Ninepoint Partners Launches Bitcoin Trust Shares Just Like Grayscale
The Initial Public Offering for the Bitcoin Trust was completed for 230 million Canadian Dollars, equivalent to around 180 million USD.Ninepoint Partners LP has gone public with its Bitcoin Trust shares following the footsteps of Grayscale Bitcoin Trust (OTCMKTS: GBTC). The company announced the...
Reddit Partners Ethereum Foundation to Create Scaling Tools
The latest partnership with the Ethereum Foundation adds up to the already long list of Ethereum-focused projects between the two firms.
Reddit has announced a partnership with Ethereum Foundation in what it calls its first-ever blockchain partnership. The partnership according to Reddit seeks to strengthen...
Anthony Scaramucci says GameStop rally is evidence of Bitcoin “proof of concept”
Former White House Director of Communications Anthony Scaramucci says the GameStop rally shows why Bitcoin, as a concept, will succeed.Bitcoin’s bright futureThe GameStop rally has come to symbolize individual power exceeding the might of Wall Street. Scaramucci, who co-founded alternative investment firm SkyBridge Capital,...
Bitcoin ETF unlikely until market cap reaches $2 trillion, fund manager says
A crypto manager said that the much-awaited Bitcoin ETF in the US would likely be delayed until the milestone is reached.Sorry, no Bitcoin ETFBitcoin and cryptocurrency exchange-traded funds (ETFs) have been on the wishlist of crypto market participants for years now, especially among the...
Bitcoin bull Mike Novogratz: GameStop (GME) rally is an “endorsement of DeFi”
If you’ve been following the news at all over the past week, you know of the story of GameStop.The GameStop stock, which trades under the ticker GME, has undergone an extreme rally of over 1,000 percent in the past two weeks, which is somewhat...
What were investors thinking as the Bitcoin price slipped under $30,000?
Bitcoin’s price slipped under $30,000 a few hours ago as selling pressure began to pick up across top exchanges. This came after BTC attempted to push past the $33,000-34,000 resistance region on Monday.The cryptocurrency has since bounced after slipping under $30,000, bottoming in the...
Early Bitcoin advocate Chamath Palihapitiya to contest for California governor
The star money manager made a big Bitcoin bet back when the project was in its nascency. And he now wants to make the US a better place.Pushing for education and zero state taxSocial Capital founder Chamath Palihapitiya wants to run for the position...
Bitcoin drops below $30k with $450 million in futures liquidated—what’s next?
The cryptocurrency market saw over $450 million worth of futures contract positions liquidated in the last 24 hours. In the same period, Bitcoin pulled back by more than 7%, showing weakening momentum.On Binance, the price of Bitcoin dropped to as low as $29,500, retesting...
Ripple Faces Another Lawsuit in Florida
Ripple has already faced a similar case filed against it by the SEC, which alleges that the XRP token is a security and not a crypto asset.Ripple Labs is facing another imminent lawsuit as the crypto firm has been sued by Tyler Toomey, an...
Mike Novogratz’s Galaxy Digital to Launch Several Ethereum Funds Citing ETH as Growth Asset
Staying bullish on Ethereum (ETH) as a potential growth asset, Galaxy Digital announced new ETH funds with onshore and offshore investment facilities.Wall Street veteran Mike Novogratz‘s crypto investment firm Galaxy Digital is planning the launch of multiple Ethereum funds. In a document accessed by...
