A top ten crypto index by Bitwise has outperformed the assets themselves as FOMO takes hold. Leading crypto fund manager Bitwise Asset Management has announced that its 10 Crypto Index Fund is trading at a much higher premium than the underlying assets it represents. The BITW fund saw record initial trading volumes with shares in […]
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New partnerships, network upgrades, and a surge in DeFi activity sent Zilliqa price on a strong month-long rally. In the past month, Bitcoin (BTC) and Ether (ETH) basked in the limelight as each rallied to new yearly highs. Investors tend to focus their energy on the larger cap altcoins, which leads to smaller cap coins […]
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Estonia has withdrawn permits from one thousand crypto companies this year. One of the countries lauded as being among the most crypto friendly in the European Union revoked the licenses of more than 1,000 crypto firms in 2020. According to news outlet Postimees, Estonia’s Financial Intelligence Unit, or FIU, has revoked the licenses of roughly […]
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The Tron Foundation has filed a motion to dismiss a lawsuit from plaintiffs alleging securities violations with its $70 million 2017 ICO. The Tron Foundation has requested a New York federal judge dismiss a class action lawsuit alleging securities violations through Tron’s 2017 initial coin offering, describing the claims as “fatally flawed.” The Chinese blockchain […]
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The price of Bitcoin just hit a new all-time high of $21,569 — but do crypto holders who got out early have any regrets? The Bitcoin price passed $21,000 for the first time in history on Dec. 16, not long after the crypto asset broke the psychological $20,000 threshold. BTC/USD weekly chart. Source: Tradingview The […]
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Much of the crypto market is bullish on Bitcoin, with Guggenheim Partners pricing the asset at $400,000. Bitcoin (BTC) has attracted a lot of proponents this year, with many folks expressing positive market sentiment following the asset’s recent rise to $20,000 and beyond. Not everyone is overly bullish though. Peter Brandt, a long-time traditional market […]
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Bitcoin DeFi, Bitcoin on Ethereum: We explore the ways DeFi and Bitcoin intersect. Finance Redefined is Cointelegraph’s DeFi-centric newsletter, delivered to subscribers every Wednesday. Today the crypto world is celebrating Bitcoin’s new all-time high. We did it guys! We’re back to $20,000 after three grueling years. So for this reason, this will be a bit […]
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Bitcoin price may have broken above $20,000 but the 40% decrease in volume shows bears are watching BTC closely. Today Bitcoin (BTC) price blasted through the $20,000 level and in the process, a record $7.9 billion in futures open interest was set. Although the price increased by 74% over the past two months, the total […]
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“I have already done hundreds of transactions on the ETH chain and by one oversight, rush, and my son’s lessons, I lost my life savings.” According to a Github post made today, user dawidkabani13 claims to have accidentally sent 4,005 Chainlink (LINK) — $53,226 at the time of publication — to an Aavegotchi (GHST) smart […]
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Another mainstream giant unveils its bullish position on Bitcoin. 2020 has been a big year for mainstream Bitcoin (BTC) adoption. One of the most recent entrants to the space is One River Digital Asset Management, a hedge fund headed up by CEO Eric Peters. The firm expects to own approximately $1 billion in Ethereum (ETH) and […]
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