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The Bitcoin Treasuries List Exceeds $30 Billion – 29 Companies Hold BTC Reserves
29.12.2020
More than 1.1 million bitcoin or over $30 billion worth of the crypto asset is held by a myriad of companies, according to the web portal bitcointreasuries.org. The massive stash of bitcoin reserves held by well known companies started swelling after the billion-dollar firm Microstrategy purchased...
Dynamic Set Dollar faces “massive test” as stablecoin falls as low as $.27
28.12.2020
An algorithmic stablecoin experiment is playing out over Christmas weekend — and real money's on the line
Real Estate Billionaire Sam Zell Skeptical of Bitcoin but Says ‘It May Be the Answer or One of the Answers’
24.12.2020
The founder and chairman of Equity Group Investments Sam Zell says he is sceptical of bitcoin but concedes that it may be part of the solution. In particular, the billionaire and real estate magnate thinks the bitcoin community is composed of many individuals that he is not fond of. Fast Talking...
OpenDAO Builds New Yield Dollar Interface on Top of UMA, Accepts BTC as Collateral
23.12.2020
PRESS RELEASE. OpenDAO is proud and excited to announce that it is one of the first DeFi projects to participate in UMA’s dapp mining program. Check out the new Yield Dollar interface at ydollar.opendao.io For the past few months, OpenDAO has been working closely with the team at UMA to build...
VeChain Price Reflects Losses from 4-Month High of $0.019
22.12.2020
VeChain is seen pulling back from the recent 4-month high when the price climbed as high as $0.0198, but with a clear rejection, it is currently trading at $0.0159. VET coin, just like any other altcoin of the market, corrected downwards in lieu of the largest cryptocurrency of the market, Bitcoin...
Billion-Dollar Wealth Manager Skybridge Capital Plans to Launch a Bitcoin Fund
22.12.2020
In mid-November, a filing registered with the U.S. Securities and Exchange Commission (SEC) had shown that the investment firm Skybridge Capital may invest in crypto assets like bitcoin. Over a month later, Skybridge Capital filed another registration form with the U.S. SEC (Form D) as it plans...
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
22.12.2020
Christopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there are plans to increase the crypto component of Jefferies’ long-only global portfolio for U.S. dollar-denominated...
Microstrategy Buys 29,646 More Bitcoins — Now Holds Over $1.6 Billion in BTC
21.12.2020
Nasdaq-listed Microstrategy has purchased 29,646 more bitcoins for $650 million. The latest purchase brings the company’s bitcoin holdings to 70,470 — worth more than $1.6 billion. Microstrategy Now Has Over $1.6 Billion in Bitcoin Billion-dollar public company Microstrategy (Nasdaq:...
Elon Musk Ponders Tesla Putting Billions Into Bitcoin, Asking if Such Large Transactions Are Possible
21.12.2020
Tesla and Spacex CEO Elon Musk made a series of tweets about bitcoin on Sunday. One of them concerns whether it is possible to buy bitcoin in “large transactions,” particularly for Tesla to convert its U.S. dollar reserves into bitcoin. Microstrategy’s CEO told Musk that this move...
After exploit, Warp Finance compensation plan takes promising strides
20.12.2020
In a promising sign for the DeFi space, another project devotes itself to complete user compensation following an exploit
Cardano Trades Above $0.15; Fails to Confirm Complete Bullishness
18.12.2020
Cardano, as strengthening crypto, is often compared to the largest altcoin by market capitalization, Ethereum, and today, Cardano is what Ethereum planned. It was in the previous year when the Shelly and ETH 2.0 were planned to bring into action. However, due to the unavoidable postponement of...
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
18.12.2020
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...
Bitcoin the third 'most crowded trade' in global fund manager survey
16.12.2020
Asset managers around the globe are losing confidence in the dollar, encouraging them to seek out inflation-resistant investments for their clients
Zilliqa Price Reflects a Bearish Sentiment; Trades at $0.0330
15.12.2020
Zilliqa, just like major altcoins of the market, is trading in red with a cumulative dip recorded since the past week now and currently trades at $0.0330. With lack of traction in the market, Zilliqa, along with Ethereum, XRP, Dogecoin price lacks momentum and has therefore pulled back below $0.035...
Dogecoin Price Slides Below Weekly Support of $0.0032
15.12.2020
Dogecoin continues to trade with negative market sentiment and slides from the previous week’s support below $0.0032. With an intraday pullback, DOGE, which is believed to have a concurrent momentum to that of the largest cryptocurrency, Bitcoin, is currently trading at $0.00317, while the latter...
Kadena Onboards Celo’s Dollar Stablecoin, Plots January Launch for Decentralized Exchange
15.12.2020
The hybrid blockchain maker said it is collaborating with fintech firm Celo to on-board its stablecoin, cUSD, to Kadena’s platform using a trustless bridge
Peter Schiff Blames Government for the Massive Dollar Depreciation — Still Refuses to Accept BTC is Digital Gold
14.12.2020
Gold bug and bitcoin opponent Peter Schiff says the U.S. government’s actions in the past 78 years are partly responsible for the massive depreciation of the U.S. dollar. Using a medical bill from 1942 to illustrate the extent of the dollar’s decline, Schiff says the $70 paid to foot...
Origin Dollar compensation plan marks progressing maturation of DeFi space
13.12.2020
Traders and developers are trending towards greater DeFi depositor protections in unison
Morgan Stanley Strategist: Bitcoin Rising to Replace US Dollar as World’s Reserve Currency
13.12.2020
Morgan Stanley’s global strategist has made a case that bitcoin is making progress towards replacing the U.S. dollar as the world’s reserve currency. “Do not assume that your traditional currencies are the only stores of value, or mediums of exchange, that people will ever...