CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
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πŸ’  Bitcoin's market cap flipped Tencent again | Next target: Google

πŸ–‡ At approximately $1 trillion, Bitcoin's market cap has blown past Tencent, which holds a valuation of roughly $917.8 billion at time of publication according to AssetDash rankings.

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πŸ”° Bitcoin Skeptic Dalio Reduces Role at Hedge Fund Bridgewater

πŸ“ƒ Ray Dalio is founder of the world’s largest hedge fund, Bridgewater Associates. He has been skeptical of adding Bitcoin to the firm’s investments. The company is establishing an Investment Committee to extend control of investment decisions beyond Dalio and his CIOs.

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πŸ”° Canada’s First Bitcoin ETF Hits $421.8M AUM

πŸ“ƒ The first publicly traded Bitcoin exchange-traded fund (ETF) in North America has collected $421.8 million in assets under management (AUM) in two days. One analyst said the ETF could reach $1 billion in assets under management by the end of next week.

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πŸ”°Cryptopia Gets Hacked Again

πŸ“ƒ The Cryptopia exchange has reportedly been hacked again, even as it is being liquidated following a previous breach that stole $15.5 million. According to a Stuff report Thursday, about US$45,000 in the XSN cryptocurrency had been transferred out of its cold wallet on Feb. 1.

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πŸ”° Institutions are getting more and more interested in Bitcoin

πŸ“ƒ Raghu Yarlagadda cited three reasons for the recent institutional interest in crypto: inflationary hedge, geopolitical risk and a 24/7, always-on trading desk. β€œAs the world is printing more money, it is very clear that Bitcoin is emerging to be one of the inflationary hedges,” he said. He believes that Bitcoin tends to do well from a price perspective whenever American-Chinese relations appear to sour. The third reason for the institutional interest is what Yarlagadda calls β€œthe mechanics of 24/7.”

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CryptoLandβ„’ Signal | Analysis | News
πŸ”° Bitcoin Skeptic Dalio Reduces Role at Hedge Fund Bridgewater πŸ“ƒ Ray Dalio is founder of the world’s largest hedge fund, Bridgewater Associates. He has been skeptical of adding Bitcoin to the firm’s investments. The company is establishing an Investment Committee…
πŸ’  A commitee for investing in BTC at Bridgewater | Dalio’s role reduced in company’s such decisions

πŸ–‡ Bridgewater’s flagship investment fund lost 7.6% last year, while Bitcoin quadrupled in price. But founder Ray Dalio thinks Bitcoin is too volatile.

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πŸ”° SushiSwap received a new domain from crypto venture firm Future Fund

πŸ“ƒ Crypto venture firm Future Fund announced yesterday that it had bought the sushi.com domain name for decentralized finance project SushiSwap. The recent action has been made to increase internet traffic and exposure to the sushi brand for the firm's forthcoming new projects.

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πŸ’  Rules which made the path easier for BTC | Might Fed’s policies have had a hand in it?

πŸ–‡ The best reason to focus on Bitcoin’s rise is what it tells us about the risks that may be bubbling up amid the Federal Reserve’s commitment to zero interest rates according to Washington Post.

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πŸ”° Dubai’s IBC Group pledges 100K bitcoins

πŸ“ƒ Khurram Shroff, the Chairman of Dubai’s IBC Group, has pledged 100K Bitcoin to setup the Miami 2.0 Blockchain Strategy Foundation. Mr. Shroff’s backing of Miami 2.0 Blockchain Strategy could turbo-charge use of the cryptocurrency (BTC).

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πŸ”°Monster bull flag for YFI

πŸ“ƒ Cointelegraph reported: Monster bull flag for YFI, puts $200,000 YFI price in play. After weeks of aggressive selling, YFI looks primed for a move to $60,000 before Bitcoin.

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πŸ“‰ Current Cryptocurrency Market

πŸ”Ί 24-hours Average Market Changes and The Dominance of Cryptocurrencies

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πŸ’  FalconX CEO: Bitcoin is a hedge against U.S.-China trade war

πŸ–‡ Raghu Yarlagadda, CEO of cryptocurrency trading platform, FalconX, said that Bitcoin tends to do well from a price perspective whenever American-Chinese realtions appear to sour.

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πŸ”° Bitcoin's price has now caught up to the Stock-to-flow ratio again

πŸ“ƒ When comparing the first 10 months of this bull market to that of early 2017, it is clear that this current cycle is in hyperdrive.

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πŸ’  In the eye of the beholder | What gives Bitcoin its value in 2021?

πŸ–‡ Bitcoin’s value is a complex topic spanning numerous aspects; however, its value could be attributed to several factors.

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πŸ’  Signifact gains for DOT before Polkadot's parachain auctions | Polkadot's native token surged 42%

πŸ–‡ Polkadot price pushes to new highs over growing excitement for the upcoming parachain auctions and increased interoperability they will support.

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πŸ’  Voting evolved: Blockchain tech outshines paper ballots and e-voting

πŸ–‡ The right kind of synergy between blockchain and biometrics will unleash the power of decentralized voting.

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πŸ’  A billion dollars withdrawn from Coinbase | Whales seems to start holding

πŸ–‡ Was it Michael Saylor? The MicroStrategy CEO did say he planned to buy a further $1.05 billion in BTC, after all... Who knows what lies beneath crypto's waters?

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πŸ”°Bitcoin is Now More Expensive Than a Kilogram of Gold

πŸ“ƒ At its high of $57,705 on Feb 21, a single Bitcoin smashed past the price of a kilo bar of gold.

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πŸ”°20% tax on Bitcoin (BTC) and cryptocurrency profits

πŸ“ƒ The South Korea's Ministry of Economy and Finance announced that profits made from both trading and holding cryptocurrencies will be subject to 20% tax from Jan. 1, 2022.

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