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Moore Cayman: Tether (USDT) Stablecoins Fully Collateralized
Moore Cayman has confirmed that the USDT stablecoins being issued by Tether are fully backed by the firm’s cash and cash equivalents. In an independent report released on August 10, 2021, auditing firm Moore Cayman, stated that Tether had a total of nearly $63 billion in assets as of June 30, 2021. USDT Fully BackedRead More дальше »
2021-8-10 15:00 | |
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Ethereum Burn Rate Could Destroy $5 Billion Per Year
It has now been almost a week since the Ethereum London upgrade launched and over 20,000 ETH have been destroyed, giving analysts an estimation of a yearly burn rate. The post Ethereum Burn Rate Could Destroy $5 Billion Per Year appeared first on BeInCrypto. дальше »
2021-8-10 08:51 | |
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Axie infinity becomes the first game to sell over $1 billion in NFT sales, is it worth investing in?
Axie Infinity AXS/USD is one of the most viral games on Ethereum, where almost a fifth of its sales took place within the last week and three quarters ended up getting concluded within the past month. дальше »
2021-8-10 21:51 | |
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Ethereum’s Latest Upgrade Sees Ether’s (ETH) Price Go Over $3,100
Ether, the native coin of the Ethereum blockchain, had an intense week as Ethereum’s London hardfork went on successfully. In just five days, Ether’s price climbed from below $2,500 to almost $3,200, and its market capitalization surged to $365 billion. дальше »
2021-8-10 21:00 | |
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Tether Fully Backed with Reserves Also Held in Digital Tokens and Precious Metal: New Assurance Report
Tether Holdings Limited has released an assurance report by Moore Cayman on Monday for the period ending June 30, as per its continued commitment to transparency. As of writing, with a market cap of almost $63 billion, USDT accounts for 57% of the stablecoin market share. дальше »
2021-8-10 16:36 | |
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Bitcoin, Ether, Major Altcoins – Weekly Market Update August 9, 2021
The total crypto market cap added $242 billion to its value for the last seven days and now stands at $1,849 billion. The top 10 coins were all in green for the same time period with Uniswap (UNI) and Dogecoin (DOGE) leading the pack with 27. дальше »
2021-8-10 15:00 | |
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Chainalysis: Chinese sent $2.2 billion worth of cryptocurrency to fraudulent addresses
Chinese addresses sent more than $2.2 billion worth of cryptocurrency to addresses linked to illegal activities between April 2019 and June 2021, according to the latest report from analyst firm Chainalysis. дальше »
2021-8-14 13:33 | |
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Bitcoin Miners’ Margins Rise Significantly Thanks to China Crackdown, But Ether Miners’ Revenue Outpacing BTC’s
Bitcoin miner revenue jumped 15. 8% in July to $971. 83 million. This increase in miner revenue came after three consecutive months of drop following the all-time high of $1. 75 billion in May. Daily bitcoin miner revenue (7DMA) is also on the rise since a low of $20. дальше »
2021-8-9 01:07 | |
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Axie Infinity Surpasses $1 Billion in All-Time Trading Volume
Non-fungible token (NFT)-based video game Axie Infinity has hit a brand-new milestone as its all-time trading volume totals over $1.1 billion. The post Axie Infinity Surpasses $1 Billion in All-Time Trading Volume appeared first on BeInCrypto. дальше »
2021-8-9 19:11 | |
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Here’s What Happens To All Of The Crypto Assets The IRS Seizes
Crypto continues to be a controversial asset when it comes to the law and crime. Just this fiscal year alone, the IRS has seized $1. 2 billion worth of cryptocurrency. The U. S. government started seizing crypto assets during the Silk Road shutdown of 2013. дальше »
2021-8-7 20:00 | |
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Market Players Decry New Tax Bill That Could “Crush” Crypto Market
It is no longer news that the US Senate plans to pass a new Bipartisan Infrastructure Bill that will cost an estimated $1. 2 trillion and has a provision that will see the cryptocurrency industry taxed to raise around $28 billion of the amount. дальше »
2021-8-8 17:48 | |
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Multibillion-Dollar Crypto Fund Boss Takes Bitcoin Seriously, Says Its Underlying Tech Is Reshaping The World As We Know It
Marc Andreessen, co-founder, and general partner at Andreessen Horowitz is unfazed that Nakamoto’s creation, Bitcoin is the greatest and most successful innovation of this generation. Speaking to Bloomberg on Wednesday, the fund manager who has been investing in crypto assets since 2013 and his firm raised more than $3 billion across its three crypto funds […] дальше »
2021-8-8 16:27 | |
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AAVE, COMP are fueling DeFi lending, but will 'caveat emptor' do the trick
Since the summer of 2020 triggered the DeFi market, it has grown by 40 times. In fact, at the time of writing, the total value locked was as high as $73.39 billion. Most of these funds are contained iThe post AAVE, COMP are fueling DeFi lending, but will 'caveat emptor' do the trick appeared first on AMBCrypto. дальше »
