Marlton Applauds Decision to Increase Digital Currency Group’s Authorized Purchase of GBTC Shares for $750 Million  – Finance Bitcoin News

Investment management firm, Marlton, has applauded the recent decision to authorize the purchase by Digital Currency Group (DCG) of up to a total of $750 million worth of shares of Grayscale Bitcoin Trust (GBTC). This latest action follows Marlton’s recent call for DCG and the Grayscale board to do more to narrow the discount on GBTC shares. Support for Purchase Authorization In a statement, Marlton’s Managing Member, James C. Elbaor says this DCG action is “a more constructive approach to alleviating the dramatic discount between the market price of GBTC…

Yearn Finance Launches Vault, YFI Retakes Bullish Momemtum

Popular DeFi protocol Yearn Finance has launched a new product, a yield generator called yvBOOST. Part of its suite of vaults, this product will complement the “Backscratcher” vault and will allow users to earn and boost rewards in the Curve-based token 3CRV. “Backscratcher” offers rewards in Curve’s, an Ethereum exchange liquidity pool, native token CRV. The vault simplifies the process of obtaining Curve’s additional rewards by locking a portion of the CRV for the users. That way, all vault participants can benefit from the option of boosting their APY if…

Tether Zips Past $50B and Heats Up the Crypto Market

HomeNewsCrypto NewsTether Zips Past $50B and Heats Up the Crypto Market Tether (USDT), the world’s largest stablecoin, just reached a market capitalization of $50 billion at the end of April 2021. A definitive sign that the cryptocurrency bull market is warming up, the Tether supply has grown by more than a factor of 10 over the last 12 months. Calculating the breakdown, that roughly accounts for 25% growth in the span of a month.  CTO of Tether Paolo Ardoino, has commented on this success stating, “Crossing a market cap of…

BEATBIND – (REVIEW) – a decentralized event organization application on Blockchain."

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “BeatBind – a decentralized event organization application on Blockchain.” FOR MORE DETAIL Website – Twitter – Facebook – Linkedin- Telegram – Bitcointalk – Instagram – medium – bounty partner detail Proof of authentication BTT username: chirag6313 ERC-20 wallet address: 0x7289860947bbB86d8045a226F136DA84D86E0a39 ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Range-bound Bitcoin price opens the door for altcoins to move higher

Ether (ETH) took charge as a new month begins and the second-largest cryptocurrency by market capitalization rallied to a new all-time high at $3,338. This has many analysts shouting out that a new ‘altcoin season’ has commenced. Meanwhile, Bitcoin  (BTC) price is continuing to meet resistance around the $56,000 to $58,000 level.  Data from Cointelegraph Markets and TradingView shows that since dropping to a low of $2,160 on April 25, the price of Ether has rallied 54% to a new record high at $3,324 on May 3 as Monday’s 12% spike lifted…

Bitstamp announces US expansion after 570% increase in customers

One of the oldest exchanges in the crypto space recently announced that it would be ramping up efforts to reach more users in the United States. In an announcement from Bitstamp today, the crypto exchange said it would be launching a marketing campaign in the U.S. aimed at educating retail investors about crypto following significant growth in the first quarter of 2021. As part of these efforts, Bitstamp said it planned to triple the number of people in its U.S. team and grow its customer support team by 50% in…

EMERGENCY!! ALTCOIN CRASH IMMINENT, BITCOIN PRICE PREDICTION, ETHEREUM & LITECOIN!! (BTC, ETH & LTC)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io EMERGENCY!! ALTCOIN CRASH IMMINENT, BITCOIN PRICE PREDICTION, ETHEREUM & LITECOIN!! (BTC, ETH & LTC) Welcome back to the Crypto World channel! In this video I reveal my Exact Bitcoin Price Target! I use my Bitcoin Technical Analysis to show exactly where Bitcoin will be heading next (Bitcoin Price Target / Bitcoin Prediction)! I also reveal my exact Ethereum Price Target / Ethereum Prediction by showing my Ethereum Technical Analysis later in this video! I also show my overall Altcoin Technical Analysis that…

Blockchain-Based Gaming Illuvium (ILV) Token Is Now Listed on Bitcoin.com Exchange – Press release Bitcoin News

press release PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of ILV, being available to trade on the 3rd May 2021 at 15:00 UTC. ILV was created by the Illuvium team, as the token to reward players in their open-world RPG adventure game built on the Ethereum Blockchain. ILV will start trading with USDT and BTC pairs. What is Illuvium? Illuvium is an open-world fantasy battle game built entirely on top of the Ethereum blockchain. It’s often referred to as the first actual AAA game on Ethereum. The…

Blockcap plans to have 50K Bitcoin miners operational by 2023

One of the largest crypto mining firms in North America said that it has acquired an additional 8,000 rigs and has begun mining other cryptocurrencies.  In an announcement from Blockcap on Monday, the mining firm said it planned to have more than 50,000 mining rigs online by the end of 2022. Blockcap now controls more than 12,000 mining rigs, generating more than 6.6 Bitcoin (BTC) daily — roughly $380,000 at the time of publication. The firm added that it was accelerating its move to mine other cryptocurrencies including Ether (ETH).…

Fidelity Investments Launches Crypto Analytics Platform Sherlock for Institutional Investors – Technology Bitcoin News

The American multinational financial services corporation based in Boston, Massachusetts, Fidelity Investments has announced the introduction of a new comprehensive data and deep analytics solution for digital assets. The new product is called Sherlock and it’s meant for institutional clients so they can streamline “fundamental and technical data” tied to cryptocurrencies. Fidelity Investments Introduces Crypto Analytics and Tools Platform Called Sherlock The data and analytics space tethered to the cryptocurrency world is exceptionally hot right now, as firms like Skew, Glassnode, Messari, Dune Analytics, Cryptoquant, and others have been turning…