Big players seem to be consolidating their positions with the latest Bitcoin (BTC) price dip and the overall crypto market correction. Crypto fund manager CoinShares told Reuters, that weekly investment inflows in crypto funds hit a record $1.31 billion last week. Nearly 97% of the inflows went to Bitcoin while the world’s second-largest cryptocurrency Ethereum
Coinshares, the Digital Asset Management firm in the UK has partnered with Nomura and Ledger to launch a digital asset custody service. The new firm, Komainu, headquartered in Jersey will be lead by Coinshares CEO, Jean-Marie Mognetti. Komainu’s aim is to develop an institutional-grade custody business. It will provide multi-asset support, assurance with regulatory compliance and insurance. Nomura is
$BNT, Bancor Network token gains 8.65% as it announces an airdrop of $BNTETH. The token will be used to provide liquidity for the exchange. In return, the holders will benefit from the trading fees. The price of BNT at 5:00 hours UTC is $0.272. It is reached at high of 0.277 after the announcement gaining
Blockchain.com, a leading crypto wallet, analysis firm and parent company of Blockchain Pit exchange, announces the launch of $DGLD. The digital representation of real gold will leverage its security from the Bitcoin [BTC] blockchain. The new digital asset has been launched in partnership with Coinshares, chief digital assets manager in the UK and MKS (Switzerland)
Leading digital assets management firm in the UK, Coinshares, published its report on Crypto trends to analyze the markets. The report analyzes global historical trends and suggests why Bitcoin and crypto fit into the future. The four Forces One of the leading causes of optimism around Bitcoin is the all-around pessimistic view of the Governments. According
Ethereum [ETH] has shown considerable growth in the past two years post the ICO bubble, according to a report from Coinmetrics Much of the growth has been attributed to the rise of stablecoins (specially Tether) in the crypto market. The growth of Bitcoin [BTC] this year has subdued the altcoins to the brink of extinction.
The Financial Regulator in the UK, the FCA (Financial Conduct Authority), recently proposed a ban on the sale of crypto ETNs to retail investors. Coinshares, Europe’s largest digital assets manager, presented a Response to the proposed rule – FCA CP19/22. The FCA argues that cryptocurrencies are highly volatile, lack price discovery and intrinsic value. Hence,
Bitcoin has recovered from its 2018 lows with a 275% increase. However, it is down nearly 40% from its All-Time High in 2017. Whether or not Bitcoin will replicate its 2017 run is troubling the minds of investors and traders everywhere. Bitcoin’s [BTC] rally during 2017 was classified as a bubble, but the retail volume
Bitcoin [BTC] is essentially a cryptocurrency that can be stored digitally using a combination of public and private address. While the ledger provides a guarantee against immutability and hacking, the wallet still fails to provide complete trust and security to a person. A cryptocurrency trust fund, on the other hand, can provide a secure way
Bitcoin breached another milestone this year at its rose above $12750 early on 26th June 2019. Bitcoin has recorded 200% rise since the beginning of April 2019 near $4000. While Facebook’s cryptocurrency announcement on 18th June seems to have acted as a strong positive catalyst to its price, other global economic issues form a larger
CoinShare released its third edition of Bitcoin Mining Report along with Fidelity Center for Applied Technology. It is an expansive piece of research to address one of the most daunting and rather important aspects of Bitcoin, the mining process. In a game of supply and demand, supply should account for 50% of the price consideration.