‘Political shift’ drives $407M inflows to crypto products — CoinShares
According to CoinShares, last week’s increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks.
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Van Eck Associates CEO: Bitcoin Investors Are Moving to Gold
Jan Van Eck, CEO of Van Eck Associates, suggested that Bitcoin (BTC) investors have moved to gold during an interview with CNBC published on Jan. 26.Van Eck declared that he thinks “that Bitcoin pulled a bit of demand away from gold last year, in 2017.” Afterward, he concluded:“Interestingly, we just polled 4,000 Bitcoin investors and…
Winklevoss’ Gemini buys carbon credits to cut Bitcoin’s CO2 footprint
Gemini has partnered with a nonprofit to purchase carbon permits from government-related cap-and-trade markets and erase them from circulation. 622 Total views 9 Total shares Gemini, a major cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is responding to Bitcoin’s (BTC) environmental issue by purchasing carbon credits. On Thursday, the company announced its long-term initiative to incorporate…
Coinbase becomes a founding member of Square’s crypto patent group
Coinbase will help COPA on its journey of defending patent overreach. 733 Total views 8 Total shares The Cryptocurrency Open Patent Alliance, or COPA, headed up by finance company Square, recently picked up Coinbase as a cornerstone participant. Square unveiled the group in September as a method of warding off patent overreach — an issue…
Australia: Clients File Claim Against Publicly Listed ICO Advisory Firm DigitalX
Crypto firm DigitalX Ltd. has been served with an Originating Application and Statement of Claim. The claim was filed by a group of DigitalX’s clients in Australia’s Federal Court, according to an official announcement published September 28.DigitalX describes itself as a publicly-listed firm that offers Initial Coin Offering (ICO) advisory services, blockchain consulting services and…
Stablecoin adoption and the future of financial inclusion
Institutional interest in crypto is growing, confirmed by a Goldman Sachs survey, which found that 40% of the company’s high-net-worth clients were already exposed to cryptocurrencies. Stablecoins — which offer a more secure and steady option in the crypto space — have experienced hyper-growth, reaching a $119 billion market cap. The volatility of crypto has…
Following in Grayscale’s footsteps, new Bitcoin trust goes public in Canada
The investment firm said it had no plans to sell shares of its Bitcoin trust in the U.S. 2019 Total views 14 Total shares Canada-based investment manager Ninepoint Partners has launched trading for shares of the firm’s Bitcoin Trust on the Toronto Stock Exchange.According to an announcement today, Ninepoint has completed an initial public offering,…
Crypto Markets See Hint of Green, Top Cryptos Keep Trading Sideways
Thursday, Nov. 1: crypto markets have seen a hint of green, with many of the top 20 cryptocurrencies seeing slight growth. The slight growth in markets follows a recent sell off on Monday, when the price of Bitcoin (BTC) dropped from $6,480 to as low as $6,344. While 19 out of the top 20 cryptocurrencies…
Google’s Quantum Computer Breakthrough Not a Risk to Bitcoin, Says Dev
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