US-based Insurance Giants Invest in Crypto Market
Six giants of the insurance world tread into the growing market of cryptocurrency by acquiring profit from the stocks of Grayscale Investments, the daughter organization of Digital Currency Group.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Six giants of the insurance world tread into the growing market of cryptocurrency by acquiring profit from the stocks of Grayscale Investments, the daughter organization of Digital Currency Group.
The billionaire hedge fund manager also noted that he would go “all-in” on crypto if the US Federal Reserve remains nonchalant about the rising inflation and consumer prices.
The Tanzanian President’s statements on adopting Bitcoin as the new digital currency seem to be influenced by the recent alterations administered by El Salvador where BTC has been declared as a legal tender.
The new Virtual Currency Bill passed by Texas and the state banking committee gives all banks the right to offer crypto custodial services to its clients.
There are several ways of earning money on cryptocurrencies in the digital assets market. Unfortunately, not all of them deserve attention.
Despite the apparent volatility of Bitcoin’s value, growing consumer acceptance and investor confidence in cryptocurrency are expected to eventually lead to more stability in its value.
Yunnan now joins Inner Mongolia, Xinjiang, and Qinghai that have all issued notices to shut down part or all of the mines in their regions.
With recent consolidation and the fresh announcement from Elon Musk, Bitcoin on-chain indicator has turned bullish setting it up on a north trajectory to $85,000.
With three years left on the forecast, popular analyst PlanB and Bloomberg strategist Mike McGlone have stated confidence in a continuing BTC uptrend.
Musk is right saying that Bitcoin mining is dangerous for our planet. Over the past two years, the rise of Bitcoin has caused CO2 emissions to increase by over 40 million tons, which is equivalent to 8.9 million cars added to the road.
The major thing with the Taproot upgrade is that it will introduce the smart contract functionality on the Bitcoin network while exponentially increasing its utility.
Twitter stock is expected to reap hugely from Bitcoin lightning network integration that could see its revenues up in the coming quarters.
The notice has appeared after the Texas regulatory body had recently passed a new bill consenting the crypto proceedings to be recognized under the State’s commercial law.
Although the DOGE effort was announced first, BitMEX’s recent publication has put Bitcoin ahead as both assets race to the moon.
The Invesco Galaxy Crypto Economy ETF is billed to track the investment results of the Alerian Galaxy Global Cryptocurrency-Focused Blockchain Index while the Galaxy Blockchain ETF will track the results of the Alerian Galaxy Global Blockchain Index.