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The superheated NFTs? A crypto market niche tipped to boom or bust
14.3.2021
A pyramid scheme where “somebody will be burnt” or an “exciting innovation?” Is this the year of the nonfungible token?
Valkyrie Hopes to Launch ‘Innovative Balance Sheet ETF’ Backed by Companies Exposed to Bitcoin
13.3.2021
At the end of January, the Texas-based firm Valkyrie Digital Assets filed an exchange-traded fund (ETF) registration for the “Valkyrie Bitcoin Trust” with the U.S. Securities and Exchange Commission (SEC). This month, the cryptocurrency investment manager announced it has filed...
Cryptocurrency Markets Catch Fresh Momentum, BTC Price Taps Psychological $60K Handle
13.3.2021
The price of bitcoin cracked a new all-time high on Saturday morning reaching $60,120 per unit at around 6:25 a.m. (ET). Bitcoin now has a 1.12 trillion-dollar market valuation and a dominance level of around 61.9% while ethereum now commands close to 12% of the $1.70 trillion capitalization of...
Bitcoin price hits $60K after bulls push through a key resistance cluster
13.3.2021
Bitcoin price finally pushed through a tough resistance cluster to secure a new all-time high at $60,000
The Bitcoin boom: The future of the company balance sheet
13.3.2021
Adding Bitcoin and other cryptocurrencies to a company’s balance sheet is essential because the future with crypto is already here
Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation
13.3.2021
A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that...
The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove
13.3.2021
A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled...
Old School Bitcoin Whales Are Moving: This Week a Single Entity Transferred 10,000 BTC Acquired in 2013
12.3.2021
While bitcoin’s price has neared the all-time price highs captured in February, old coins that have sat idle for many years have started to wake up from slumber. On March 4, at block height 673,162, a block reward worth 50 bitcoin from 2010 was transferred for the first time in over a decade....
Peter Schiff Claims Grayscale Will Sell BTC to Fund DCG’s Acquisition of GBTC Shares Rebuffed
12.3.2021
Gold bug and bitcoin opponent, Peter Schiff has alleged that the Digital Currency Group (DCG)’s plan to acquire GBTC shares worth $250 million could be an indication that Grayscale Investment will be reducing the value of its AUM. In addition, Schiff claims in his tweet that “Grayscale...
Microstrategy Scoops up 262 Bitcoin, Treasury Holds 91K BTC at an Average of $24K per Coin
12.3.2021
On March 12, the publicly-listed firm Microstrategy announced the company purchased an additional 262 bitcoin for $15 million in cash. The company’s CEO Michael Saylor announced the acquisition of the coins during the morning hours on Friday (ET) to his 623,000 Twitter followers....
Spin to Win 10,000 Free Rounds in the Latest Tournament from Bitcoin Games
11.3.2021
Win from a prize pool of 50,000 Free Spins in the newly launched tournament by Bitcoin Games 50 players will win loads of Free Spins on a game of their choice Online casinos are known to host regular promotions and tournaments that end up dishing out insane amounts of rewards. Prizes offered...
Spanish Real Estate Agency Begins Accepting Bitcoin Payments for Properties in the Canary Islands
11.3.2021
Crypto adoption keeps spreading among the real estate industry in Europe, specifically in Spain. Recently, a leading agency in the Canary Islands announced it would start accepting cryptocurrency payments. Firm Praises Bitcoin’s Decentralized Nature According to Digital Sevilla, Piso Barato...
21shares Launches Bitcoin Cash and Ethereum ETPs on Deutsche Boerse’s Xetra
10.3.2021
The cryptocurrency exchange-traded products (ETP) provider 21shares AG, formerly known as Amun, has announced the launch of two new crypto asset ETPs on Deutsche Boerse’s Xetra. The 21shares ETPs will leverage the cryptocurrencies ethereum under the ticker “21XE,” and bitcoin cash...
1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says HRF’s Alex Gladstein
9.3.2021
While central banks are focusing on creating more stimulus and economists expect inflation in the U.S. to rise, a number of other countries are suffering from considerable inflation right now. On Monday, the chief strategy officer for the Human Rights Foundation, Alex Gladstein, explained that...
Bitcoin Balances on Exchanges Are Draining, Leading Platforms See $10 Billion in BTC Withdrawn in 4 Months
9.3.2021
Bitcoin prices have regained momentum during the last two days as the price per coin touched a March 2021 high at $54,822 on Tuesday morning (ET). Back in December 2020, it was noted that bitcoin on exchanges dropped to a three-year low and this year bitcoin exchange balances continue to plummet....
Bitcoin whales 'bought the dip' as orders for $100K or more hit all-time highs
9.3.2021
There's no shortage of demand for Bitcoin, even at $50,000, as big buyers dwarf smallholders in the latest stage of the bull run
Bitcoin price cracks major resistance as analyst eyes $70K 'destiny'
9.3.2021
An overnight move higher sees local highs of $54,500 and fresh hope that support levels will now focus on $50,000
Bitcoin price breakout imminent: Why BTC bulls and bears are battling at $52K
8.3.2021
Bitcoin must overcome a big hurdle at $52,000 for any chance to break new highs in the short term
Beware the ides of March: Bitcoin slumps as Treasury yields and the Dollar rise again
8.3.2021
Bitcoin sees weakening momentum as the U.S. dollar recovers and Treasury yields rise
Bitcoin closes its second-best week ever: 5 things to watch in BTC this week
8.3.2021
$50,000 support remains elusive but data suggests that the Bitcoin bull run is still "sustainable" with few sellers lined up