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15/07/21 14:32 by Newton Gitonga
Bitcoin Energy Concerns Unlikely to Crash Its Long-Term Path, Cathie Wood Says
Cathie Wood, the founder, and CEO of Ark Invest has tossed her viewpoint over Bitcoin’s mining energy consumption, citing it as a minor setback to the asset’s path in the future. She further stat... Read More
14/07/21 22:16 by Brenda Ngari
Bitcoin Can Shatter $38,000 This Week, Claims Popular Crypto Trader As Grayscale’s Monster Unlock Looms
As bitcoin teeters around the $33,500 level, the cryptocurrency could fly higher in the course of this week as the eagerly-awaited mammoth Grayscale Bitcoin Trust (GBTC) unlock draws closer.
Why B... Read More
14/07/21 16:50 by PR DESK
Mt. Pelerin Incorporates Tezos as Part of Tokenized Securities
Bridge Wallet, a crypto mobile app, has implemented zero fees on-ramp and off-ramp services for Tezos’ native token XTZ. Brought by Swiss FinTech Mt. Pelerin, the non-custodial app bridges the gap ... Read More
12/07/21 17:47 by Newton Gitonga
Grayscale’s $1.5 Billion GBTC Unlock Nears – Why Analysts Are Predicting An Unfavorable Impact On Bitcoin Price
Bitcoin leads calmly this weekend tightly ranging between $33,000 and $34,500 ahead of this week’s unlocking of Grayscale Bitcoin Trust (GBTC) shares.
BTCUSD Chart By TradingView
The tight sq... Read More
06/07/21 23:11 by Reynaldo Marquez
GBTC Unlocks Spells Doom For Bitcoin? Top Expert Breaks It Down
Bitcoin has been moving sideways as the rest of the crypto market, especially Ethereum and the DeFi sector, show strength. The first cryptocurrency by market cap needs to make a decisive move to break... Read More
24/06/21 17:04 by David Kariuki
Grayscale Share Sales Will Likely Become A Fresh Source Of Selling Pressure On Bitcoin: JPMorgan
A possible sale of shares in the Grayscale Bitcoin Trust expected between June and July is likely to cause more selling pressure on Bitcoin price. The sale will happen after the expiry of the 6-month... Read More
25/05/21 18:40 by Reynaldo Marquez
Why Cardano Has Seen a Surge in Investment Inflows Over Last Week
Cardano has fallen with the rest of the market but seems more resilient than other assets in the crypto top 10 by market cap. At the time of writing, ADA trades at $1.52 with a 2.8% profit in the dail... Read More
17/04/21 02:00 by Samuel Wan
Coinbase’s $86bn Valuation Has Been Grossly Exaggerated by Misleading Media
Coinbase shares closed at $327 on their Nasdaq debut, giving the crypto exchange an initial market cap of $86bn on a fully diluted basis.
Fully diluted refers to the total number of common shares outs... Read More
15/04/21 21:00 by Reynaldo Marquez
Coinbase Effect: Is Crypto Ready For The Incoming Herd?
If the pro-Bitcoin actions of titans Goldman Sachs and JP Morgan have been insufficient, the traditional market seems to have given cryptocurrencies its blessing yesterday, with the debut of Coinbase ... Read More
12/04/21 22:59 by Reynaldo Marquez
Binance offers Tesla stock token, could Coinbase (COIN) follow?
Crypto exchange Binance has announced the launch of a new product, tokenized shares of publicly traded companies. The first to be listed is Elon Musk-led carmaker Tesla.
Trading with these tokens will... Read More
08/04/21 13:04 by Brenda Ngari
$48B Asset Manager Millennium Management Dabbles With Bitcoin
In May 2020, Wall Street veteran Paul Tudor Jones set off a bitcoin buying frenzy when he revealed that he was investing in BTC as a hedge against the great inflation he predicts will come from the m... Read More
29/03/21 13:11 by Yashu Gola
Bitcoin Rallies Strongly as a $30bn Dump Rattles US Stock Futures
Bitcoin prices rose aggressively heading into the European session Monday, breaking above $58,000 as traders pinned their hopes on another all-time high milestone ahead.
The benchmark cryptocurrency w... Read More
26/03/21 02:00 by Tony Spilotro
Crypto Analyst Claims MicroStrategy Is “On The Ropes” Amidst Bitcoin Selloff
MicroStrategy and its head honcho Michael Saylor have become synonymous with Bitcoin, responsible for kicking off the corporate treasury reserve trend that’s transpired ever since.
As a result o... Read More
20/03/21 21:25 by Adrian Klent
What to expect as Coinbase moves public listing to April
According to anonymous sources, Coinbase—America’s largest cryptocurrency exchange by trading volume—has decided to push back its plans for a direct public offering to April, Bloomberg repo... Read More
10/03/21 21:35 by Bernice Nyambura
Grayscale’s Parent Company DCG To Buy $250 Million In GBTC Shares
Digital Currency Group (DCG), the parent company of the world’s largest Bitcoin trust, Grayscale Bitcoin Trust (GBTC) has announced plans to buy a quarter million worth of shares of GBTC.
