Bhutan gov’t sells $66M of Bitcoin stash as price tops $71K 

While retail traders fret over whether Bitcoin (BTC) will break above $10,000 or not, the institutional players silently continue to build positions. On May 19 major digital asset management fund Grayscale tweeted that its assets under management had increased over 80% from $2.1 billion to $3.8 billion over the period of one year. This suggests that…

Major Swiss private banking and wealth management group Julius Baer has launched a digital assets trading and custodial service via a partnership with regulated crypto-specialist Seba.Julius Baer announced its new digital assets offering on Jan. 21, the result of its 2018 minority equity stake acquisition and later partnership with crypto startup Seba Bank AG in…

The new consortium will provide ratings of digital asset trading platforms and cryptocurrency market indexes when it becomes operational. 100 Total views 2 Total shares Huobi has become the first member of the Hong Kong Virtual Assets Consortium (HKVAC), the Seychelles-based cryptocurrency exchange announced on May 31. The new organization promises to provide a ratings…

A bi-directional charging scenario allows vehicle owners to sell excess power back to office buildings at a profit. 1835 Total views 21 Total shares A three-year pilot scheme for an innovative blockchain-based electric vehicle, or EV, charging platform has received $1 million in funding from Natural Resources Canada, a department of the country's government.The scheme…

"Secret Tokens combine the programmability of ERC-20s with the privacy of coins like Zcash or Monero.” 913 Total views 6 Total shares An open-source blockchain protocol called the Secret Network is now offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens.According to a Secret Network blog post, the protocol launched its Secret Ethereum…

Alchemy's tertiary financing round brings the company's valuation to $3.5B. 466 Total views 8 Total shares San Francisco-based blockchain web services company Alchemy announced a $250 million Series C fundraising round led by Andreessen Horowitz on Thursday, bringing its current valuation to $3.5 billion.This announcement comes hot on the heels of a late April $80…

The number of Bitcoins held on exchanges continues to decline despite growing open interest in the futures markets. 604 Total views 12 Total shares Cryptocurrency market data aggregator Glassnode has reported that the number of Bitcoins (BTC) held on centralized exchanges has fallen to a 12-month low.The decline in exchange reserves comes amid numerous recent…

Friday, April 19 — The top 20 cryptocurrencies are reporting mixed movements on the day by press time, as bitcoin (BTC) hovers over the $5,250 mark.Market visualization courtesy of Coin360Bitcoin is down a fraction of a percent on the day, trading at $5,264 at press time, according to CoinMarketCap. Looking at its weekly chart, the…

In the past 10 days, Initial Coin Offering (ICO) projects have sold three times more Ethereum (ETH) than they did in August, according to research by TrustNodes published September 13.The 160,000 Ethereum tokens sold over the past few days amount to $33 million, according to the price index at press time. Per TrustNodes, ICO projects…