Day: February 20, 2019

Strong Bitcoin (BTC) Volumes Have Crypto Investors Enthused: Further Rally?

boss

Bitcoin Volume Booms Over the past 48 hours, crypto assets across the board have embarked on a jaw-dropping rally. For the first time in weeks, Bitcoin (BTC) neared $4,000, as altcoins, namely EOS and Ethereum (ETH), rallied by double-digits in terms of percentage. While this sudden run looked structurally similar to prior bear market rallies, it quickly became that something was different, as crypto analytics resources began to post staggering volumes. According to Skew Markets, trading analytics & Bitcoin investment service provider, Monday saw crypto’s biggest (highest volume) day in…

Bitcoin Has ‘Quite Brilliant’ Structure, Paper Money is Going Away

boss

Technology entrepreneur and Tesla CEO Elon Musk said that Bitcoin’s (BTC) structure is “quite brilliant” and that digital currency is “a far better way to transfer value than pieces of paper.” Musk made his remarks during an interview on advisory services firm ARK Invest’s podcast on Feb. 19. In response to a question about whether Bitcoin becomes the only native cryptocurrency of the Internet, Musk said that “the Bitcoin structure was quite brilliant,” and that he thinks that “one of the downsides of crypto is that computationally it is quite…

How to Invest Like Ethereum’s Vitalik Buterin

boss

If you’ve ever wanted to model your crypto portfolio after that of Ethereum wunderkind Vitalik Buterin, your chance has finally arrived. Buterin responded to an Ask Me Anything session on Reddit by disclosing his current crypto holdings and other financial interests. Based on Buterin’s statement, we can estimate that he owns less than $5 million in cryptocurrencies besides Ethereum and ETH-based tokens. We arrivate at this round figure by looking at his publicly available wallet and his statements. In Ethereum tokens, he also owns less than 10%, the majorilety of…

How to Invest Like Ethereum’s Vitalik Buterin

boss

If you’ve ever wanted to model your crypto portfolio after that of Ethereum wunderkind Vitalik Buterin, your chance has finally arrived. Buterin responded to an Ask Me Anything session on Reddit by disclosing his current crypto holdings and other financial interests. Based on Buterin’s statement, we can estimate that he owns less than $5 million in cryptocurrencies besides Ethereum and ETH-based tokens. We arrivate at this round figure by looking at his publicly available wallet and his statements. In Ethereum tokens, he also owns less than 10%, the majorilety of…

VanEck Bitcoin ETF Pushed To Federal Register: SEC Starts 45-Day Countdown

boss

VanEck’s Bitcoin ETF to See Ruling (or Extension) by April 5th The multi-year long Bitcoin exchange-traded fund (ETF) has continued. Per a report from CoinDesk’s Nikhilesh De, the U.S. Securities and Exchange Commission (SEC), which has placed crypto funds under its jurisdiction, has placed an application from VanEck, SolidX Partners, and CBOE under review. Once the proposal is filed to the Federal Register on Wednesday, the public at large will have from February 20th to March 13th to respond to voice their opinions and thoughts on the application, along with…