Trust

Jeff Currie Talks Bitcoin, Risk, Inflation Hedge

Source Node: https://beincrypto.com/jeff-currie-talks-bitcoin-risk-inflation-hedge/
Time Stamp: December 18, 2020 2:31 PM - Modified On: May 21, 2021 - Published By:
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The head of Commodities Research at Goldman Sachs spoke on Bloomberg TV regarding his view of Bitcoin. He compared it with copper and gold in particular. Risk On, Risk Off Goldman Sachs Head of Commodities Research Jeffrey Currie told Bloomberg TV on Dec. 17 that he sees Bitcoin as a risk-on growth proxy. He compared it to copper and said that overlaying their pricing charts shows that they act in much the same way. Risk-on investments are those, across investment classes, that investors perceive as interesting when risk is relatively

Grayscale Bought Almost $140 Million in BTC in 24 Hours

Source Node: https://beincrypto.com/grayscale-bought-almost-140-million-btc-in-24-hours/
Time Stamp: December 5, 2020 3:57 AM - Modified On: May 21, 2021 - Published By:
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Betting Big on Bitcoin Grayscale, the Bitcoin Trust custodian and digital asset manager, has added another $140 million worth of Bitcoin to their Bitcoin Trust portfolio within the last 24 hours. Grayscale made the purchase of 7,188 Bitcoins in just one day. This confirms continued institutional interest surrounding their Bitcoin offering. When you look at Grayscale Bitcoin holdings over the last week and month, a similar pattern appears. In the last week, Grayscale added over 14,000 BTC. In the last month the company added a whopping 64,832 BTC worth collectively

TrustSwap Review: Making Smart Contracts Mainstream

Source Node: https://www.coinbureau.com/review/trustswap-swap/
Time Stamp: December 1, 2020 8:18 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The cryptocurrency space can be a scary place if you are not careful. There are scammers left and right, and not just in Discord and Telegram. Many cryptocurrency projects have revealed themselves to be nothing short of a ponzi scheme. Some have even ended with a rug pull – the team dumping their share of the crypto on the market and running with the cash.TrustSwap is a cryptocurrency project that is hoping to change that by using smart contracts. They want to create a new standard for initial coin offerings

Turkey Residents Panicking Over Massive Inflation

Source Node: https://cointelegraph.com/news/turkey-residents-panicking-over-massive-inflation
Time Stamp: August 19, 2020 1:13 AM - Modified On: May 21, 2021 - Published By:
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Rampant inflation is affecting Turkish residents’ confidence in the nation’s lira fiat currency. According to a Reuters report on Aug. 14, locals are dumping lira, converting it to dollars and buying gold. Even with market interventions and reassuring stories about monetary stability coming from the government, the locals’ faith in the lira is on a downward trajectory. Inflation is currently at 11.8% and has overtaken the amount of interest offered for savings at banks. One resident was quoted as saying he had bought gold as a safe-haven asset:“I think it is the best investment

Key Timing for Adoption? Crypto Goes Mainstream With TV, Newspaper Ads

Source Node: https://cointelegraph.com/news/key-timing-for-adoption-crypto-goes-mainstream-with-tv-newspaper-ads
Time Stamp: August 18, 2020 12:46 PM - Modified On: May 21, 2021 - Published By:
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Amid turbulent times for the world at large, the cryptocurrency space seems to be cruising on its own steam in 2020. The coronavirus pandemic has put a major strain on economies around the world, and countries such as the United States have seen their central banks resort to extended quantitative easing in order to stimulate their financial ecosystems.Some analysts believe that this continual fiscal stimulus is part of the reason that the cryptocurrency market is enjoying relative success compared with its traditional financial counterparts.The likes of Anthony Pompliano, co-founder of

