New York-based cryptocurrency asset managers Grayscale bought over 174,000 Litecoin over the past month. This is the equivalent of 80% of all mined LTC in February. As of today, the Grayscale Litecoin Trust holds $244.5mn of …
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Bitcoin payments will be accepted by Major Canadian Car Dealer
Quebec-based car dealer HGreg has announced that it will start accepting cryptocurrencies in a press release. HGreg president John Hairabedian expects the bold move to improve clients’ shopping experience: Our desire to …
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SEC nominee chairman Gary Gensler calls cryptocurrencies “catalyst of change”
Gary Gensler, President Joe Biden’s nominee to spearhead the Securities and Exchange Commission, has told the Senate Banking Committee that he would promote cryptocurrency innovation during his March 2 confirmation hearing when asked cryptocurrency regulations. …
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Bitcoin Options Traders To Take Bullish Bets on $75K and Higher By Summer
Institutional traders look to be positioning for a bitcoin price rally to $75,000 and beyond in the coming months, according to options market data. “On Monday, some block traders took …
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Turkish Finance Ministry will study cryptocurrency with local regulators
Turkey made itself a name as a crypto-friendly country with a “wait and see” approach to digital assets, but that could be about to change, as the government is now …
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Crypto application to make yield farming accessible to all
A crypto app that makes crypto asset management accessible to everyone says it is delivering the best of all worlds by bringing the advantages of centralized and decentralized finance together …
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Here’s One Thing XRP Holders Don’t Want to Miss in SEC Chair Nominee’s Opening Testimony
American academic and ex-investment banker Gary Gensler is set to appear before the Senate Committee on Banking, Housing and Urban Affairs on March 2 for his much-awaited confirmation hearing to …
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China’s Inner Mongolia Plans To Suspend Bitcoin Mining
China’s Inner Mongolia region will suspend Bitcoin mining before the end of April, according to the government’s new energy-saving plan. China is currently the most active country for Bitcoin mining, controlling 65% of Bitcoin’s …
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Investor Dan Loeb dives deep into cryptocurrency
Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between …
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Musician Grimes Sold Crypto Art NFT Collection for $6 Million
Musician and visual artist Grimes has sold a collection of NFTs for over $6 million. NFTs are non-fungible tokens—cryptographically secured collectibles that can be anything, but that have become a popular (and …
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