ETF with mining stocks to appear on NASDAQ
An exchange-traded fund (ETF) from Valkyrie Investments with a basket of mining stocks is set to begin trading on NASDAQ under the ticker WGMI, Cointelegraph reports.
80% of the fund's assets come from securities of companies with at least 50% of their profits from mining bitcoin.
Valkyrie invests the remaining 20% of the fund's assets in companies that hold a significant portion of their net worth in bitcoin.
💎 @TgBitcoin
An exchange-traded fund (ETF) from Valkyrie Investments with a basket of mining stocks is set to begin trading on NASDAQ under the ticker WGMI, Cointelegraph reports.
80% of the fund's assets come from securities of companies with at least 50% of their profits from mining bitcoin.
Valkyrie invests the remaining 20% of the fund's assets in companies that hold a significant portion of their net worth in bitcoin.
💎 @TgBitcoin
Wells Fargo's latest report on bitcoin and crypto:
"We understand the 'too late to invest' argument but do not subscribe to it."
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👉🏼 @TgBitcoin
"We understand the 'too late to invest' argument but do not subscribe to it."
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👉🏼 @TgBitcoin
U.S. prosecutors seized a record $5 billion worth of bitcoins
The cryptocurrency was stolen in 2016.
Back then, hackers embezzled 120,000 bitcoins as a result of a hack of the Bitfinex cryptocurrency exchange.
The previous record seizure, $2.3 million in cryptocurrency, was made by prosecutors with the FBI last year when they recovered ransom money paid to hackers by pipeline company Colonial Pipeline.
Assistant Attorney General Kenneth Polite stated the cryptocurrency seizure was strong evidence that U.S. authorities "will not allow cryptocurrency to be a safe haven for money laundering or an area of lawlessness in the financial system."
💎 @TgBitcoin
The cryptocurrency was stolen in 2016.
Back then, hackers embezzled 120,000 bitcoins as a result of a hack of the Bitfinex cryptocurrency exchange.
The previous record seizure, $2.3 million in cryptocurrency, was made by prosecutors with the FBI last year when they recovered ransom money paid to hackers by pipeline company Colonial Pipeline.
Assistant Attorney General Kenneth Polite stated the cryptocurrency seizure was strong evidence that U.S. authorities "will not allow cryptocurrency to be a safe haven for money laundering or an area of lawlessness in the financial system."
💎 @TgBitcoin
El Salvador to issue bitcoin bonds as early as March
El Salvador plans to release its first "bitcoin bond" next month. This was announced by Finance Minister Alejandro Zelaya.
Zelaya added that the government plans to "fully prepare" the bonds for issuance between March 15 and 20.
The minister confirmed the government still expects to issue $1 billion worth of bonds.
However, now, Zelaya anticipates to see an increased demand for the new type of investment instrument, due to which he believes the authorities would initiate an additional issuance of another $500 million worth of securities.
According to the official, more people can access the new type of bonds than the traditional one, as the minimum purchase amount is $100 and does not require the help of a broker.
💎 @TgBitcoin
El Salvador plans to release its first "bitcoin bond" next month. This was announced by Finance Minister Alejandro Zelaya.
Zelaya added that the government plans to "fully prepare" the bonds for issuance between March 15 and 20.
The minister confirmed the government still expects to issue $1 billion worth of bonds.
However, now, Zelaya anticipates to see an increased demand for the new type of investment instrument, due to which he believes the authorities would initiate an additional issuance of another $500 million worth of securities.
According to the official, more people can access the new type of bonds than the traditional one, as the minimum purchase amount is $100 and does not require the help of a broker.
💎 @TgBitcoin
The market is more hedged in stable coins (inflating at 7.5% a year) than during the May/June crash of 2021.
This metric shows the ratio of crypto : stables.
A low ratio suggests a lot of people are sidelined if crypto rallies.
A high ratio suggests demand saturation.
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👉🏼 @TgBitcoin
This metric shows the ratio of crypto : stables.
A low ratio suggests a lot of people are sidelined if crypto rallies.
A high ratio suggests demand saturation.
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👉🏼 @TgBitcoin
Digital euro bill set to come in early 2023
While the Chinese digital yuan is being rolled out during the Beijing Winter Olympics, the European Union is now planning to propose a bill for a digital euro early next year.
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👉🏼 @TgBitcoin
While the Chinese digital yuan is being rolled out during the Beijing Winter Olympics, the European Union is now planning to propose a bill for a digital euro early next year.
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👉🏼 @TgBitcoin
How on earth can anyone be bearish on Bitcoin when demand is growing and supply is shrinking?