2021-8-7 14:30 | |
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Chinese Investors Lose Over $2 Billion To Cryptocurrency Scams
Cryptocurrencies including Bitcoin have gained some notoriety for their use in fraudulent activities. It seems the problem is still lingering as a recent report has revealed alarming amounts of scams facilitated by cryptocurrencies. дальше »
2021-8-6 20:47 | |
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Bitcoin Transaction Volume Up 94% In A Week As On-Chain Activity Hits Record low: What This Means For BTC’s Trajectory
The weekly Bitcoin transactional volume is up 94% with the network seeing $9. 1 billion of value transacted per day. Although the transaction volume rose sharply last week, the network is seeing a relatively low transaction count at the rate of 200k transactions daily according to Glassnode analysts. дальше »
2021-8-6 20:20 | |
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$1 trillion market cap is inevitable, but should Bitcoin expect this too
Diminishing Returns. A two-word term that is often attached to billion or trillion dollar-valued assets. Over the past few months, one can argue that Bitcoin is falling under the same bracket as weThe post $1 trillion market cap is inevitable, but should Bitcoin expect this too appeared first on AMBCrypto. дальше »
2021-8-5 19:30 | |
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Why Squares’ $29 Billion Afterpay Acquisition Deal is the Biggest Thing for Bitcoin Right Now
Square is relentless in its efforts to increase the adoption rate of Bitcoin and it already seems to be paying off for both the payment giant and the Bitcoin market. Square is beginning to earn the title of one of the most valuable companies in the Bitcoin market and it seems the company is not […] дальше »
2021-8-6 19:02 | |
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Asset Manager Files for a Bitcoin ETF But Won’t Invest Directly in BTC to Appease SEC Chair
Investment manager Invesco, which has $364 billion in assets under management (AUM), has become the latest company to file with the US Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) that will offer exposure to Bitcoin and other assets. дальше »
2021-8-5 18:23 | |
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Spot Volume Fell to Lowest Level of 2021; Derivatives Continue to Gain Market Share with NFTs
The decline in volatility in July with the price of Bitcoin remaining subdued between $35k to $40k, reflected in the on-chain metrics. Total adjusted on-chain volume, as expected, took a significant drop over 29% to a seven-month low of $405 billion. дальше »
2021-8-5 16:22 | |
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Why DACH could be the key to injecting $657B into cryptocurrencies
Regulatory uncertainty and restrictions have been a bane for the crypto-space for a while. However, in a way, they have also ushered in greater adoption. Consider this - Between $100 billion and $657 The post Why DACH could be the key to injecting $657B into cryptocurrencies appeared first on AMBCrypto. дальше »
2021-8-5 15:00 | |
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Gaming and Gather: How This Platform Incentivizes a Rapidly Growing Industry
Gather Network provides a win-win opportunity for gamers, content creators, and enterprise clients on its innovative platform. With online gaming and Esports exploding in popularity in recent years, Fortune 500 company Accenture this year reported that the full value of the gaming industry now exceeds $300 billion. дальше »
2021-8-5 14:00 | |
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Bitcoin and Ether Market Update August 5, 2021
The total crypto market cap lost $25 billion from its value for the period since Monday and now stands at $1. 58 trillion. The top ten coins are mostly flat for the last 24 hours with Polkadot (DOT) leading the group with a 4. дальше »
2021-8-5 13:00 | |
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Genesis Records 13 Consecutive Quarter of Growth, Reports Rotation Out of BTC into ETH While DeFi Attracts Funds
New loan originations at Genesis increased over 60% to hit an ATH of $25 billion in Q2, and while utilization of BTC loans sees compression, “the market is currently flush with investors looking for yield. дальше »
2021-8-5 20:56 | |
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$162 Billion Asset Manager Files for a Crypto Basket ETF
Victory Capital Management, the wholly-owned investment advisor of Victory Capital Holding, which has $161. 9 billion in assets under management, has launched the Victory Hashdex Nasdaq Crypto Index Fund LLC. дальше »
2021-8-5 20:16 | |
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Jack Dorsey’s Square Takes In Over Half A Billion Dollars From Cash App Bitcoin Services In Q2
Bitcoin, the largest cryptocurrency by market valuation and obviously the most publicized has also been largely adopted by investors and enthusiasts. However, some institutional investors have been slow to bank on the asset class due to fears of the asset’s high volatility which has been noted to be between 60% and 100% over its lifetime […] дальше »
2021-8-5 18:49 | |
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Bitwise Unveils Institutional-Grade DeFi Funds for Aave (AAVE) and Uniswap (UNI)
