The world’s first Ethereum exchange-traded fund has just been launched by Canadian asset management firm Purpose Investments, according to an Apr. 20 press release. Its shares—which are directly tied to physically-settled …
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PayPal’s Venmo To Kick Off Crypto Holding And Trading Within App
According to the Bloomberg Terminal, global payments behemoth PayPal is about to kick off crypto holding, selling, and purchasing within its Venmo app. PayPal first announced the start of operations …
MoreMicroStrategy to announce Bitcoin (BTC) bonuses for board of directors instead of cash
Business intelligence firm MicroStrategy announced on Sunday that its board of directors will now receive bonuses in Bitcoin (BTC) instead of cash. A modified 8-K form filed with the United States Securities and Exchange …
MoreTIME Magazine has committed to holding Bitcoin (BTC) on its balance sheet
According to an announcement made by Grayscale CEO Michael Sonnenshein, TIME magazine has partnered with the leading cryptocurrency asset manager to release a video series centered around cryptocurrencies. As part of the deal, the iconic …
More11% Of Business In Spain Use Blockchain Technology
The use of decentralized technologies is growing in Spain, and we are not just talking about cryptocurrencies but blockchain in general, especially for enterprise purposes. From municipalities and public universities …
MoreTesla’s landlord to accept crypto. Will Elon Musk pay rent in Bitcoin?
After becoming a corporate pioneer in cryptocurrency adoption, Elon Musk could be about to take the next step and begin paying rent in Bitcoin (BTC). While no announcement has been …
MoreJPMorgan Adjusts Its Bitcoin (BTC) Target to $130,000, Predicting Institutional Adoption
In its Thursday note, which was covered by Business Insider, JPMorgan states that Bitcoin’s declining volatility is going to spur stronger institutional adoption. Professional investors will feel more comfortable about holding …
MoreBlackRock SEC Documents Reveal $ 360k From Bitcoin Futures
A filing from the U.S. Securities and Exchange Commission shows BlackRock Financial Management’s Bitcoin futures contracts have appreciated significantly this year. According to BlackRock’s monthly portfolio investments report released by the SEC …
MoreJPMorgan offers Bitcoin exposure, an ETF in sheep’s clothing
Cryptocurrency adoption has been penetrating the mainstream at an exponential rate. While most investors are going straight into buying the likes of Bitcoin (BTC) and Ether (ETH), a few skeptical …
MoreHuge Milestone for Bitcoin Adoption as Morgan Stanley Lets Wealthy Clients Own Largest Crypto
In a first for a major American bank, Morgan Stanley, one of the most established names in the wealth management sector, is now letting its deep-pocketed clients access three Bitcoin …
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