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: BTC
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
Tesla no longer accepts Bitcoin over Climate Concerns
Elon Musk is on a roll and has been tweeting about his plans to incorporate cryptocurrencies with his companies. While most of these tweets were welcomed by the crypto community as they boosted cryptos prices such as Dogecoin, some had the opposite effects. Recently, Elon Musk tweeted his concerns about the
Hashdex, a Brazillian Crypto asset manager, secures $26M in funding
Hashdex is a crypto asset manager based out of Rio de Janeiro that manages assets worth over 4 Billion Brazillian real ($765 Million). The company recently conducted a funding round to raise $26 Million in a funding round from the investors. Venture capital firm Valor Capital Group led this funding round
EOS price surges 100% in 3 days! – Here’s why
Luckily for crypto enthusiasts, several cryptocurrencies have seen a sudden surge in price in recent days. However, cryptocurrencies such as Bitcoin and Ethereum were not the only crypto assets that have seen a positive fluctuation. Altcoins such as EOS, DogeCoin, etc., also saw a significant surge in price. Talking about EOS,