Crypto fund manager Bitwise surpassed $500 million in assets under management (AUM) and recorded Q4 inflows into its Bitcoin, Ethereum, and crypto index funds, outpacing previous quarters.  On 28 October 2020, Bitwise Surpassed $100 Million in AUM after the firm recorded increasing demand from hedge funds and advisors.  Bitwise’s 10 Crypto Index Fund which tracksContinue reading “Fund manager Bitwise surpasses $500 million in Bitcoin, Ethereum and other crypto AUM”

Earlier today, Bitcoin’s record-breaking surge to the $34,000-mark made headlines across mainstream media platforms, which attracted long-time Bitcoin critic Peter Schiff to comment on the same. The gold advocate recently took to Twitter and said:  It seems like a pretty good indicator of a market top. Schiff has been known to criticize the popular assetContinue reading “Does this Bitcoin critic think Bitcoin has reached its market top?”

Many central banks around the world are now engaged in some type of CBDC exploration. Time and again, they have claimed that digital currencies could provide far better oversight into monetary movements. Governments that seek to combat money laundering and corruption have all come to the conclusion that CBDCs can help them trace illicit activities. Continue reading “Will demand for Monero, other privacy coins increase as CBDCs become 2021’s reality?”

New research indicates 78% of the circulating Bitcoin supply, which is 14.5 million BTC, as being illiquid. According to analysts Kilian Heeg and Rafael Schultze-Kraft at Glassnode, increased perception of Bitcoin as a store of value and hodling activity is reducing liquid bitcoin.  Illiquid Bitcoin has been increasing this year, which means there will beContinue reading “Bitcoin’s liquidity crisis? Why it’s getting harder to buy Bitcoin”

Gold advocate and Bitcoin critic Peter Schiff has become the second most influential Bitcoin figure, ranking below Morgan Creek’s Anthony Pompliano, according to social media analytics platform Lunarcrush.  Self-claimed Bitcoin pioneer and podcaster, Max Keiser who ranked fifth has often criticized Peter Schiff for his opposing views on Bitcoin. However, Schiff has been ranked second,Continue reading “This Bitcoin hater becomes second biggest ‘Bitcoin influencer’”

Francis Suarez, Mayor of Miami said that he was “definitely open to exploring” new resident Anthony Pompliano’s suggestion of allocating “1% of the city’s treasury reserves in Bitcoin.” He also mentioned that Florida’s Chief Financial Officer, Jimmy Patronis was “forward-thinking” about blockchain and crypto technology. Suarez said this in response to the CFO’s tweet thatContinue reading “Miami Mayor explores idea to put 1% treasury reserves into Bitcoin”

New York-based fund manager VanEck has recently filed for registration for their upcoming VanEck Bitcoin Trust with the United States Securities Exchange Commission (SEC). According to the document filed with the federal agency, the preliminary prospectus was filed on 30 December 2020. Twitter user Kevin Rooke drew attention to the filing from the $49 billionContinue reading “VanEck files SEC registration for Bitcoin ETF again”

The world’s first physical crypto bank has launched in India that will allow users to transact in cryptocurrency and fiat through a single account. United Multistate co-op society or Unicas, an online crypto bank will open its first physical branch in Jaipur and will roll out 14 more branches across NCR, Rajasthan, and Gujarat byContinue reading “Indian crypto bank opens first physical location in Jaipur”

Coinbase announced that it has halted XRP trading, in the aftermath of US Securities and Exchange Commission accusing Ripple and co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over $1.3 billion through an unregistered, “ongoing” securities offering. The federal agency claimed XRP was security, in its charges. Additionally, Stephanie Avakian, director of SECContinue reading “Coinbase to suspend XRP trading on Jan 19”

It looks like the fate of XRP continues to wane as yet another exchange suspended trading of Ripple’s native crypto today. Crypto exchange Bittrex said that it has paused XRP trading, because of the US Securities and Exchange Commission accusing Ripple as well as co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising overContinue reading “Bittrex delists XRP in wake of SEC proceedings against Ripple”

Not many can deny that bitcoin is in the final leg of the 2020 bull run before it hits the $30,000 mark. In fact, bullish 2021 predictions expect bitcoin’s price to range from $36,000 to beyond $300,000. With regard to the digital asset’s price surges, Jeremy Allaire, of Circle spelled out key drivers for thisContinue reading “What’s driving the current Bitcoin bull run?”

Ricardo Salinas Pliego, a Mexican billionaire businessman believes that bitcoin is his best investment ever. In a recent interview, Salinas said that he first heard about Bitcoin from a Grayscale representative who gave a talk about how Bitcoin was “going to take over.” After the conference, the businessman said that he invested a small amountContinue reading “Lessons in Bitcoin: Here’s what this billionaire plans to do with his Btc”