Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year. Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year, data from Morningstar via the Wall Street Journal (WSJ) reveals. As of July 9, the investment instrument is yielding a 296% appreciation YTD […]
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The surge in crypto prices in Q2 of 2019 is backed by a respective growth in fundamental indicators… For crypto markets, the second quarter of this year has been the best three-month sequence since the bear turn of early 2018 put a brutal end to the dreams that the explosive growth of coin prices was […]
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Peer-to-peer torrent client BitTorrent has launched its downloads optimization software, BitTorrent Speed, with native token functionality. Peer-to-peer torrent client BitTorrent has launched its downloads optimization software, BitTorrent Speed, with native token functionality. The news was revealed in an official press release published on July 8. As reported, Bittorrent launched a native TRON blockchain-based token, BitTorrent […]
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Another 24 hours of significant btc price gains have delighted bitcoin traders as fears of a pullback replaced by bullish sentiment. Bitcoin (BTC) felt more bullish than ever June 9 after another 24 hours of upside propelled markets close to $13,000. Market visualization courtesy of Coin360 Data from Coin360 painted a rosy picture for cryptocurrency […]
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LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches. LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches. The news was reported by business technology site ZDNet […]
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Fortress Investment Group has reportedly sent out an email offering to buy Mt. Gox creditors’ bitcoin claims for $900 per bitcoin. Fortress Investment Group is buying bitcoin (BTC) claims from Mt. Gox creditors, according to a report by CoinDesk on July 8. The Japan-based cryptocurrency exchange Mt. Gox filed for bankruptcy in 2014 after losing […]
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The global blockchain supply chain market is expected to reach over $9 billion by 2025, according to a recent study by Allied Market Research. The global blockchain supply chain market is expected to reach over $9 billion by 2025, according to a study published by market research and consulting firm Allied Market Research (AMR) on […]
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Grayscale announces renewed offering of bitcoin shares to accredited investors in a private placement. Grayscale Investments has resumed private placement of Grayscale Bitcoin Trust (GBTC) shares, according to a press release on July 8. According to the announcement, the private placement of GBTC shares is offered periodically to accredited investors — as defined in Rule […]
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Bitfinex has committed to using 27% of Tokinex’s past and future revenue for burning the LEO utility tokens. Bitfinex cryptocurrency exchange announced that it will spend 27% of past and future Tokinex revenue on burning LEO tokens, according to an official blog post on July 8. Bitfinex unveiled LEO in May as the native utility […]
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The U.S. SEC and FINRA have issued a statement on regulatory compliance issues for crypto custodians. The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) outlined regulatory compliance issues for cryptocurrency custodians in an announcement on July 8. According to the joint statement, the organizations have yet to discover […]
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