Purchase of Monero Tokens and Depositing of Bitcoin to Generate Operating Income Toronto, Ontario–(Newsfile Corp. – March 3, 2021) – Cypherpunk Holdings Inc. (CSE: HODL) (“Cypherpunk” or the “Company“), a sector leader for privacy-technology investments, is pleased to provide a corporate update summarizing the Company’s current corporate plans and completed investments. Cypherpunk Holdings is pleased to announce a purchase of 1,780 Monero tokens for CAD $500,000. This purchase of Monero… Source link

On Feb. 20, Ether (ETH) price rallied to a new high at $2,015 and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether’s  year-to-date 176% gain, these warning signs should not be ignored. On of the primary driving factors of the current bullish sentiment is the launch of CME ETH futures and Grayscale Investments ETH Trust reaching $6.3 billion assets under management. The DeFi phenomenon also continues as there is… Source link

Amazon’s cloud computing subsidiary announced the availability of Ethereum on its own blockchain … [+] platform. The service will be operating through Northern Virginia, America’s Internet backbone, where AWS has a large number of data centers. © 2020 Bloomberg Finance LP Amazon Web Services (AWS), is now supporting the Ethereum blockchain. Announced on March 2, the service will let customers quickly spin up nodes that contain the transaction… Source link

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are… Source link

Bitcoin rallied today, exceeding $52,000. getty Bitcoin prices have rallied lately, surpassing $52,000 after struggling near the $50,000 price level. The digital currency rose to $52,636.22 earlier today, CoinDesk data shows. At this point, it was up nearly 12% after falling to as little as $47,118.40 yesterday, additional CoinDesk figures reveal. Since then, the cryptocurrency has pulled back slightly, trading mostly between $50,500 and $51,500. … Source link

Elon Musk, the chief executive of Tesla, recently announced his company had bought US$1.5 billion (almost A$2 billion) of Bitcoin. The announcement led to a flurry of enthusiasm and a quick surge in price for the controversial cryptocurrency. This price bump has been good news for Musk in the short term. At one point, Tesla’s Bitcoin investment had gained more than US$1 billion in value. But can the enthusiasm be sustained? I think there is a good chance that over the next year the… Source link

There’s a lot riding on the success of Ethereum 2.0, including the crypto-industry’s largest U.S.-based exchange going public. Last week, Coinbase released its S-1 filed with the U.S. Securities and Exchange Commission (SEC). In it, the exchange listed potential adverse factors against its business, such as the doxxing of pseudonymous Bitcoin creator Satoshi Nakamoto, negative perceptions of cryptocurrencies and the growth of cryto-native finance platforms generally referred to as… Source link

LTCN shares are trading 20 times lower in comparison to the LTC holdings per share by Grayscale. Thus, it’s 20 times more expensive to buy Litecoin via Grayscale than directly through the spot exchange.  The world’s eighth-largest cryptocurrency Litecoin (LTC) is up 13% today and is just short of $200. At press time, LTC is trading at a price of $194.9 with a market cap of $12.9 billion. Interestingly, investors seeking exposure to LTC via the Grayscale Litecoin Trust are paying a… Source link

There’s good news and bad news for gamers this week as the price of Ethereum has plunged, sending the profitability of the cryptocurrency favoured by GPU miners sharply down. The bad news is that even with a significant reduction in value, Ethereum remains a highly profitable crypto to hold onto and continue to mine. The value of Ether, the actual currency of the Ethereum blockchain, is creeping back up and over $1,600 USD at the time of writing, a little bounce from a plunge under $1,400,… Source link

Litecoin bulls engage forward gears after settling above the 200 SMA crucial level. A break above the 100 SMA and the 50% Fibonacci level to push LTC above $200 and pave the way for gains eyeing $200. The IOMAP shows the absence of strong resistance zones, adding credibility to the uptrend. A recently formed death-cross pattern may limit the bulls’ influence over the price. Litecoin has set out north after bouncing from support at $152. Initially, recovery was gradual but became… Source link