Day: March 4, 2021

Huobi Digital Asset Management to Launch Bitcoin and Altcoins Fund

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Huobi Asset Management is set to launch a bitcoin (BTC) tracker fund, an Ether (ETH) tracker fund, and a multi-strategy digital asset fund, after successfully gaining the approval of the Hong Kong Securities and Futures Commission (SFC), according to reports on March 4, 2021. Huobi Rolling Out Fresh Crypto Funds With the global cryptocurrency markets now at a massive $1.45 trillion market capitalization, Huobi Technology Holdings, a fully-owned subsidiary of Huobi cryptocurrency exchange, is aiming to make the most of the crypto boom by launching new digital asset funds. Per…

Unslashed Finance raises $2M for crypto insurance platform

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Unslashed Finance, a decentralized insurance protocol built on Ethereum, has raised $2 million to fund its tokenized insurance product, highlighting another positive use case for blockchain technology.  The funding round, which was led by Lemniscap, P2P Capital and other investors, will aid Unslashed Finance in expanding its decentralized insurance protocol for crypto assets. The protocol works by connecting people willing to buy insurance for their assets and investors seeking to earn an uncorrelated yield. Unslashed claims that its protocol enables “almost instant liquidity to insurance buyers and risk underwriters,” as…

Top 7 Most Explosive Crypto Coins of 2021

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io While everyone is eyeing the top coins such as Bitcoin, Ethereum, XRP, & Litecoin, it’s time for us to put our hard hats on and go mining for the real low cap gems. These altcoins are all flying slightly under the radar, but each one has the potential to 20x or more. Today I’m giving you these 7 EXPLOSIVE Coins for 2021 and why they are about to BOOM. If you wait until 2021 to invest, it will be too late. That…

BitGo receives trust license from New York regulators

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Major American digital asset custody and security company BitGo has acquired a New York Trust license from the New York State Department of Financial Services. According to an announcement, the new charter enables BitGo to provide custodial services for institutional clients in New York seeking to make large investments in crypto in compliance with local regulations. With the new license, BitGo will provide Know Your Customer and Anti-Money Laundering controls and offer offline cold storage of cryptographic keys in bank-grade vaults, BitGo said. BitGo CEO Mike Belshe said that the…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💰 Bybit: $600 BONUS 💰 Use This Voucher Code: JACKPOT BITCOIN TODAY: In this video, I’ll go through the Bitcoin news today & I’ll make a Bitcoin price analysis. I make 1 video every single day about crypto news & BTC. I’ll always include professional Bitcoin technical analysis, to make a Bitcoin price prediction, and I’ll also show you the most relevant news for BTC investing & trading. Please subscribe and leave a THUMBS UP! ⭕️ To sign up to Bybit from…

Ethereum or Bitcoin? Experts answer

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Decentralized finance is one of the most promising and indeed the fastest growing ecosystems within the crypto and blockchain space. Total value locked in DeFi — a measure of the total value of assets committed to the DeFi ecosystem — has been approaching the $40-billion mark this month, which indicates a value increase of around 200 times since February 2019. And 2021 has just started, promising some major developments for the DeFi space.  Related: Was 2020 a ‘DeFi year,’ and what is expected from the sector in 2021? Experts answer…

NewsCrypto Is Next Project Listed on PancakeSwap

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With the NewsCrypto Coin (NWC) token now being launched on PancakeSwap, users are able to benefit from its impressive liquidity and range of additional features – providing even more utility to NWC holders.  Cryptocurrency trading education, analytics, and social prediction platform NewsCrypto is set to become one of the first cross-chain cryptocurrencies added to PancakeSwap – the leading decentralized exchange on Binance Smart Chain. As a platform designed to make cryptocurrency trading more approachable and profitable for traders, NewsCrypto offers a huge variety of tools, insights, and features to help…

Bitcoin and Ether Market Update March 4, 2021

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Total crypto market cap added $63 billion to its value for the period since Monday and now stands at $1,512 billion. The top ten coins are all in red for the last 24 hours with Chainlink (LINK) and Binance Coin (BNB) losing 5.1 and 4.7 percent of their value. At the time of writing bitcoin (BTC) is trading at $49,193 on the Bitstamp daily chart, ether (ETH) is hovering around $1,556. BTC/USD Bitcoin closed the month of February at $45,160 after jumping up from a daily low of $43,000 on…

Bitcoin Affect? Billionaire Fund Manager Sells 1.8M Tesla Shares for Clients

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Less than a month after US carmaker Tesla revealed its $1.5bn Bitcoin holdings, one of the company’s most vocal bullish investors announced that he had sold 1.8 million of its shares for clients. Ron Baron, the founder of Baron Capital, an investment management firm in New York, said his firm sold TSLA stocks for its clients, believing that they were taking too much percentage of some of their portfolios. Nevertheless, the billionaire investor clarified that he did not sell any of his 1.25 million Tesla shares, reiterating his long-term bullish…

Bitcoin Price Under $50K Now, BTC Correcting Again

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On Thursday, March 4th, Bitcoin is correcting after a phase of growth. It is generally trading at $49,500 USD. By Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Tech analysis of BTC/USD BTC capitalization now is nearing 1 trillion USD. PayPal is planning to buy a crypto depository service. On W1, BTC now keeps correcting in an uptrend. The aim of the growth after the pullback is over is 62,000 USD. The MACD histogram remains positive and keeps growing, giving yet another signal for the growth of the price. The signal lines of…