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The famed fund manager had invested heavily in bitcoin in his funds before. Bill Miller (Tim Boyle/Bloomberg via Getty Images) Nelson Wang is CoinDesk's news editor for the East Coast. He holds BTC and ETH above CoinDesk's disclosure threshold of $1,000. Market-beating fund manager and billionaire Bill Miller is so bullish on bitcoin that it and investments tied closely to...
The development of an in-house stablecoin was first discovered in the source code of Paypalâs iPhone app by developer Steve Moser. The development of an in-house stablecoin was first discovered in the source code of Paypalâs iPhone app by developer Steve Moser. American fintech giant PayPal Holdings has reportedly confirmed its intent to launch its own stablecoin named PayPal Coin....
The Swiss sister entity to Jordan-based Arab Bank is offering clients access to AAVE, COMP, UNI and more. Arab Bank Switzerland, the Geneva-headquartered affiliate of Middle Eastern lender Arab Bank PLC, has extended its wealthy investor-focused cryptocurrency offerings to include 10 of the major decentralized finance (DeFi) tokens. The bank, whichbegan offering crypto custody and brokerage of bitcoin and ether...
Grayscale Bitcoin Trust and Ethereum Trust AUM have dropped 30% and 22%, respectively over this time period. Grayscale Investments has $43.6 billion in crypto assets under management (AUM), the digital asset manager tweeted on Friday â a more than 28% decline from the$61 billionthe digital asset manager held in early November. AUM in the Grayscale Bitcoin Trust, the firmâs largest...
The metric has fully recovered after a plunge in mid-2021 as the Chinese government clamped down on local miners. Hashrate figures for Bitcoin set new highs on Sunday night after crossing previous highs from mid-2021, data from analytics tool Glassnode show. Hashraterefers to the amount of computational power used by miners dedicated to the minting of new bitcoins and verification...
The countryâs adoption of BTC as legal tender wasnât enough to keep the cryptocurrency near $50K in September. Hi Market Wrap readers! During the final two weeks of 2021, weâre using this space to recap this yearâs most dramatic moments in cryptocurrency markets â and highlight the key lessons from this fast-evolving corner of global finance. Over a series of...
Airdrops can kickstart a community, but that doesnât mean they have staying power. (Kamil Pietrzak/Unsplash) In a remarkable display of the power of airdrops in community formation, a new token reached a peak market capitalization of over a quarter-billion dollars in just four days. Unclear goals, looming security risks and a fickle market could lead to prices drifting lower as...
El Salvador. The metaverse. Web 3 catalysts. Ethereumâs future. 2021 was a historic year for crypto with many milestones. And there are no signs of the momentum slowing down in 2022! As per our tradition since 2015, here are my 10 crypto predictions for the coming year: Fortune 500 companies in the metaverse 2021 saw the concept of the metaverse...
The bitcoin-holding U.S. senator is trying to âfully integrateâ crypto into the U.S. financial system, an aide said. U.S. Sen. Cynthia Lummis (R-Wyo.), one of Bitcoinâs most vocal advocates on Capitol Hill, will pitch Congress next year on creating a crypto regulatory body as part of her sweeping digital asset policy bill, a senior aide told CoinDesk. Lummis, who sits...
Project Name: MegaTokenSymbol: HPWproject description:MegaToken (HPW) taken from Hash Per Watt is a mining token. MegaToken has tokenized the farm's equipped mining power by creating a mining token equivalent to one watt of affordable and green electricity. MegaToken smart mining platform allows users with tokenized power sources to mine bitcoins and other cryptocurrencies for the first time by using an...