The Initial Public Offering for the Bitcoin Trust was completed for 230 million Canadian Dollars, equivalent to around 180 million USD. Ninepoint Partners LP has gone public with its Bitcoin Trust shares following the footsteps of Grayscale Bitcoin Trust (OTCMKTS: GBTC). The company announced the listing of the shares on the Toronto Stock Exchange and revealed that they have no intention of selling them in the US. According to John Wilson, the CEO and managing partner of Ninepoint, this is the largest Initial Public Offering (IPO) of a Bitcoin Fund…
Day: January 28, 2021
AAPL Stock Down 3%, Apple Sees Boosted Revenue Growth in Q1 2021 Earnings Report
The revenue growth that Apple recorded in China in the past quarter is not attributed to just the sales of its iPhone brands but also to other products that surpassed expectations. American multinational technology company Apple Inc (NASDAQ: AAPL) has disclosed a boost in revenues recorded in the Greater China area as detailed in its earnings report for the fiscal Q1 2021 ended in December. As reported by CNBC, the Cupertino-based company reported a $100 billion revenue, the highest it has ever recorded in a single quarter and this growth…
Chinese New Year could drive Bitcoin selling pressure
The upcoming Chinese New Year holidays on Feb. 12 could have an indirect impact on the Bitcoin (BTC) price and drive sell-offs on the market, according to a recent analysis. Per a Jan. 28 report by cryptocurrency investment firm Stack Funds, the ongoing selling pressure on the Bitcoin price is likely to continue in the short term due to Asian miners increasingly offloading their funds amid the upcoming week-long holiday. With more than 60% of global Bitcoin mining pools are located in China, Stack Funds head of research Lennard Neo…
Central Banks Could Issue Digital Currencies in 3 Years
Many of the banks looking to implement CBDC projects are doing so with the hope that a digital asset will complement their physical fiat currency. A new survey carried out by the Bank for International Settlements (BIS) has said that Central banks representing 20% of the world population would look to issue national digital currencies in the next three years. This was contained in a report by Reuters. According to the report, the demand for these central bank digital currency (CBDC) projects is being fuelled largely by the declining use…
Central banks must play ‘pivotal role’ in digital money, says BIS exec
With central bank digital currencies — or CBDCs — on the agenda in many countries, the general manager of the Bank for International Settlements has weighed in on the role of the mainstream financial establishment in the emerging digital currency landscape. Speaking at the Hoover Institution policy seminar on Jan. 27, Agustín Carstens argued for central banks to be front and center in issuing and controlling digital money: “If digital money is to exist, the central bank must play a pivotal role, guaranteeing the stability of value, ensuring the elasticity…
Why a trader says Bitcoin is short-term bearish despite holding $30K
A pseudonymous trader known as “Byzantine General” is short-term bearish as Bitcoin (BTC) continues to test the same $30,000 support area. Although the price of Bitcoin is staying above a key support level, the trader said the price action is not bullish. He wrote: “In the midst of all this chaos, here’s a bitcoin chart. Not much to do. It’s bearish no matter how you look at it. But we’re sitting on support, so no swing short opportunity either… It’s just waiting now. > YO needs to hold.” “Options market…
Chainlink (LINK) Eyes Another Record Peak as Bitcoin Gets Choppier
Chainlink (LINK) was soaring high in the early European trading session Thursday as traders continued to seek hedge in the cryptocurrency market against a choppy Bitcoin. The LINK-to-dollar exchange rate surged to $24.9, up 15.16 percent from its intraday opening value. The latest upside appeared near a confluence of supports around the $19-20 price range, highlighted by the lower trendline of the LINK’s current Rising Channel and the 21-day simple moving average. Chainlink rebounds after testing its lower trendline support and the 21-DMA at the same time. Source: LINKUSD on…
LIVE WD 21.300 Dogecoin Di Dalam Situs Mining Bitcoin Terpercaya | legit or Scam?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Halo Sahabat Youtube, Kali ini saya akan melakukan LIVE withdraw sebesar 21.300an dogecoin di dalam sebuah situs mining bitcoin terpercaya, apakah situs mining bitcoin gratis yang terbukti membayar? bisakah WD saya kali ini masuk ke dalam indodax wallet saya? Saksikan terus video ini sampai habis agar kalian dapat mengetahui bersama apkah situs mining bitcoin ini masih membayar membernya atau tidak? SUBSCRIBE TELEGRAM Uang Gratis Online LINK PENDAFTARAN : VIDEO REVIEW SEBELUMNYA : CARA MELAKUKAN DEPOSIT DARI PAYEER : Cara Membuat BTC Wallet…
Anthony Pompliano Launches Crypto Jobs Portal Supported by Gemini, Coinbase, BlockFi
Pompliano hopes to use his influence to bring crypto-oriented firms and potential employees together. Morgan Creek Digital co-founder Anthony Pompliano has launched a crypto jobs board with Gemini, BlockFi and Coinbase. In a tweet on Wednesday, Pompliano disclosed that PompCryptoJobs was live and had ‘hundreds’ of jobs listings from its three launch partners. We need as many talented people working in Bitcoin and crypto as possible. Today I am launching a job board focused exclusively on helping people find jobs at the best organizations. 🚨 Want to work in the…
Australian Crypto Exchange to Delist BSV Over ‘Bullying’ Threat to Bitcoin Developers
Independent Reserve, one of the largest digital currency exchanges in Australia, says it will delist the bitcoin SV cryptocurrency due to controversial behavior by its team. In an announcement Wednesday, the exchange said, “In light of recent events and community feedback Bitcoin SV (BSV) and related trading pairs will be delisted.” CoinDesk reached out to clarify the reasons for the move, with CEO Adrian Przelozny responding: “Bitcoin is ‘The People’s Money’. At its very core are the principles of openness and freedom and these were also the founding values of…