Category: Bitcoin News

Bitcoin News and Analysis from varies cryptocurrency media, we summarize all Bitcoin news into a sitemap summary with link to related Bitcoin News for the one who wanted to catch up Bitcoin price change in timely manner.

Multibillion Dollar Fund Manager Ruffer Sees Long Trend of Institutional Bitcoin Adoption

British investment management firm Ruffer has revealed that its bitcoin holdings now account for about 3% of its entire portfolio of approximately $29 billion. The firm believes that we are “at the foothills of a long trend of institutional adoption and financialization of bitcoin.” A Long Trend of Institutional Bitcoin Adoption Ruffer provided an update on the firm’s bitcoin investment this week in its Investment Manager’s Review for...

Ethereum has broken its all-time high. Here’s why one analyst thinks it could hit $US2,500 thi …

Ethereum broke its all-time high this week before tumbling alongside Bitcoin on Thursday. The cryptocurrency looks to have plenty of upside according to eToro cryptocurrency analyst Simon Peters. “With upgrades going smoothly, developers continuing to build DApps, and investors taking part in the Ethereum network, my outlook for the cryptoasset is positive,” Peters said. Visit Business Insider Australia’s homepage for more stories. As Bitcoin stops to catch its...

UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Millio …

Court documents show that the company, Tetragon Financial Group, has filed a lawsuit against Ripple after the firm was charged by the U.S. Securities and Exchange Commission. The court filing indicates that Tetragon and Ripple allegedly made an agreement, and the SEC case deeming XRP as an unregistered security should allow them to get funds back. Moreover, weeks after the SEC charges, former Ripple executive Jed McCaleb sold...

YfDFI Finance: Much Anticipated Farming Platform Released

PRESS RELEASE. As of today, YfDFI Finance is launching not one, not two, not three but four farming pools, locking up a huge chunk of its circulating supply. The team could not have achieved this without the continuous support from the community. Starting off 2021 the right way! “Our team has been working tirelessly throughout the holidays to live up to the community’s expectations. Internally, our mantra the...

‘Let’s Not Be Bitcoin’: Yearn Finance Considers Minting $200M in New YFI Tokens

Bitcoin may be the original cryptocurrency, but that doesn’t mean leading decentralized finance (DeFi) projects aren’t feeling self-confident enough to distinguish themselves from Satoshi’s vision.“Let’s not be Bitcoin. This idea of hard caps for start-ups is very romantic but not necessarily the best execution path for maximal value,” a participant in Yearn’s governance forums, yfi_lit, wrote on Jan. 13.Yfi_lit wrote this in defense of his now-modest proposal to...

Bitcoin is a ‘high-risk’ speculation tool, say Saudi finance experts

RIYADH: Bankers and economists have warned of the “significant risks” in Bitcoin trading, despite the digital currency’s recent headline-grabbing valuations.Introduced in 2008, Bitcoin surged to a record high on Jan. 8 of $41,530, before retreating to $35,529 on Jan. 20.Fadhel Al-Buainain, a former Saudi banker, told Arab News that Bitcoin is a first-class speculation tool without any support from cash reserves or economic superpowers, in contrast to the...

Why Riot Blockchain Stock Came Crashing Down Today

What happened Shares of Riot Blockchain (NASDAQ:RIOT) came crashing down on Wednesday, even though there was a lack of company-specific news to report. As of 12:30 p.m. EST, the stock was down 11%. The price of bitcoin is likely having some influence on the stock today. Furthermore, investors could be digesting news recently released from the company, even though it wasn't released today.  So what According to CoinDesk,...

Cryptocurrency salaries revealed: From $60,000 to $400,000, here’s how much you could earn wor …

Cryptocurrency has been around since 2009, with the debut of the first cryptocurrency, bitcoin.  Since then, thousands of cryptocurrencies have become available, and investing has become more mainstream — as have jobs in crypto.  Insider examined about 300 job postings for crypto jobs and found that you can earn anywhere from $60,000 to $400,000 in the field.  Visit Business Insider's homepage for more stories. Much like the currencies...

ALEX BRUMMER :The future inflation threat

There is so much we do not know about the long-term economic impact of the pandemic. But one common theme for Britain, and for newly-installed President Joe Biden and his team in the US, is that the tolerance of fiscal promiscuity and monetary looseness has changed dramatically.As the Biden team pushes hard for his first major intervention – an extra £1.4trillion of Covid-19 help for households, business and vaccinations...

Bitcoin Trust Files Final Prospectus

[Not for distribution to United States newswire services or for dissemination in the United States]TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint”) is pleased to announce that Bitcoin Trust (the “Fund”) has filed a final prospectus in connection with its offering (the “Offering”) of Class A Units (“Class A Units”), Class F Units (“Class F Units”) and/or Class S Units (“Class S Units” and, together...

BlackRock Files To Add Bitcoin Futures To Funds

ToplineInvestment giant BlackRock filed documents with the Securities and Exchange Commission showing that it wants to include cash-settled Bitcoin futures as eligible investments for two of its funds—the latest instance of a major financial institution dipping a toe into cryptocurrencies.    Getty Images Key Facts Two new filings, for the BlackRock Global Allocation Fund and the BlackRock Strategic Income Opportunities Portfolio, state that “certain funds may engage in futures...

Market Wrap: Bitcoin Drops Briefly Below $33.5K While Ether Calls Dominate Options

Bitcoin is recovering from a steady price decline while ether options traders anticipate another high-water mark after it hit an all-time high of $1,439.Bitcoin (BTC) trading around $35,023 as of 21:00 UTC (4 p.m. ET). Slipping 4.1% over the previous 24 hours.Bitcoin’s 24-hour range: $33,430-$36,794 (CoinDesk 20)BTC above the 10-hour but way below the 50-hour moving averages on the hourly chart, a sideways signal for market technicians.Bitcoin trading...
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