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Guggenheim Investment Fund to Invest $497 Million in Grayscale’s GBTC Seeking Bitcoin Exposure

Guggenheim’s billion-dollar Marco Opportunities Fund (MOF) may seek indirect exposure to BTC through the investment of 10% of its net asset value into Grayscale’s BTC Trust (GBTC). The investment (when complete) means MOF will have committed as much as $497 million into the GBTC. In a November 27 amended prospectus filing with the U.S. SEC, Guggenheim...

Fighting Definancialization: Cryptologic Methods Like Bitcoin Could Protect Wealth From the Great Reset

The Great Reset agenda is trending once again on social media, numerous news outlets, and a variety of online forums. During the last few months, the Great Reset proposal has been pushed worldwide, as it allegedly seeks to create a sustainable economy following the coronavirus pandemic. Meanwhile, a great number of people are skeptical of the reboot...

Better than DeFi: SINOVATE’s New Infinity Nodes Provide Up to 130% Returns

SINOVATE’s Incorruptible Data Storage (IDS) dCloud network is providing game-changing decentralised cloud storage to the market – and to do that, the network needs reliable, distributed hardware and dedicated servers which will provide it with the stability and longevity needed to run this ground-breaking service. 2020 – What a Year for Crypto From...

Russia to Recognize Bitcoin as Property With Legal Protection

The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court. Russia to Recognize Bitcoin as Property During the government meeting on Thursday, Russian Prime Minister Mikhail...

Canadian Public Company Dumps Ethereum and Monero for Bitcoin

A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings, a Toronto-headquartered company listed on the Canadian...

Introducing MoonDeFi, a New Part of Decentralized Finance

PRESS RELEASE. Centralized exchanges have been the backbone of the cryptocurrency market for years. They offer fast settlement times, high trading volume, and continually improving liquidity. However, there’s a parallel world being built in the form of trustless protocols. Decentralized exchanges (DEX) require no middlemen or custodians to facilitate...

Ripple Is Selling 33% of Its Stake in Moneygram

Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019. At close on Nov. 27, shares of Moneygram were down 4.8% at...

Market Update: Bull Trap Warnings After Bitcoin Shoots Above $18k Handle

Digital asset markets have recaptured some of the losses taken three days ago, as a great majority of the crypto economy has started to rebound after the market rout. Bitcoin has climbed above the $18k handle once again and a myriad of crypto assets are up between 1-6% during the last 24 hours. After dropping to a low of $16,300 per coin, bitcoin (BTC)...

No, You Can’t Buy Shares in Bitcoin

With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO). Many early adopters of bitcoin became multi-millionaires by simply holding the digital asset. New Scam Tactic Consequently, many bitcoin investment scams have sprung up and millions of dollars have been lost...

Peafarm – NFT Crypto Games on Tron 4.0 Platform, Airdrop Is Now Live

PRESS RELEASE. NFT (non-fungible token) had been used in the construction of decentralized gaming platforms, issuing proprietary tokens, anti-copy and copyright related issues. It is expected to be a new trend that will attract the attention of investors because of the profits and practical application of blockchain to life. What is Peafarm? Peafarm...

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