Capital International Group, a $2.3 trillion asset manager headquartered in Los Angeles, has acquired a 12.2% stake in MicroStrategy — making it one of the largest indirect investors in Bitcoin (BTC) on the planet. According to a filing with the United States Securities and Exchange Commission, or SEC, Capital International Group now holds 953,242 MSTR …
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Bitcoin (BTC) fell back below $33,000 support on July 12 as a familiar cocktail of low volumes and mounting shorts pressured price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorters fail to spark a Bitcoin rout Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it hit local lows of $32,880 on Bitstamp. Just …
Legislators in India are reportedly gearing up to present a cryptocurrency bill that will prohibit the ownership of private digital assets in the country. According to PRS Legislative Research, a non-profit organization that tracks the activities of the Indian Parliament, the proposed Cryptocurrency and Regulation of Official Digital Currency Bill is listed for introduction, consideration and …
July 12, 2021 – London, United Kingdom Nexo, the leading regulated institution for digital assets, has completed a strategic investment in Yield Inc, a company leading efforts to build the Yield Protocol – an Ethereum protocol that enables fixed-rate borrowing and lending by fostering the nascent DeFi bond market – as part of the company’s $10 million ‘Series …
Bitcoin analyst Willy Woo is outlining why he believes BTC is a significant advancement in the history of money. Woo, who earlier this week said Bitcoin whale movements are signaling a bottom, maps out why he believes BTC is reinventing the monetary system. ADVERTISEMENT Calling Bitcoin the type of event that happens just once …
Fidelity Digital, the crypto arm of the global asset management giant Fidelity Investments Inc., will reportedly hire more people for its expanding cryptocurrency business. According to Bloomberg on Monday, the company is planning to increase its staff size by about 70% to handle the growing patronage from big-money crypto investors. The increased workforce, numbering at …
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The United Arab Emirates becomes the latest country to join the race for experimenting with an in-house digital currency. According to the three-year plan for 2023-2026 that announces the launch of its digital currency, the Central Bank of the UAE, or CBUAE, intends to stand among the top 10 central banks across the world. CBUAE’s …
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Cryptocurrency asset manager Grayscale Investments continues reinforcing its commitment to digital currency investment products with a new filing with the United States Securities and Exchange Commission, or SEC. The company announced Monday that it has filed a Form 10 registration statement 10 with the SEC on behalf of its Grayscale Digital Large Cap Fund (GDLC) …
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The global pandemic is the number one trending issue in the world right now. Next on the trending list are cryptocurrencies. This article explores the top cryptocurrency to buy this week. Our list includes BTC, BNB, EOS, TEL, EOS, AAVE. 5 Top Cryptocurrency To Buy This Week 1. Bitcoin (BTC) Early crypto adopters can testify to …
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Bitcoin (BTC) In a Downward Correction as Bitcoin Remains Stable – July 12, 2021 Since July 8,BTC/USD – Daily Chart Buy Bitcoin Now For the week, BTC’s price has been making a steady upward move. However, Bitcoin has been trading marginally because of the presence of small body candlesticks. These candlesticks describe the indecision between …
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The founder of Razer Inc., Min-Liang Tan, tweeted that his firm is considering using crypto as a payment method. What’s more, Min-Liang said this could cover several cryptocurrencies, not just Nano. Accepting crypto as a payment method (not just Nano) is something we’re considering. — Min-Liang Tan (@minliangtan) July 11, 2021 Razer is already in …
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The popular meme token baby doge has slid quite a bit in value even after the token’s image was plastered all over Brandonbilt Motorsports’ No. 68 Chevrolet Camaro at the NASCAR Xfinity Series in Atlanta this past weekend. On Monday, baby doge statistics show the coin has dropped 42% in value over the last seven …
The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy Cryptocurrency and Tesla The U.S. Department of Justice (DOJ) announced Friday that Lebnitz Tran was arrested Thursday “on criminal charges related to his …
Just recently, a software developer and “Solidity nerd” called Bunny Girl has sparked heated conversations within the cryptocurrency community over a smart contract that reveals a process called a “Request For Reorg contract (RFR).” On Twitter, Bunny Girl explained that the contract “creates a mechanism that allows users to pay miners to reorg the Ethereum …
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Compound is one of the most popular DeFi tokens in the crypto market. DeFi coins have been making massive gains in recent weeks, but it seems that a halt in this upswing has been reported. COMP is back to trading in the red zone, while most of the other cryptocurrencies have enjoyed slight gains. COMP …
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