After Bitcoin Price Breakout, Pending ETF Decision May Cap Gains
The uncertainty surrounding the US SEC’s decision on bitcoin ETF could limit the upside in bitcoin despite the bullish technical breakout
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CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC
The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust.Feb 3, 2021 at 5:05 p.m. UTCUpdated Feb 3, 2021 at 5:20 p.m. UTCCrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTCCrypto capital markets firm CrossTower is launching a hedge fund at the…

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business
feature The Takeaway: Crypto lending startup Celsius raised $50 million in a token sale in 2018. Lending volume has surged since then, with 10,415 Celsius users taking out fiat loans after locking in crypto collateral. BitGo confirmed to CoinDesk that it held $1 billion worth of crypto deposits from Celsius over the past year. CEL…

Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market Share
Feb 17, 2020 at 03:00 UTCUpdated Feb 17, 2020 at 03:05 UTCMicroBT founder Yang Zuoxing speaking at an event hosted by Poolin in September 2019.Bitcoin Mining Unit Manufacturer MicroBT Nibbles at Bitmain’s Market ShareBitcoin miner maker MicroBT has rapidly expanded market share by selling over half a million units in 2019, chipping away at rival…

Elizabeth Warren’s Bill Won’t Stop Money Laundering, But it Could Ban Crypto
On Capitol Hill, Senator Elizabeth Warren (D-MA) and Senator Roger Marshall (R-KS), are pushing legislation that purports to close loopholes bad actors may exploit to launder money through crypto assets. But what the legislation – the so-called Digital Asset Anti-Money Laundering Act – actually does is further a strategy to ban crypto by treating software…

MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
Benchmark has raised its price target for MicroStrategy to $2,150 even as the company posted a revenue miss on Thursday. The broker's analyst noted the company's share price outperformance since adoption of bitcoin as its primary treasury reserve asset in August 2020. Since then, the stock's performance was significantly better than other assets like bitcoin

Duality Technologies Launches Platform for Analyzing Big Data While Keeping It Private
Nov 18, 2020 at 11:11 p.m. UTCDuality Technologies Launches Platform for Analyzing Big Data While Keeping It PrivateEncryption may not seem sexy, but it’s never been more important. Duality Technologies, a provider of privacy-enhancing tech, (PETs), is launching SecurePlus Statistics, a privacy-enhanced “statistical analysis solution” that uses Homomorphic Encryption (HE).While it may sound dry, it marks…
Roughed-Up Bitcoin Miner Stocks Attempt Rally as BTC Retakes $27K
Bitcoin (BTC) was higher by 3% on Monday, reaching above $27,000 for the first time in over two weeks, giving a minor boost to the mining stocks.Hut 8 Mining (HUT) was one of the largest gainers, advancing 6.5% as it also announced final Canadian regulatory approval for its merger with USBTC.Peers Riot Platforms (RIOT) and

BlackRock’s Bitcoin ETF Inflows Climb to Fifth-Highest Among All ETFs in 2024
Only 17 days after its launch, the BlackRock iShares Bitcoin Trust (IBIT) has become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, according to data from Bloomberg Intelligence.The only funds that have topped IBIT's $3.2 billion of year-to-date inflows are mammoth longstanding index ETFs from iShares and Vanguard that offer