Tags : Asset

Bitcoin

215k Bitcoin moved to ‘HODL’ wallets as asset recovers to

Bitcoin markets fell over -7% in the past day amidst a broader fallout in crypto markets and a surge in the Dollar Index (DXY), data from multiple sources shows. However, on-chain data from analytics tool Glassnode showed buyers were stacking sats and sending newly-bought Bitcoin to long-term wallet holdings instead of selling the asset outright […]Read More

Regulation

$5 trillion asset manager Fidelity applies for Bitcoin ETF

FD Funds Management, a subsidiary of Fidelity Investments (which manages over $4.9 trillion in assets), yesterday filed a preliminary registration with the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) exchange-traded fund (ETF). “The digital assets ecosystem has grown significantly in recent years, creating an even more robust marketplace for investors and […]Read More

Bitcoin

One Year Later: Bitcoin Emerges As “The Stimulus Asset”

Bitcoin price is trading at above $52,000 currently, yet less than one year ago from today it struggled to crack $10,000. Failure sent the cryptocurrency plummeting to Black Thursday lows, but from there confirmed the bear market was over, and has been in an uptrend ever since. During that time, compared to all other assets, […]Read More

Bitcoin

MicroStrategy buys another $10 million of Bitcoin, and it’s now

Expect Micheal Saylor to purchase all your Bitcoins the minute you stop paying attention. The MicroStrategy CEO announced today that the enterprise software maker had purchased over $10 million worth of Bitcoin, adding to its war chest of over a billion dollars worth of the asset already. “MicroStrategy has purchased approximately 295 bitcoins for $10.0 […]Read More

Market

Prime Trust, tZERO Partner on Digital Asset Custody, Trading

Security token trading platform tZERO is to integrate technology from Prime Trust, a digital asset finance infrastructure provider, under a new partnership.  According to an announcement Wednesday, the integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO, and further allows its users to trade assets […]Read More

Market

Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity

The Federal Reserve said Wednesday it would keep U.S. interest rates close to zero and continue its $120 billion-a-month bond-buying program.  “The pace of the recovery in economic activity and employment has moderated in recent months,” the committee said in a statement released after the meeting of the Federal Open Market Committee (FOMC). “The path […]Read More