Digital asset manager Bitwise today announced the launch of two DeFi blue-chip token funds. Bitwise Launches DeFi Products Amid Rising Demand Bitwise, a digital asset management firm with more than $1 billion worth of digital assets under management today unveiled two funds for decentralized finance (DeFi) protocol tokens, Coindesk reports. The two funds, based onRead More дальше »
2021-8-3 19:00 | |
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Joint Committee on Taxation Estimates $28 Billion from Crypto Taxes to Fund its Infrastructure Plan
The Joint Committee on Taxation estimates to raise $28 billion over a decade to fund its infrastructure plan by strengthening tax enforcement on the cryptocurrency industry. This will be used to offset the package’s $550 billion in new spending for roads, highways, bridges, and other infrastructure projects. дальше »
2021-8-3 17:14 | |
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U.S. Lawmakers Soft-Pedal on Proposed Crypto Taxation Move
Authorities in the United States have narrowed the scope of the proposed bipartisan infrastructure bill which was initially designed to milk out at least $28 billion from the country’s crypto investors to make up the $500 billion they plan to use for infrastructural development, according to reports on July 2, 2021. A New Language AsRead More дальше »
2021-8-3 05:00 | |
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Hillstone: An M&A Fund Breaking Barriers of Entry in the Financial Markets
A new chapter for regular retail traders has come, bringing with it the ability to maneuver the financial markets in the same way as accredited investors. The past decade has seen explosive growth in venture capital investment with records showing a whopping $118 billion worth of investment in contracting venture capital firms targeting early-stage companies […] дальше »
2021-8-3 19:35 | |
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The Bitcoin Market Is Set For A Mammoth $400 Billion Impulse From German Institutional Funds
There has long been growing interest by institutions to adopt cryptocurrencies; the setback has been regulations that restrict their exposure to the asset class. Germany is paving the way for its institutions to dabble into the crypto sphere. дальше »
2021-8-2 18:19 | |
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Bitcoin Finds Its Way Into $45 Billion Hedge Fund’s Balance Sheet
The list of institutional investors and hedge funds in cryptocurrencies just got a new addition to it. GoldenTree, a hedge fund with over $45 billion under management, has reportedly added Bitcoin to its balance sheet. дальше »
2021-8-2 17:50 | |
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Hedge Fund Bitcoining Investment Strategies While State Street Moves In
GoldenTree a hedge fund with $41 billion in assets under management specializing in high yield bonds, leveraged loans, distressed products and emerging markets debt, has began using bitcoin in their... дальше »
2021-8-2 17:44 | |
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BNPL Firm Afterpay to Offer Bitcoin Purchase Option to Customers Following Acquisition by Jack Dorsey’s Square
Twitter co-founder and CEO Jack Dorsey’s payments company Square Inc. has announced that it will purchase buy now, pay later (BNPL) firm Afterpay for $29 billion, the biggest buyout of an Australian firm. дальше »
2021-8-2 16:22 | |
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Square’s Bitcoin Revenue Tops $2.72 Billion in Q2 and Reports Impairment Loss of $45M
Twitter co-founder and CEO Jack Dorsey’s Square reported another profitable quarter with its Bitcoin yearly revenue surging 200% year over year to $2. 72 billion from $875 million. Bitcoin gross profit meanwhile rose from $17 million to $55 million. дальше »
2021-8-2 16:00 | |
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Bitcoin, Ether, Major Altcoins – Weekly Market Update August 2, 2021
The total crypto market cap added $71 billion to its value for the last seven-days and now stands at $1,608 billion. The top 10 coins were all in green for the same time period with Polkadot (DOT) and XRP (XRP) leading the pack with 31. дальше »
2021-8-2 16:00 | |
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Crypto financial services platform Matrixport closes $100M Series C
The cryptocurrency financial services platform has around $10 billion in assets under management Matrixport,… The post Crypto financial services platform Matrixport closes $100M Series C appeared first on Coin Journal. дальше »
2021-8-2 15:18 | |
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US Government Looks to Increase Revenue By $30 Billion Via Cryptocurrency Taxes
The US government is looking to raise revenue through cryptocurrencies taxation. A new bipartisan $1. 2 trillion infrastructure bill in Congress intends to raise an estimated $28 billion from cryptocurrency tax enforcement measures as one of its financing mechanisms. дальше »
2021-8-2 17:51 | |
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MicroStrategy Secures A Whopping $1.4 Billion In Bitcoin Gains – Not Dumping Anytime Soon
A strong advocate for Bitcoin, Michael Saylor, has restated his bullish stance on the cryptocurrency calling it an open-digital property network, an international trust network as well as the only asset his company, MicroStrategy, needs to have a diversified investment for the long term. дальше »
2021-8-1 23:43 | |
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