Tagged: bitcoin

May 2, 2021 @ 7:27 pm By Omar Faridi  |  

China’s virtual yuan has been in development for the past 7 years (since 2014). Recently, Chinese officials had noted that Bitcoin (BTC) was not really a currency but they do think it’s a form of investment. Regulators in China are also eager to explore the… Read More

May 1, 2021 @ 12:37 pm By Omar Faridi  |  

Arash Ghaemi, Director of Strategy at Two Prime Digital Assets, a “trusted” investment partner to HNWIs, family offices, institutions, and corporate treasuries seeking “intelligent” exposure to Bitcoin (BTC) and Ethereum (ETH), notes that there are several potential reasons why ETH can be “a higher upside”… Read More

May 1, 2021 @ 9:33 am By Omar Faridi  |  

Grayscale, a global leader in digital currency asset management that provides single asset and diversified exposure via private and public funds, has provided updates (as of April 30, 2021) on its total assets under management (AUM), holdings per share, and market price per share for… Read More

April 29, 2021 @ 10:04 am By Omar Faridi  |  

Jeremy Hogan, Parnter at Hogan & Hogan, reveals that CryptoLaw has shared American Fintech Ripple’s response to the US Securities and Exchange Commission’s (SEC) letter which is disputing (essentially) “parts of the Court Order” from earlier in April 2021 that are “related to internal communications.”… Read More

April 28, 2021 @ 12:47 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (April 26, 2021) that “poor sentiment” for Bitcoin led… Read More

April 27, 2021 @ 11:37 pm By Omar Faridi  |  

Bitcoin (BTC) price dropped 4.2% week on week (WoW), but then managed to recover from a dip on April 26, 2021, to ~$47,000 back to $53,450, the BitOoda team noted in their latest market report. Bitcoin is trading at just over $54,500 at the time… Read More

April 27, 2021 @ 11:44 am By JD Alois  |  

BlockFi, a fast-growing digital asset platform, has notified users that interest rates paid to lenders will decline beginning May 1, 2021. In a tweet, BlockFi stated: rates and tiers for Bitcoin (BTC), Ethereum (ETH), Chainlink (LINK), Litecoin (LTC), and PAX Gold (PAXG) are changing.  … Read More

April 27, 2021 @ 8:19 am By Samantha Hurst  |  

    Paxful, a leading peer-to-peer (P2P) Bitcoin (BTC) marketplace, announced on Tuesday its platform now has more than $5 billion has been traded to date on its platform and that it now has over six million users. Founded in 2015, Paxful describes itself as a… Read More

April 26, 2021 @ 6:51 pm By JD Alois  |  

Tesla (NASDAQ:TSLA) announced Q1 2021 earnings today that beat on both the top and bottom line. Included in the presentation deck was the fact that Tesla holds cryptocurrency, specifically Bitcoin as part of its treasury strategy. In the deck, Tesla states: “Quarter-end cash and cash… Read More

April 26, 2021 @ 12:30 pm By Lee Schneider  |  

When you work in the blockchain and cryptoasset space for a while, you hear four particular questions asked over and over by people new to the space and particularly by skeptical people.  These are good and important questions and they deserve simple, straightforward answers, so… Read More

April 26, 2021 @ 7:32 am By Omar Faridi  |  

Multi-asset investment platform eToro revealed on April 26, 2021 that it has launched a new thematic portfolio, called BitcoinWorldWide. Based on the firms in the value chain behind Bitcoin, the portfolio is meant to further promote adoption of the leading cryptocurrency. Dani Brinker, eToro’s head… Read More

April 25, 2021 @ 4:37 pm By Omar Faridi  |  

Sovereign governments could potentially be the next group to adopt digital assets, according to a report from crypto-assets firm Kraken. Kraken writes in an update that central bank digital currencies (CBDCs) might become “the latest, and perhaps most substantial tool, used to expand their monetary… Read More

April 25, 2021 @ 12:36 pm By Omar Faridi  |  

Crypto investors in Turkey have been dealing with major issues lately. Another major digital currency exchange has collapsed in the country and its CEO is being detained by authorities. Turkish crypto exchange Vebitcoin has suspended its operations and claims that it decided to do so… Read More

April 24, 2021 @ 12:19 pm By Omar Faridi  |  

Last week, the US sanctioned several groups and individuals because of their alleged association with “disinformation” campaigns that were reportedly coordinated by the Russian government. Blockchain analysis firm Chainalysis points out that a few of the sanctioned utilized virtual currency in their “criminal endeavors,” and… Read More

April 23, 2021 @ 10:31 am By Omar Faridi  |  

Bitcoin (BTC) dominance recently dropped to 50.2% (but has increased slightly to 50.7% at the time of writing) for the first time since July 2018, Bloqport reports. Bitcoin dominance represents the total share of the digital assets market that BTC claims. Notably, the BTC price… Read More

April 22, 2021 @ 10:47 pm By Omar Faridi  |  

Huobi Asset Management (Hong Kong) Ltd, a wholly-owned subsidiary of Huobi Technology Holdings Limited, has introduced virtual asset-related funds for professional investors. The new product offering includes three digital asset funds and a private equity fund for blockchain mining-related businesses, according to a release shared… Read More

April 20, 2021 @ 7:35 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (April 19, 2021) that inflows into digital asset investment… Read More

April 19, 2021 @ 2:18 pm By JD Alois  |  

Crypto exchange OKEx says the BTC Lightning Network is now live on its website. By utilizing Lightening, OKEx will be able to facilitate much faster and cheaper BTC transfers. OKEx users are now able to use the Lightning Network for both BTC deposits and withdrawals…. Read More

April 18, 2021 @ 11:00 pm By Omar Faridi  |  

We recently connected with Danial Daychopan, CEO and Founder of UK-based Plutus, a financial services provider that aims to bridge the gap between traditional fiat currencies and “upcoming” cryptocurrencies. Plutus says it offers the “best of both worlds,” which includes centralized fiat and non-custodial crypto,… Read More

April 18, 2021 @ 5:23 pm By Omar Faridi  |  

Blockcap Inc., an established Bitcoin mining and blockchain tech firm based in the US, revealed on Friday (April 16, 2021) that it has mined a total of 544 BTC during Q1 2021. As mentioned in a release: “Coming on the heels of several large-scale acquisitions… Read More