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Fidelity Amasses over $100 Million from 83 Investors for its Bitcoin Fund
One of the world’s largest asset managers, Fidelity Investments' Bitcoin Fund raised $102 million from investors since its launch in August last year. According to the filing with the US Securities and Exchange Commission (SEC), the asset manager amassed a total of $102,350,437 from 83 investors with a minimum investment of $50,000 each, in a […] The post Fidelity Amasses over 0 Million from 83 Investors for its Bitcoin Fund first appeared on BitcoinExchangeGuide. дальше »
2021-5-27 18:21 | |
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DBS says Bitcoin No Longer a Fringe Asset, It is Now Fueling Volatility in US Stocks
The volatility in Bitcoin is now fueling the volatility in US stock futures, according to a study by Singapore’s DBS Group Holdings Ltd. DBS’s Chief Economist Taimur Baig and Macro Strategist Chang Wei Liang wrote that S&P 500 contracts tend to register bigger swings after the leading cryptocurrency spiked up or down by 10% in […] The post DBS says Bitcoin No Longer a Fringe Asset, It is Now Fueling Volatility in US Stocks first appeared on BitcoinExchangeGuide. дальше »
2021-5-27 15:21 | |
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Chia Is Eyeing to Launch an IPO This Year
Chia, a cryptocurrency project created in 2018 that uses storage for its consensus, is eyeing a public offering this year, according to statements from its COO, Gene Hoffman. The company just received an influx of investments that are pointing it to become the next ‘green bitcoin substitute,’ due to its relatively low energy consumption compared […] дальше »
2021-5-27 13:00 | |
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Crypto Asset Firm One River Files for Carbon-Neutral Bitcoin ETF
Amid growing debate surrounding Bitcoin’s high energy consumption, one asset manager is looking to create a more environmentally conscious Bitcoin exchange-traded fund. According to SEC filings from earlier this week, One River Asset Management joins a growing list of firms looking to create their own Bitcoin ETF — but with a catch. The digital asset […] дальше »
2021-5-27 12:06 | |
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Little Green Mining Hood or the Big Bad Wolf: Musk’s Sustainability Play
Recent announcements and actions by Elon Musk surrounding bitcoin mining sustainability raise questions about the reasoning and motivations of Tesla’s Technoking. Is it possible that Musk is playing a calculated marketing game to introduce a Tesla mining solution? The World of Bitcoin Mining According to Musk Once upon a time, for 49 days, the world […] дальше »
2021-5-27 11:30 | |
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Chinese Traders Still a Major Influence the Crypto Market, According to Experts
Chinese traders still exert a major influence in the cryptocurrency market, even with all the distinct issues they must now face to operate. This is the opinion of several experts in the field that have weighed in on how the recent prohibitions and ban proposals from China are really affecting how Chinese bagholders that conduct […] дальше »
2021-5-27 10:00 | |
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Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft
A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some users to bypass the requirements and […] дальше »
2021-5-27 06:30 | |
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Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’
Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities. дальше »
2021-5-27 23:00 | |
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BlackRock ‘Studying’ Bitcoin’s Infrastructure and Regulatory Landscape says CEO
According to Larry Fink, it’s too early to determine if cryptocurrencies are “just a speculative trading tool.” The post BlackRock ‘Studying’ Bitcoin’s Infrastructure and Regulatory Landscape says CEO first appeared on BitcoinExchangeGuide. дальше »
2021-5-27 21:27 | |
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Iran Government Blames Bitcoin Miners For Power Outages, Bans Crypto Mining For 4 Months
Bitcoin miners have been on the hot seat this year. The market recently reacted to the Chinese government cracking down on mining activities with investors rolling out cash from the Bitcoin market. The unrest seems to be far from over as the Iranian government has also clamped down on cryptocurrency activities in the country. According […] дальше »
2021-5-27 20:46 | |
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Nothing but lies – Banks Contribute to more Global Pollution than Bitcoin
The banking system has always been against virtual currencies like bitcoin, and they repeatedly use it to raise concerns about mining activities harming the environment. Still, according to the latest report presented by Greenpeace and WFF, it is found that banks themselves have contributed to a majority of climate chaos. дальше »
2021-5-27 18:26 | |
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‘Mr. Wonderful’ Kevin O’Leary Believes DeFi Is the Next Big Thing
The decentralized finance (DeFi) space has picked the attention of Kevin O'Leary of Shark Tank fame. O’Leary Floats DeFi Startup Bitcoin may be the prime dog, but DeFi is the next big thing. According to Canadian businessman and television personality Kelvin O’Leary who was once a crypto critic like his colleague Mark Cuban a few […] The post ‘Mr. дальше »
2021-5-27 17:46 | |
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The U.K. Renders “Time to Buy” Bitcoin Advertisements Misleading
The Advertising Standard Authority, an independent regulatory body in the U. K, banned Luno exchange’s ad encouraging individuals to purchase Bitcoin. According to the watchdog, the posters only urge people to buy the dominant coin but exclude the risks involved in acquiring one. дальше »
2021-5-27 16:30 | |
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What does CoinCraddle intend to achieve?
