Bitcoin Blockchain and Cryptocurrency News Center
According to its new SEC filing, financial services company Rothschild Investment Corporation now holds 30,454 shares of Grayscale Bitcoin Trust (GBTC) that allows institutional investors to get exposure to the world’s largest cryptocurrency without directly owning it. Image by sec.gov This represents a 24 percent increase from October when the crypto king was trading well below $20,000. […]
Cryptocurrency exchange Binance, the world’s largest by trading volume, has made a strategic investment in Chinese media and data source Mars Finance. According to a report from Bloomberg citing a press release, the investment amount was not disclosed, but values the company at $200 million. Aside from Binance, which reportedly made its first strategic investment in China […]
Bitcoin (BTC) has been profitable as an investment 98.2% of the days since its creation, data from holdcalc.com as of July 1 indicates. Counting 3830 days back — to January 4, 2009, one day after the coin’s Genesis Block was hashed — holdcalc’s data suggests that on 3671 of these, it was profitable to buy bitcoin […]
The U.K.’s Financial Conduct Authority (FCA) has set out proposed guidance for how crypto assets should be regulated in the country, the CoinDesk reported on January 23. In a consultation paper published Wednesday, the watchdog assigns the various crypto tokens into three categories and suggests whether these can be accommodated under existing rules overseen by the FCA […]
PayPal co-founder and noted venture capitalist Peter Thiel has backed a $2.1 million seed round for crypto investment startup Layer1, the firm announced Wednesday. Other investors in the round include Digital Currency Group, institutional investor Jeffrey Tarrant and more. Layer1 is a crypto investment and engineering infrastructure platform. However, it also acts as a kind of […]
Crypto exchange Kraken is on a fundraising drive, offering “select” investors a chance to purchase stakes in the firm. The firm’s CEO, Jesse Powell, confirmed to CoinDesk that his company is looking to tap a small number of clients for a fundraising round valuing the firm at $4 billion. “There is presently a limited time […]