Brave Releases Update on its Decentralized Ad Platform

Source Node: https://beincrypto.com/brave-releases-update-on-its-decentralized-ad-platform/
Time Stamp: August 18, 2020 11:59 AM - Modified On: May 21, 2021 - Published By:
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In a June blog post, the team behind Brave, the open-source browser known for its privacy and unique advertising model, published a straw version of one of its research initiatives. The initiative is an ad platform called ‘THEMIS.’ Themis is a decentralized and private-by-design protocol that aims to improve upon the current Brave ad ecosystem. This new protocol comes with numerous potentially attractive features. According to Brave, it will give users anonymity, it’s decentralized, it requires zero trust, and provides auditability. On August 17, the team published part two of

Staking for Waves’ Neutrino Dollars Comes to the Ethereum Network

Source Node: https://cointelegraph.com/news/staking-for-waves-neutrino-dollars-comes-to-the-ethereum-network
Time Stamp: August 18, 2020 9:00 AM - Modified On: May 21, 2021 - Published By:
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The Neutrino protocol, a price-stable multi-asset protocol running on major blockchain platform Waves, is introducing the Neutrino dollar (USDN) on Ethereum.The Neutrino dollar, an algorithmic stablecoin collateralized by the Waves (WAVES) native token, is now available for all Ethereum users as the token has been ported to the Ethereum blockchain, Waves announced on Aug. 18.With the porting, Neutrino USD becomes accessible on Ethereum, enabling Ethereum users to stake rewards by just holding USDN in their Ethereum wallets, Waves CEO and founder Alexander Ivanov told Cointelegraph. The new integration also allows

Grayscale’s Bitcoin Cash and Litecoin Funds Available for Public Trading

Source Node: https://beincrypto.com/grayscales-bitcoin-cash-and-litecoin-funds-available-for-public-trading/
Time Stamp: August 18, 2020 3:48 AM - Modified On: May 21, 2021 - Published By:
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The digital asset management firm Grayscale Investments announced on Aug 17 that its Bitcoin Cash and Litecoin Trusts are now publicly tradable. Shares of the two trusts will be traded on OTC markets under the tickers BCHG and LTCN. Bitcoin Cash and Litecoin have joined the Grayscale Bitcoin Trust (GBTC), Ethereum Trust (ETHE), Ethereum Classic Trust (ETCG), and Digital Large Cap Fund (GDLC) as being publicly tradeable. US securities investors will be able to trade Bitcoin Cash and Litecoin without having to buy and store the assets themselves. Prior to

Two Attacks on ETC Network Leave Community Needing a Solution, Fast

Source Node: https://cointelegraph.com/news/two-attacks-on-etc-network-leave-community-needing-a-solution-fast
Time Stamp: August 16, 2020 9:15 AM - Modified On: May 21, 2021 - Published By:
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Ethereum Classic, a 2016 hard fork from Ethereum’s main blockchain, has suffered multiple concerning network attacks over the last two years. Two such attacks occurred within a seven-day span, totaling millions of dollars in losses. With the dust settling from the two 51% attacks, further details are now coming forward, as provided by a number of industry experts.“There is no debate about the attacks,” ETC Labs CEO Terry Culver told Cointelegraph on Aug. 7, answering a question on whether or not the network difficulties were in fact 51% attacks. “Community

Grayscale Bitcoin Trust Saw Surge in Investor Interest After March

Source Node: https://cointelegraph.com/news/grayscale-bitcoin-trust-saw-surge-in-investor-interest-after-march
Time Stamp: August 12, 2020 9:18 AM - Modified On: May 21, 2021 - Published By:
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The Grayscale Bitcoin Trust, an investment tool that aims to provide an indirect exposure to Bitcoin (BTC) for investors in traditional markets, reported a significant increase in how many shares it issued between Q2 and Q1 of 2020.According to an Aug. 7 filing with the Securities and Exchange Commission, the trust issued more than 87 million shares in Q2 2020, compared to the total of 133 million shares issued for all of 2020.The trust issued almost 90% more shares in the second quarter of 2020 compared to the first. This