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Miners, Investors Clash Over ETH Proposal; Bug 'Best Thing' for Testnet
21.8.2020
A new proposal to reduce the inflation rate on the Ethereum (ETH) network is facing criticism from the mining community, as some miners suggest token investors may be more interested in making money on their holdings than the security of the network. Meanwhile, a bug that infected the Medalla...
Investors Tip $400M Into Failed DeFi ‘Yam’ Project Hoping for a Sequel
19.8.2020
‘These kinds of token experiments are not going away,’ Messari said about DeFi project YAM doubling its total value locked
72% of Investors Will Hold Bitcoin Even if Price Falls to $0
18.8.2020
A new poll finds that 72% of bitcoin investors are bullish about the cryptocurrency and will hold onto it even if the price somehow falls to zero. A total of 22,635 votes were gathered for this survey. Most Bitcoin Investors Would Hodl Regardless of the Price Twitter user Plan B, known for...
Bitcoin Cash and Litecoin Trusts from Grayscale Investments Begin Trading
18.8.2020
Grayscale Investments’ Litecoin Trust (LTCN) and Bitcoin Cash Trust (BCHG) have received DTC eligibility on Monday, which means the shares can begin trading publicly. The firm’s latest funds give investors exposure to the crypto assets bitcoin cash and litecoin and shares will be traded...
Bitcoin Investors Swap for Ethereum 'Wrapped BTC' to Yield Farm and Chill
17.8.2020
Demand for Wrapped BTC has surged as Bitcoin investors seek a private method to gain exposure to DeFi and lend farming
Former Prudential Financial CEO George Ball Says Now Time to Buy Bitcoin
17.8.2020
Former Prudential Financial CEO George Ball is advising wealthy investors to acquire bitcoin because it is the only asset that cannot be undermined by the government. Ball made the comments while discussing adjustments that investors need to make to their portfolios. Now CEO at Sander Morris...
US Regulator Charges Tech Firm, CEO in $5 Million ICO Fraud Case
16.8.2020
The United States Securities and Exchange Commission (SEC) jointly charged Virginia-based Boontech and CEO, Rajesh Pavithran for fraud and registration violations. The charges stem from an initial coin offering (ICO) that raised $5 million from 1,500 investors around the world in exchange for Boon...
Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’
16.8.2020
Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38.5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28.3 million. In an earnings call, Galaxy Digital President, Chris...
Law Firm Sees Crypto Investors Flocking to St. Kitts & Nevis for Dual Citizenship
15.8.2020
This week news.Bitcoin.com spoke with Jennifer Harding Marlin from the St. Kitts & Nevis islands law firm JH Marlin. The business specializes in all types of law practice and citizenship by Investment (immigration) is very popular. Marlin explained that recently, the company is getting...
Bitcoin and Tesla: America’s Most Loved Assets on Tradingview
15.8.2020
Tradingview said Friday that bitcoin and Tesla, the electric car maker and clean energy firm, are America’s most viewed assets on the charting platform. Bitcoin (BTC) has climbed over 60% year-to-date, with the price reaching $11,900 at Press time. The rise has drawn in thousands of...
Warren Buffett Buying Gold May Push Bitcoin to $50K, Investors Say
15.8.2020
Warren Buffett’s Berkshire Hathaway sold bank stocks to buy a gold mining company, which will indirectly boost the price of Bitcoin, investors say
MicroStrategy Buying Bitcoin Shows Institutional Investors Seek to De-Risk
14.8.2020
Wall Street firms are waking up to the prospect of holding Bitcoin as a hedge against uncertainties in the mainstream equities market
Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States
14.8.2020
U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending...
Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline
14.8.2020
Coinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. During...
Cointelegraph Launches Newsletter for Professional Investors
12.8.2020
Cointelegraph Consulting now offers two newsletters per month containing crypto trading and investing intel
Asset Manager NYDIG Raises $5M for Third Bitcoin Fund in 2020
12.8.2020
NYDIG has set up another bitcoin fund, raising $5 million from accredited investors – it's unclear what differentiates this one from its previous funds
These Two Institutional Investors Allocated At Least 1% To Bitcoin
11.8.2020
Among the 20 recently announced institutional investors that invested in the Grayscale Bitcoin Trust (GBTC)'s shares, only two allocated more than 1% of their assets under management (AUM) to these shares in order to gain exposure to the price movement of bitcoin (BTC), according to calculations...
Federal Reserve’s Expected Inflation Ramp-Up Drives Institutional Investors to Hedge With Bitcoin
10.8.2020
The U.S. Federal Reserve is expected to ramp up inflation by keeping interest rates low. As the U.S. dollar falls sharply and gold’s price soars, institutional investors are moving their money into alternative investments, including bitcoin. Fed Policies Drive Demand for Bitcoin The Federal...
Mobile Crypto Scam Targets Wealthy Indian Investors
10.8.2020
Scammers are going to greater lengths than ever to acquire other people’s crypto
Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears
10.8.2020
Hong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. In...