[ad_2][ad_1] Key Takeaway Premiums for grayscale stocks are high, indicating strong retail demand. The main incentive for institutional funds in Grayscale’s Bitcoin Trust GBTC is arbitrage trading. Despite the selling pressure from arbitrageurs, the steady rise in AUM and premium indicates strong growth. Share this article Grayscale LLC Inc. is …
Read More »Largest Russian bank Sberbank unveils crypto plans to follow upcoming settlement
[ad_2][ad_1] The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country begins regulating the sector in January. Sberbank’s CEO says the bank could issue its own cryptocurrency in partnership with JPMorgan. Crypto Plans by Sberbank and Sbercoin Sberbank’s chief executive, Herman Gref, unveiled …
Read More »Gold Records Largest Weekly Outflow Ever, Metals Prices Fall Rapidly, Analysts Expect Bitcoin Flows
[ad_2][ad_1] Investors in gold are becoming anxious, as the prices of the precious metal have fallen sharply since a number of vaccine companies revealed drugs to fight the coronavirus. The price of one ounce of fine gold is valued at $ 1,770 per unit after the precious metal posted its …
Read More »The largest cryptocurrency exchange in the world claims that Bitcoin will replace gold
[ad_2][ad_1] In recent times the use of Stablecoin has gained momentum amid the high volatility and strong bullish trend currently at play in the cryptocurrency market. This evidence has been attributed to the daily trading volume observed in the world’s major stablecoins, which at the time of writing Tether the …
Read More »The new Bitcoin Latinum is set to become the largest insured digital asset in the world
[ad_2][ad_1] The new Bitcoin Latinum is set to become the largest insured digital asset in the world The new Bitcoin Latinum is set to become the largest insured digital asset in the world PALO ALTO, Calif., November 27, 2020 (GLOBE NEWSWIRE) – Bitcoin Latinum, the next-generation Bitcoin fork capable of …
Read More »CME surpasses OKEx as the largest Bitcoin futures market
[ad_2][ad_1] CME Group has become the largest Bitcoin (BTC) futures market in the world after a surge in open interest over the past month, industry data shows. In a tweet on Friday, Arcane Research announced that CME overtook OKEx as the largest Bitcoin futures market in the world. Citing data …
Read More »Bitcoin plummets another 6%, extending the largest decline since COVID-19 hit | Currency News | Financial and business news
[ad_2][ad_1] REUTERS / Stephen Lam Bitcoin plummeted further on Thanksgiving as intense profit taking dragged down prices. The most popular cryptocurrency in the world plummeted 5.9% to $ 16,242.70 in the past 24 hours. The bitcoin crash is the biggest since the coronavirus pandemic hit markets in March and reverses …
Read More »The second largest bank in the world withdraws a $ 3 billion blockchain bond
[ad_2][ad_1] One of the largest banks in the world has withdrawn a $ 3 billion blockchain bond that was to be traded on a Malaysian digital stock exchange. China Construction Bank had initially postponed trading on the bond before withdrawing it. Reports emerged on November 11, revealing that CCB would …
Read More »OKEx sees largest bitcoin outflow in 6 months shortly after resumption of withdrawals
[ad_2][ad_1] Cryptocurrency exchange OKEx experienced a major bitcoin outflow minutes after lifting a five-week withdrawal hold at 08:00 UTC on Thursday. Approximately 2,822 BTC was moved by OKEx to block number 658,728 mined at 08:12 UTC. This is the largest single block outflow since May 2019, according to blockchain analytics …
Read More »‘BitcoinTuesday’ will become one of the largest cryptocurrency donation events ever made
[ad_2][ad_1] BitcoinTuesday, scheduled for December 1st, aims to become one of the largest cryptocurrency fundraisers in history. The Giving Block, a cryptocurrency donation firm, has secured partnerships with more than 120 nonprofits and 30 blockchain companies to lead BitcoinTuesday, a one-day event that promotes charitable giving via cryptocurrency. The event …
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