April 11, 2021
On April 9, 2021, the Delaware-based company and sponsor of the “Kryptoin Bitcoin ETF Trust” filed an S1 amendment for a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The asset manager re-filed its 2019 ETF application and instead of leveraging NYSE, the company plans to use Cboe BZX. Kryptoin Joins the List of Bitcoin ETFs Hoping for Approval in 2021 The race for a bitcoin exchange-traded fund (ETF) in the United States has grown thick with competition in recent days. The asset manager Kryptoin has recently revealed it has re-filed with the SEC in order to get an ETF approved. With Kryptoin joining the competition, there are now seven bitcoin-based ETFs hoping to get approved by the U.S. regulator. The list includes Valkyrie, Vaneck, Fidelity, NYDIG, Wisdomtree, First Trust & Skybridge, and Kryptoin. Kryptoin’s prospectus […]
April 10, 2021
Goldman Sachs CEO David Solomon foresees “big evolution” coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says that Goldman will “continue to find ways to serve our clients as we move forward.” Crypto Regulation Will Experience ‘Big Evolution,’ Says Goldman Sachs’ Chief David Solomon, the CEO of global investment bank Goldman Sachs, shared his view on cryptocurrency regulation in an interview with CNBC this week. Regarding the regulation for bitcoin and other cryptocurrencies, the Goldman Sachs executive said he thinks that cryptocurrency “is a space that’s evolving,” predicting: I think there’ll be a big evolution as to how this evolves in the coming years. Emphasizing that his company operates within the rules set by regulators, the Goldman Sachs CEO noted: “I’m not going to speculate on where the rules will go for regulated financial […]
April 10, 2021
As Ripple fends off SEC lawyers, XRP enjoys an explosive weekend pump
April 10, 2021
Crypto crime is no laughing matter and as we have seen in the past, it can take on many forms. It does not always come in the shape of a cyberattack or a hack on an exchange. Rather, sometimes people will try to use crypto to hide their malicious intent. Crypto Crime Isn’t Always a Hack One recent case allegedly involves a man in Rome, Italy, who is presently under house arrest after being accused of paying an attacker approximately $12,000 in BTC to maim his ex-girlfriend. Police claim that details of the attack are fierce, and that the event would have likely led to the victim living out the rest of her life in a paralyzed state. Thankfully, the woman is not hurt and remains unscathed following the European Union’s involvement in the case. This prompted Italian authorities to find the […]
April 10, 2021
In the SEC v. Ripple case, the court has denied the request by the U.S. Securities and Exchange Commission (SEC) for personal financial records of Ripple’s executives that are not connected to XRP. The court says that it “is not convinced” that personal banking records would show the violations as claimed by the SEC. Another Win for XRP in SEC v Ripple Case In the lawsuit brought by the U.S. SEC against Ripple Labs, CEO Brad Garlinghouse, and co-founder Christian Larsen over the sale of XRP tokens, the court has denied the SEC’s request to obtain personal financial records of the defendants that are unrelated to XRP. The order was signed by Magistrate Judge Sarah Netburn on Friday. “The SEC has served the individual defendants with Requests for Production seeking their personal financial records over an eight-year period,” the order […]
April 10, 2021
According to professional trader Scott Melker, Ethereum’s “tremendous upside potential” could overshadow Bitcoin this year.
