Bullish case for Ethereum strengthens as exchange ETH outflows outpace Bitcoin
Ethereum exchange reserves are falling quickly with outflows hitting yearly highs and boosting market sentiment around ETH. Go to Source Powered by WPeMatico
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Bitcoin is now worth more than Visa and Mastercard combined
The largest cryptocurrency also recently beat the world’s three biggest banks by market cap, data confirms. Go to Source Powered by WPeMatico
‘Inhospitable to capitalism’ US can target those ditching dollar for Bitcoin — Ray Dalio
Investors should reduce dollar exposure, the billionaire says, as MicroStrategy’s Saylor describes Bitcoin as the “obvious solution.” Go to Source Powered by WPeMatico
MLB Club the Oakland A’s Is Now Accepting Bitcoin for 2021 Season Passes
The professional baseball team the Oakland Athletics (A’s) has announced that the ball club is now accepting bitcoin for season tickets. Now through opening day, a set of six Oakland A’s full season suites can be purchased with a single bitcoin, which is currently a discount in comparison to the regular cost. Oakland Athletics Is … Read more
Chasing Liquidity Pools: Crypto Assets and Defi Apps Can Give Yields Up to 400% Annually
While cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized finance (defi) applications can give a yearly ROI upwards of … Read more
Valkyrie Hopes to Launch ‘Innovative Balance Sheet ETF’ Backed by Companies Exposed to Bitcoin
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 a prospectus for an ETF with the SEC based on companies that hold the leading … Read more
A Review of the SecuX W20 Cryptocurrency Wallet
Security is one of the top concerns for any newcomers in world of crypto. As digital assets grow in prominence and popularity, it is more important now than ever to ensure the safety of your holdings against the increasing hacking and phishing scams. Today wallets designed for this very purpose provide many security and convenient … Read more
Blackrock Executive Says Gold Now Less Effective Hedge Against Inflation
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 “gold’s ability to hedge against inflation has been somewhat exaggerated.” … Read more
Peter Schiff Claims Grayscale Will Sell BTC to Fund DCG’s Acquisition of GBTC Shares Rebuffed
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 will be selling bitcoin to help raise the … Read more
Microstrategy Scoops up 262 Bitcoin, Treasury Holds 91K BTC at an Average of $24K per Coin
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. Microstrategy Tells US Regulators It Swapped $15 Million in Cash for 262 … Read more