Bitcoin

If Grayscale Was an ETF, it Would Have Been The 19th Largest with AUM of $60B

Following yesterday’s price increases and new records, the world’s largest digital asset manager reached an ATH of its own in terms of AUM by topping $60 billion. Interestingly, if the company operated as an exchange-traded fund, it would have been the 19th-largest. If ETF, Grayscale Would Be in Top 20 Launched in 2013, Grayscale is...
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Landry’s Teams Up With NYDIG for Bitcoin Loyalty Rewards Program

The meteoric rise of Bitcoin (BTC) and altcoins is prompting businesses to reassess ways in which they can leverage the crypto sector. Landry-NYDIG’s partnership, for one, will focus on powering a Bitcoin loyalty rewards program at the restaurant giant’s 500 locations across the country. The CNBC report reveals the initiative will be available to the...
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Zimbabwe Refutes Plans to Embrace Bitcoin (BTC) as Legal Tender

El Salvador’s adoption of Bitcoin as a legal tender has spurred many debates and discussions on the potential financial ramifications. But it seems like Zimbabwe is not planning to follow in the footsteps of the central American country any time soon., despite the recent reports claiming otherwise. CBDCs Yes, But No Bitcoin While denying the...
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Extreme Bullish Case For Bitcoin! Will Robinhood Propel BTC Price to$70K Mark?

Robinhood has been one of the top-tier exchange platforms. Any news on Robinhood is of immense importance for traders and investors. Meanwhile, The exchange platform has been gaining limelight across public platforms. With news revolving around the firm. Advertisement The platform discloses that 1.6 million people are awaiting the crypto wallet from the exchange platform....
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Apple CEO Tim Cook Confirms Owning Bitcoin or Ethereum

The CEO of the tech mogul Apple, Tim Cook, revealed that he is personally invested in Bitcoin or Ethereum. With a current market cap of around $2.476 trillion, Apple is ranked the second-largest company in the world. Its CEO, Tim Cook, speaking at the DealBook conference Tuesday, revealed that he is personally invested in Bitcoin...
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Bitcoin Investor Confidence Highest Ever as BTC Price Closes on $70K

In its weekly on-chain report, Glassnode has stated that investor confidence is at a peak as price and on-chain metrics for Bitcoin continue to improve. It added that there had been continued strength in on-chain supply dynamics, and activity remains well below bull market highs, suggesting there is more room to grow. “Bitcoin investor conviction...
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Lending Platform BlockFi Files For Physically-Based Bitcoin ETF

Centralized cryptocurrency exchange and lending platform BlockFi is next in line to file for a Bitcoin ETF with the SEC. However, this ETF is intended to be backed by hard Bitcoin holdings, rather than futures contracts. The BlockFi NB Bitcoin ETF According to company documents filed earlier today, the “BlockFi NB Bitcoin ETF” (Ticker: BBBB)...
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After the US: Spain Gears Up for Bitcoin ETF Launch by Banco Santander

Bitcoin ETFs have been a smash hit this year, especially since the launch of the first futures one in the United States last month. But the Spanish counterpart may not be far behind as well. As a matter of fact, the Spanish multinational financial services company Banco Santander is looking to release its very own...
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Cryptocurrency Market Cap Paints a New All-Time High Above $3 Trillion

Positive market momentum during Monday morning’s Asian trading session has resulted in a 3.1% gain for the total crypto market capitalization. According to analytics website CoinGecko, this has pushed it to an all-time high above $3 trillion at the time of writing. The total market cap has increased by 8.4% over the past seven days...
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Bitcoin Demand Trends Downwards as Institutions Move Into DeFi and Altcoins, Says Genesis

Digital assets firm Genesis recently published its Q3 Market Observations Report, and it highlights some of the major trends across the market. This time, it shows the demand for bitcoin had faded during Q3 as institutions were exploring DeFi platforms and altcoins. BTC Demand Trends Downward Due to Institutionalization As per the report, BTC demand...
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Canadian Investment Giant IGM Could Launch Bitcoin and Ethereum Products in 2022

IGM Financial Inc., a 40-year-old Canadian wealth manager, could be next in line to launch Bitcoin and Ethereum services for its clients, suggested the company’s CEO, James O’Sullivan. Founded in 1978, IGM Financial is a large Winnipeg-based investment company with over $260 billion in assets under management. The firm’s Chief Executive Officer – James O’Sullivan...
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How Important is the Upcoming Week For Bitcoin and Ethereum Price?