April 10, 2021
April 10, 2021
Several leading digital currency businesses – including Square, Fidelity, Paradigm and Coinbase – are launching an organization known as the Crypto Council for Innovation (CCI) designed to help regulators, policymakers, business owners and investors better understand the benefits of digital currency. The CCI Is Here to Dispel Some Myths The CCI is all about education and seeks to provide the information necessary to ensure companies and individuals alike know what it is they need to do to get involved in cryptocurrency and make smarter decisions. Chief policy officer at Paradigm Gus Coldebella explained in a recent interview: This work will require sharing insights and analysis about crypto while correcting the misperceptions that inevitably accompany a transformative new technology. We know that crypto holds immense promise for spurring economic growth and creating jobs, improving financial inclusion and access, and enhancing privacy and security […]
April 10, 2021
HSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. HSBC Now Bars Clients From Buying Crypto and Crypto-Related Stocks Like Microstrategy British bank HSBC has reportedly become more strict with its crypto policy. The bank now prohibits its customers from buying the stock of public companies that are holding bitcoin in its treasury. An HSBC customer has shared a message he said he received from the bank, informing him of a policy change regarding cryptocurrencies, naming bitcoin and ethereum as examples. The bank’s new policy applies to “products related or referencing the performance of virtual currencies.” The notice reads: HIDC [HSBC Invest Direct] will not participate in facilitating (buy […]
April 10, 2021
Hester Pierce – the commissioner of the Securities and Exchange Commission (SEC) – says that she hopes the U.S. government is not stupid enough to try and ban bitcoin activity, as there is no way it could ever stop people from trading it or being involved. Hester Pierce: The Government Can’t Be This Naive Pierce is often dubbed the “Crypto Mom” given her loose stance on cryptocurrency regulation. She believes that many digital assets are legitimate methods of finance, and that they will become cemented in the monetary space within coming years. She also feels that the U.S. has been rather slow in its adoption rate and hopes things will change to ensure America remains on top as a financial innovator. In a recent interview, Pierce states: I don’t see how you could ban it. A government could say it’s not allowed […]
April 10, 2021
Explosive growth in asset tokenization and NFTs is fueling Web 3.0 growth, and testing DeFi resolve.
April 10, 2021
Bitcoin broke above $61,000 for the first time since early March and traders are turning bullish.
April 10, 2021
A renewed focus on DeFi could drive traffic for the Oasis Network.
April 10, 2021
Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market capitalization of all 9,190 crypto-assets in existence is over $2 trillion today. A touch after 1 a.m. (Eastern Standard) on Saturday, the market valuation of the entire crypto-economy jumped 3% higher. Bitcoin (BTC) touched a high of $61,222 per unit coming awfully close to the all-time high (ATH) the crypto asset captured last month. Currently, BTC is trading just above the $60k handle after losing some of the gains from the hours prior. BTC is still up over 2% today and has a market cap of around $1.1 trillion. The second-largest market held by ethereum (ETH) […]
April 10, 2021
The impact of BTC mining on the environment has turned into a debate — here’s what academics think and if “green Bitcoin” is possible.
April 10, 2021
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space.
April 10, 2021
Isabel Schnabel, a board member with the European Central Bank (ECB), has attacked bitcoin claiming the crypto asset “does not fulfill the basic properties of money.” She also describes bitcoin as a “speculative asset without any recognizable fundamental value and is subject to massive price swings.” Schnabel also surmises that trust in “cryptocurrencies might rapidly evaporate,” and this, in turn, causes “disruptions in financial markets.” The Digital Euro In remarks made during a recent interview, Schnabel also reveals how she and her colleagues at ECB think “it is wrong to describe bitcoin as a currency.” Still, when Schnabel is reminded of billionaire Elon Musk’s views on bitcoin, the ECB board member answered: “He is at liberty to do so.” Meanwhile, Schnabel uses the interview opportunity to reiterate the ECB’s resolve to create its own digital currency. However, she says a […]
April 10, 2021
Filecoin’s sudden rise to the top 10 cryptocurrencies by market cap, however brief, points to its potential as it’s driven by community in China.
April 10, 2021
Bitcoin (BTC) has recently broken above the $60,000 psychological level. This is the highest point reached by the largest cryptocurrency since March 15 when BTC fell to $53,000 […]
April 10, 2021
The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000 BTC According to the Opendatabot site, officials currently hold a total of 46,351 BTC, which is worth over 75 billion hryvnias ($2.66 billion) as of press time. The declaration’s campaign ended on March 31, 2021. But bitcoin is not the only cryptocurrency found among the collective filings of Ukraine state employees. Per the report, ethereum (ETH), litecoin (LTC), cardano (ADA), stellar (XLM), IOTA, bitcoin cash (BCH), and bitcoin gold (BTG) are the other cryptos in which the officials have invested. Most Ukrainian crypto-holding state employees work in city councils, the Ministry of Defense, and for the National […]
April 10, 2021
BTC/USD reaches $61,000 for the first time in almost one month in a fresh burst of bullish market action.
April 10, 2021
Traditional finance is built not on collateral but on reputation, and DeFi will grow by following suit.