When these two forces reconcile price action will be explosive.
Sit back, stacksats and wait for the fireworks 💥
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👉🏼 @TgBitcoin
When these two forces reconcile price action will be explosive.
Sit back, stacksats and wait for the fireworks 💥
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➡️
👉🏼 @TgBitcoin
Payment giant PayPal announced the creation of a cryptocurrency and blockchain advisory council — the new department aims to handle the company's current and future crypto products.
The board includes professors from leading universities, as well as the former chairman of the U.S. Futures Trading Commission.
💎 @TgBitcoin
The board includes professors from leading universities, as well as the former chairman of the U.S. Futures Trading Commission.
💎 @TgBitcoin
PayPal Newsroom
PayPal Welcomes Leading Experts in Distributed Technology, Economics and Regulation to Blockchain, Crypto and Digital Currencies…
By Jose Fernandez da Ponte, SVP & GM, BCDC
Bitcoin will be adopted by institutions this year
- Billionaire investor, Bill Miller
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👉🏼 @TgBitcoin
- Billionaire investor, Bill Miller
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👉🏼 @TgBitcoin
Everyone has forgotten about Chia.
What is going on with the coin generated millions
Chia is the blockchain token Chia Network, originated by BitTorrent founder Bram Cohen.
He believes that bitcoin and other cryptocurrencies running on the Proof-of-Work (PoW) algorithm consume too much power.
That's why Chia runs on the Proof-of-Space-and-Time algorithm and utilizes disk space as a transaction validator. Users providing their own disk space to support the network are rewarded for doing so.
The project's collapse was due to the fact that not only was the Chia token of no benefit to the industry, but nothing fundamental from the developers' high-profile claims was realized.
The developers originally announced the creation of their own decentralized exchange and many other DeFi projects within the Chia ecosystem, but these promises were never realized.
💎 @TgBitcoin
What is going on with the coin generated millions
Chia is the blockchain token Chia Network, originated by BitTorrent founder Bram Cohen.
He believes that bitcoin and other cryptocurrencies running on the Proof-of-Work (PoW) algorithm consume too much power.
That's why Chia runs on the Proof-of-Space-and-Time algorithm and utilizes disk space as a transaction validator. Users providing their own disk space to support the network are rewarded for doing so.
The project's collapse was due to the fact that not only was the Chia token of no benefit to the industry, but nothing fundamental from the developers' high-profile claims was realized.
The developers originally announced the creation of their own decentralized exchange and many other DeFi projects within the Chia ecosystem, but these promises were never realized.
💎 @TgBitcoin
Crypto Lender BlockFi to Pay $100 Million In Settlement with SEC, States
BlockFi Inc. is poised to pay $100 million to settle allegations from the Securities and Exchange Commission and state regulators that it illegally offered a product that pays customers high interest rates to lend out their digital tokens, according to people familiar with the matter.
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👉🏼 @TgBitcoin
BlockFi Inc. is poised to pay $100 million to settle allegations from the Securities and Exchange Commission and state regulators that it illegally offered a product that pays customers high interest rates to lend out their digital tokens, according to people familiar with the matter.
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👉🏼 @TgBitcoin
The developers of the blockchain game Axie Infinity reported changes aimed at improving the project's economy
Over the past seven days, the price of the Smoth Love Potion (SLP) token has risen 224%.
The altcoin's worth began to rise sharply after the developers of the blockchain game Axie Infinity reported that they had changed the game's rules.
Players will no longer receive SLP tokens for completing daily quests and adventure modes.
The developers estimate the measure would reduce the issuance of new SLPs by about 45 million tokens each day.
💎 @TgBitcoin
Over the past seven days, the price of the Smoth Love Potion (SLP) token has risen 224%.
The altcoin's worth began to rise sharply after the developers of the blockchain game Axie Infinity reported that they had changed the game's rules.
Players will no longer receive SLP tokens for completing daily quests and adventure modes.
The developers estimate the measure would reduce the issuance of new SLPs by about 45 million tokens each day.
💎 @TgBitcoin
Hello crypto millionaires!
In a hurry to share with you a super cool news — I got NFT worth $3.000 for our channel!
No secret that NFT is extremely trendy nowadays and lots of scams exist.
But trust me, before recommending this project to you, I researched it for over 2 weeks.
is a project where NFTs portray 13,333 species of endangered animals.
And part of the money from sales will benefit international foundations to support them.
Just now, they are GIVING away part of the collection, worth $40,000 to the first subscribers.
Yeah, it's not BAYC, but it sounds a lot tougher to me.
