Bitcoin price steady as $10B asset manager scoops up 10,000 BTC
Stone Ridge follows MicroStrategy in going big on BTC as a report puts the indirect cost of Coronavirus at $16 trillion. Go to Source Powered by WPeMatico
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Jack Dorsey’s Square adds 4,709 Bitcoin to its balance sheet
They went so far as to refer to cryptocurrency as “an instrument of economic empowerment.” Go to Source Powered by WPeMatico
Grammy-nominated record producer joins the Bitcoin club
Multi-platinum record producer buys Bitcoin, is welcomed into the club by Pomp. Go to Source Powered by WPeMatico
Pantera says they’re placing a heavier bet on DeFi than the rest of the market
Despite the recent slump, Pantera believes that most of the growth in the next bull cycle will be generated by DeFi. Go to Source Powered by WPeMatico
$1 Bitcoin investment beats gold and stocks despite 2020 gains
2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. Go to Source Powered by WPeMatico
ETH 2.0 represents a material risk to Grayscale’s Ethereum Trust, says SEC filing
The uncertainties outlined in the document may offer significant insights for Grayscale’s investors. Go to Source Powered by WPeMatico
Bitcoin exchange reserves down $5B in 2020 hints at whale accumulation
Bitcoin exchange reserves dropped by $5 billion in the past year, showing signs of accumulation. Go to Source Powered by WPeMatico
Mark Cuban Wants an Expiration Date on Stimulus Checks: Critics Says Proposal Is Right out of a Banana Republic Playbook
U.S. billionaire Mark Cuban wants the next stimulus check to come with an expiration date in order to force Americans to spend the funds. The businessman believes this “use it or lose it” approach would benefit the U.S. economy as it promotes spending instead of saving. Cuban argues that when consumers are forced to spend, … Read more
Centralized finance is necessary, especially for DeFi crypto investors
Diversification is key to ensuring you will be able to take advantage of every opportunity without incurring too much risk. Go to Source Powered by WPeMatico
DeFi yield farming, explained
Yield farming is one of crypto’s 2020 buzzwords, but what does it mean? Here’s a beginner’s guide explaining the basics — and the complex. Go to Source Powered by WPeMatico