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“# NBA’s Portland Trail Blazers to wear crypto logo for next five years ” The Portland Trail Blazers, an American professional basketball team competing in the National Basketball Association (NBA), is moving into the cryptocurrency industry with a new partnership. The NBA announced Thursday that the Trail Blazers has landed the league’s first jersey patch…
“# Crypto ownership has nothing to do with distrust in fiat: BIS study ” The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is linked to distrust in traditional finance. On Thursday, the BIS published a…
“# ‘Billion of users adopting Bitcoin? Maybe in ten years’, says Dan Held ” Bitcoin has a good chance of becoming the world reserve currency, although we are “at least ten years away from that”, said Kraken’s head of growth Dan Held in an exclusive interview with Cointelegraph. According to Held, the transition to an…
“# Why is Wall Street becoming less interested in Grayscale’s Bitcoin Trust? ” There is a reason why Grayscale Bitcoin Trust (GBTC) emerged as a benchmark to measure institutional interest in Bitcoin (BTC). Grayscale no longer the only option for investors The digital currency investment product was among the only ones that offered hedge funds,…
“# Polkadot ETP hits Swedish stock market ” The mainstream financial world has taken notable strides to incorporate various crypto assets. A new exchange-traded product (ETP) for Polkadot (DOT) recently surfaced on a mainstream exchange in Sweden. The Nordic Growth Market now hosts buying and selling for the DOT ETP, officially labeled as the “VALOUR…
“# More than half of Australians think Elon Musk invented Bitcoin: Survey ” Australians’ knowledge of cryptocurrency could use some improvement, as more than half of them think that Elon Musk created Bitcoin (BTC), according to a new survey. Finder, Australia’s most visited comparison website, conducted a survey of 1,004 Australians to find out more…
“#Gia Coppola’s Mainstream is an Enchanting, Unsurprising Cautionary Tale” Gia Coppola’s Mainstream opens on Frankie (Maya Hawke) — an aimless twenty-something living in L.A. who bartends to get by but dreams of making it big on YouTube. The film introduces her using text-on-screen in a series of dialogue cards straight out of a movie from the…
“# Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury ” Mercado Libre, the largest e-commerce platform in Latin America, has announced to the U.S. Securities and Exchange Commission (SEC) that it acquired $7.8 million in Bitcoin in the first quarter of 2021. It stated in the report: “As part of our treasury…
“# Investment app Betterment still not ready to offer crypto services, says CEO ” Betterment, a major financial advisory company providing robo-advising and cash management services, has not yet decided whether it will introduce cryptocurrencies to its platform. Betterment is still researching a potential expansion of its services to inclue digital assets like Bitcoin (BTC),…
“# Impact of crypto still years out, T. Rowe Price’s head says ” Although the crypto space has been around for more than a decade, William Stromberg, CEO of mainstream investment management outfit T. Rowe Price, thinks the asset class is still finding its sea legs. “It’s early days,” Stromberg told the Baltimore Business Journal…