According to a statement on the firm’s Twitter account on July 28, Grayscale currently has $5.1 billion in crypto funds under management.
Goldman strategists said that the fragile economic condition, with interest rate at an all-time low, and the uncertain political scenario, have added to the instability of the USD showing signs of real concerns for it to continue as the world’s reserve currency.
Swiss cryptocurrency investment management boutique FiCAS has announced the launch of the actively managed Bitcoin exchange-traded product BTCA that is listed on the SIX Swiss Exchange.
A1 recently announced that users of its cashless payment app can now conduct crypto payments which retailers will receive in fiat.
BTC was able to provide a daily return of 11.15%.
With sharp bullish trends for BTC in recent days, Bitcoin’s relevance in the investment world keeps gaining investors’ attention.
Now several exchanges use Bitcoin Cash as a key currency, but if their number increases in the future, it may have a positive impact on Bitcoin Cash price.
Stocks showed impressive rally on Monday with Amazon (AMZN) and Apple (AAPL) leading tech stocks amidst expectations of the new stimulus package from the government.
Within the last hour Bitcoin (BTC) price pushed through the $11,000 level in a high volume surge which saw the price reach a new 2020 high at $11,394. At the time of publishing the price has pulled back slightly to the $10,800 range.
To support payments in Bitcoin, Twitch is using BitPay’s digital currency processing network.
The AMFEIX wallet has been already listed by Scam-Alert.io as one of the “top 10 most successful active scammers”.
One of the most fast-developing instruments to earn Bitcoin is options trading. Although it grabs the attention of traders, some still consider it as an illegal way of making profits.
Bitcoin jumped 5% to move above $10,000 levels for the first time since June 3. Investors are closely observing the next resistance of $10,500 above which Bitcoin can set a new bull trend.
The second stimulus package that was confirmed by Treasury Secretary Steven Mnuchin is being viewed as a long-term bullish call on crypto assets.
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