March 20, 2021

crypto

Crypto Mining Stocks Could Keep Beating Bitcoin in ‘Modern-Age Digital Gold Rush’

Benzinga

Largest Bitcoin Fund Manager Grayscale Launches Five More Crypto Trusts, $LPT Rallies 265% After News

Leading digital asset manager Grayscale will launch five more cryptocurrency trusts, according to reports from the company’s founder Barry Silbert. What Happened: “Digital currencies have reached an inflection point. Investor demand has never been higher, and every day we’re seeing new entrants to what has surely become a bona fide asset class,” commented Grayscale CEO Michael Sonnenshein in a press release. The new trusts will offer investors exposure to five cryptocurrencies – Basic Attention Token ($BAT), Chainlink ($LINK), Decentraland ($MANA), Filecoin ($FIL), and Livepeer

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New reports of India’s crypto ban re-emerge after finance minister said a ‘calibrated’ position will be taken

The Indian government is reportedly planning to ban cryptocurrencies after all.

New reports of the ban have re-emerged after the country’s finance minister recently said a “calibrated” position will be taken on cryptocurrencies.

On Monday, Reuters, citing a “senior government official,” who has “direct knowledge of the plan,” reported that India will propose a law banning cryptocurrencies in almost all forms, including trading, holding, and mining.

The report comes shortly after recent comments made by India’s finance minister Nirmala Sitharaman, who said: “We are not closing our minds. We are certainly looking at ways in which experimentations can happen

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Google Finance Adds Crypto Data Tab

Google Finance, a data site maintained by the tech giant, now has a dedicated “crypto” field. And it has prominent placement, too. 

Right at the top of the page, where users can “compare markets,” crypto is listed among the five default markets, which also includes U.S., Europe, Asia and “Currencies.” 

For some, like the “Documenting Bitcoin” Twitter account that surfaced the new feature, this appears to be a signal of crypto’s growing mainstream presence. 

Bitcoin has surged to ever-new heights this year, propelled primarily by institutional adoption of the asset. From MassMutual to MicroStrategy, bitcoin is increasingly a part of

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Bitcoin surpasses $50,000 for first time ever as major companies jump into crypto

Bitcoin hit a record high of more than $50,000 on Tuesday, continuing its blistering rally as major companies appear to be warming to cryptocurrencies.

The world’s largest digital currency by market valuable rose more than 3 percent to an all-time high of $50,389 just after 7:30 a.m. ET, according to data from Coin Metrics.

Bitcoin has had a boost from news of large firms like Tesla, Mastercard and BNY Mellon warming to cryptocurrencies. Tesla last revealed it had bought $1.5 billion worth of bitcoin and plans to accept the digital coin as payment for its products, while Mastercard said it

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Dogecoin? A lot of ‘retail punters are going to lose money,’ says crypto expert


‘Unfortunately a lot of retail punters are going to lose money on dogecoin in the long term because there’s really not much there in terms of interesting technology.’

That’s Nic Carter on CNBC on Wednesday explaining the potential perils of piling into dogecoin, as a number of celebrities and captains of industry have been touting the cryptocurrency that was created as a joke back in 2013.

Read: Should I buy dogecoin? Why prices of the cryptocurrency are surging—but risky

Carter underscored to CNBC’s Europe affiliate the fact that is widely understood in the crypto community that dogecoin has

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