Bitcoin USD daily basis Bitcoin USD Chart Analysis – Consolidation below 60’000 USD The reporting week was quiet in terms of Bitcoin volatility ratios. Throughout the week, the main trading activity was concentrated in the 58′,000 USD – 59’000 USD range. Mid-week, the price set off for a test of the current market strength on […]
Last Thursday, the Kessel Group presented at the digital congress “Classic Car Marketing” how modernity can be combined with tradition. Because for a good year now, the company has been accepting Bitcoin as a means of payment for the purchase of their vehicles. The demand for classic cars has been increasing, especially since the beginning […]
A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads and more. The weekly report in cooperation with market data provider Kaiko. The last 7 days in cryptocurrency markets: Price Movements: Ethereum reached a new all time high of $2’190 and […]
The largest cryptocurrency exchange in the US will list on the stock exchange on the 14th of April. Coinbase is avoiding the traditional initial public offering (IPO), in which investment banks fund the deal. Instead, the shares will be placed directly on the Nasdaq via a direct listing. The established financial system has not taken the […]
The World Economic Forum (WEF) held its Global Technology Governance Summit this week. Tokenization was one of the central themes. Accordingly, the name of one session was “Arrival of the Token Economy: From Art to Real Estate”. The WEF panelists discussed several different ways in which tokenization is impacting society. Abdulla Bin Touq Al Marri, the Minister of Economy […]
Asset manager CoinShares is adding a Litecoin ETP to its number of investment products with the launch of a new exchange-traded product (ticker: LITE). The Swiss Stock Exchange (SIX) has already added a few crypto ETPs to its platform before. CoinShares’ investment products offer exposure to Bitcoin (BTC), Ethereum (ETH) and now Litecoin (LTC). They are available […]
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 […]
