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Bitcoin has long been known as a “store of value,” but is the world’s largest cryptocurrency transitioning to becoming a risk-off asset in 2022? Go to Source Powered by WPeMatico
“For us, we think the cryptocurrency markets represent tremendous growth,” said SkyBridge founder Anthony Scarramucci. Go to Source Powered by WPeMatico
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according to a company executive. Compass … Read more
DOGE’s price could swell by more than 150% on a classic bullish reversal setup known as the falling wedge. Go to Source Powered by WPeMatico
Gold surpassing Bitcoin’s returns this year is “unlikely,” Mike McGlone says, while former BitMEX CEO Arthur Hayes predicts seismic changes for both assets in the coming years. Go to Source Powered by WPeMatico
Ethereum price has been increasingly in lockstep with the Nasdaq, but there’s a catch. Go to Source Powered by WPeMatico
The number of Bitcoin addresses holding at least 1,000 BTC has risen in recent weeks. Go to Source Powered by WPeMatico
The DeFi ETF would be one of the first of its kind and follow the Bloomberg DeFi Index that tracks eleven DeFi protocols. Go to Source Powered by WPeMatico
Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.’” Grayscale’s First ETF Grayscale Investments, the world’s largest digital currency asset manager, announced Wednesday the launch of its first exchange-traded fund (ETF) called Grayscale Future of Finance … Read more
The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets. Go to Source Powered by WPeMatico
