Bitcoin is being outpaced by some of the smaller and faster-growing cryptocurrencies. The dynamic has lessened Bitcoin’s dominance, with total assets under management for Bitcoin-related investment products falling 20% to $39 billion in December, according to a report from CryptoCompare. The decline reduced Bitcoin products’ portion of total digital-asset investment vehicles to 67.8% from 70.6%, […]
Bitcoin on Balance Sheets
The first quarter of 2021 witnessed increasing institutional involvement in cryptocurrencies and public companies Tesla and Square join Microstrategy in adding Bitcoin to their balance sheets. Source: CoinDesk
Bitcoin Turns 11 Today
Happy Birthday, Bitcoin! This evening 11 years ago, on January 3rd, 2009, someone pressed a button on his (or her) keyboard and created a new currency. There was no paper, gold, or silver backing it, just bits and 31,000 lines of software code with a simple announcement on the Internet. Along with a 9-page Whitepaper […]
Stable-coins are not the future of Crypto
The future of stablecoins isn’t really about stablecoins, but cryptocurrency as a whole. The ebb and flow of the cryptocurrency market continues to be volatile and far from predictable. The good news is that there is a solution that could disrupt and “stabilise” the cryptocurrency market. This solution is already in use. We are talking about stablecoins. Stable-coins […]
NO-DEAL BREXIT ‘WILL SEE CRYPTOCURRENCY VALUE HIT RECORD HIGH’
The surging price of bitcoin could reach record highs in the coming months if the UK leaves the European Union without a deal, according to some cryptocurrency analysts. NO-DEAL BREXIT ‘WILL SEE CRYPTOCURRENCY VALUE HIT RECORD HIGH’. The looming prospect of a no-deal Brexit has already caused the pound to slump against other major currencies, including the euro […]