The weekend just started and most of the crypto assets initiated a downtrend, as seen in major of them currently. The top two assets, Bitcoin and Ethereum price are experiencing a notable drain. The plunge is not huge, yet impacts the other altcoins within the crypto space, either positively or negatively. Yet with the end...
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Brazilian Politician Proposes Bill to Offer Government Workers Payments In Bitcoin

Cryptocurrencies are continuing to gain traction as a payment option by businesses and governments alike. Recently, Deputy Luizão Goulart of Brazil proposed a bill to allow public and private sector workers to be paid in bitcoin. If passed, this would be the biggest national move to support digital asset adoption since El Salvador’s legal tender...
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Bitcoin Flat at $61K, SHIB’s Rollercoaster, and Market Cap Hitting ATH: This Week’s Crypto Recap

It was a very dynamic week in the cryptocurrency industry, even though it may not seem that way judging by Bitcoin’s price. And yet, we saw a lot of action in the altcoin scene, especially with memecoins and play-to-earn projects, so let’s dive in. Starting off, Bitcoin failed to produce any meaningful gains over the...
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Jefferies’ Chris Wood Boosts Bitcoin (BTC) Exposure to 10%, Trims Gold

Selling gold for Bitcoin (BTC) appears to be the new strategy among some investors. Jefferies’ Christopher Wood is no exception. He is now trimming his allocation to the precious metal to expand his exposure to the world’s largest cryptocurrency. Wood, who happens to be the global head of the investment banking firm, also believes traditional...
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Bakkt to Allow its Users to Buy and Sell Ethereum (ETH)

Shortly after becoming a publicly-traded company, Bakkt Holdings has announced that its customers will be able to interact with the second-largest cryptocurrency as well. Owned and operated by the Intercontinental Exchange, Bakkt Holdings is among the largest regulated cryptocurrency platforms providing Bitcoin services to its clients. Its portfolio of available digital assets will double soon,...
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BetaShares Crypto ETF’s Record-Setting Debut Depicts Rising Investor Appetite in Australia

Similarly to US investors, Australians displayed an enhanced appetite for cryptocurrency-related exchange-traded funds. Shortly after the launch of BetaShares’ CRYP, the volume went through the roof and set a new record. Understanding BetaShares’ CRYP Echoing the monumental day of the first Bitcoin Futures ETF debut on Wall Street, BetaShares Crypto Innovators ETF (CRYP) pierced through...
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Mayor of New York Will Accept His First Three Paychecks in Bitcoin

Eric Adams – New York’s newly elected mayor – has just confirmed that he will accept his first three paychecks in Bitcoin. This comes shortly after the mayor delivered an electoral victory speech promising to make New York “a center for Bitcoin.” In New York we always go big, so I’m going to take my...
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Leading Indian Payments Platform May Implement Bitcoin Services If Regulators Greenlight Crypto

Madhur Deora – CFO of Paytm – recently said that his company might enable Bitcoin offerings if it gains permission from Indian regulators. Paytm is one of India’s largest mobile payment platform, meaning over 330 million users could gain access to simplified Bitcoin payments if the company follows through. Waiting on Regulator’s Permission The CFO...
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Google Invests $1B in Bitcoin Futures Provider CME Group

CME Futures, the futures-exchange giant that offers regulated bitcoin services, has secured a massive investment from Google worth $1 billion aiming to transfer its core trading systems to the cloud. The news was first reported by the Wall Street Journal, and informs that the tech giant will provide its cloud services to CME to “power...
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CashApp Now Available to 13 and Above: Will Teens Soon Be Able to Buy Bitcoin?

Jack Dorsey – CEO of Square – recently announced that CashApp would be available to anyone 13 years and older. Notably, CashApp offers users the opportunity to easily purchase Bitcoin alongside stocks. This may mean that, in the near future, teenagers could start purchasing BTC. Bitcoin for Teens? The CEO revealed the news for teens...
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Will New York Transform into a Bitcoin Hub Under the Newly-Elected Mayor Eric Adams?

