Today, digital asset manager CoinShares announced the launch of CoinShares Physical Bitcoin, an exchange-traded product (ETP) with each unit backed by on-chain BTC. The product will carry the ticker symbol “BITC.” “BITC will be the […]
Throughout 2020, we saw a consistent flow of news about legacy finance, major investment companies and large corporations looking to enter the digital assets industry. The value proposition for investing in Bitcoin (BTC) and other […]
Grayscale CEO Michael Sonnenshein says institutional investors are also exhibiting a growing interest in diversifying their investments by choosing other crypto assets besides bitcoin. Sonnenshein, who was recently appointed to the CEO position, made the […]
Stephen Harper, an economist and the former prime minister of Canada, said bitcoin could potentially see use as a reserve currency, but isn’t going to supplant the U.S. dollar’s international role. In an interview with […]
Iranian authorities have confiscated 45,000 bitcoin mining rigs that used subsidized electricity to mine the cryptocurrency. This is yet another considerable seizure in the Middle East country, which has experienced frequent blackouts that the government […]
Like every other major industry, some of the largest cryptocurrency and blockchain-based companies have big plans to go public and raise additional capital from institutional and retail investors alike. Probably the most notable upcoming IPO […]
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