April 10, 2021
Next month in New York, the popular auction house Christie’s plans to auction a rare lot of Cryptopunk non-fungible token (NFT) collectibles. The sample of work sold will be approximately nine rare Punks, courtesy of the project’s creators Larva Labs. Nine Rare Cryptopunks Going to Auction On May 13, 2021, the British auction house founded in 1766 by James Christie plans to auction nine one-of-a-kind NFTs from the Cryptopunk project. Christie’s said it will be the first of a kind occasion of “groundbreaking work offered at a traditional auction house.” The single lot of nine Punks stems from the NFTs creators Larva Labs. “The Cryptopunks are the alpha and omega of the [cypto art] movement,” Noah Davis, a specialist in Post-War & Contemporary Art at Christie’s, New York said during the announcement. “This is a historic sale,” Davis added. Several […]
April 10, 2021
Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. Government Seeks International Help to Monitor International Crypto Exchanges According to Chosun, the South Korean Government met with politicians, law enforcement, and financial watchdog authorities to take down illicit transactions from what they named an “overheated market.” The meeting was led by the Second Deputy Secretary of State Moon Seung-wook, who called authorities from the Financial Services Commission, the Ministry of Strategy and Finance, the Ministry of Justice, and the National Police Agency. The purpose of the reunion was to address the “current situation of the virtual asset markets” in South Korea. They concluded that it’s a must to launch a […]
April 10, 2021
The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9’s binding memorandum of understanding (MOU) explains that the new units will give the company 0.1 exahash of bitcoin hashpower. On April 9, the publicly-listed gaming and internet company The9 Limited (Nasdaq: NCTY) revealed the firm’s intentions to acquire 2,000 bitcoin (BTC) miners. The new miners will give the company a total hashrate of approximately 100 PH/s or 0.1 exahash (EH/s) of processing power. According to the announcement, The9 entered into a legally binding memorandum of understanding (MOU) with an “unrelated bitcoin mining machine owner.” The machines will be exchanged for Class A ordinary shares. The9 said that the firm will issue approximately 8,127,390 shares based on the share price of around $24.81. But […]
April 10, 2021
The cryptocurrency market has recovered after a recent dip that affected the price of most virtual currencies in the market. XRP is taking the lead among the top […]
April 10, 2021
Real-world use cases and enterprise-level partnerships are just a few factors behind VeChain’s recent breakout to a new all-time high.
April 10, 2021
Exodus shares are now available for purchase through its wallet.
April 9, 2021
Texas Bitcoin Mining Swells- Riot Purchases Mining Site for $650M, Blockcap Establishes HQ in Austin
The Lone Star State of Texas is solidifying its role as a bitcoin mining and blockchain hub. This week two major bitcoin mining companies established operations in Texas. The company Riot Blockchain purchased a mining site in Rockdale and the bitcoin mining firm Blockcap announced establishing headquarters in Austin. Blockcap Sets Up Headquarters in Austin, Former Texas Governor Rick Perry Welcomes the Mining Company On April 9, 2021, the firm Blockcap announced that it was establishing headquarters in Austin Texas, and the company will join a number of companies that reside in the Lone Star State. Just recently, Blockcap announced that the company raised over $75 million and revealed a number of large-scale acquisitions of BTC mining rigs. During the announcement, the former governor of Texas, Rick Perry welcomed Blockcap for bringing innovation to Texas. “The State of Texas welcomes […]
April 9, 2021
The price of SingularityNET’s AGI token has been on the move as DeFi capabilities, cross-chain integrations and layer-two functionality drive demand higher.
