Grayscale Investments, a New York-based digital currency asset management firm, released its investment report for Q2 2019. The company’s assets under management (AUM), primarily held in its Bitcoin and Ethereum trusts, have almost tripled in the past few months. The growth was largely fueled by institutional demand.
A major development work that has taken nearly half a year has been released in the form of an open-source Pull Request (PR#954) on PIVX GitHub today.
Zimbabwe’s worsening economic conditions have seen the citizens of the Southern Africa republic turn to Bitcoin leading to them paying a premium price on over-the-country crypto trading platform LocalBitcoins.
What does Bitcoin, China, Russia, Iran & Venezuela all have in common? They are US enemies of the state & using blockchain technology to circumvent the power of the US dollar and global financial system. Iran just announced their gold backed national currency, Russia is investing heavily into blockchain infrastructure, China plans to launch a national bank crypto, and Venezuela has the Petro. The US dollar’s supremacy is being challenged from all sides, but Bitcoin is the only one designed to actually beat it.
Realizing the potential of smart contracts and tokenization, competitors are flocking, congesting the space.
The United States President finally commented about the cryptocurrency industry last week on July 12 since taking office in 2016. In a Twitter tirade, he expressed his opposition about cryptos, especially Bitcoin.
Said it once and will say it again: a 4 digit Bitcoin is a gift Whether it hits 9k or even 8k.
Already billed as the second most successful I.C.O. of all time behind E.O.S., the Telegram Open Network (T.O.N.) already raised almost $1.7 billion in two private sale rounds in 2018.
On Aug. 31, 2013 Reddit user Luka Magnotta posted the thread “I am a time-traveler from the future, here to beg you to stop what you are doing.” This was the first and only post from this Reddit user.
Is this bullish or bearish for bitcoin?