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Asset Manager Stone Ridge’s NYDIG Sees Wall of Money Coming Into Bitcoin — Institutions Grow Beyond Owning BTC
8.2.2021
The founder of Stone Ridge Asset Management and the New York Digital Investment Group (NYDIG) sees a “wall of money” coming into bitcoin based on his firm’s order book. The executive believes that institutions are just getting started and we will see an explosion...
Indian Government Prepares to Fast Track Crypto Bill — Plans to Introduce Cryptocurrency Law in a Month: Report
7.2.2021
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian...
Bitcoin Bull-Run Boosts Sales of a French Premium Wine Retailer Despite the Coronavirus Pandemic
6.2.2021
A French wine trading firm has been favored by the recent crypto bull-run, specifically with the bitcoin prices surging across the board. Despite the pandemic, Lasserre & Papillon is making good numbers after founding BTC Wine. BTC Wine Was Launched During the 2017 Crypto Prices’ Rally...
Blockchain Firm Labs Group Taps Enjin to Tokenize Real Estate Assets
6.2.2021
The year has started with a batch of announcements regarding tokenization in various sectors. On this occasion, a blockchain gaming platform announced its collaboration with Labs Group to issue non-fungible tokens (NFTs) of real estate assets. Global Real Estate Market Is Valued at $228 Trillion...
Paypal Launches Business Unit Dedicated To Cryptocurrency
6.2.2021
Paypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money...
Protego Becomes Second Crypto Firm to Win Bank Charter From OCC
5.2.2021
The conditional approval from the U.S. banking regulator follows Anchorage's approval last month
Gaming Firm The9 Agrees Purchase of 5,000 MicroBT Bitcoin Miners
5.2.2021
The firm announced its pivot to mining in January
Crypto-Friendly Travel Firm Travala Becomes the First Merchant to Offer Binance Pay as a Payment Method
5.2.2021
Crypto-friendly travel website Travala has announced the integration of a brand-new payment application, Binance Pay. With such a move, the travel booking company becomes the first merchant to implement Binance Pay as a payment form after its launch on Feb. 3. Five Cryptos and One Fiat Currency...
Guggenheim Investments Increases Bitcoin Fair Value Estimate — Says BTC Price Could Reach $600K
5.2.2021
Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. Guggenheim’s SEC filing to invest half a billion dollars in bitcoin became...
Grayscale Ethereum Inflows Up Again, Firm Calls ETH Valuation Methods 'Opaque'
4.2.2021
Source: iStock/Ivan-balvan
Major US-based crypto investment company Grayscale's ethereum (ETH) inflows increased yesterday, while the firm claims the methodology for valuing this asset "is opaque and changing."
Grayscale Ethereum Trust (GETH) got 'fatter' by another batch of the world's...
Bitcoin for Corporations- Michael Saylor Expects an ‘Avalanche’ of Firms to Own Bitcoin
4.2.2021
This week the firm Microstrategy held an event called “Bitcoin for Corporations” which looks at concepts like macro strategy, corporate playbooks, and legal considerations toward bitcoin. Prior to the event, Microstrategy CEO and bitcoin bull, Michael Saylor, said “professionals...
Bitcoin Mining Firm Bit Digital Removes CEO; Chairwoman Resigns
3.2.2021
The changes come amid an ongoing class-action lawsuit against the mining company
Sino-Global Shares Soar as Shipping Firm Expands Into Bitcoin Mining
3.2.2021
Sino-Global announced a new COO and CTO as it plans to start mining
Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record
3.2.2021
Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020...
Canadian Firm Files for Bitcoin ETF on Toronto Stock Exchange
3.2.2021
The Accelerate Bitcoin ETF would list on the Toronto Stock Exchange under the ticker “ABTC.”
Canadian investment firm Accelerate Financial files for Bitcoin ETF
3.2.2021
Calgary-based financial services firm Accelerate Financial Technologies is planning to list its Bitcoin ETF on the Toronto Stock Exchange
Crypto Firm to Launch Polkadot ETP on Swiss Exchange SIX
3.2.2021
21Shares AG, a Zurich-based investment provider, is launching what is being dubbed as the world’s first Polkadot exchange-traded product, or ETP. The DOT ETP will be listed on the Swiss exchange SIX on Thursday, February 4, said the company in a statement on Tuesday. DOT is the native token...
Asset Manager Values Bitcoin at $500K, Expects BTC to Be Worth More Than Gold, Sees Massive Institutional Interest
3.2.2021
One River Asset Management’s CEO says his firm now holds bitcoin worth “well over” $1 billion. He revealed that the institutional interest in bitcoin is “astounding,” noting that almost all major institutions in the U.S. are having discussions about the cryptocurrency....
Publicly-Listed Air Purifier Manufacturer Adds Dogecoin as a Form of Payment Amid Token’s Popularity
2.2.2021
As the so-called ‘meme coin’ is actively making the headlines within the crypto sphere, a publicly-traded company is joining the dogecoin frenzy. Kronos Advanced Technology announced they’ll start accepting dogecoin as one of its payment methods. Kronos Also Accepts Other...
Debt Collection Firm CIS Now Accepts Bitcoin for B2B Repayments
2.2.2021
Corporate Intelligence Services said it launched the new repayment option to provide a better service its "clientele."