Grayscale Added 2,000 Bitcoin on First Day Reopening Deposits

Digital asset manager Grayscale Investments has added another 2,172 Bitcoin (BTC) to its Bitcoin Trust, on the first day it reopened deposits for the fund. According to GBTC Bitcoin Tracker, Grayscale’s Bitcoin Trust (GBTC) added 2,172 Bitcoin, worth roughly $85 million. After tapping $40,000 level again lately, the largest cryptocurrency by market cap is currently […]

What is DAO Maker?

There has always been an issue with retail venture investing in equity and tokens. However, one platform looked to change it all and make a go-to platform for ALL investors. The DAO Maker platform will provide low-risk participation frameworks which will be essential for global retail in the venture capital space. The ability to provide […]

ECB’s Lagarde Calls for Global Regulation for Bitcoin

European Central Bank (ECB) President Christine Lagarde says Bitcoin needs to be regulated at the international level, adding that Bitcoin is a highly speculative asset. Speaking at a Reuters conference, the head of the European Central Bank said the largest cryptocurrency by market cap was “highly speculative”, and was being used for illegal activities. “(Bitcoin) […]

Goldman Sachs Says Bitcoin is Starting to Mature

Bitcoin is showing signs of maturity, but the institutional investment in Bitcoin is still very small, according to Goldman Sachs’ global head of commodities research. In an interview with CNBC, Goldman Sachs’ Jeff Currie said Bitcoin’s remarkable surge has attracted greater institutional interest. “I think the (Bitcoin) market is beginning to become more mature,” Currie […]

Chinese Bank Allows Digital Yuan Services at ATMs

The Agricultural Bank of China allows customers to deposit and withdraw digital yuan at ATMs as a trial service in Shenzhen. Agricultural Bank of China (ABC), also known as AgBank, is one of the “Big Four” banks in China. According to Shenzhen Daily’s report, AgBank is allowing customers to deposit and withdraw digital yuan to […]

EOS Plummets After Dan Larimer Quits Block.one

Serial blockchain entrepreneur Dan Larimer announced he resigned from Block.one, the company that raised $4 billion to build the software behind the EOS blockchain. Larimer announced his resignation from his position as Chief Technology Officer on the crypto project Block.one. In a blog post on Voice, a social network platform built on the EOS blockchain […]

Bull Market

With the proper bull market, unfortunately this is becoming more of a monthly note; sincere apologies to the readers! It indeed is a “Happy New Year” for the community. The pattern of this run-up is pretty consistent; consecutive green candles then an attempted correction that leads to >$1b in liquidations. If you look at funding […]

CME Becomes Biggest Bitcoin Futures Exchange

The Chicago Mercantile Exchange, or CME, launched the Bitcoin futures contracts at the height of the 2017 cycle. It has become the biggest Bitcoin futures exchange, with more institutional investors flocking to the crypto space. CME has taken the prime spot on the list of the biggest Bitcoin futures trading platforms, accounting for 19.09% of […]

Global Crypto Market Value Hits Record $1 Trillion

The market capitalization of all cryptocurrencies around the world has reached $1 trillion for the first time ever. According to data from CoinGecko, the global market value of all cryptocurrencies is at $1.016 billion at the time of writing. This is the first time the global market value has surpassed the $1 trillion mark. The […]

What is FinNexus?

In the crypto community, there exists a number of different connectivity needs. These needs include the connectivity between assets and blockchains, between users and blockchains, and between different service providers and their users. However, many of these connections are unsystematic and extremely inconvenient. FinNexus hopes to solve this issue and make the connection more unified, […]