News and Articles by Anahit

SEC-registered automated investment services and advisory provider Wealthfront informed about expanding its investment options, including two crypto trusts: Grayscale Bitcoin Trust and Grayscale Ethereum Trust. As the firm stated via a blog post published on July 29, its aim was to provide...

Gaining around a 4% price increase over the previous 24 hours, Bitcoin's price reached its 2-month high surpassing $42.000. Over the previous 7 days, the price has gone up by over 23%. The price of Bitcoin started to rise after the massive sell-off in May. Since then BTC was hesitating between...

Germany makes a move towards crypto adoption. The country enables funds aimed at institutional investors to put up to 20% of their capital in various digital assets. However, managers should adopt a cautious approach taking into account that the asset class is ultra-volatile. The option will be...

Virginia-based publicly traded enterprise intelligence software firm MicroStrategy reported the results of Q2, 2021 on July 29. As stated in the report, on June 30, 2021, the value of MicroStrategy's digital assets was over $2 B. The company now owns around 105,085 bitcoins. This indicates a $689.6...

The hashrate of Bitcoin which fell significantly after the China mining crackdown, started to recover, going up by around 15%. Hashrate indicates the amount of computing power used in a second for BTC mining. The seven-day moving average of BTC hash rate reached 100 exahashes per second (EH/s)...

Popular trading broker Robinhood will be listed on Nasdaq today (July 29). However, before the listing itself, the company holds an Initial Public Offering (IPO) that allows earlier investments to the company's stock. This means all interested companies and individuals can invest in stocks....

On July 27, payments network Ripple standing behind the development of the cryptocurrency XRP revealed cooperation with Japan's leading money transfer operator SBI and its subsidiary SBI VC Trade to carry out currency exchanges from Japan to the Philippines. Ripple will set an On-Demand Liquidity...

NFTs represent a different world in decentralization. Although the first of them was created in 2014 by New York artist Kevin McCoy, and the term was defined later, in 2017, it is in 2021 that the popularity of these tokens has seen significant growth. But, what are NFTs, and what's special about...

Crypto trading operations provider Robinhood may present a feature that protects users from crypto price ups and downs. As mentioned in a report published by Bloomberg on July 27, iOS developer Steve Moser carried out an analysis of a new code running in a final product test of the Robinhood iPhone...

Popular fast food restaurant chain Burger King's Brazilian branch now introduces the option of buying doggie food called Dogpper with Dogecoin. The offer has begun to function since July 26 as the company's website informs. Users will need to look into the delivery availability for their location....

On July 26, NY-based leading bank Goldman Sachs filed with the SEC to launch an ETF that would give exposure to investment data that closely reflect, before charges and expenses, the movements of the Solactive Decentralized Finance and Blockchain Index. In the part describing main investment...

Ontario-headquartered international e-commerce company Shopify now enables direct NFT sales between merchants and its clients. The president of the company Harvey Finkelstein tweeted about the news. He says that with this move, the buyer-customer relationship becomes simpler and doesn't require...

American electric car producer Tesla presented a report on the results of the second quarter of 2021. The paper indicates new highs with a net income of $1.14 B. The firm also stated a Bitcoin-caused impairment loss of $23 million as at the time of purchase the price of the coin was higher than...

Popular online shopping company Amazon commented on the rumors about the possibility of its accepting crypto payments. According to the press release published by Reuters on July 27, the representative of the company said the team is interested in crypto, but there are no certain plans on their ...

As reported by Bloomberg on Monday, the US Department of Justice began an investigation to find out if Tether execs are behind a bank fraud. Particularly, the process is meant to discover if the company which developed the dollar-pegged stablecoin USDT tricked banks making transactions and...

Widely used crypto exchange Binance terminates margin trading on the pound sterling, the euro, and the Australian dollar from August 10. As noted in the blog post released on July 26, Binance Margin will be settled in an automated way, annul orders, and remove pairs that include the above-mentioned...

Major crypto exchange FTX cut its allowed leverage, making it 20X from 100X. By doing so, the company aims to reduce risks connected to trading. Through leverage, traders borrow funds to boost their position and receive income. So, for example, 100X leverage will raise a $500 BTC position to be as...

Bitcoin price gained over a 10% increase in the last 24 hours, surpassing $39.280. This is the first time since June 16 that the coin went above $39.000. In general, most cryptocurrencies are in green. The biggest altcoin, Ethereum, gained around 7% and trades at...