Bitcoin or bust: Companies add BTC to treasury for long-term potential
Corporations are increasingly adopting Bitcoin as a treasury asset, with companies like MicroStrategy, Tesla and Coinbase leading the charge.
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Radix Releases Technologies to Bring DeFi Into Mainstream
Can Radix make DeFi the new normal? 1769 Total views 18 Total shares Radix is taking a massive step into decentralized finance (DeFi) with the release of its first layer-one protocol made up of four different technologies.In a white paper, Radix said it had released four technologies it believes can bring DeFi for mass adoption.…
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SBI Holdings, R3 Embark on ‘Joint Venture’ to Boost Corda Blockchain Use in Asia
Japanese financial services company SBI Holdings will partner with software firm R3 to expand local use of its Corda blockchain platform, Cointelegraph Japan reported Dec. 5.Quoting local news outlet Nikkei, the report reveals that SBI, which is involved in multiple cryptocurrency and blockchain-related activities, will expand on its existing investment in R3 to create a…
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Bitcoin Price ‘Extremely Bullish’ Again After 20% Pump to Over $11,000
Bitcoin (BTC) surprised markets and and the media alike on July 3, jumping over 20% in 24 hours to overcome resistance at $11,000.Market visualization courtesy of Coin360Data from Coin360 put BTC/USD firmly in the green Wednesday, following a turbulent few days which saw the pair drop as low as $9,688.As of press time, bitcoin traded…
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Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
"For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition," says CEO Charles Émond. 424 Total views 18 Total shares According to local news outlet LaPresse on Wednesday, the Caisse de dépôt et placement du Québec (CDPQ), an institutional investor chartered with managing…
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Bitcoin analyst sees seller ‘exhaustion’ as BTC price rebounds 10%
Bitcoin sellers run out of steam and BTC price strength returns at the Wall Street open as US stocks initially avoid copying the fate of their Asian counterparts.
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Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April
Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show.In a filing with the United States' Securities and Exchange Commission (SEC) on July 17, Rothschild confirmed that it now owns 141,405 shares of the Grayscale Bitcoin Trust (GBTC). Rothschild GBTC shares near 150,000A quiet but nonetheless substantial player among…
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Report: G7 Says ‘Global Stablecoins’ Pose Threat to Financial Stability
The G7 group of nations has reportedly drafted a report which says that “global stablecoins” pose a threat to the global financial system.According to the BBC on Oct. 13, a draft report from the G7 outlined the various risks associated with digital currencies. It also said that, even if member firms of the governing Libra Association addressed…
Mistake or money laundering? User pays $1.6 million for CrypToadz NFT
The purchase was funded from a digital wallet, which has been a part of the chain of transactions, anonymized by the Ethereum coin mixing service Tornado Cash. 198 Total views 3 Total shares One of the CrypToadz nonfungible tokens (NFTs), whose average price doesn’t exceed $1,000, was bought for an astonishing 1,055 Wrapped Ethereum (wETH)