Crypto

Crypto investment firm Grayscale sees 900% jump in assets to $20 billion amid bitcoin frenzy

3 years ago

Grayscale kicked off last year with $2 billion in assets under management and ended with more than $20.2 billion, driven by demand from institutional investors such as hedge funds, endowments and pension funds.
Grayscale’s Bitcoin Trust became a popular, publicly traded way for investors to get exposure to cryptocurrency without owning the coins themselves.
“There’s no longer professional risk of investing in the digital currency asset class — there’s probably more career risk in not paying attention to it,” said CEO Michael Sonnenshein.

Russell Okung’s bitcoin salary could trigger more pro athletes to invest

3 years ago

The Carolina Panthers offensive linemen agreed to have roughly $6 million of his salary diverted to mobile payment company Strike to purchase bitcoin investments.
With bitcoin’s price regularly reaching new highs, other pro athletes could be triggered to start investing in the cryptocurrency.

Bitcoin climbs past $19,000 and closes in on record price

3 years ago

The price of bitcoin has climbed past $19,000 as the cryptocurrency’s 2020 surge continues.
It was trading about 4.25% higher on Tuesday morning at $19,207, according to data from industry site CoinDesk.
It is now creeping up toward the all-time high of $19,783 posted in a December 2017.

Bitcoin surges past $15,000, hitting its highest level since January 2018

4 years ago

Bitcoin was last trading almost 9% higher at a price of $15,233, according to data from industry website CoinDesk.
The world’s best-known cryptocurrency has been on a tear in 2020, more than doubling in value year-to-date.
Some analysts have linked its rise to unprecedented stimulus from global governments and central banks.

Record $1 billion worth of bitcoin linked to the Silk Road seized by U.S. government

4 years ago

Thousands of bitcoins — worth $1 billion — were seized by law enforcement this week in what the Justice Department said was the largest seizure of cryptocurrency in the history of agency.
The cryptocurrency is linked to sales of illicit drugs and goods on Silk Road, a dark web marketplace that shut down in 2013.
“Silk Road was the most notorious online criminal marketplace of its day,” says U.S. Attorney David Anderson of the Northern District of California. “The successful prosecution of Silk Road’s founder in 2015 left open a billion-dollar question. Where did the money go?”

Crypto

U.S.-China trade deal will hold for now, former Trump trade negotiator says

4 years ago

The trade deal inked by Washington and Beijing is likely to hold for now, according to former top White House trade negotiator Clete Willems.
Willems’ comments came White House advisor Peter Navarro stoked confusion about the status of the U.S.-China trade deal, which briefly sent investors reeling.
Following the debacle, Willems said there are “two lessons” that investors can learn from this.

XRP loses 10% as cryptocurrency market struggles

4 years ago

XRP, the third-largest cryptocurrency by market capitalization, has lost a further 10.14% in the last day to fall back to just $0.273.

Today marks the third consecutive day of losses for the cryptocurrency, which fell from a 2020 peak of over $0.343 down to its current value—equivalent to a loss of almost 19% in less than three days.

Bitcoiners Are Biohacking a DIY Coronavirus Vaccine

4 years ago

Anonymous bitcoiners are taking the search for a coronavirus vaccine into their own hands, bypassing academia, pharmaceutical companies and the U.S. Food and Drug Administration (FDA).

There’s a Colossal $40M Sell Wall Preventing Bitcoin From Crossing $10,000

4 years ago

The price action over the past few days has undoubtedly been positive for Bitcoin. After bottoming at $8,180 on the day of the block reward halving, the cryptocurrency has shot higher, approaching $9,900 just hours ago.With the price now consolidating around $9,800, analysts are hopeful that BTC will break past $10,000.

20 Blockchain Surveillance Firms Monitor Crypto Networks, But Some Apps Show Inaccuracies

4 years ago

During the last few years, blockchain surveillance has increased a great deal and in the early days around 2013-14, there were only a handful of firms. Now there are more than 20 blockchain analysis companies that monitor addresses, transactions, and making sure addresses are AML/CFT compliant as well.

Crypto

Crypto investment firm Grayscale sees 900% jump in assets to $20 billion amid bitcoin frenzy

Russell Okung’s bitcoin salary could trigger more pro athletes to invest

Bitcoin climbs past $19,000 and closes in on record price

Bitcoin surges past $15,000, hitting its highest level since January 2018

Record $1 billion worth of bitcoin linked to the Silk Road seized by U.S. government

U.S.-China trade deal will hold for now, former Trump trade negotiator says

XRP loses 10% as cryptocurrency market struggles

Bitcoiners Are Biohacking a DIY Coronavirus Vaccine

There’s a Colossal $40M Sell Wall Preventing Bitcoin From Crossing $10,000

20 Blockchain Surveillance Firms Monitor Crypto Networks, But Some Apps Show Inaccuracies

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