Investors looking for a safer way to buy ETH are willing to pay a premium of more than 500% to buy it via Grayscale’s Ethereum Trust. Investors are paying a 515% premium to buy Ether through the Grayscale Ethereum Trust. It costs $90.55 to buy a share in Grayscale Investments’ Ethereum Trust (ETHE), however its […]
Continue ReadingSince Black Thursday, Bitcoin’s correlation with other cryptocurrencies has reached unprecedented heights, while turning negative with gold. Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold. Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold has been traditionally weak. […]
Continue ReadingNEM Foundation President Alexandra Tinsman announced plans to take a 6-month paid sabbatical amid large-scale restructuring of the coin’s operations. Sections of the NEM (XEM) community were in uproar this week after NEM Foundation President Alexandra Tinsman announced her intention to take a 6-month paid sabbatical. Tinsman’s decision to step back from the day-to-day running […]
Continue ReadingThe world’s number one customer relationship management platform Salesforce has integrated a commercial blockchain to serve better its clients. The world’s most popular customer relationship management platform Salesforce has integrated Lition’s commercial blockchain technology. Lition is one of the few public/private blockchains currently supported by a major cloud provider, Microsoft Azure. According to Lition, integrating […]
Continue ReadingNervos Network awarded $1 million dollars from its $30 million fund to several development teams. On April 9, Nervos (CKB), a public blockchain network, awarded $1 million dollars to several teams working on enhancements to its infrastructure. This represents the first of numerous upcoming payouts from the network’s previously announced $30M development fund. $100 M […]
Continue ReadingAnthony Pompliano gave his take on Kiyosaki’s Fed claims, agreeing that the entity may not be what it seems. Morgan Creek Digital co-founder and partner, Anthony Pompliano, expressed his view that the U.S. Federal Reserve may not quite be what it seems. His statement came in response to Robert Kiyosaki’s own claims about the Federal […]
Continue ReadingCanaan’s 2019 total net revenue plummeted to nearly $200 million figure. Nasdaq-listed Bitcoin mining equipment manufacturer, Canaan, reported a net loss of $148 million for 2019, according to the latest financial results filed with the Securities and Exchange Commission (SEC). The latest unaudited Q4 and 2019 financial results from the China-based company said that its […]
Continue ReadingIn an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to protect wealth in the upcoming future. In an exclusive interview with Cointelegraph, Anthony “Pomp” Pompliano explained why Bitcoin is the best asset to preserve wealth in the upcoming future. Pompliano reconfirmed his bullishness on Bitcoin, revealing he bought […]
Continue ReadingA Bitcoin ransom was paid by a London-based company after suffering a ransomware attack on their systems. London-based company, Travelex, reportedly paid hackers almost $2.3 million in Bitcoin (BTC) after suffering a ransomware attack on January 11. According to sources quoted by The Wall Street Journal on April 9, the UK firm’s networks were infiltrated […]
Continue ReadingGalaxy Digital’s net losses saw some improvement in Q4 2019, down from around $68 million in Q3 to about $33 million. Galaxy Digital, a major cryptocurrency investment bank founded by ex-Goldman Sachs partner, Mike Novogratz, continued its 2018 trend by posting another net loss in Q4 of 2019. According to an official April 8 announcement, […]
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