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0 CommentsA new way of trading and investing in crypto technology Bitcoin ETFs made headlines in 2018. Proponents of ETFs describe them as tools for driving Bitcoin adoption and a shortcut to introducing investors to the full potential of cryptos. Here is a beginner’s guide to Bitcoin ETFs written by Cryptonews. What is an Exchange-Traded Fund…
885 ViewsInvestors poured a record $1.5 billion into the cryptocurrency market last week, as the first-ever Bitcoin ETF kicked off trading, with the underlying asset itself hitting an all-time high, digital asset manager CoinShares’ report said on Monday. The 10th straight week of inflows was also the largest ever, far surpassing the prior weekly record of…
271 ViewsAccording to a study by the National Bureau of Economic Research (NBER), the top 10,000 individual investors in Bitcoin control about one-third of the cryptocurrency in circulation. Despite the growing popularity of Bitcoin, its ownership is still concentrated in just a few hands, the Time reported. Usually, it is difficult to determine the concentration of…
363 ViewsMastercard Inc. and crypto firm Bakkt Holdings Inc. partnered to enable cryptocurrency card payments. Banks will be able to issue debit or credit cards that let people pay with Bitcoin and earn cryptocurrency as rewards. According to the WSJ, the companies announced the partnership to make it easier for banks, financial-technology firms, and merchants to…
341 ViewsWalmart, the world’s largest company by revenue, enables customers to buy Bitcoin at dozens of its U.S. stores. The retail giant is offering Bitcoin through 200 of its Coinstar ATMs in partnership with crypto firm Coinme. This service can be extended if Bitcoin value and consumption continue to rise. Coinstar has more than 20,000 ATMs…
522 ViewsThe MMA star, Khabib Nurmagomedov, has announced that he will serve as the global ambassador for GMT Token. A token of GMT equates to a computing power unit and is backed by real mining assets that bring in daily BTC earnings to its owner. Nurmagomedov, dubbed as ‘The Eagle,’ made the announcement at the Future…
