Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has predicted that a flood of institutional money will flow into bitcoin once miners have addressed the renewable energy and environmental, social, and governance (ESG) issues. He said the flood will begin when bitcoin meets the ESG standards which will allow institutional investors to get into the …
Tag archives: Bitcoin
Goldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin
Investment bank Goldman Sachs says institutional investors and asset managers are driven to bitcoin by “fear of missing out” (FOMO). Goldman now considers bitcoin a new asset class. Nonetheless, institutional investors are facing several strong barriers to entry into the crypto market. Asset Managers, Institutions Facing Crypto FOMO Goldman Sachs said Monday that the fear …
Continue reading “Goldman Sachs Says FOMO Is Driving Institutional Investors to Bitcoin”
Fed’s Daily Tapering Increases by 23%- Tuesday’s Reverse Repo Removes $432 Billion from Market
Since well before the onset of Covid-19, the U.S. Federal Reserve had initiated monetary easing policies and from then on, the M1 Money Stock supply skyrocketed to levels never-before-seen in history. This weekend reports disclosed that the Fed has started to taper quantitative easing (QE) when it removed $351 billion from the market last week. …
Realm Closes $2.25M for Seed Investment to Build NFT Powered Microverses
PRESS RELEASE. Realm, a new NFT microverse platform, has closed its first investment round at $2.25M led by Alphabit with strategic investments from NGC, Genesis Block Ventures, LD Capital, Moonrock, and SL2 amongst other funds. Realm aims to challenge the current NFT platforms by offering creators and players a personalised metaverse aptly dubbed a “microverse”. …
Continue reading “Realm Closes $2.25M for Seed Investment to Build NFT Powered Microverses”
Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs
After bitcoin prices dipped to a low of $30,066 per unit last week, lots of people have been focused on the panic sellers. Meanwhile, when bitcoin prices plunged, the number of bitcoin addresses in accumulation tapped an all-time high at 545,115 addresses. Number of Bitcoin Accumulation Addresses Hit New Highs Bitcoin (BTC) prices slid from …
Continue reading “Data Shows Bitcoin Addresses in Accumulation Captures Fresh New Highs”
Fund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF
On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U.S. Securities and Exchange Commission (SEC). According to the Form S-1 filed, One River wants to list a carbon-neutral bitcoin ETF on the New York Stock Exchange (NYSE). One River’s Bitcoin ETF Aims to Provide a …
Continue reading “Fund Manager One River Files SEC Prospectus for Carbon Neutral Bitcoin ETF”
JPMorgan, Goldman Sachs Initiate Coverage of Coinbase Stock — up to 60% Price Upside
Investment banks JPMorgan and Goldman Sachs have initiated coverage of the Coinbase Global stock. JPMorgan gives Coinbase an overweight rating with a 60% upside potential while Goldman Sachs begins with a buy rating. JPMorgan, Goldman Sachs Now Covering Coinbase Stock A couple of major investment banks initiated coverage of the Coinbase Global stock (NASDAQ: COIN) …
Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door meetings with North American bitcoin miners. Bitcoin Mining Council Brings Back Memories …
Bitcoin Games Launches Live Casino Tournament, One Player to Win $5,000 in BTC
$5,000 top prize for a single player to claim in ‘Winner Takes it All’ live casino tournament! One Week. One Prize. One Winner. Our very own premium crypto casino, Bitcoin Games, will be hosting a week-long Live Casino tournament where one lucky player will be left feeling like royalty as they walk away with a …
Continue reading “Bitcoin Games Launches Live Casino Tournament, One Player to Win $5,000 in BTC”
Uganda’s Financial Intelligence Authority Wants Government to Formulate a Crypto Regulatory Framework
Uganda’s Financial Intelligence Authority (FIA) says it wants the country’s Finance Ministry to help formulate a regulatory framework for crypto service providers. According to the FIA, this call for the government’s intervention has prompted by the Ugandan crypto industry’s failure to comply with an earlier plea for industry players to register. Terrorism Concerns Furthermore, in …
Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies
Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. The National Bank Released a Public Consultation Paper According to the announcement published on their website, the …
South Korea to Impose a 20% Tax on Crypto Mining Activities
The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published by Donga, miners should be accountable for paying …
Continue reading “South Korea to Impose a 20% Tax on Crypto Mining Activities”
Real Estate Listings Accepting BTC Touch Record Highs, 14.3 Homes per 100,000 Accept Crypto
Bitcoin and the crypto economy have been making their way into the world of real estate these days. A recently published report shows that Realtor.com data indicates that people selling property for crypto assets have risen a great deal. Statistics show that there are 14.3 crypto accepting listings per 100,000 homes in the company database. …
NFT Weekly Roundup: Earning Through NFTs, Legendary Muhammad Ali Collectibles, NFT Display in Times Square, and More
The NFT ecosystem is in full bloom, with several renowned names entering the playing field. As more and more artists and creators join the cash-strapped world of NFTs, we’ve got you covered with the latest announcements and launches of the week that are taking the world by storm. Hashmasks Introduce a Passive Opportunity to Earn …
The Ternoa Blockchain (CAPS) Unveils SecretNFT, Its NFT Platform
The Ternoa Blockchain has just unveiled the alpha version of its SecretNFT Marketplace, a platform entirely dedicated to non-fungible tokens (NFTs). The platform, which uses Ternoa’s own CAPS token, comes with many features to promote its adoption among artists and lovers of NFTs. Ternoa launches its NFT platform, SecretNFT The Ternoa Blockchain has just unveiled …
Continue reading “The Ternoa Blockchain (CAPS) Unveils SecretNFT, Its NFT Platform”