Feel free to take part in this giveaway, cause you know the NFT is the future -
💎 @TgBitcoin
In a hurry to share with you a super cool news — I got NFT worth $3.000 for our channel!
No secret that NFT is extremely trendy nowadays and lots of scams exist.
But trust me, before recommending this project to you, I researched it for over 2 weeks.
is a project where NFTs portray 13,333 species of endangered animals.
And part of the money from sales will benefit international foundations to support them.
Just now, they are GIVING away part of the collection, worth $40,000 to the first subscribers.
Yeah, it's not BAYC, but it sounds a lot tougher to me.
Feel free to take part in this giveaway, cause you know the NFT is the future -
💎 @TgBitcoin
Netflix is making a documentary on Bitfinex hack involving 120,000 bitcoin
In the most significant criminal crypto crime case in history, Netflix plans to release a documentary series about a married couple’s alleged attempt to launder billions of dollars in stolen bitcoin.
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👉🏼 @TgBitcoin
In the most significant criminal crypto crime case in history, Netflix plans to release a documentary series about a married couple’s alleged attempt to launder billions of dollars in stolen bitcoin.
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👉🏼 @TgBitcoin
Why Bitcoin has not impulsed since early 2021:
+ Wave symmetry
+ Declining volume
+ Tops at blue with price below since
+ Corrective RSI
+ Dormancy Flow down + near bottom
+ SSR Oscillator down + near bottom
We're ending a year+ correction.
Not starting one.
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👉🏼 @TgBitcoin
+ Wave symmetry
+ Declining volume
+ Tops at blue with price below since
+ Corrective RSI
+ Dormancy Flow down + near bottom
+ SSR Oscillator down + near bottom
We're ending a year+ correction.
Not starting one.
🔗
➡️
👉🏼 @TgBitcoin
India considers cryptocurrency a threat
Reserve Bank of India (RBI) Governor Shaktikanta Das launched another attack against digital tokens, claiming they have no underlying value and pose a threat to financial stability.
"Cryptocurrency investors should keep in mind that the cryptocurrency has no underlying, not even a tulip," the Reserve Bank of India governor said Thursday, referring to the market bubble popped in 17th-century Holland over tulip bulbs.
Proponents of cryptocurrencies, who feared New Delhi might even ban digital currencies, took the introduction of a tax on them as a sign of their official acceptance, despite strong reservations from the country's central bank.
There are between 15 and 20 million cryptocurrency investors in India, and cryptocurrencies total about 400 billion Indian rupees ($5.34 billion).
💎 @TgBitcoin
Reserve Bank of India (RBI) Governor Shaktikanta Das launched another attack against digital tokens, claiming they have no underlying value and pose a threat to financial stability.
"Cryptocurrency investors should keep in mind that the cryptocurrency has no underlying, not even a tulip," the Reserve Bank of India governor said Thursday, referring to the market bubble popped in 17th-century Holland over tulip bulbs.
Proponents of cryptocurrencies, who feared New Delhi might even ban digital currencies, took the introduction of a tax on them as a sign of their official acceptance, despite strong reservations from the country's central bank.
There are between 15 and 20 million cryptocurrency investors in India, and cryptocurrencies total about 400 billion Indian rupees ($5.34 billion).
💎 @TgBitcoin
Binance invests $200 million in Forbes just two years after suing it for defamation
Forbes has announced that Binance, “one of the world’s largest cryptocurrency and blockchain infrastructure providers,” is making a $200 million investment to own a part of an “iconic business information brand.” That money is part of a $400 million private investment in public equity (PIPE) arrangement set up for Forbes to go public.
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👉🏼 @TgBitcoin
Forbes has announced that Binance, “one of the world’s largest cryptocurrency and blockchain infrastructure providers,” is making a $200 million investment to own a part of an “iconic business information brand.” That money is part of a $400 million private investment in public equity (PIPE) arrangement set up for Forbes to go public.
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👉🏼 @TgBitcoin
Bitcoin has surpassed video card maker NVIDIA and Meta in terms of capitalization due to its recent growth.
Bitcoin ranks ninth in the list of assets and publicly traded firms compiled by Companies Marketcap.
The value of issued coins is estimated at $833.7 billion. NVIDIA and Meta share a market capitalization of $665.5 billion and $663.3 billion, respectively.
💎 @TgBitcoin
Bitcoin ranks ninth in the list of assets and publicly traded firms compiled by Companies Marketcap.
The value of issued coins is estimated at $833.7 billion. NVIDIA and Meta share a market capitalization of $665.5 billion and $663.3 billion, respectively.
💎 @TgBitcoin