Monthly Archives: April 2021

Professional Soccer Players Are Buying Bitcoin And It Will Protect Their Wealth

Professional soccer player Ryan Babel has reportedly onboarded teammates to bitcoin, helping them secure and grow their wealth. According to online reports, Galatasaray S.K. and Netherlands national football team’s Ryan Babel has been shilling bitcoin to his teammates. Babel has played for Ajax, Liverpool, Fulham and others. He has played in the UEFA European Championship and the World Cup, building connections to some of the best-known and well-compensated soccer players in Europe. Babel has shared his eagerness to accumulate bitcoin on Twitter, so it is not a […]

More info

SEC likely to approve Bitcoin ETF in 1-2 years, says analyst

“We think we’re likely to see one in the coming year or two, but we don’t have a firm timeframe as to when the answer would be yes,” said Todd Rosenbluth. According to an analyst at CFRA Research, VanEck, Fidelity Investments, and Valkyrie Digital Assets may not see their Bitcoin exchange-traded funds, or ETFs, approved by U.S. regulators for up to two years. In an interview on CNBC’s ETF Edge Monday, Todd Rosenbluth, head of ETF and mutual fund research at CFRA, told host Bob Pisani that […]

More info

Mark Cuban says NFTs could disrupt electronic signature firms

The billionaire has proposed using NFTs during Dallas Mavericks games and is a major investor in the marketplace Mintable. Dallas Mavericks owner and Dogecoin proponent Mark Cuban says nonfungible tokens may have the ability to disrupt and even transform industries dealing with digital identity verification and electronic signatures. In an episode of the Unchained podcast released yesterday, Cuban said “anything documentation driven” could potentially be transformed by nonfungible tokens, or NFTs. The billionaire said that smart contracts could destabilize companies like electronic signature technology firm DocuSign. “Right […]

More info

A Summary Of Bitcoin’s Massive First Quarter

Stanislav Kozlovski walks us through the most important events for Bitcoin in the first quarter of 2021. Gradually, then suddenly. It is the way that Hemingway penned the process of going bankrupt: first comes a series of incremental steps which bring you closer to bankruptcy, until reality hits you and a sudden realization of what has occurred dawns upon you. This process can be thought of as a universal one: it applies to many things in life, like achieving success, declining health or the once-in-a-lifetime emergence of […]

More info

Economist Says Bitcoin Isn’t Too Big to Fail — Warns BTC Can Only Establish Itself if Governments Allow It

Allianz’s chief economic advisor Mohamed El-Erian says that bitcoin is not too big to fail and that governments may intervene. While he believes that cryptocurrency will grow in popularity, the economist says “it takes away a lot from governments,” adding that this asset “can only establish itself if governments allow it to.” Economist Warns of Government Intervention, Bitcoin Is Not Too Big to Fail Mohamed El-Erian said in an interview with CNN Tuesday that bitcoin is not “too big to fail” and its failure could disrupt the […]

More info

Developer-focused DeFi aggregator Instadapp launches governance token

How does a DeFi aggregator capture value, and what does it mean for the INST token? In a blog post yesterday, decentralized finance (DeFi) management and protocol aggregator platform Instadapp announced the launch of their governance token, INST. While not currently transferable by the average user, the token is set to go fully live later in the year to coincide with a transfer of control over the protocol to a DAO governance process in Q2.  The project, which currently counts over $2.3 billion in its 18,000 “Smart […]

More info

Retail traders become ‘sitting ducks’ as sell-off triggers $1.4B liquidation

Retail traders have been using high leverage throughout the current bull market, but that’s not the real reason for today’s marketwide sell-off. After flirting with a $2 trillion market capitalization for the last couple of days, the cryptocurrency market took a 7% hit on April 7, dropping the total crypto market cap to $1.8 trillion. As the unexpected sell-off took place, investors scrambled to find a reason to explain the move. Analysts typically identify the use of excessive leverage as the prime suspect, as this usually occurs […]

More info

XELS Launches Eco-Conscious Blockchain Platform for Carbon Offset Credits

PRESS RELEASE. Blockchain-based carbon offset platform XELS provides global access to the decentralized carbon market and its ERC20 token will launch on Bittrex Global on April 8th, 2021. 7th April 2021, Date Tokyo, Japan — XELS is one of the leading startups tackling climate change by increasing participation and transparency in carbon markets, listed its eponymous XELS token on Bittrex Global on April 8th, 2021. Tokenized Carbon Credits XELS will provide both businesses and individuals access to a blockchain-based carbon offset platform, initially focused on tokenized voluntary […]

More info

Report: $48 Billion Hedge Fund Millennium Management Had GBTC Exposure

Millennium Management, one of the world’s largest hedge funds, reportedly had exposure to Grayscale Bitcoin Trust as NAV fell steeply. Millennium Management, one of the world’s . “The arbitrage trade is just so broken,” a source of the Millennium news told TheStreet. While a Millennium spokesperson declined to comment about its exposure to GBTC, per TheStreet, it is significant that such a large firm reportedly had and potentially still has exposure to the bitcoin market. And it is a positive sign for the asset as it continues […]

More info

AllianceBlock brings DeFi product suite to Avalanche

“In becoming a key player in the Avalanche ecosystem, we will help drive our common goals, bringing the DeFi industry to new heights,” says AllianceBlock founder and CEO Rachid Ajaja. AllianceBlock, a decentralized layer-2 solution bridging traditional finance and DeFi, has announced major product integration with Avalanche, the up-and-coming “Internet of Finance” protocol.  Once completed, the product integration will allow users to access AllianceBlock’s DeFi Investment Terminal, P2P financial services, nonfungible token capabilities and KYC solutions directly on Avalanche. The partnership also includes development work with Ava […]

More info
1 2 3 6