In the story of Noah’s Ark in the Book of Genesis, God has come to a decision. Man had strayed far from God’s instruction, and annihilation was the chosen solution to set straight our wayward kind. Noah was known to be a virtuous man, so he and his family were chosen by God to repopulate the Earth in the days…
Month: October 2021
Grayscale Confirms Plan to Convert GBTC Into Bitcoin ETF – Finance Bitcoin News
Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin ETF Grayscale Investments has confirmed that it will convert its flagship product, Grayscale Bitcoin Trust…
US Treasury says it must ‘modernize and adapt’ to digital currencies
The United States Department of the Treasury has issued a review on sanctions and suggested the government do more to develop its infrastructure and policies in regards to digital assets.In an Oct. 18 report, the Treasury Department said the growing use of digital assets was hampering the implementation of sanctions while balancing funds from legitimate humanitarian organizations. The department suggested…
Here’s why analysts are saying ‘No FOMO’ ahead of Bitcoin’s ETF launch
The day the crypto traders have long-awaited is almost here. At the opening bell on Oct. 19, a ProShares futures-based BTC ETF is scheduled to launch and analysts are predicting that additional ETFs will rollout over the coming week. Data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt by bears to drop the price back below $60,000…
Elon Musk Wrong Bitcoin Block Size
At “The B Word” conference earlier in the summer, there was a memorable panel event with Elon Musk, Cathy Wood and Jack Dorsey in which we were able to ascertain a little more (than we had often seen in tweets) about Elon Musk’s Bitcoin views. This article is an attempt to dissect and evaluate what he said around Bitcoin’s block…
Mudrex launches DeFi mutual fund model for retail investors
Cryptocurrency asset management firm Mudrex has announced the launch of its new Coin Sets investment vehicle.The new offering allows investors to diversify their asset portfolio across a range of high-performing decentralized finance, or DeFi, assets, as well as nonfungible tokens, or NFT’s. The niche financial model fosters the distribution of risk exposure in what is often considered a volatile marketplace, allowing…
Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K – Markets and Prices Bitcoin News
The price of bitcoin recently jumped above the $60,000 per unit mark on October 15, and the leading crypto asset has not seen prices this high since mid-April six months ago. However, as far as the top digital assets are concerned, in terms of market capitalization, things are a whole lot different. For instance, ether tokens are worth a lot…
Bulls target $100 Filecoin (FIL) after data points to improving fundamentals
Some traders have said that Filecoin (FIL) has lost its momentum because its current price at $64 is more than 70% below its all-time high at $238. However, this decentralized data-sharing platform is showing signs of increasing adoption and this could cause the FIL token price to accelerate its current uptrend.The FIL token is used to purchase storage space and…
Carl Icahn Market Crisis Bitcoin Potential High Inflation
Excessive money supply and rising inflation could negatively affect U.S. markets, billionaire Carl Icahn said. “In the long run we are certainly going to hit the wall,” Icahn said. “I really think there will be a crisis the way we are going, the way we are printing money, the way we are going into inflation.” Bitcoin could be valuable if…
BEUROP Launches DeFi Trading and Marketing Platform for Blockchain Startups – Press release Bitcoin News
press release PRESS RELEASE. Blockchain Euro Project BEUROP has announced the launch of its DeFi trading and Marketing platform for cryptocurrency startups and everyday users. Monday 18th, London, England — Following the launch of it’s deflationary BEPR token, Blockchain Euro Project (BEUROP) is preparing to establish its first product: a DeFi crypto trading and marketing platform for developing blockchain industry…