April 9, 2021
Southampton Football Club, a soccer team currently ranked 13th in England’s Premier League, recently signed a new sponsorship deal that includes an option for the club to be paid certain performance-based bonuses in bitcoin. The deal also extends the club’s partnership with the Coingaming Group as Main Club Partner for a further three years. Also, as part of the new agreement, Coingaming Group’s brand, Sportsbet.io will continue as the club’s front-of-shirt sponsor. In a statement issued on April 8, the club explains the rationale behind the decision to include bitcoin bonuses. It said: (The BTC bonus) allows the club the opportunity to take advantage of the new, high-growth currency if it feels it will bring significant future benefits. According to the club’s statement, Southampton can elect to get paid in bitcoin at the end of the football season. Meanwhile, Southampton […]
April 9, 2021
Bitcoin rewards company Lolli is getting some attention and money from a lot of big people. The firm recently completed a $5 million pre-Series A funding round that garnered cash from the likes of Serena Williams and her husband. Lolli Just Keeps Getting Bigger Alex Adelman is the co-founder and CEO of Lolli. In a recent interview, he stated that his reasoning behind the firm’s creation was that he wanted to reinvent how people earn rewards for their daily shopping. His company has since partnered with the likes of big names such as Nike and Sephora. He states: I believe in everything about bitcoin. We want to make it as simple as possible for people to get bitcoin for their everyday purchases. At 32 years of age, Adelman first began getting involved with startups when he opened Cosmic a few years back. The company […]
April 9, 2021
PRESS RELEASE. 9th April 2021, Delaware, United States – Social media has reshaped the digital landscape, yet people worldwide feel more disconnected than ever. The big giants have all innovated successfully, but constant monetisation efforts for the sake of corporate profit have done away with interpersonal connections, and have therefore transformed the user into the product. Omni are taking this concept and making it a thing of the past by creating a true alternative to today’s social media platforms. Omni will introduce a holistic, user-focused ecosystem that rewards engagement and forges new connections between users. Omni combines the best features available today in the social media world into a singular app suitable for messaging, streaming, sharing, and interacting with content and its creators. This is all packaged nicely with market-leading gamification that yield the user profit linked to the performance […]
April 9, 2021
Waves price swelled to a new all-time high as NFT airdrops and exchange listings attracted new users to the project’s growing ecosystem.
April 9, 2021
A spokesperson from the crypto trading platform clarified that no leaks pertained to sensitive customer info.
April 9, 2021
The American independent investment bank and financial services company, Piper Sandler has published its latest “Taking Stock With Teens” survey which notes that 9% of U.S. teenagers have traded cryptocurrencies. 7,000 teenagers were polled and roughly 81% of those who have traded digital currencies were male. 9% of American Teens Claim to Have Traded Crypto Assets, But Cash Is Still King Among US Teenagers Piper Sandler Companies has published a new study that surveyed 7,000 American teenagers. According to the findings as far as payments are concerned “cash is (still) king for teens” and this is followed by Apple Pay and Venmo. Food, video games, and clothes purchases are very important to American teens and 9% of the crowd has traded digital currencies. Piper Sandler’s survey shows that only 19% of the respondents who have traded crypto were female. A […]
April 9, 2021
Mark Yusko – the founder and chief executive officer of Morgan Creek Capital Management – feels that bitcoin has become large enough and strong enough in recent days that it can no longer be ignored by investors or companies. Mark Yusko: We Can’t Ignore Bitcoin In a recent interview, he comments: We really believe that we’ll look back five years from now and it will be deemed fiduciarily imprudent to have zero exposure to digital assets. As it stands, many companies – some of which are quite large – have already begun to invest hundreds of millions to billions of dollars in the world’s largest digital currency by market cap. Both electric car company Tesla and software firm MicroStrategy are enterprises that have invested quite a bit of money in the asset, while other institutions – such as Square, Massachusetts Mutual and Stone Ridge – also own large stakes in the […]
April 9, 2021
The rally in Bitcoin and select altcoins seems to have hit a wall as bears continue to aggressively push back at key overhead resistance levels.
April 9, 2021
If there are not enough developers to go around, why not train some more?
April 9, 2021
The investment banking giant now reportedly classifies MicroStrategy as a “virtual currency product.”
April 9, 2021
“My number one recommendation to U.S. regulators is: look at the rest of the world and don’t get out of step,” David Schwartz said in an exclusive interview with Cointelegraph.
April 9, 2021
The China-based smartphone and internet app maker Meitu has announced the acquisition of $10 million worth of bitcoin for its treasury after the firm purchased digital assets two times prior last month. The company’s cryptocurrency holdings now stack up to $100 million worth of ethereum and bitcoin. Meitu Stacks Another 175 Bitcoin, $100 Million in Crypto Recorded on its Balance Sheet Meitu has revealed another cryptocurrency purchase after it announced two purchases last month. According to the announcement, on April 8, 2021, Meitu HK which is listed on the Hong Kong stock exchange, purchased a touch over 175 BTC. The company detailed it paid $10 million for the acquisition and to date, Meitu now holds $100 million worth of ethereum (ETH) and bitcoin (BTC) on its balance sheet. “The board is pleased to announce that on April 8, 2021, Meitu […]
April 9, 2021
Positive news regarding the SEC lawsuit saw XRP price rally above $1 and its futures open interest to reach an all-time high.
