How Crypto Reacted to This Week’s SEC Bitcoin ETF Delay
While the market didn’t like the SEC’s bitcoin ETF delay decision, observers on social media weren’t surprised at all.
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What Is Guggenheim Partners?
Guggenheim Partners is part of the next wave of institutional investment firms looking to step into Bitcoin.Scott Minerd is the CIO of Guggenheim Partners.(Kevin Mazur/Getty Images)Jan 26, 2021 at 8:52 a.m. UTCWhat Is Guggenheim Partners?Guggenheim Partners is a privately owned global investment and advisory firm with headquarters in Chicago and New York. Originally founded by the…

Loyalty, Memberships and Ticketing: How NFTs Will Bring About Mass Adoption
As the crypto market faces new challenges and market downturn, many are looking elsewhere for glimmers of what the future of decentralization and blockchain technology will be.Non-fungible tokens (NFTs), particularly in the form of profile pictures (PFP) collections, experienced a boom in sales in 2021. Many adopted these colorful JPEGs as a reflection of their…

MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High
Benchmark has raised its price target for MicroStrategy to $2,150 even as the company posted a revenue miss on Thursday. The broker's analyst noted the company's share price outperformance since adoption of bitcoin as its primary treasury reserve asset in August 2020. Since then, the stock's performance was significantly better than other assets like bitcoin

Record Levels of Negative-Yielding Debt Strengthen Case for Bitcoin: Analysts
Nov 16, 2020 at 11:51 a.m. UTCUpdated Nov 16, 2020 at 11:56 a.m. UTC(Chayatorn Laorattanavech/Shutterstock)Record Levels of Negative-Yielding Debt Strengthen Case for Bitcoin: AnalystsBitcoin’s long-term bullish case may have got another boost as the global stockpile of negative-yielding bonds hits a new high.The value of the Global Negative-Yielding Debt Index from Bloomberg and Barclays is…

Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped
Bitcoin climbed to over $30,000 during the Asian evening hours on Wednesday on hopes of favorable monetary policies in the U.S, some market analysts opined. That move didn’t last long, however, as sudden sales drove prices to the $27,700 level following the U.S. market open.

Banks Have to Embrace Distributed Ledger Tech, Even if It Kills Them
Mar 18, 2020 at 10:00 UTCChuck Fried is the President and CEO of TxMQ, a technology consulting and integration company specializing in the financial services industry. He has more than 30 years of experience helping banks set up, manage, transform and evolve their IT systems to improve customer service and reduce the risk of fraud…

Crypto Payments Processor BitPay to Support Paxos Stablecoin
NEWS Crypto startup Paxos is partnering with payments firm BitPay to allow the latter’s merchants utilize the Paxos Standard stablecoin in settling transactions. Announced Tuesday, the move will give BitPay clients the ability to conduct transactions using a cryptocurrency while maintaining the “the trust and stability of the U.S. dollar,” according to press statements. BitPay’s…

Ethereum Dev Virgil Griffith Pleads Not Guilty to Violating North Korea Sanctions
Jan 30, 2020 at 20:05 UTCUpdated Jan 30, 2020 at 20:38 UTCVirgil Griffith speaks at Consensus: Singapore 2018, photo via CoinDesk archivesEthereum developer Virgil Griffith pleaded not guilty to a charge of conspiracy to violate the International Emergency Economic Powers Act on Thursday. Griffith was arrested in November on allegations he spoke at a cryptocurrency conference…