According to a Bloomberg report, sources close to the publication said that investors in a private auction had priced Coinbase shares at $350 each. The private auction on the Nasdaq Private Market ended on March 4. Coinbase is one of the most valuable crypto companies in the market. The private sale is generally an indicator … Continued
The pool of 280 respondents has revealed a noticeable shift in the outlook on crypto investments. Although the sample size is relatively small, the survey includes a variety of client types. Included are asset and hedge fund managers as well as corporate and insurance clients. Perhaps the most bullish takeaway shows that 40% of respondents … Continued
Crypto lending platform BlockFi is now offering interest payments to investors who deposit Chainlink (LINK). Currently, BlockFi offers interest on Bitcoin, Ethereum and stablecoins. According to CEO and co-founder Zac Prince, $35 million worth of interest payments were distributed to investors in February alone. BlockFi announced on Twitter the service is being extended to Chainlink. […]
The US dollar has performed fairly better against the booming risk-on sentiment that has witnessed the S&P 500, the Dow Jones, the Nasdaq Composite, and even Bitcoin achieve their respective record highs.
Daniel Pinto, co-president at JPMorgan and Chase Co in an interview to CNBC admitted that JPMorgan will have to be involved with Bitcoin as demand for cryptocurrency keeps rising among asset managers and investors. Bitcoin is becoming increasingly popular as an asset among major firms. Tesla and MicroStrategy are leading the way with Billion dollar
Investors are cooling on gold as its digital rival Bitcoin takes the front seat in the race between the hottest hedging assets against inflation and fiat devaluation.
The leading cryptocurrency bitcoin’s price reached a new record on Sunday, rising above $49,000 for the first time. Bitcoin reached about $49,694 earlier in the day before paring gains to around $47,000 at the time of writing. It’s now up almost 70% so far this year. Rival cryptocurrency Ether hit a record on Saturday and […]
For Bitcoin, 2020 was a monumental year, with its block reward halving followed by greater institutional investment culminating in the bull run which...
Announcing Our Latest Newsletter: UnchartedWe have recently started a bi-weekly newsletter, Uncharted. This newsletter covers BTC from both an on-chain and off-chain data...