Stone Ridge, an asset management company worth 13 Billion AUM, just grew bigger as it announced buying 10,000 Bitcoin as part of its primary treasury reserve asset. The company has joined the bandwagon of mainstream institutions to invest and convert their assets to Bitcoin to escape the uncertainties in economies.
Analyst Willy Woo brought to notice that an increasing number of investors are holding bitcoins instead of trading them, anticipating a fair run for BTC in the first quarter of 2021. Bitcoin has fared exceptionally well in the past year, even though the world's economies suffered turbulent times due to
Blockchained India just concluded the Blockchain bytes, a session which facilitated an in-depth and highly consumable knowledge resource pool with a rich discussion around the implementation and implications of DeFi platforms. There were detailed discussions around DeFI with Zilliqa in the spotlight. The First Session was DeFi and Zilliqa (welcome address)
Uniswap saw an unprecedented 43% traffic surge on its exchange, even though the crypto markets remained lackluster throughout September. The mainstream Crypto Exchanges like Binance, Coinbase, BitMex seemed to struggle to garner a substantial traffic flow. ICO Analytics reported that the traffic inflow on DEX platforms like Uniswap was surprisingly better
A $50 Million purchase of Bitcoins would stir every nuke and corner of the crypto industry, Something similar happened when the payments processing company Square announced doing the same; the ripples in the crypto space were inevitable. The company revealed that it procured around 4709 Bitcoins, approximately worth 50 million
The Bitcoin options activity spiked on the Chicago Mercantile Exchange on Wednesday as a large number of stakeholders carried out transactions and bets on BTC call options. A whopping 48 million USD worth of bitcoin options were traded on the CME, making its most massive figure recorded since the end
Chris Larsen, the executive chairman of Ripple Inc, said that the company is looking for options outside of the United States for shifting its headquarters as the crypto regulations are not clear and well defined in the US. Ripple Parting Ways from the US The company is considering Asian or European nations
Shopify, a well-known e-commerce software solutions company, gets closer to crypto adoption by announcing a partnership with Alchemy Pay to enable crypto payments for its vendors and partners. The firm provides e-commerce solutions to leading businesses worldwide, mainly in the US, UK, and Asia. The support for crypto payments makes