Its main goal is to make crypto trading accessible to everyone, no matter how advanced the user is. According to the research conducted by the Cambridge Center for Alternative Finance, there are now about 100 million people who own cryptocurrencies. дальше »
2021-5-26 14:53 | |
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Dfinity launches $223 million grant to build blockchain internet
The Dfinity Foundation has announced it will be supporting more developers on The Internet of Computer (TIC), a new blockchain system, through a $223 million grant. According to Dfinity Foundation, the new project will enable decentralized services at higher speeds on made-for-purpose machines in data centers around the world. дальше »
2021-5-26 13:34 | |
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Michael Saylor refutes claims that new mining council could centralize Bitcoin (BTC)
Chairman and Chief Executive Officer of Microstrategy Michael Saylor have disputed claims that the newly-formed Bitcoin Mining Council will lead to Bitcoin (BTC/USD) centralization. According to him, the Council was formed to provide a solution to the problem of Bitcoin’s energy usage. дальше »
2021-5-26 12:54 | |
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Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’
One of Zimbabwe’s biggest financial institutions, CBZ Holdings says it is looking at ways it could “leverage cryptocurrencies and other emerging digital innovations. ” According to the financial institution’s chairperson, Marc Holtzman, CBZ “is open-minded about new innovations, as these could open up new opportunities going forward. дальше »
2021-5-26 08:00 | |
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Augur Joins Forces with Polygon & Chainlink to Launch Augur Turbo
Augur has tapped Polygon (MATIC) and Chainlink (LINK) to launch the Augur Turbo decentralized betting platform. The team claims Augur Turbo is designed to offer users frictionless & super past bet resolution, cost-efficiency, and more, according to a blog post on May 24, 2021. дальше »
2021-5-26 01:00 | |
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Fund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF
On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U. S. Securities and Exchange Commission (SEC). According to the Form S-1 filed, One River wants to list a carbon-neutral bitcoin ETF on the New York Stock Exchange (NYSE). дальше »
2021-5-26 21:30 | |
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Blockchain-Startup Dotmoov Onboards Football Legends Luis Figo and Ricardo Quaresma as Brand Ambassadors
Blockchain startup dotmoovs has announced Portuguese football legends Luis Figo and Ricardo Quaresma as brand ambassadors. This move, according to dotmoovs will help provide added exposure to its app. дальше »
2021-5-26 21:09 | |
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Crypto Platform Currency.com Welcomes Steve Gregory to its Senior Leadership Team
European-based cryptocurrency trading platform Currency. com has announced the appointment of Steve Gregory as the head of its United States business. According to the firm, Gregory is a former Chief Compliance Officer and Corporate Counsel at the global spot market exchange, CEX. дальше »
2021-5-26 20:32 | |
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Overline Aims to Build World’s Largest NFT Museum
According to Overline chairman Todd Morley, the project will enable decentralized wireless communication across the city. The post Overline Aims to Build World’s Largest NFT Museum appeared first on BeInCrypto. дальше »
2021-5-26 18:41 | |
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China Announces Huge Crackdown on Cryptocurrency Mining
According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies. дальше »
2021-6-8 17:44 | |
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Ray Dalio: Bitcoin’s Greatest Risk Is Its Success
Bitcoin’s success could potentially find it in the crosshairs of governments, according to Ray Dalio, founder of Bridgewater Associates. The post Ray Dalio: Bitcoin’s Greatest Risk Is Its Success appeared first on BeInCrypto. дальше »
2021-5-25 15:02 | |
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Ark Investment Maintains Faith in Bitcoin, Invests $20M in BTC
According to a filing with SEC, Ark Invest, a hedge fund focusing on innovative development, has purchased $19,872,939 worth in bitcoin. Kellen Carter, Chief Compliance Officer of Ark Invest said that the ARK Cryptocurrency US Fund LLC requires a minimum investment of one million dollars as it has already received close to 20 million dollarsRead More дальше »
2021-5-26 12:00 | |
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Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports. дальше »
2021-5-25 02:00 | |
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Daily Cryptocurrency Exchange Trade Volume Taps All-Time High, Stablecoin Swaps Dominate
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1. 76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market aggregators shows over $300 billion in 24-hour volume. дальше »
2021-5-25 22:00 | |
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Former US Treasury Secretary says Crypto is “Here to Stay” as a “Kind of Digital Gold”
According to Lawrence Summers, “Crypto has a chance of becoming an agreed form that people who are looking for safety hold wealth in.” The post Former US Treasury Secretary says Crypto is “Here to Stay” as a “Kind of Digital Gold” first appeared on BitcoinExchangeGuide. дальше »
2021-5-24 20:02 | |
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German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’
Last week’s crypto market meltdown has proved yet again that “the value of Bitcoin is entirely based on wishful thinking,” according to a research note recently published by Deutsche Bank analysts. дальше »
2021-5-24 19:00 | |
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A $42,000 Bitcoin Ahead as Bulls Wreck Leveraged Bearish Positions
A surprising price recovery in the cryptocurrency market led by Bitcoin caught bears on the wrong side of the trade this Monday. Bears lost $1 billion on their leveraged short bets, according to data provided by ByBt. дальше »
