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Marathon Patent Group Buys $150 Million Worth of Bitcoin as a Reserve Asset
26.1.2021
Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying...
Cathie Wood: More Tech Companies Will Adopt Bitcoin Treasury Reserves
25.1.2021
Wood said large companies are asking her if they should follow Square's lead
Bank of Singapore Says Cryptocurrencies “Could Replace Gold as a Store of Value” but Unlikely to Displace Fiat Currencies
25.1.2021
A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are more likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. Inefficient Unit of Exchange...
Ethereum will become the main asset for investors in 2021
24.1.2021
The potential of Ether greatly exceeds Bitcoin, and the community is beginning to understand the value of ETH
Crypto ETF Race Heats Up in 2021- Valkyrie Bitcoin Trust Files to List Shares on NYSE
24.1.2021
2021 has been an explosive year for bitcoin as the crypto asset has touched new all-time price highs as cryptocurrencies have seen increased demand. Meanwhile, a number of crypto proponents expect the first exchange-traded fund (ETF) to be approved this year as a number of firms are racing...
Buying Items and Services With Bitcoin: A Look at Crypto Asset Accepting Merchants in 2021
24.1.2021
While the price of bitcoin and numerous cryptocurrencies have jumped in value, a great number of merchants have been willing to accept digital currencies for goods and services. These days a crypto proponent can buy literally anything with their crypto assets and some of these items are very unique...
Premium on Grayscale’s GBTC Drops as Reports of New Trusts Emerge: Chinese Crypto Community Unhappy
23.1.2021
Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%. The lower rate comes just weeks after the premium peaked at 41% towards the end of December. The GBTC premium is a measure of the extent of differences...
Vaneck Files for Crypto ETF That Gives Investors Exposure to Equity in Digital Asset Companies
22.1.2021
The exchange-traded fund provider, Vaneck has filed for a Digital Asset ETF, which aims to hold equity in companies that generate revenue from cryptocurrency services. The latest ETF filing is different from the fund Vaneck applied for in mid-December, as it aims to bring investors exposure to...
Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses
22.1.2021
Digital currency markets have dropped in value during the last two days as more than $100 billion was shaved off the entire crypto market valuation. Bitcoin slid to the lowest point of the year at $28,800 per unit on Thursday afternoon, and a number of other crypto-assets saw significant losses...
Singapore Exchange, Temasek Launch Digital Asset Business for Capital Markets
22.1.2021
Singapore Exchange (SGX) and state-owned investment firm Temasek Holdings announced Friday a joint venture launching a digital assets business focusing on capital market products. Read more: Singapore’s Stock Exchange Backs New Ethereum Security Token Platform
Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police
22.1.2021
Komainu will be responsible for providing police across the U.K. with a more "robust" means to store cryptocurrencies
Why the World’s Largest Asset Manager Is Getting Into Bitcoin
21.1.2021
As BlackRock gets ready to make its first foray into bitcoin, innovation-focused ARK ETF flows surpass that of BlackRock
Increased Mainstream Adoption of Bitcoin Cutting Diversification Benefit, JPMorgan Says
21.1.2021
Bitcoin's correlation with traditional markets could "erode" its "diversification value over time."
Bitcoin becoming a cyclical asset, not a hedge, according to JPMorgan strategists
21.1.2021
Strategists at the Wall Street megabank disagree with their colleagues view that Bitcoin is becoming digital gold
World’s Largest Asset Manager Blackrock to Invest in Bitcoin Futures
21.1.2021
Blackrock, the world’s largest asset manager with $7.81 trillion under management, is getting into bitcoin. The firm has filed with the U.S. Securities and Exchange Commission (SEC) for two of its funds to invest in bitcoin futures. Blackrock Gets Into Bitcoin Blackrock filed...
Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’
21.1.2021
Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience. In his latest comments about bitcoin, Summers,...
Reports Show Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar
21.1.2021
According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian Peninsula has also been extending “regulatory guidelines...
Is Janet Yellen #Bitcoin’s Biggest Enemy or Greatest Asset? Yes
20.1.2021
As a new administration is sworn in, how will one if its most important officials – nominated Treasury Secretary Janet Yellen – impact the digital assets space?
Thai Stock Exchange Launching Digital Asset Trading in H2, Cryptos Excluded
20.1.2021
Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said
Thailand stock exchange to open digital asset trading... without crypto?
20.1.2021
Thailand’s stock exchange doesn’t want cryptocurrencies included on its new digital asset trading platform