In light of recent events positing the introduction of a bitcoin exchange-traded fund (ETF) in the U.S., Grayscale has reiterated that ETFs are the intended final products of its crypto trusts. Grayscale Investments has reaffirmed its commitment to converting its Grayscale Bitcoin Trust (GBTC) to an ETF. Grayscale highlighted that it pioneered providing investors with exposure to […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Consolidation below 60’000 USD The reporting week was very quiet in terms of Bitcoin volatility ratios. The declining volume may also be attributed to the Easter holiday. Monday started auspiciously for the bulls, as Bitcoin was able to break the previously formed bull flag to the upside. The […]
Contrary to what is portrayed in public debates and the media, neither the length of the Blockchain, nor the number of transactions have a major impact on energy consumption. An overview of the carbon footprint of Bitcoin, Ethereum and non-fungible tokens (NFTs). Two distinct parts add up to the total consumption of Blockchains like Ethereum […]
Myths and facts about Bitcoin are abundant and everywhere. But which of them actually reflect the truth? We provide an overview of the five most common myths about the mother of all cryptocurrencies, as well as the facts behind them. “Bitcoin is used primarily by criminals to launder money” Bitcoin transactions can be viewed by […]
Centralised Exchanges have played a pivotal role in the crypto asset ecosystem, acting as fiat ramps, custodians, exchange, market makers and VCs. Algorithmic smart contract based Decentralised Exchanges (DEXes) offer a non-custodial alternative and have turned into serious competition. Bitcoin started in 2010 as the first crypto asset, and the only way to acquire it […]
Visa announced it will allow the use of the USD Coin (USDC) stablecoin to settle transactions on its payment network. The company is launching a pilot program with a payment and crypto platform Crypto.com, with plans for more partners later this year. According to the announcement, Visa spent the last year enabling the capacity for digital […]
Ethereum 2.0 is the next evolutionary phase of the Ethereum blockchain. It will mark the transition from proof-of-work algorithm to proof-of-stake. In the process, the Ethereum 2.0 Staking Contract recently reached an all-time high of 3.6 million ETH – over 3% of the total supply. Glassnode is reporting that at its current price of approximately $1’631, the […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Consolidation below 60’000 USD In the reporting week, a correction phase dominated, with its lowest point occurring on Thursday. Right at the beginning of the week, losses led to a first correction, which brought the price back to the zone of 54’000 USD. The triangle formed […]
After stunning the market earlier this year with a bold bet on Bitcoin, Tesla Inc. has now started accepting Bitcoin (the world’s largest electronic currency) as a means of payment for its electric cars. On Wednesday, Elon Musk, founder and CEO of Tesla, announced that American customers can now buy their Tesla with Bitcoin. This is […]
Fidelity Investments and Goldman Sachs have filed applications to list a Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). These would be the first Bitcoin ETFs in the United States. In what is a major step forward for the crypto market, both Fidelity Investments and Goldman Sachs have filed for Bitcoin exchange-traded funds (ETF) with the U.S. SEC. Goldman […]
