Crypto Lender BlockFi Launches Bitcoin Trust
BlockFi’s annual fee falls 0.25% below what industry leader Grayscale Bitcoin Trust (GBTC) charges investors as BlockFi aims to compete with GBTC for the top spot.BlockFi, the crypto lender and financial services firm, announced on February 9 it has launched a Bitcoin trust managed...
Ether Futures Recorded $30M Traded Volume on CME Debut
According to CME Group market data, a total of 388 Ether futures contracts exchanged hands on the first day of trading.The second digital asset by market capitalization Ethereum is now exposed to institutional investors through regulated Ether Futures on the Chicago Mercantile Group. Notably,...
Is Ethereum Price Able to Reach $2000 This Month?
Considering the fact that the crypto industry has been on a general bullish run recently, it is possible to assume that the value of Ethereum would break the $2000 level even before the end of the week.The two leading cryptocurrencies, Bitcoin and Ethereum, have...
Tesla Day 1 Bitcoin (BTC) Earnings at $500M, Close to Its 2020 Earnings of $720M
Tesla’s BTC purchase pushed Bitcoin 20% up in a single day thereby giving nearly $500 million returns in a very short time. Tesla’s entry has sparked speculations of big corporations joining the BTC bandwagon in the near future.A day after Tesla Inc (NASDAQ: TSLA)...
MicroStrategy CEO Launched Free Online Course about Bitcoin
Called “Bitcoin for Everybody”, the course promises to teach “Bitcoin economics, investment, philosophy, and history, as well as its technical and practical components,” in 12 hours.Michael Saylor, CEO of the largest independent publicly-traded business intelligence company MicroStrategy Incorporated (NASDAQ: MSTR), has launched a new...
DAOventures Automated DeFi Money Manager Brings DeFi to Masses
The DAOventures project is supported by its own governance token, the DVG, a token which allows users to shape the future direction of the protocol.DeFi may be the new kid on the blockchain, but such is the speed of the nascent sector’s development, even...
Binance Coin (BNB) Soars to New ATH Over $140 as Binance Drops Forbes Lawsuit
The surge in the price of the Binance Coin comes following the drop in the lawsuit filed by the exchange against Forbes and two of its journalists.The native cryptocurrency of the Binance Exchange, Binance Coin (BNB) continues to outperform with a new rally to...
Brazilian Asset Manager Hashdex Plans for World’s First Crypto Exchange-Traded Fund (ETF)
The new crypto ETF dubbed Hashdex Nasdaq Crypto Index ETF shall be available to the accredited non-US users. Being completely regulated, the product offers institutional investors a simple solution to get access to cryptocurrenciesOn Tuesday, February 9, Brazilian asset manager Hashdex announced plans to...
Deutsche Telekom Stakes on Blockchain after Supporting Chainlink
Deutsche Telekom has over the years focused on providing complex infrastructure providing the internet. For this reason, it is not far from its goal to provide infrastructure support to the recipients. The largest communication company in Europe by revenue Deutsche Telekom AG (ETR: DTE) has...
Crypto.com Integrates Its Crypto Pay and DeFi Swap Products for Increased Value Addition
Besides the existing benefits that Crypto.com Pay offers in terms of low gas fees, processing fees, and cashback to both users and merchants, the exposure to DeFi tokens broadens the parties’ coverage.Malta-based cryptocurrency exchange Crypto.com has announced the integration of its Crypto Pay and...