Former police officer Eric Adams was elected the 110th mayor of New York City over Republican anti-crime activist Curtis Sliwa. Adams had promised to restore the pandemic-ravaged city to its former glory within a year. But this victory can also pave the way for New York to become a Bitcoin hub as visioned by the...
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Tuenti’s Founder Tortured to Reveal His Bitcoin Private Keys (Report)

Zaryn Dentzel, the founder of the popular mobile virtual network operator Tuenti, has had his bitcoins stolen, according to a recent report. The crime transpired in his house after a group of five perpetrators broke in and tortured him for his password containing the BTC wealth. As reported by El Espanol on November 3rd, Dentzel,...
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Miami’s Mayor to Become the First US Politician to Take His Salary in Bitcoin

Francis Suarez – the pro-crypto mayor of Miami – vowed to receive his next paycheck entirely in bitcoin. Thus, he can become the first American politician to be paid in the primary cryptocurrency. Proving His BTC Support Ever since the beginning of 2021, Francis Suarez has demonstrated quite a favorable approach towards the cryptocurrency industry...
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Bitcoin to Reach $98K This Month, According to S2F Creator PlanB

Bitcoin’s price could add 60% of value in the next 30 days to close just shy of $100,000, predicted the analyst behind the popular stock-to-flow model, PlanB. He was spot on in regards to the September BTC close price and was agonizingly close in October. Bitcoin to Near $100K By November’s End? PlanB is among...
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Australia’s Securities Regulator Issues New Positive Guidelines on Bitcoin and Ethereum ETPs

The Australian Securities and Investments Commission (ASIC) has taken slow but cautious steps regarding an exchange-traded product tracking the performance of bitcoin or another cryptocurrency. In the latest development, the organization published guidance detailing regulatory requirements for funds waiting to offer crypto ETPs, including exchange-traded funds (ETFs) and structured products. The guidance is designed to...
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Bitcoin Price Climbs Back ! Will BTC Flip Down For a Deep Correction?

It’s been a bullish day for the crypto market after a broadly optimistic day for Bitcoin and the broader market on Thursday. Advertisement Bitcoin Price Action Bitcoin surged to an early morning current day high of $62,100.0, avoiding the first key support level at $57,988. However, after failing to break through the first major resistance...
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The Weekly Recap: Shiba Inu Up 150%, ETH Sets ATH, Bitcoin Dips Below $60K

There are no boring days in crypto. This week was the definitive proof of this. We saw something insane happen literally every day from the past seven, so let’s start with Bitcoin. This time last week, there were already some signs of indecisiveness in bitcoin’s price, which was approaching $60K. On Sunday, though, bulls stepped...
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Is Direxion’s Short Bitcoin Futures Product A Daring Move?

US ETF issuers are looking for new ways to capture the attention of institutions a week after the watershed launch of Bitcoin ETF. Direxion, for one, is offering an ETF that shorts crypto futures. October 19th was a monumental day for the entire cryptocurrency industry. Right after ProShares’ Bitcoin ETF welcomed impressive volume on the...
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Tesla May Start Accepting Bitcoin Payments Again

According to its third quarterly report filing with the U.S. Securities and Exchange Commission, Tesla could restart accepting cryptocurrency payments. It stated that during the nine months that ended Sept. 30, the company purchased an aggregate of $1.5 billion in BTC. Up until the end of March, it accepted Bitcoin as a payment for sales...
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Bitcoin (BTC) $ 67,029.96 0.22%
Ethereum (ETH) $ 3,127.24 1.24%
Tether (USDT) $ 1.00 0.00%
BNB (BNB) $ 578.04 0.37%
Solana (SOL) $ 173.28 2.77%
USDC (USDC) $ 1.00 0.01%
Lido Staked Ether (STETH) $ 3,124.07 1.26%
XRP (XRP) $ 0.521917 0.46%
Toncoin (TON) $ 6.46 2.38%
Dogecoin (DOGE) $ 0.153824 0.54%