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Crypto News
Swiss Wholesale CBDC Trial Shows ‘Feasibility’ for Central Bank Money on Distributed Ledger, BIS…
An under-the-wraps Swiss trial testing how central bank money can be linked to financial markets built on distributed ledger technology (DLT) yielded positive results, the Bank for International Settlements (BIS) announced…
Grayscale set to split its Ethereum Trust Fund shares
Crypto investment and asset management firm Grayscale has announced it will be splitting its Ethereum shares in mid-December
For every held Ethereum share, there will be eight more shares after the split. The share split of its Ethereum…
First Mover: Bitcoin Needs No Vaccine as Druckenmiller Lays Down ‘Better Bet’
Nov 10, 2020 at 2:10 p.m. UTCUpdated Nov 10, 2020 at 2:22 p.m. UTC
What exactly are bitcoin traders betting on? Hedge fund legend Stan Druckenmiller calls it a better gold bet than gold itself. (National Gallery of Art, modified…
This $29B Asset Advisory is Giving Wealth Managers and Clients a Bitcoin On-Ramp
Somewhere between the Coinbase hawk and the institutional bitcoin whale lies a growing class of high-end retail investors pushing their money managers to join the bull run. Their calls grew loud enough for Mariner Wealth Advisors to take…
Traders Brace for Major Volatility as Bitcoin Price Nears Record Highs
Bitcoin traders expect a significant increase in volatility as the leading cryptocurrency continues to recoup nearly all its losses since topping out just below $20,000 in late 2017. Whether the volatility comes from increased buying or…
Blockchain Bites: Bitcoin’s Run, Uniswap’s Hemorrhaging Value, Anchorage’s Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago. Anchorage has applied with the OCC for a national bank charter. Community members have proposed a vote to reinstate Unsiwap’s liquidity mining program.Top…
Blockchain Startup Raises $12M Series A to Turn Brands Into Cellular Networks
OXIO wants to use blockchain to make “Telecom-as-a-Service” as common as SaaS.To that end, the New York-based startup is announcing Tuesday a $12 million Series A funding round, led by Brazilian VC monashees and Atlantico Capital, with…
The Smart Money Economy
Over the last several weeks, crypto asset prices have climbed to new heights. Bitcoin alone has broken the $300 billion market capitalization barrier, equivalent to the M1 money supply of a number of countries – from Poland, to Belgium or…
Airbnb’s IPO Prospectus Says Firm May Consider Crypto and Blockchain
Airbnb may have had a change of heart on cryptocurrencies, according to the prospectus for its planned initial public offering (IPO).Filed with the U.S. Securities and Exchange Commission Monday, the prospectus says the company’s “future…
First Mover: Bitcoin Tops $17K as Scaramucci Makes Entrée, Ethereum Meets Rival
Bitcoin climbed above topped $17,000 early Tuesday for the first time since January 2018, pushing this year’s remarkable rally to 137% on a year-to-date basis. That’s 10 times more than the Standard & Poor’s 500 Index of large…