How to Buy Bitcoin at an 80% Premium From Michael Saylor

Few people have captured the imagination of the cryptocurrency market quite like MicroStrategy CEO Michael Saylor, a guest on Wednesday morning’s First Mover on CoinDesk TV. His company’s purchases of bitcoin, first announced in August, validated a key narrative driving the current bull market: the “institutions” were joining the fray (companies fitting crypto’s definition of an institution can be far more modest in size, and commercial rather than financial in mission, than Wall… Source link

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Cypherpunk Holdings Inc. Announces Corporate Update on Strategy and Current Investments

Cypherpunk Holdings Inc. Announces Corporate Update on Strategy and Current Investments

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

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3 key Ethereum price metrics show pro traders are aiming for $2K ETH

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

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Why Amazon’s Ethereum Support Funnels Through Northern Virginia

Why Amazon’s Ethereum Support Funnels Through Northern Virginia

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

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Why bitcoin could triple over next year – CNN

Why bitcoin could triple over next year – CNN

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

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Bitcoin Has Bounced Back, Climbing Above $52,000—What’s Next?

Bitcoin Has Bounced Back, Climbing Above ,000—What’s Next?

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

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this year I stand to make $200 million more than Elon Musk

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

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What Coinbase’s Public Listing Means for Eth 2.0

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

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Grayscale Litecoin (LTC) Trust Trades at 1800% Premium, Charlie Lee Compares NFTs to ICO Mania

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

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The profitability of Ethereum cryptocurrency mining has halved in a week

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

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