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“# Price analysis 2/8: BTC, ETH, ADA, XRP, DOT, BNB, LTC, DOGE, LINK, BCH ” Bitcoin (BTC) broke out to a new all-time high today, buoyed by the news that Tesla has purchased $1.5 billion worth of Bitcoin, according to a filing with the Securities and Exchange Commission. In addition to the Bitcoin purchase, Tesla…
“# Top 5 cryptocurrencies to watch this week: BTC, DOT, LINK, XLM, THETA ” Bitcoin (BTC) has attracted several institutional investors in the past few months, but with the market capitalization sustaining above $700 billion, many more institutions are likely to contemplate buying Bitcoin. Similarly, Ether (ETH) with a market cap of about $180 billion…
“# Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come ” In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion. Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly…
“# Price analysis 2/5: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BNB, BCH, XLM ” Bitcoin’s (BTC) correction from its January high has not shaken the confidence of institutional investors. According to Glassnode analysts, the number of whales holding more than 1,000 Bitcoin has increased by 200 this year. Along with the institutions, several high…
“# Price analysis 2/3: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BCH, BNB, XLM ” Bitcoin’s (BTC) stellar run in the latter half of 2020 and MicroStrategy’s purchase of the digital asset appears to have attracted attention from several publicly listed companies in the United States. However, the lack of regulatory clarity could have deterred…
“# Manta aims to bring a private decentralized exchange to Polkadot with $1.1M raise ” Manta Network has closed a $1.1 million funding round to create a fully private decentralized exchange on Polkadot. Announced on Tuesday, the round was led by Polychain Capital and joined by Hypersphere Ventures, Three Arrows Capital, Defiance Capital, Multicoin Capital,…
“# 21Shares to list Polkadot ETP on Swiss SIX exchange ” 21Shares, a major provider of cryptocurrency exchange-traded products, or ETP, is launching the world’s first Polkadot (DOT) ETP. The new product, DOT ETP, will be listed on the Swiss SIX exchange on Feb. 4, 2021, 21Shares announced Tuesday. The new ETP comes shortly after…
“# Price analysis 2/1: BTC, ETH, XRP, DOT, ADA, LINK, LTC, BCH, BNB, XLM ” Tesla CEO Elon Musk recently voiced his support for Bitcoin (BTC) during a chat with Clubhouse. Musk said that his friends tried to onboard him to the Bitcoin bandwagon as early as 2013, but the world’s richest man did not…
“# Price analysis 1/29: BTC, ETH, DOT, XRP, ADA, LINK, LTC, BCH, BNB, XLM ” Sentiment plays a major role in the short-term price action of an asset. This truth was demonstrated today when Elon Musk, the world’s richest man, simply wrote ‘Bitcoin’ in his Twitter bio. Crypto traders and Musk followers immediately noticed and…
“# Grayscale prepares for DeFi future with new cryptocurrency trust filings ” The largest Bitcoin (BTC) and cryptocurrency asset manager in the world, Grayscale, could be set to move into the decentralized finance space after documents for several new trusts were filed in the Delaware corporate registry. New trust filings for Aave (AAVE), Polkadot (DOT)…