2021-5-24 17:56 | |
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It’s not the first time – HSBC responds to China’s recent crypto regulation
According to Paul Mackel, global head of FX research for HSBC, the latest move by China to clamp down on cryptocurrency trading is not a “new development” He stated that the country has always put a strong regulatory framework on cryptocurrencies. дальше »
2021-5-24 14:45 | |
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Ethereum Miners Making Huge Gains Despite Crypto Market Bloodbath
While the global cryptocurrency market is presently experiencing a serious correction, Ethereum miners have continued to make a fortune from their ether (ETH) mining activities. According to data released by The Block Research on May 23, 2021, ETH miners have generated about$1. дальше »
2021-5-24 14:30 | |
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Korea approaching CBDC launch with a trial project
South Korea’s central wants to carry out a testnet for its central bank digital currency (CBDC). According to the announcement, the main reason for the test is to test whether CBDC can be used for settlement and remittance for goods and services. дальше »
2021-5-24 13:18 | |
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BTC Mining Devices ‘Out of Stock’ Worldwide- 6 Chinese Mining Rig Makers Dominate the ASIC Industry in 2021
While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing application-specific integrated circuit (ASIC) machines. дальше »
2021-5-24 23:00 | |
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Goldman Sachs studies crypto as an asset class—a year after stating the opposite
Major American investment bank Goldman Sachs has seemingly recognized that cryptocurrencies are an emerging new asset class after all—despite stating otherwise just a year ago, according to its recent report. дальше »
2021-5-24 21:15 | |
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Search query ‘Should I sell my Bitcoin’ skyrockets on Google Trends
Cryptocurrency-related search queries have surged in popularity to a new all-time over the past week—but not for positive reasons, according to Google. The post Search query ‘Should I sell my Bitcoin’ skyrockets on Google Trends appeared first on CryptoSlate. дальше »
2021-5-24 15:28 | |
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Iran Is Using Bitcoin Mining To Lessen Effect Of Sanctions, New Study Reveals
Iran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U. S. and other countries have applied to the country since 2006, according to a new study by Elliptic, a blockchain analytics and financial crime compliance firm. дальше »
2021-5-23 14:31 | |
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Iran Is Using Bitcoin Mining to Circumvent Sanctions, According to Elliptic
Iran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U. S. and other countries have applied to the country since 2006, according to a new study by Elliptic, a blockchain analytics and financial crime compliance firm. дальше »
2021-5-23 13:00 | |
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Data Suggests Fed’s MBS Operations and Wall Street Investors Behind Inflated US Real Estate Market
The Federal Reserve and America’s big banks have significantly inflated home prices across the U. S. according to a number of statistics. In many towns across the nation, home sales are facing bidding wars and certain regions are seeing property shortages. дальше »
2021-5-23 21:00 | |
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China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst
China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens. дальше »
2021-5-23 19:00 | |
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Nigeria Bureau De Change Association Boss Accuses Speculators of Destabilizing the Naira— Says Central Bank Funding Will End Currency Woes
According to the head of the Nigerian group of bureau de change operators, the naira’s continued fall on the parallel market is down to the activities of speculators. However, Aminu Gwadabe, the president of the Association of Bureau de Change Operators of Nigeria (ABCON), suggests that only a “massive funding” of bureau de change (BDC) […] дальше »
2021-5-22 15:00 | |
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What is Manchester City up to in the NFT space lately?
English Premier League champions Manchester City will be releasing an NFT collection to celebrate their title win, according to reports. The club, which is also the reigning EFL Cup champions, will be launching the collection in collaboration with NEM Group, with the help of Liverpool legend Sir Kenny Dalglish and former African player of the […] The post What is Manchester City up to in the NFT space lately? appeared first on Invezz. дальше »
2021-5-22 14:13 | |
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France Rejects Russian Request to Extradite BTC-e Operator Alexander Vinnik
Judicial authorities in France have refused to grant the extradition request filed by Russia for Alexander Vinnik. According to the Russian Ombudsman, Vinnik is now ready to start a new hunger strike despite his health deteriorating after spending almost four years in detention. дальше »
2021-5-22 07:00 | |
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Ex-Ripple exec Jed McCaleb dumped over $310 million in XRP this month
Jed McCaleb, former CTO and co-founder of payment network Ripple (XRP) and current CEO of Stellar (XLM), has sold roughly 275 million XRP since early May as part of his daily “dumping. ” The great XRP dump According to blockchain explorer XRPScan, McCaleb received just over 442 million XRP from Ripple on May 2. дальше »
2021-5-22 07:00 | |
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Cryptocurrency Exchange ShapeShift Reveals Gas Fee Mitigation Functionality With FOX Token Rewards
Non-custodial exchange ShapeShift has announced new functionality to help decentralized finance (DeFi) users on its platform cut costs. FOX Holders To Be Rewarded According to a blog post on its website, ShapeShift says that users will now reduce their gas fee trades by holding their native token FOX. дальше »
2021-5-22 22:27 | |
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