April 9, 2021
It sounds like everyone is learning from Coinbase. The popular cryptocurrency exchange in San Francisco, California, announced last year that it was getting ready to go public. The trading platform will begin trading on the Nasdaq next week on April 14, and now it looks like Kraken is going to follow suit. Kraken Is Heading Down the Coinbase Road Kraken is another large cryptocurrency exchange. Also stationed in northern California, it is a direct competitor to Coinbase, though it claims it was not directly inspired by the platform. Rather, Kraken saw its trading volumes skyrocket during the first quarter of 2021. With these volumes reaching new heights, executives felt now was the right time to expand. Founded in 2011, Kraken is slightly older than Coinbase and has roughly six million customers at the time of writing. It is considered one of the top ten […]
April 9, 2021
As the Coinbase Effect sends Enjin and other crypto tokens skyward, Markets Pro subscribers benefit from headlines delivered directly to their mobile devices.
April 9, 2021
Evidence suggests crypto’s role in terrorism remains relatively minor: “It has not yet become a primary means of terror financing.”
April 9, 2021
The crypto space can rest easy on Bitcoin’s survival — a lone Reddit user has got you covered.
April 9, 2021
New York Digital Investment Group (NYDIG), the bitcoin investment arm of Stone Ridge Asset Management, is creating bitcoin-powered products and services for the $6 trillion global insurance industry. The company has formed strategic partnerships with major insurers, including Starr, Liberty Mutual, New York Life, and Mass Mutual. Tapping Into $9 Trillion Insurance Industry NYDIG, a leading provider of technology and investment solutions for bitcoin, is bringing BTC to the global insurance industry. The company revealed on Thursday a plan to create “bitcoin-powered products and services for the $6 trillion/year global insurance industry.” Having previously raised funds from New York Life and Mass Mutual, two major insurers focusing on life insurance and annuities, NYDIG has now “raised $100 million of additional growth capital” from property and casualty (P&C)-focused insurers. They include Starr Insurance and Liberty Mutual. “The global property & casualty […]
April 9, 2021
Could a digital pound accelerate Britain’s growth post-Brexit and retake London’s status as the European financial hub?
April 9, 2021
The 10-largest Ethereum whales have accumulated roughly $10 billion, but their investment behavior suggests some are still hungry.
April 9, 2021
Total Processing, a merchant services company has published a study this week about the most-watched cryptocurrency videos on Youtube during the last year. Even though bitcoin has climbed 700% since last April, ethereum has climbed 1,100% and videos pertaining to ethereum have accumulated the most views since April 2020. Ethereum Videos Are the Most Viewed Crypto Asset Videos on Youtube Digital currencies have exploded in popularity during the last 12 months, and it’s hard to believe how much some coins have gained. There’s a lot of statistics that show the enormous growth of cryptocurrencies like onchain data, the community’s representation on social media, and crypto trading statistics. A firm called Total Processing decided to analyze the data on Youtube during the last year in order to calculate the most viewed crypto-centric videos. Data shows that the smart contract blockchain Ethereum […]
April 9, 2021
Since the start of April, the surge in price of XRP has been backed by high tweet volumes, which approached relative highs.
April 9, 2021
The Free TON DeFi Alliance creates the necessary infrastructure to attract and maintain strong teams and projects, attracts liquidity from other projects to Free TON and creates partnerships with major companies with large amounts of liquidity and/or a large number of transactions. Free TON DeFi Alliance Forms Free TON DeFi Alliance is a new organization of like-minded people and businesses who share a common goal – to create an environment for substantial and sustainable Free TON DeFi ecosystem growth. The Alliance’s declared goals and focus are centered around economical aspects of the Free TON DeFi ecosystem: liquidity accumulation, new partner businesses engagement, bringing new projects and products to be built in Free TON blockchain, marketing and promotion, and new development teams support. The Alliance, also, sets a goal to become a security and auditing center of expertise, which is very […]
April 9, 2021
Both Bitcoin’s daily volume and the amount held by large addresses roughly match 10% of gold’s.
April 9, 2021
State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.”
April 9, 2021
The bill already signed into law legalizes online sports betting in the state with bookmakers permitted to accept cryptocurrency deposits from bettors.
