Category: Bitcoin Analysis

The encryption fund giant grayscale “bright home”: 11,000 bitcoins bought in one month, has been sitting on 1.97 billion US dollars bitcoin

American crypto asset management company and crypto asset fund Grayscale Investments have recently shown their rich family. According to a chart released, the company managed a total of approximately $2.1 billion worth of crypto assets, and the Bitcoin Investment Trust (GBTC) reached $1.97 billion, accounting for nearly 94%. The company released the data on Twitter …

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Japan to Provide G20 With Solution for Crypto Regulation

Crypto Regulatory Manual Japan is often known as one of the most crypto-advanced countries, having legalized cryptocurrency as a means of payment in April 2017. According to local news outlet Sankeibiz, Japanese regulators will create a handbook “that each [G20] country can use for regulations, such as measures to prevent the outflow of virtual currency.” …

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Free Talk Live and Friends Raise $80K in Crypto for Ugandan Orphanage

$80K in Crypto Raised Cryptocurrencies and philanthropy go hand in hand and on March 25, the Free Talk Live radio show announced the team had raised a total of $80,000 in digital currencies to purchase land in Uganda and build an orphanage on the site. FTL also had matching contributors who helped the crowdfunding initiative …

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1 in 7 Chinese Have Invested in Cryptocurrency

Survey Finds 14% of Chinese Citizens Have Invested in Cryptocurrencies Panews has published the findings of a survey that queried 4,200 Chinese citizens on their familiarity and opinions regarding Bitcoin and cryptocurrencies. The survey found that just 75 respondents had not heard of cryptocurrency or blockchain technology, equating to roughly 2% of the survey’s sample. …

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Indian State Working to Help Cryptocurrency Businesses Grow

India’s Social Welfare Minister Priyank Kharge has reportedly revealed that the Karnataka state government “is working on setting up an Innovation Authority” with the aim “to protect consumer-friendly technology businesses that are operating in regulatory grey areas,” the Economic Times reported. “Technologies are fast changing and our policies are only trying to catch up,” he …

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Crypto Exchange-Traded Product Live on Swiss Stock Exchange Next Week

Six Swiss Exchange is Switzerland’s principal stock exchange, trading a wide range of securities. According to the exchange, ETPs “are secured, bearer debt securities that do not earn interest,” so they “are not subject to the Collective Investment Schemes Act (Cisa) and, as such, are not supervised by Finma.” The exchange has a different category …

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Ethereum Ecosystem Continues To Swell: MetaMask Rolls Out New Features

During Ethereum’s earliest days, when the network will still amidst its “Frontier” phase, many users struggled with interacting with the blockchain’s smart contracts and decentralized applications (dApps), which were, simply put, a dime a dozen. Now, although the presence of dApps on the aforementioned blockchain hasn’t faded (far from in fact), innovators within the budding blockchain ecosystem …

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Exchanges Roundup: UK MP Quits Ironx After Four Days, Daily OTC Volume Estimated at $250M

Stephen Hammond, the former vice-chairman of the Conservative Party in the United Kingdom and current member of the Treasury Committee, has quit his job with cryptocurrency exchange Ironx after just four days. Hammond has purportedly been hired to “advise on government relations” – a role that would see him remunerated with 50,000 IRX tokens (valued …

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Next Bitcoin Bull Run Will See Crypto Market Rise ‘10x’: Pantera CIO

The co-chief investment officer of one the cryptocurrency industry’s largest investment firms said that he expects the next bitcoin bull run to carry the cryptocurrency market cap 1,000 percent above its current valuation. Pantera Capital’s Joey Krug made this prediction during an interview with Bloomberg, forecasting that the next upswing could propel the cryptocurrency market …

Read More Next Bitcoin Bull Run Will See Crypto Market Rise ‘10x’: Pantera CIO