Wed Nov 27 3:25 PM

Bullish? Grayscale bought $500 million worth of Bitcoin in a single day

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Grayscale purchased half a billion dollars worth of Bitcoin in the last 24 hours, according to Qiao Wang, an investor at DeFi Alliance.The massive increase in Bitcoin inflows into Grayscale merely a week after they reopened their products to new investors is indicative of...

Trezor Warns Users of a Malicious App on Google Play

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The malicious Trezor app has been downloaded over 1000 times and may have already caused some serious problems to unsuspecting users.Leading hardware wallet Trezor has warned its users of a malicious app that has been uploaded on the Google play store. Through a tweet...

CoinShares to Float Bitcoin-backed ETP on SIX Swiss Exchange

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The ETP product is set to complement CoinShares’ strategy in pushing Bitcoin into the mainstream cycle of adoption. CoinShares, the world’s first digital asset investor to launch a regulated Bitcoin investment fund and the world’s first bitcoin-based securities on a regulated exchange is set to...

Grayscale Pours Another $600M in Bitcoin (BTC), JPMorgan Backs Inflows

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Grayscale Bitcoin Trust pockets another 16,000 Bitcoins in a single day taking its net asset under management above $23 billion. The recent BTC purchase was 18x more than what Bitcoin miners added to the supply.Just a day after Coinspeaker reported that Grayscale raised $700...

Ethereum (ETH) Price Pops Over 13% in Past 24 Hours to Hit ATH

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The Ethereum ecosystem has significantly benefited from the booming decentralized finance industry.Ethereum (ETH) market price has jumped over 13% in the past 24 hours to hit its all-time high (ATH) set back during the 2017/2018 bull run. Ethereum market price rallied to slightly above...

What Is DeFi: Term People Want to Know

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Defi supplies the world’s new and large ranges of transparency to customers.The meaning of the term Defi is decentralized finance, which is an essential time period for numerous finance purposes in cryptocurrency and blockchain mining. But folks do not suppose a lot about its...

Insider Protocol Is Going to Start Working with Institutional Funds

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While the Insider Protocol is built for a diverse class of users, the platform has created its tested Option X algorithm that is best suited for institutional clients.Innovation in the blockchain and cryptocurrency ecosystem is still in its infancy and any innovation such as...

Bitcoin Long Now Ranks as Most Crowded Trade, Overtaking ‘Long Tech’

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Per the survey, a record number of investors expected higher inflation over the course of this year. Bitcoin trading, particularly a long position in the first-ever digital currency now ranks as the most crowded trade initiated in January. As reported by Reuters, the claim made...

Data shows Bitcoin mining difficulty flat despite near 300% gains in price

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Today sees the Bitcoin bulls mounting a fightback following the weekend slide. Although the leading cryptocurrency is up a relatively modest 3%, it’s still welcome news considering the pain of last week’s sell-off.Despite recent turbulence, Bitcoin’s macro performance has been nothing short of remarkable...

Wen DIGG? BadgerDAO’s Bitcoin rebasing token appears on chain

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Badger DAO has been one of the most-talked-about DeFi protocols over the past few months.The yield-farming protocol kicked off with a bang at the start of December when it distributed free BADGER tokens to thousands of DeFi users. Many sold it, though others held...