Grayscale, an institutional investment firm, recently announced its plans to convert its Bitcoin trust into a settled exchange-traded fund (ETF). The decision was made known by Barry Silbert, CEO of Grayscale’s parent company, Digital Currency Group. Silbert hinted that the investment giant is planning to convert its Bitcoin trust into
Tag: Bitcoin
U.S Bank Embraces Cryptocurrency with its Recent Launch
Banks, like many other institutions, have opened their doors wider than ever to cryptocurrency as customers continue to demand these services. U.S Bank is the latest of these financial institutions to give a warm embrace to cryptocurrency and are reported to have launched their cryptocurrency custody services following strong interest
Latin America, the frontrunner for Crypto adoption?
From El Salvador becoming the first country to accept Bitcoin as legal tender to Binance granting Axie Infinity Scholarships, a lot has been happening in Latin America's crypto bubble. While this is excellent news for the global crypto community, it does pose a question if Latin America is at the
Twitter to let Twitter users Send and Receive Bitcoin Through Its Tip Jar
Twitter is one of the multi-billion organizations joining in the cryptocurrency revolution and, as its social media counterpart, is seeing a bright future within the space. Recently, CEO Jack Dorsey announced that Bitcoin would be a part of Twitter’s future, hinting at the possibility of more cryptocurrency-based products from the
Tesla to accept Bitcoin when miners use 50% clean energy
Elon Musk has been the “man of the hour” for far too long because of his scandalous tweets from time to time. Yesterday was no different when Musk, in reply to an allegation, tweeted that Tesla will start accepting Bitcoin once miners can confirm clean energy usage around 50%. Tesla’s bout
Bitcoin sees a ray of hope as its market dominance increases!
The volatility of the cryptocurrency market can never be overstated, as evident from the recent trends. Cryptocurrencies have probably seen the worst case of fluctuations in a long time caused by certain tweets and new mining policies by China. However, good news for all fellow crypto enthusiasts as Bitcoin seems to
Elon Musk induced Volatility did not Faze Bitcoin Whales
Despite Elon Musk's repetitive tweets aimed to induce volatility and fluctuations in the Bitcoin market, crypto whales continued purchasing the cryptocurrency. Several leaders in cryptocurrencies have acquired over $2 Billion in the past few weeks since the market started dumping Bitcoins following Musk's pursuit. Bitcoin Whales on a roll! Bitcoin Whales is
Zionodes offers Chia Farming- The green alternative!
Several environmentalists and crypto enthusiasts have been worried about the carbon footprint of Bitcoin mining. Even Elon Musk raised his concern about this issue and decided to stop accepting Bitcoin as a payment mode of Tesla. While this step from the global crypto influencer was considered a strategic decision by
Winklevoss Twins releasing exclusive NFT on Etherenity Chain (ERN)
Tyler and Cameron Winklevoss, legendary Bitcoin advocates and the founders of Gemini, will be immortalized by the flagship NFT project Ethernity Chain (ERN). Ethernity Chain addresses NFTs and offers a unique marketplace where users can buy, sell and trade exclusive collectibles. According to the official statement by the product team, the
Crypto AM DeFi and Digital Inclusion Online Summit this Week!
Are you still confused about blockchain technology, decentralized apps, the crypto ecosystem, and everything about it? Well, you won’t be after the Crypto AM DeFI and Digital Inclusion Online Summit taking place on Thursday, May 20th. The summit has an impressive line-up with some experts from the crypto community that will