Bitcoin tumbled to its lowest price in a month as minutes from the Federal Reserve’s last meeting in December showed officials discussed whether to start shrinking the U.S. central bank’s swollen $8.3 trillion balance sheet.Prices for the cryptocurrency rallied in recent years as a growing number of investors bet that more than $4 trillion of money printing by the Fed to … [Read more...] about Bitcoin Falls to 1-Month Low as Fed Minutes Reveal Talks to Shrink Balance Sheet
Balance
Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks
Balance Sheet Opportunities ETF, trading as VBB on Nasdaq, is long on MicroStrategy, Square, Tesla and other crypto industry bulls. An actively managed thematic ETF, it steers clear of bitcoin futures, sticking only to equities that invest in the coin. Source link … [Read more...] about Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks
MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187 per coin. MicroStrategy sold 571,001 shares of company stock between Oct. 1 and Nov. 29 at $732.16 apiece, raising a total of … [Read more...] about MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
Time magazine to hold Ethereum (ETH) on its balance sheet
Time Magazine will hold Ethereum on its balance sheet following a deal with crypto finance company Galaxy Digital, representatives said Thursday. The partnership has been financed exclusively through Ethereum, which is the second-largest cryptocurrency after Bitcoin. As part of the deal, Time Magazine will be holding Ethereum officially on its balance sheet, making it the first … [Read more...] about Time magazine to hold Ethereum (ETH) on its balance sheet
TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal
The list will “highlight those companies that are having the most impact within the space,” some of which may be blockchain companies, while others could be providing solutions provide solutions “to make experiences within the metaverse more accessible, impactful or successful for businesses and consumers,” Grossman told CoinDesk via email. Source link … [Read more...] about TIME Magazine to Hold ETH on Balance Sheet as Part of Galaxy Digital Metaverse Deal