DCG wi... Read More
06/03/21 11:03 by Steven Msoh
Grayscale Bitcoin Trust at its Highest Discount Ever Could Signal Price Rise to $100K
The Grayscale Bitcoin Trust (GBTC) has been having its adversest month in its seven-year history. GBTC has dropped to nearly a 12% discount, its highest ever. However, according to one analyst, this ... Read More
04/03/21 14:26 by Yashu Gola
Bitcoin Affect? Billionaire Fund Manager Sells 1.8M Tesla Shares for Clients
Less than a month after US carmaker Tesla revealed its $1.5bn Bitcoin holdings, one of the company’s most vocal bullish investors announced that he had sold 1.8 million of its shares for clients... Read More
01/03/21 19:31 by Steven Msoh
MicroStrategy Isn’t Done Buying Bitcoin, Now Holds $4.4 Billion In BTC
Microstrategy is not done stacking Bitcoin, despite being one of the most active institutional buyers in the market. The firm announced today that it had purchased an additional $15 million worth of ... Read More
28/02/21 17:03 by Livine Sanchez
How KuCoin Shares (KCS) Can Create a Stream of Passive Income
KuCoin Shares (KCS) is the native token of the KuCoin cryptocurrency exchange. It was launched in 2017 to serve as a profit-sharing token for traders to draw value from the exchange. KuCo... Read More
26/02/21 22:42 by Steven Msoh
World’s First Bitcoin ETF Now Holds More Than 10,000 BTC
The world’s first Bitcoin exchange-traded fund (ETF) has seen massive success in its first week. It has now surpassed the 10,000 BTC milestone for the first time as data from Glassnode shows. The o... Read More
01/02/21 19:34 by Bernice Nyambura
Guggenheim Trust Fund to buy $500 Million in Bitcoin via Grayscale after SEC’s Approval
The US Securities Exchange Commission today approved a filing by global investments and advisory firm Guggenheim to invest $500 million into Bitcoin via digital assets manager Grayscale.
Guggenhe... Read More
29/01/21 02:00 by Tony Spilotro
Robinhood Reminder: Not Your Keys, Not Your Bitcoin
Today’s biggest news isn’t about Bitcoin, but because the cryptocurrency and others trade on the platform at the center of the scandal, it is a wake up call for investors.
Robinhood today ... Read More
28/11/20 13:10 by Brenda Ngari
Here’s Why Ripple Is Dumping One-Third Of Its Stake In MoneyGram
Blockchain-based payment firm Ripple is selling a third of its position in MoneyGram, the remittance giant that provides liquidity to its XRP settlement service, according to details of a new filing.... Read More
13/11/20 21:00 by Tony Spilotro
Analyst: Amazon Stock Fractal Is “Anti-FOMO” For Bitcoin
The recent bullish breakout in Bitcoin has caused a massive wave of FOMO as late to the game buyers attempt to get in before the cryptocurrency takes off to a new all-time high.
But one sharp-eyed cry... Read More
24/10/20 03:20 by Brenda Ngari
PayPal Will Launch Its Own Cryptocurrency Within 6-12 Months, Predicts Asset Manager
PayPal could launch its own digital currency soon after announcing yesterday that it will start allowing customers to purchase, sell, and hold crypto on its website and app (Venmo). That’s the asse... Read More
22/10/20 03:00 by Tony Spilotro
Crypto PayPal News Sends Asset To New All-Time High, But It’s Not Bitcoin
News breaking today that payments giant PayPal would be supporting cryptocurrencies sent the price of Bitcoin rocketing over $1,000 in a single day. But it was another asset that soared to a new all-t... Read More
12/10/20 22:19 by Ponvang Bulus
Grayscale’s Ethereum Trust Is Now An SEC Reporting Company
The Grayscale Ethereum Trust has become an SEC reporting company. This follows the approval of the Registration Statement on Form 10 filed with the Securities and Exchange Commission (“SEC”) on b... Read More
18/08/20 00:51 by Brenda Ngari
Grayscale Widens Net For Institutional Investors With Bitcoin Cash And Litecoin Over-The-Counter Trading
Grayscale Investments LLC, the world’s largest cryptocurrency manager with over $5.2B under its management, today announced that the shares of its Litecoin Trust and Bitcoin Cash Trust will now be ... Read More
16/08/20 15:29 by Ponvang Bulus
Warren Buffett Will Buy Bitcoin Soon, Says Morgan Creek’s Jason Williams
On Friday, it was reported on several major news outlets that American billionaire investor Warren Buffett’s company Berkshire Hathaway bought 21 million shares of Barrick Gold worth $563 million. ... Read More
15/08/20 20:53 by Brenda Ngari
Here’s How Warren Buffett Dumping Bank Stocks For Gold Could Launch Bitcoin Price To $50,000
Warren Buffett’s Berkshire Hathaway has dumped the shares of banks and other financial companies while buying shares of Barrick Gold during the quarter that ended on 1 July.
This investment came... Read More