New York City-based asset manager Stone Ridge has filed documents with the US Securities and Exchange Commission on behalf of its diversified alternatives fund to introduce BTC as the seventh investment strategy. According to the filing with the SEC, the addition will become effective on April 26th, 2021. However, it doesn’t necessarily mean that the giant asset manager will proceed with its BTC endeavor. The filing enables Stone Ridge to receive exposure for its diversified alternatives...
Read More »Crypto Investment Fund to Sell $750M in Bitcoin for Cardano and Polkadot
Dubai-based cryptocurrency investment fund currently sitting on $1 billion in AUM believes that the value of Cardano and Polkadot will be higher than that of BTC in the upcoming years. Consequently, the fund has announced plans to dispose of $750 million of its Bitcoin holdings and expand its exposure to ADA and DOT instead.Crypto Fund To Replace BTC With DOT and ADAFD7 (Fall Down Seven Times) Ventures describes itself as a crypto-oriented investment fund that “invests in entrepreneurs who...
Read More »Bitcoin Price Analysis: BTC Gets Away From $50K, Downtrend Confirmed?
Bitcoin’s rollercoaster continues today after the primary cryptocurrency fell by $6,240, around 12%, from yesterday’s highs of $52,080. BTC had dipped further this morning but managed to rebound from the support at $44,750 (4-hr 50 MA) and is now trading around $47,000.Yesterday, the coin was looking promising as it attempted to break above a short-term symmetrical triangle pattern. Unfortunately, this proved to be a false breakout, and Bitcoin stalled and reversed at $52,000.Looking at the...
Read More »3 Possible Reasons Why Bitcoin Plunged Over 15% in 24 Hours
The past few days have been rather tough in the cryptocurrency market. The total capitalization has dropped by around $360 billion since February 20th as the major coins take a beating.Bitcoin’s price declined by about $13,000 since its all-time high, and in the past 24 hours alone, it lost around 15% of its dollar value.With this in mind, we take a look at three possible reasons for this crash in BTC’s price.Healthy Correction, Profit TakingRight off the bat, it’s worth noting that the...
Read More »Bitcoin Cash Analysis: Retest of $400 Possible Before Fresh Increase
Bitcoin cash price rallied sharply above $700 before correcting lower against the US Dollar. The price is now trading well below $600 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $660 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down towards $415 and $400 before it could start a fresh increase. Bitcoin cash price is consolidating losses after a sharp...
Read More »LinkedIn plant neuen Marktplatz für Freelancer – Steht die Implementierung von Bitcoin bevor?
Linkedin plant Freelancer-Marktplatz LinkedIn plant einen neuen Marktplatz für Freelancer. Das Angebot soll den bisherigen Service ProFinder ersetzen und bereits ab September zur Verfügung stehen. Vorausgegangen ist eine steigende Nachfrage nach Freiberuflern im Zuge der aktuellen Wirtschaftskrise. Homeoffice und Freelancer sind im Trend. Dabei und gemäss einer Studie wollen...
Read More »Square investiert weitere 170 Millionen USD in Bitcoin
Der Bitcoin kann bereits jetzt auf ein erfolgreiches Jahr zurückblicken. Seit Anfang des Jahres stieg der Kurs von knapp 24’000 € für einen Bitcoin auf fast mehr als das Doppelte. Aktuell gibt es eine kleine Verschnaufpause bei 46’000 Euro, was grosse Investoren jedoch nicht davon abhält, weiter in die Kryptowährung zu investieren. Square investiert bereits zum zweiten Mal in Bitcoin So hat das...
Read More »Berner Fachhochschule: Ein Vorschlag für den Digitalen Euro aus der Schweiz
Durch aufkommende und bereits verbreitete digitale Währungen wie Bitcoin stehen Zentralbanken vor einer wichtigen Entscheidung: Sollen sie zukünftig selbst digitale Alternativen zu physischem Bargeld anbieten oder das Herausgeben von digitalen Währungen privaten Akteuren überlassen? Ein kürzlich veröffentlichtes wissenschaftliches Paper zeigt auf, wie Zentralbanken zukünftig...
Read More »Tether, Bitfinex Settle Major Legal Case in New York
Tether and Bitfinex have settled their case with the New York Attorney General’s office. Both companies have agreed to pay as much as $18.5 million to make the issues of the past finally disappear. The Tether Bitfinex Fiasco Has Come to an End Both companies have been under serious investigation for the last few years after having been accused of working to cover up an $850 million loss of both corporate and client funds. As a result of the settlement, both Tether and...
Read More »Daniel Ives: When Bitcoin Falls, Tesla May Follow Suit
Elon Musk has worked so hard to push bitcoin and to purchase the asset that it’s ultimately tied itself to Tesla shares, according to stock and crypto analyst Daniel Ives of Wedbush fame. Daniel Ives: BTC and Tesla Are Practically One and the Same In a recent interview, Ives says that when Tesla goes up, bitcoin will follow suit and vice versa. Tesla can also expect to see action whenever bitcoin makes a move. Not too long ago, the company purchased as much as $1.5...
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