Smart Bitcoin

2021-01-31 11:29:50 Dogecoin (DOGE), which burst into the top 10 of the cryptocurrency rating by capitalization, was not the most profitable for the week. The largest growth in seven days was demonstrated by the Tokenlon (LON) token from the second hundred of the list. Open / Comment

2021-01-30 22:22:51 Ethereum relaunches its rocket takeoff to $1,500

https://bit.ly/3tahtsa

For updates: https://twitter.com/CoinGapeMedia Open / Comment

2021-01-30 14:29:18 As a result of yesterday's events, the redditors from r / wallstreetbets were blocked in Discord (another adherents of free speech), after which they successfully moved to Telegram, their channel already has more than 80,000 members.

Today they announced that they will pump the price of stock exchange shares during the day and switch to crypto at night.

Robinhood has already reacted by limiting cryptocurrency trading due to "unusual market conditions" and has asked banks for a $ 1 billion loan to weather the market surge in volatility.

One of the developers of the Robinhood application, which is now the most popular for investment among ordinary users, shared an insider that the management introduced the restriction on the purchase of shares and cryptocurrencies after a number of calls from a number of large hedge funds affected by user actions, as well as from the White House.

UPD. A short extract from the dialogues in the WSB redditors chat:
• We continue to hold GameStop this week.
• On the next one we will choose something else from the stock market.
• If you can't buy GME, buy and hold BTC.
• Crypt is good, but we'll come back to it later.
• We are not a pump group, and this is not about making money, we just want to bend funds, as they were bending us for a long time. Open / Comment

2021-01-30 09:18:10 SEC Releases Official Statement on Recent Market Volatility Owing to GME and AMC Price Pump
https://bit.ly/2NQDPiB

For more updates https://twitter.com/CoinGapeMedia Open / Comment

2021-01-29 12:47:16 Investors invested $ 180 million in bitcoin fund through IPO on the Toronto Stock Exchange

Ninepoint Partners LP today reported on the successful completion of an initial public offering (IPO), which it organized for its bitcoin fund, raising $ 180 million.

“This is the largest initial public offering of a bitcoin investment fund in Canada to date,” said Ninepoint Managing Partner Josh Wilson.

According to the press release, trading in the shares of the trust will also start on the Toronto Stock Exchange, where they will be presented under the tickers “BITC.U” and “BITC.UN” depending on the currency of the quote - the US dollar and the Canadian dollar, respectively. Prior to this, Ninepoint secured the approval of the Canadian regulator to list its securities.

Thus, Ninepoint is competing with Grayscale, which is many times larger than it in terms of assets and has over $ 20 billion in Bitcoin alone. Ninepoint, however, expects to take advantage of the 0.7% lower managerial rate and no requirement to hold shares before the sale. In comparison, Grayscale charges its customers 2% per year. Like the Grayscale bitcoin trust, Ninepoint "intends to achieve its investment objectives by investing directly in bitcoin using high quality services." The custody division of the American cryptocurrency exchange Gemini will be responsible for storing Ninepoint bitcoins.

This is not the first foundation for Ninepoint. The company specializes in alternative investments, including funds related to precious metals and real estate. Open / Comment

2021-01-28 16:24:58 Guggenheim CIO Says “Institutional Demand Not Strong Enough to Keep Bitcoin Price Above $30,000”

https://bit.ly/3omzsYR

For more updates : https://twitter.com/CoinGapeMedia Open / Comment

2021-01-28 11:18:17 Reddit and Ethereum Foundation to Build Blockchain Scaling Solution Together

The Reddit platform, which calls itself the "home page of the Internet," today announced a partnership with the Ethereum Foundation to develop solutions for blockchain scaling.

“We are committed to accelerating progress in scaling and developing the technology required to run large-scale applications such as Ethereum-powered Community Points. The scaling technology developed within the framework of this cooperation will be based on the principles of open source, and anyone can use it, ”writes the administrator of the portal jarins.

Together, Reddit and the Ethereum Foundation can work on both the creation of new solutions for scaling the second level, and the withdrawal of already proposed technologies from the design stage to the operational one.

Last year, Reddit, as part of the Community Points program, launched its own tokens for users of the r / Cryptocurrency and r / FortNiteBR subreddits. Its idea is to reward users for quality content with the ability to exchange tokens for insignia and other privileges. ERC20-tokens MOONS and BRICKS are presented on the Rinkeby testnet, but users have found a way to exchange them for real cryptocurrency.

In the summer, the portal encouraged developers to come up with solutions to scale their cryptocurrency initiative with a view to potentially expanding it to its multi-million dollar user base. Currently, the site is visited daily by over 50 million users.

“At this stage of cooperation, our efforts will be focused on bringing Ethereum to the scale of Reddit. Our blockchain activity will be spearheaded by the crypto team Reddit. We are currently hiring backend developers looking to build a decentralized internet, added jarins. "If you are interested in solving complex problems, including scaling and bringing the blockchain to millions of users, contact us." Open / Comment

2021-01-27 16:09:54 More than 120,000 bitcoin options contracts expire on Friday with a total value of $ 4 billion

Most of them have $ 20,000 and $ 52,000 strike prices. If I understand correctly, then on Friday we need to stay between these prices, and the maximum loss of traders will be at the close at the price of $ 28,000, Open / Comment

2021-01-27 12:23:21 TWT is up 65% following the news of a listing in the Binance innovation zone. Open / Comment

2021-01-27 11:40:15 Annual Report 2020: Rise Cryptocurrency Derivatives + Huobi Case Study
http://bit.ly/26cdedfe

For more updates: https://twitter.com/CoinGapeMedia Open / Comment