April 9, 2021
The Swedish central bank keeps making steps towards modeling its e-krona pilot project by issuing a detailed report of the results of phase one for the path ahead. Riksbank is still optimistic about launching its central bank digital currency (CBDC), but there are hurdles to clear out on the road. Riksbank to Spend Another Year Exploring Solutions for the Pilot According to the report named “E-krona pilot phase 1,” the central bank highlighted that cash usage in Sweden is “declining.” That said, Riksbank sees potential problems arising from the decline in cash and is therefore running a project to investigate the possibility of producing a digital complement to cash.” However, the central bank wants to take another year to make in-depth explorations to assess how current technical solutions could suit the e-krona project. Currently, the Swedish central bank is using […]
April 9, 2021
The buying support for ETH/USD near its record high appears to be weaker than Bitcoin’s.
April 9, 2021
A NASDAQ traded Chinese Bitcoin mining firm has seen its shares fall 20% after a damning short report unveiled some alleged dodgy dealings.
April 9, 2021
The central bank listed four chief concerns, including the lack of legal recourse in the event of investor disputes and possible violations of foreign exchange regulations when purchasing crypto from abroad.
April 9, 2021
Investors could be mistakenly linking the bank with the 2017 Bitcoin hard fork, causing a spike in price and trading action.
April 9, 2021
The tech company has been on a buying spree of late, racking up $100 million worth of Bitcoin and Ether.
April 9, 2021
According to Paypal cofounder Peter Thiel, the Chinese government, which detests the U.S. dollar’s reserve currency status, could be using bitcoin as a financial weapon against the U.S. While he concedes that China has no intentions of making the yuan renminbi a reserve currency, Thiel still thinks the Asian country may have longed bitcoin because it weakens the dollar’s influence. Reserve Currencies Speaking at the recent Richard Nixon Foundation seminar, Thiel also suggested that China ideally prefers to have two reserve currencies that counter the dollar. He says the Asian country already uses the euro currency as a weapon against the dollar although he claims the “last decade hasn’t quite worked out that way.” According to Thiel, a self-professed bitcoin maximalist, bitcoin has now become the second reserve currency that China uses to fight the dollar’s influence. Consequently, Thiel thinks […]
April 9, 2021
Ledger and Shopify are facing a class-action lawsuit over sensitive information regarding 270,000 of Ledger’s customers’ that was stolen by Shopify employees.
April 9, 2021
A privately-held investment firm from Chicago, Marlton Partners, has urged Grayscale Investments to embrace the modified Dutch auction tender offer for GBTC shares. According to Marlton, such a tender offer “would materially narrow — if not eliminate — the discount to net asset value (NAV).” This, in turn, offers stockholders confidence “in the sponsor’s ability to manage the fund’s discount.” Billions in Lost Value Despite GBTC’s competitive advantage as the world’s largest bitcoin fund, GBTC shares continue to trade “at a significant discount to NAV.” According to Marlton Partners, this discount on NAV “currently represents over $3.1 billion in lost value to trust stockholders.” Meanwhile, in an open letter addressed to the Grayscale Investments management, Marlton Partners’ managing member, James C. Elbaor, insists that current efforts to eliminate the discount have been proven to be inadequate. To bolster this argument, […]
April 9, 2021
DeFi Yield Protocol (DYP) continues to attain popularity within the decentralized finance sector. Since the launch of the staking dAPP three months ago, DYP Protocol has experienced massive growth in its community. DeFi Yield Protocol The yield farming platform has over $39 million locked in its ETH staking contract and has paid 7,064 ETH worth over $14 million to liquidity providers. DYP has also experienced a 20x increase in liquidity on popular decentralized exchange Uniswap. At the moment, more than $21,000,000 in liquidity on Uniswap on the DYP/ETH. DYP has also expanded its ecosystem with the integration of Binance Smart Chain (BSC) in February. DeFi Yield Protocol (DYP) allows users that provide liquidity to earn decent returns. It also utilizes an anti-manipulation feature that prevents whales from manipulating the price of its native token, DYP. This is by converting all […]
April 9, 2021
Real Vision’s Raoul Pal believes that altcoins with an active ecosystem of devs and apps will likely beat out Bitcoin over time.
April 9, 2021
Rock bottom interest rates and fiscal stimulus has driven momentum in the crypto sector the Fidelity executive said.
April 9, 2021
Signal is facing criticism over its integration with MobileCoin, with eyebrows raised over a 450% increase in the price of MOB ahead of the announcement.
April 9, 2021
The Chief Marketing Officer a blockchain security company has been charged with embezzlement; Peter Thiel calls Bitcoin a ‘weapon’ of China (but no one cares), and CZ’s net worth rises to $1.9 billion.