Grayscale Investments, the digital asset manager with over $50B in AUM, announced the launch of its 16th investment vehicle – the Grayscale Solana Trust. The company’s press release, dated November 30th, explained that the new Trust will “solely and passively” invest in SOL – the native cryptocurrency of the popular blockchain project, Solana. The product is already available for daily subscriptions by eligible individual and institutional accredited investors. The Grayscale...
Read More »Jack Dorsey Resigns from Twitter: Speculations Arise about His Involvement with Bitcoin
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Read More »Cardano (ADA) Price Analysis: Risk of Fresh Decline Below $1.5
ADA price is trading in a bearish zone below the $1.70 and $1.60 resistance levels against the US Dollar. The price is now trading below $1.60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.65 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.75 resistance zone. Cardano price is struggling below the $1.75 resistance against the US Dollar,...
Read More »Invesco Launches Bitcoin Spot ETP With German Stock Market Operator
Deutsche Borse – a German stock market operator – recently announced the listing of a Bitcoin Spot ETN on its digital stock exchange “Xetra.” The product comes from Invesco, an American investment management company that filed for a Bitcoin futures ETF in the US in August but recently dropped. Invesco’s Spot ETN Deutsche Borse revealed the new product in a press release on Monday. Accordingly, the “Invesco Physical Bitcoin” ETN (ticker: BTIC) offers “physically secured access...
Read More »Industry Panelists: Crypto Adoption Is Going to Grow Tenfold By 2031
According to recent panel data, the global population believes that cryptocurrency adoption is going to grow by 90 percent within the next ten years. Adoption Will Grow Heavily Over the Next Decade Right now, despite crypto’s growing popularity, the number of crypto users in the world is around 300 million people. That’s about four percent of the global population. The panel in question was composed of several financial experts including Richard Byworth, the CEO of...
Read More »Tahinis Restaurant Sees Massive Profit Thanks to BTC Investing
In 2020, the coronavirus pandemic had horrible effects on businesses throughout the world. Many companies began shutting their doors permanently due to the rampant trouble the pandemic presented for the global economy, but not every enterprise had a hard time. One restaurant called Tahinis – located in Canada –made quite a bit of profit during 2020, and it has bitcoin and crypto to thank. Tahinis Sees BTC Profits Explode Based in London, Ontario, Tahinis has made a name...
Read More »Crypto Firm Coinme Still Puts Cash Above Other Financial Tools
Bitcoin and cryptocurrencies are becoming far more popular as of late, but as this space grows, it is becoming clear that cash is still at the top of the financial ladder. Fiat currencies like USD are the primary tools that Americans rely on, and Coinme – a digital currency platform – is recognizing this. Thus, the company wants to make transfers between both cash and crypto as smooth and as easy as possible. Coinme Still Believes Cash Is at the Top Neil Bergquist – the...
Read More »Bitcoin Price Analysis: First Bullish Signs Following the Weekly Close
After a wild week of volatile price swings, BTC managed to hold the key support at $57.1K, closing the weekly candle at $57.3K. Bulls pushed the price higher, heading into the weekly close, and manage to liquidate a lot of short positions. For the near term, it’s still too early to confirm a bottom as we have to see how stocks trade this week. Chart by TradingViewThe Technicals Long-term technicals remain bullish as BTC continues to make higher highs and higher lows. For the...
Read More »Jack Dorsey Steps Down as Twitter CEO
The price of Twitter shares shot up by double digits as news broke that the CEO of the social media giant – Jack Dorsey – has decided to quit. CNBC reported, and later was confirmed by Jack Dorsey himself on twitter, the breaking news about Jack Dorsey’s decision to step down as the chief executive officer of Twitter. The news comes as somewhat of a surprise at the moment, given the support Dorsey had. Last year, reports emerged that Paul Singer – billionaire investor and...
Read More »Winecoin à Bordeaux
« Le Winecoin est un meetup détente sans aucune présentation ou sujet particulier. C’est l’occasion de boire un verre et de discuter de monnaies décentralisées, Bitcoin et de sujets adjacents. Cette évènement se répétera toutes les deux semaines et aura généralement lieu au Café Français. La rencontre dure en général deux heures ou plus pour ceux qui voudraient partager un repas ! » Où ? – The...
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