According to data from, Bitcoin’s (BTC) Q1 2021 performance was the best since 2013. With strong tailwinds, Bitcoin now enters Q2 which historically has been a good period for BTC price. Data shows that BTC has only closed Q2 in the red twice and both times the decline was less than 10%. If history repeats itself, Bitcoin investors may witness sharp gains in the next six months. Crypto market data daily view. Source: Coin360 Altcoins have also participated in the Read more …
Following the release of new Garbage Pail Kids non-fungible token (NFT) assets and the recent Godzilla NFT collectibles from Topps, the leading pop-culture consumer products company Funko Inc., revealed the company is also joining the NFT fray. Funko announced on Thursday that the company has acquired Tokenwave, LLC and the investment aims to project the firm into the digital assets and NFT markets. Funko Pop! NFTs Coming This Summer The publicly listed firm Funko (Nasdaq: FNKO) is a well known Read more …
Coinbase Ventures, the investment arm of the San Francisco-based digital currency exchange, has thrown its weight behind a layer-one blockchain designed to bring full-service DeFi to the Polkadot ecosystem. The investments are focused on Acala, the Ethereum Virtual Machine-compatible blockchain that is building a host of DeFi capabilities on Polkadot, as well as Karura, which is building a DeFi ecosystem on Kusama. Acala has already built four core products for the Polkadot ecosystem: Liquid DOT staking, a stablecoin, an automated Read more …
U.S.-based crypto exchange Coinbase says it anticipates going public with a direct stock listing in two weeks. According to a Coinbase blog today, the U.S. Securities and Exchange Commission, or SEC, has declared the crypto exchange’s S-1 registration for a public offering effective. Coinbase’s Class A common stock is expected to trade on the Nasdaq Global Select Market under the ticker symbol “COIN” on April 14. The crypto exchange had previously been expected to go public in March, but reportedly Read more …
Bitcoin price closed the historically red month of March not only in the green, but with the largest dollar for dollar gain on in the cryptocurrency’s short history. Unfortunately, despite how strong the ongoing bull trend has been during the first quarter of the year so far, the quarterly candle which ended alongside March, also closed with a massively bearish signal. Bitcoin Closes Quarterly With Record Gain, But Bearish Signal Couldn’t Be Avoided Due the fact that both of Bitcoin’s Read more …
In yet another bullish announcement for Bitcoin this week, banking giant Morgan Stanley has filed a document with the Securities and Exchange Commission (SEC) to gain exposure to BTC. Per the document, 12 of Morgan Stanley’s investment funds will allocate capital in BTC financial products. Morgan Stanley’s investment funds eligible to gain indirect exposure to Bitcoin include Counterpoint Global Portfolio, managed by Dennis Lynch, Asia Opportunity Portfolio, Growth Portfolio, Inception Portfolio, International Advantage Portfolio, among others. The funds will be Read more …
Community-oriented non-fungible token platform Ethernity Chain is partnering with Hong Kong-based crypto investment firm Kenetic Capital to expand its ecosystem. According to an announcement today, Kenetic will support the Etherenity Chain network by expanding the development and adoption of blockchain platforms through technology, investments, and advisory services. Etherenity Chain’s non-fungible token, or NFT, platforms provide a number of exclusive tokenized artwork from prominent sports figures including skateboarder Tony Hawk and basketball legend Shaquille O’Neal. “Ethernity is leading the way for Read more …
Alright, class, let’s put our tinfoil hats on for today’s discussion. In today’s lesson, we are going to address surviving the fabled $5 wrench attack with our health and bitcoin stack intact. First, some background: what is a $5 wrench attack? I’m glad you asked. It’s actually quite simple. Imagine for a moment that through some sequence of events, crooks or criminals learn that you are the proud owner of a handsome stack of satoshis. Whether through poor operational security Read more …
What started as a joke to celebrate April Fools Day has become yet another sign of a frothy, overeager market as a bonding contract designed to sell baseball cap vouchers sold 468 hats in just a few hours, raising over $100,000 and bumping the price per hat to $3700. Solana-based decentralized finance, or DeFi, platform Mango Markets announced the sale on Twitter this morning with the caption “ICO ALERT!”, a twist on the Initial Coin Offerings of yore. According to Read more …
United States investment bank Morgan Stanley has updated the prospectus of several institutional funds to reflect potential exposure to Bitcoin (BTC) through Grayscale and cash-settled futures, highlighting once again the rapid uptake of digital assets by major investment firms. In a March 31 filing with the U.S. Securities and Exchange Commission, or SEC, Morgan Stanley declared it has updated the “Investment Policies and Strategies” section for 12 institutional portfolios. The update enables Morgan Stanley Institutional Fund, Inc. to add Bitcoin Read more …
Aprils Fools was almost over, but there was still a joke in store in the crypto space. Litecoin creator Charlie Lee made a fake announcement via Twitter claiming that Litecoin would be rebranded to BitcoinLite, “as Satoshi Nakamoto intended.” Lee posted a version of Bitcoin’s whitepaper highlighting the letters LITE and a link to Litecoin Foundation’s official website renamed BitcoinLite Foundation. The home page reads “Just Like Bitcoin. But ‘Lite’er!”, adding that Bitcoinlite is “4 times more scalable than Bitcoin” Read more …
By doing so, they have helped regular people become known celebrities, many of whom now hold more influence than TV networks and print media outlets. The same can be said for music streaming services like Spotify and iTunes, which now allow musicians to skip record label deals and simply upload their songs directly to platforms through services like DistroKid and others. While these are amazing feats, to say the least, the model still needs to be improved. According to Jack Read more …