VanEck, one of the largest investment management firms has successfully launched a bitcoin-backed Exchange Traded Note (ETN) which is listed on Deutsche Börse Xetra. The investment management firm has been quite active in its approach to launch a Bitcoin Exchange Traded Product for quite some time. The firm spent most of 2019 trying to pursue
The ongoing bull run has made many influential people come out and reveal that they have been hodling bitcoin for quite some time now. Many mainstream financial and traditional hedge fund managers have revealed that the demand for Bitcoin is sky high at present. Hollywood stars like Masie Williams, JK Rowlings, Mike Tyson, and many
Brink, a non-profit organization aiming to fund and support open-source Bitcoin protocol development was launched today with the backing of former Blockstream alumnus Mike Schmidt and former Chaincode Labs developer John Newbery. Dave Harding, a well renowned Bitcoin technical writer would act as the independent director for the non-profit organization. The organization aims to raise
Bitcoin was consolidating above $18,500 for the past couple of days and a market pullback was on the cards, however, bitcoin today soared past the $19,000 mark for the first time in three years. The current bullish burst is being attributed to PayPal CEO’s bullish comment on Bitcoin and their plans to allow cryptocurrency as
XRP, the third-largest cryptocurrency by market cap is currently soaring past resistances with ease making a parabolic price curve on the short-term chart. The altcoin set a three year high today as its price breached $0.90 with over 100% gains in a single day on Coinbase before experiencing a flash crash. XRP was trading at
Bitcoin entered into the third-week of its bullish price rally with its price currently consolidating above $18,500. The top cryptocurrency has managed to hold ground despite two flash crashes of over $1,000. Many believe that bitcoin’s ongoing bull run is way different than the 2017 one as the king coin steadily nears its all-time high.
Bitcoin rebounded from another $1000 flash crash after registering a daily low of $17,671 on Sunday after breaking past the key resistance of $18,500. The king coin is currently trading at $18,705 registering a 2.30% rise over the past 24 hours. However, it is important to note that BTC is losing steam at the top
China Construction Bank which made headlines a couple of weeks ago after it announced its plan to list $3 billion in blockchain bonds has now withdrawn its proposal after initial listing delays. Malaysian cryptocurrency exchange Fusang was selected as the issuer of the ERC-20 blockchain bonds, who revealed that the issuer has requested to withdraw
OKEx, the cryptocurrency exchange has terminated withdrawal from its platform from October 16 after the Chinese founder Xu Mingxin of the exchange was taken away by the Police amid the growing crackdown on OTC desks and to counter the growing money laundering issue. Mingxin was arrested in early October and the withdraws remained shut since
Bitcoin’s ongoing price rally is nearing its all-time high, making it the center of attention just like 2017 where most of the mainstream media houses have started to take note of the king coin’s price movement. While the price movement and attention might be quite similar to 2017, a lot has changed about the top
The altcoins have finally arrived at the Bull run party that Bitcoin initiated a couple of weeks ago, bringing back the memory of 2017. Bitcoin’s bull rally started after the king coin broke past the key resistance of $13,000 and $15,000 and is currently trading at $18,658 registering more than 17% gains over the week.
Bitcoin soared past the $18,500 mark to set another yearly high reaching $18,936 late night on Friday. On its way to the new yearly high, the king coin also surpassed the $350 billion market capitalization, making it bigger than JP Morgan for a brief period of time. The price fell back to $18,600 levels soon
Today was an interesting day for Bitcoin enthusiasts as CIO of world’s largest asset manager BlackRock in an interview to CNBC said he adores Bitcoin and cryptocurrencies are here to stay. Recently, Bitcoin managed to move above the $18,000 mark again after seeing a $1000 flash crash yesterday making its contention to be a true
Advanced Blockchain AG, a German Blockchain as a Service (BaaS) provider is gearing up to offer yield farming to its client through its crypto subsidiary nakamoto.to, reported DGAP news. Advanced Blockchain was also the first blockchain company to get listed on Deutsche Börse-Operated Xetra Exchange. The decision to include yield farming by nakamoto.io indicates the
Mariner Wealth Advisors, one of the leading Regulated Investment Advisory (RIA) has partnered with crypto-focused investment firm Eaglebrook Advisors to offer Bitcoin to its clients. Mariner Wealth is one of the leading RIA firms which has over $35 billion worth of assets under its management. Eaglebrook would offer its BTC separately managed account (SMA) to
Prosegur, the Spanish Security giant has joined the growing crypto league with the launch of its crypto custodian service Prosegur Crypto for institutional clients. Prosegur is based in Madrid and counted among the largest international security firms, it employees over 160,000 people worldwide. Its dive in the growing crypto custody market suggest the growing demand
The Japanese Central Bank’s recent plans of experimenting with the issuance of digital Yen has started to take shape as more than 30 major Japanese firms have come together to test the use cases for a common, private digital currency starting next year. The 30 member group consists of Japan’s three largest banks along with
ETH 2.0 is slated for the launch of its Beacon Chain on December 1st, 2020 that would mark the commencement of Phase 0 of ETH 2.0 rollout. Phase 1 and Phase 2 rollout are believed to commence by 2021 end. Ethereum’s transition from a Proof-of-work mining consensus to a Proof-of-stake mining consensus is being dubbed
ETH 2.0, the new Proof-of-Stake-based blockchain system is gearing up for the official launch of Beacon Chain to commence Phase 0 of the ETH 2.0 rollout. However, in order for the official launch on December 1st, there should be at least 16,384 validators on board by November 24th, where each validator must stake 32 ETH.