Tag Archives: BTCGBP

Ripple’s CTO, David Schwartz, has been gradually offloading his bitcoin position for years and is currently left with about 2% of his entire stack. During a recent Twitter threat, he outlined the significance of taking profits while blasting the narrative that investors can’t lose money if they don’t sell during a bear market. Ripple’s CTO Remaining BTC Holdings Schwartz took it to Twitter today to explain his views on a famous saying in the investment community indicating...

Despite lacking sufficient institutional demand from its clients, BlackRock’s CEO, Larry Fink, outlined the potential of the cryptocurrency industry, which could become a “great asset class.” He further asserted that crypto investors should not treat digital assets as a substitute for traditional currencies. BlackRock’s CEO Fascinated by Crypto Ever since the start of the current bull market in late 2020, the world’s largest asset manager, BlackRock, has been frequently...

Speaking at a conference with several crypto-friendly corporations, PayPal’s CEO Dan Schulman revealed that the company is looking to expand its crypto-services as digital currencies take a leading role in the financial system. Schulman joined the “2021 Blockchain 50 Symposium: Crypto Goes Corporate“, together with dozens of executives from the technological and financial space, including Michael Saylor from MicroStrategy Cuy Sheffield, Head of Crypto at Visa. Less Cash, More...

Paying homage to Satoshi Nakamoto and his message embedded in the Bitcoin Genesis Block in 2009, Coinbase has done the same today. On the day they’re set to become a publicly traded company, the exchange asked a large Bitcoin mining pool to embed a note in the Bitcoin blockchain in regards to the latest stimulus bill.  When launching the Genesis Block of the first-ever cryptocurrency in January 2009, the anonymous creator(s) embedded the following message referring to the...

The parabolic run of bitcoin does not stop. As we reach Coinbase listing day, the primary cryptocurrency climbed higher to set a new all-time high at $64,895, according to BItstamp. This happened earlier today. As of writing these lines, bitcoin retraced a bit. BTC managed to penetrate above $60,000 yesterday and closed the daily candle above the level for the first time since mid-March – the time of the previous ATH was set (~$61.8k). As mentioned above, and since setting...

Ahead of the long-anticipated public listing for his company, Coinbase’s CEO Brian Armstrong asserted that US regulators are wrong in believing cryptocurrencies are primarily used for illicit transactions. He added that the industry wants to be treated on the same playing field as traditional finance when it comes down to legislative frameworks. Armstrong on Crypto Misconceptions The belief that digital assets are mainly used for illegal transactions has been going on for...

After launching ETPs for Bitcoin, Ethereum, and Litecoin, Europe’s largest crypto investment firm, CoinShares, has continued expanding its portfolio with the addition of an XRP exchange-traded product. As with the previous similar initiatives, the XRP ETP will be listed on the regulated Six Swiss Exchange, and each unit will be backed by physical tokens. CoinShares Launches XRP ETP Despite the ongoing legal case in the US against the country’s securities regulator, Ripple’s...

Ether could double-down on its recent bull run by surging 500% more which will take it well within a five-digit price territory, suggested a former hedge fund manager and popular crypto analyst, Teeka Tiwari. He further claimed that Ethereum could surpass bitcoin as the most valuable crypto due to the high levels of utilization. ETH to $13,000? The Ethereum blockchain is arguably the most used network in the cryptocurrency space. From several stablecoins running on top of it...

With bitcoin, ether, and more alternative coins reaching for the stars with new records in the past 24 hours, the cumulative market capitalization of all crypto assets surged to new record levels above $2.2 trillion. Interestingly, this means that the total crypto market cap exceeded that of the world’s most valuable company – Apple. Crypto Market Cap Surpasses Apple’s After weeks of suffering beneath the $60,000 price line, bitcoin finally emerged victorious today. In a...

The popular Senegalese-American singer, rapper, songwriter, and record producer, Akon, shocked the world a few years back by announcing revolutionary plans to build a real-life Wakanda city in Senegal. The idea was to run entirely on renewable energy and be powered by Akon’s own cryptocurrency – Akoin. The ambitious endeavor garnered the world’s attention, and despite some challenges, recent reports indicated that the entire project should be completed within the next several...