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The $275 billion company has filed an SEC amendment to allocate over $500 million from the Macro Opportunities fund to Grayscale’s GBTC Source link
Read More »Guggenheim Partners prepares to dip investment fund’s toes into Bitcoin
Bitcoin Climbs 5%, Why $18.2K Holds The Key For More Upsides
Bitcoin price started a fresh increase from the $16,200 support zone against the US Dollar. BTC is up 5% and it is trading above $17,500, but facing a major resistance at $18k and $18.2k. Bitcoin started a fresh upward move above the $17,000 and $17,200 levels. The price is now …
Read More »KP2R Network: A Decentralized Marketplace for Developers
PRESS RELEASE. The past decade has witnessed a revolution in traditional finance led by the utilization of blockchain technology. Blockchain technology has shown greater use cases since the development of leading coin Bitcoin. It has been used in different sectors of world economics including, health, agriculture, supply management, finance and …
Read More »UCC Coffee Integrates IBM-Powered Blockchain Solution for Supply Chain Traceability
UCC Coffee, a UK coffee manufacturer has partnered with fintech company Farmer Connect, to integrate the latter’s IBM blockchain-powered coffee tracking solution to trace one of its coffee brands. Tracking Coffee Supply Chain with Blockchain Technology According to a report by Verdict on November 26, 2020, the coffee manufacturer has …
Read More »CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market
Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month after month as incoming interest has created …
Read More »Ethereum Likely Set Its Local Low for the Year as Buyers Defend $500
Ethereum has been flashing signs of immense strength today, with the cryptocurrency surging up towards $550 as bulls try to erase the recent losses that came about due to the recent market-wide selloff. This comes as Bitcoin also shows some signs of strength, with the benchmark cryptocurrency navigating towards $18,000 …
Read More »Chinese Police Seize $4.2 Billion in Multiple Cryptocurrencies From Plustoken Ponzi Clampdown
Chinese police have seized more than $4.2 billion worth of crypto assets in its clampdown against the Plustoken Ponzi scheme. According to a court ruling made public on Nov. 26, and shared by The Block, law enforcement confiscated a total of 194,775 bitcoin (BTC), 833,083 ether (ETH), 1.4 million litecoin …
Read More »Nouriel Roubini Slams Bitcoin After Initially Calling It a Partial Store of Value
Dr. Nouriel Roubini, a notorious Bitcoin critic, and economic analyst has yet again cautioned institutions and retailers against investing in the digital currency. He cited the recent drop in the price of the coin and the fact that it is too volatile to be useful as a store of value. …
Read More »Hash War: Mystery Miner’s Empty Block Attack Makes ABC’s New Blockchain Almost Unusable
According to various reports, the Bitcoin ABC pro-IFP chain has been under ‘attack’ for a number of consecutive days now. The mystery miner has been mining a great number of sequential blocks, but almost all of them have been empty. The miner who calls himself ‘Voluntarism.dev’ says the mining operation …
Read More »Here are the Crucial Levels Bitcoin Must Break to See an Explosive Move Higher
Bitcoin has seen a strong move higher throughout the past day, with bulls aiming at reversing the recent market-wide selloff as the cryptocurrency begins pushing higher. Where it trends next will likely depend largely on whether or not bulls can maintain the ongoing uptrend as the weekly candle close fast …
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