Bitcoin (BTC)

Tether Holdings Limited, the company behind Tether (USDT), has published a testimony yesterday from an insurance company that claims the stablecoin is “fully backed” but without disclosing what kind of assets are backing up the currency. Moore Cayman, an insurance company located in the Cayman Islands, testified for Tether, stating that the stablecoin is fully backed with undisclosed reserves. The document examines several aspects of Tether, indicating that its consolidated...

With so many companies getting involved in the bitcoin-based exchange-traded fund (ETF) game as of late, it makes sense that a large financial firm such as Fidelity Investments would throw its wrench into the pot. Fidelity Is Looking to Establish a Bitcoin ETF Fidelity was one of the first financial brokers to offer digital currency trading and storage services to its clients in 2018. Now, it’s cementing its status even further as the ultimate crypto haven by preparing...

Shortly after announcing plans to enable its institutional customers access to the first-ever cryptocurrency, Morgan Stanley has doubled down by filing documents with the SEC to allow 12 of its funds to gain BTC exposure through the Grayscale’s Bitcoin Trust or cash-settled futures.  CryptoPotato reported back in February that a unit of Morgan Stanley Investment Management called Counterpoint Global explored whether or not to enable its investors to receive access to BTC. ...

Bitcoin price has not reacted majorly on the Fools’ Day pranks as it was trading around $59,289.26 according to CoinMarketCap.April Fools’ Day 2021 was full of surprises to many in the digital assets industry, particularly Bitcoin as a cryptocurrency. Notably, some of the surprises had a literal impact on the crypto market whilst others were mere hoaxes.For example, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk posted an interesting tweet.SpaceX is going to put a literal Dogecoin on the literal...

[PRESS RELEASE – Please Read Disclaimer]  [Hong Kong/April 1st, 2021] – as.exchange, the innovative derivatives exchange, today announces the launch of a peer-to-peer (P2P) trading feature on its platform with the purpose of empowering users to buy and sell cryptocurrency from one another, making trading easier than ever before. By facilitating secure direct fiat-to-crypto and crypto-to-fiat trades between users and merchants, the P2P marketplace advances crypto adoption...

The first quarter of 2021 was no doubt one of the most thrilling in bitcoin history. It started on a high note and closed it with the same vibe. Despite the periodic price drops that BTC experienced, Q1 of 2021 came out the best since Bitcoin’s inception. Historical data shows that Q2 has been even better, raising the question if bitcoin would be heading further north. The Best Q1 Ever The end of March signified the end of the first yearly quarter. Bitcoin ended the quarter...

EOS started a fresh increase from the $4.000 support zone against the US Dollar. The price is currently trading well above the $4.500 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $4.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could correct lower, but it is likely to resume its upward above the $5.000 resistance zone. EOS price is showing bullish signs above $4.500...

A l’issue du conseil défense réuni hier, le premier ministre a annoncé une série de mesures destinées à préparer la population et le pays à une nouvelle hausse du cours du bitcoin : moratoire fiscal, allègement des contraintes pesant sur les sociétés spécialisées dans l’achat/vente d’actifs numériques et déploiement de comptoirs mobiles dans tout le territoire. Le constat est sévère : alors que de nombreux britanniques et autant...

Avanti Financial – a financial services provider based in the United States – has managed to raise an impressive $37 million in new money through a Series A funding round. The company plans to utilize the funds to establish a cryptocurrency bank for family offices and top-tier investors. Avanti Financial Is Raking in the Dough Cryptocurrency is getting closer and closer to mainstream territory. Over the past several months, one of the consistent signs of this is the fact...

One of the big problems with bitcoin as of late is that it hasn’t become very energy conscious. Many companies and individuals alike complain that mining the currency is causing huge problems for our environment, and they want to make sure the planet is still in a healthy place in the future. Now, firms such as DMG Blockchain Solutions and Argo Blockchain are taking these worries to heart and looking to create an entirely new green sector for the mining space. Argo...