Wealthfront users will now be able to have up to 10% of their portfolios composed of the Grayscale Bitcoin and Ethereum Trusts. Bitcoin (BTC) and Ether (ETH) exposure has come to one of the world’s biggest automated investment firms. In…
Autor: coinmaker
Ukraine central bank now officially allowed to issue digital currency
Ukraine’s newly signed law On Payment Services requires close cooperation between the National Bank of Ukraine and private startups in the payment market. The Ukrainian government is moving forward with its central bank digital currency (CBDC) plans, as the National…
Crypto-friendly app Robinhood loses 8% in public Nasdaq debut
Unlike traditional IPOs with a six-month lockup period, Robinhood will allow its employees to sell 15% of its shares immediately after the public debut. Shares of cryptocurrency-friendly trading app Robinhood dropped more than 8% in its public Nasdaq debut on…
Bitcoin Miners Consider Relocating to Paraguay In Wake of China Ban
As many as eight China-based Bitcoin mining firms are said to be looking to relocate operations to Paraguay, home to abundant hydroelectric energy. As many as eight China-based Bitcoin mining firms are said to be looking to relocate operations to…
Large Pockets Are Aggressively Accumulating Bitcoin
On-chain data shows that large-pocketed investors have begun to aggressively accumulate bitcoin. The below is a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin…
A trade war misstep? China is vacating crypto battlefield to US banks
Why is China forsaking cryptocurrencies at the same time that legacy U.S. banks, long wary of crypto, appear to be discovering its virtues? At the same time that China has declared war on cryptocurrencies, giant American banks appear to be…
Bitcoin accumulation accelerates among ‘whales’ and ‘fish’ with BTC rallying to $40K
“This is just on-chain sentiment, though. The big question is, how does that correlate to the price action in general?” Both small and rich Bitcoin (BTC) traders accumulated the benchmark cryptocurrency en masse during the period its prices rose from…
Coinbase Ventures backs Ethereum-based streaming network
Livepeer’s $20 million Series B funding round saw participation from large VCs, including Coinbase Ventures, Coinfund, Northzone, 6th Man Ventures and Animal Ventures. This year has been foundational for the success of projects running on the Ethereum blockchain. Sharing the…
New bill proposes US Treasury to have full authority over fiat stablecoins
The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar. A new bill introduced by United States House Democrat Don Beyer of Virginia has proposed a far-reaching regulatory and legal…
Binance banned in Malaysia, given 14 days notice to shut down operations
The crypto exchange has been served with a notice to stop offering its services in the country. Malaysia is the latest regulatory theater to come after Binance as authorities in the country have accused the exchange giant of continuing to…