=\"font-weight: 400\"> 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.<\/span><\/p>\n<h3><b>Solana (SOL) Hits A New All-Time High With Record Transaction Volumes<\/b><\/h3>\n<p><span style=\"font-weight: 400\">Altcoin <a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-solana?market=sol-inr\">Solana (SOL)<\/a> 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.<\/span><\/p>\n<h3><b>Gitcoin (GTC) price has rallied 100% in a month<\/b><\/h3>\n<p><span style=\"font-weight: 400\">A push to decentralize the grant distribution process, new DAO governance features, and a growing ecosystem all back GTC\u2019s 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.<\/span><\/p>\n<h3><b>Majority of World\u2019s Top Banks Are Investing in Crypto and Blockchain Companies<\/b><\/h3>\n<p><span style=\"font-weight: 400\">A new report from blockchain research firm Blockdata suggests that over half of the world\u2019s 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 investing in crypto or blockchain-related businesses, either directly or through subsidiaries. The majority of world&#8217;s top banks are investing in crypto and Blockchain companies.<\/span><\/p>\n<h3><b>Cardano Smart Contracts Are \u2018A Very Bullish Catalyst\u2019 for $ADA<\/b><\/h3>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/trade.buyucoin.com\/direct-buy-sell-cardano?market=ada-inrv\">Cardano<\/a> smart contracts are\u201d just around the corner\u201d, which is \u201ca long-awaited and very bullish catalyst for the asset\u201d. 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 \u201cintegrate with Cardano to capture liquidity\u201d.<\/span><\/p>\n<div id='gallery-1' class='gallery galleryid-11040 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.buyucoin.com\/crypto-labs\/in-singapore-dbs-bank-will-provide-crypto-services\/photo-1624956089441-e34ebb425a2a\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/08\/photo-1624956089441-e34ebb425a2a-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"DBS Bank\" aria-describedby=\"gallery-1-10884\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-1-10884'>\n\t\t\t\tDBS Bank\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.buyucoin.com\/crypto-labs\/how-bitcoin-mining-by-governments-can-help-de-risk-cryptocurrency\/photo-1616402631152-778ab353d963\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/08\/photo-1616402631152-778ab353d963-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Bitcoin Mining\" aria-describedby=\"gallery-1-10701\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-1-10701'>\n\t\t\t\tBitcoin Mining\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.buyucoin.com\/crypto-labs\/what-will-be-the-future-of-cryptocurrency-in-india-2021\/art-rachen-2ipicd3g_g8-unsplash-5\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.buyucoin.com\/crypto-labs\/wp-content\/uploads\/2021\/08\/art-rachen-2ipicd3G_G8-unsplash-5-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Future of Cryptocurrency in India\" aria-describedby=\"gallery-1-10625\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='gallery-1-10625'>\n\t\t\t\tFuture of Cryptocurrency in India\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n\n<p><a href=\"https:\/\/www.buyucoin.com\/crypto-labs\/cardanos-alonzo-upgrade-date-has-been-revealed-adas-price-has-gained-over-16-since-announcement\/\">Cardano&#8217;s Alonzo Upgrade Date has been Revealed &#8211; ADA&#8217;S Price Has Gained Over 16% Since Announcement<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&hellip;<\/p>\n","protected":false},"author":11,"featured_media":11043,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[131,1324,945,1325,1326],"class_list":["post-11040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-crypto-news","tag-bitcoin-price","tag-cardano-smart-contracts","tag-daily-report","tag-gitcoin-gtc-price","tag-investments-in-crypto"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11040"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=11040"}],"version-history":[{"count":4,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11040\/revisions"}],"predecessor-version":[{"id":11046,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/11040\/revisions\/11046"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/11043"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=11040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=11040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=11040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}