High inflation may well have been transitory afterall with it down now for the past six months to hit its lowest level in more than a year. The Bureau for Labor Statistics said the Consumer Price Inde...
Tag: Trustnodes
China Resets, with Crypto? – Trustnodes
“The motivation behind the intended resets derives from a confluence of different economic, social and foreign policy stresses that have reached critical levels.” So reports the Financial Times with c...
Silvergate the Bank in the Middle of the Web – Trustnodes
Coinbase has seen a most wonderful week in its stock price with Coin rising 20%, though still down some 80% since its all time high. Microstrategy (MSTR) is up 30%. Riot has gone nuts with the bitcoin...
The Ethereum Ratio Crosses 77 – Trustnodes
Ethereum is back to pre-FTX levels in its value against bitcoin, with the ratio rising for much of this month from 0.072 BTC at the beginning of the year to 0.077. That 0.005 bitcoin difference is wor...
Saba Capital Fund Holds Bitcoin – Trustnodes
Saba Capital, an investment advisor and hedge fund with $10 billion in assets under management, has added bitcoin to their Saba Capital Income & Opportunities Fund. The fund in question aims to pr...
Bitcoin and Ethereum Cross Resistance – Trustnodes
Bitcoin has risen above $17,000 and ethereum has taken $1,300, both significant resistance lines that have taken about a month to overcome. The ethereum ratio has also risen to 0.765 BTC for the first...
Pantera Fund Bought Nearly $50 Million Bitcoin – Trustnodes
The Pantera Bitcoin Feeder Fund, a private placement vehicle in the Cayman Islands that feeds into the bitcoin tracking Pantera Bitcoin Fund, raised $46 million according to a filing. They now have $6...
Morgan Stanley Now Holds Bitcoin – Trustnodes
Morgan Stanley, one of the world’s biggest investment bank with $6.5 trillion in assets under management, holds bitcoin on behalf of their fund customers. The Morgan Stanley Europe Opportunity Fund re...
MT Gox Pushes Back Repayment – Trustnodes
The never ending goxing continues with a deadline to enter re-payment details pushed back from January 10 to March 10. “The deadline to select a repayment method and to register payee information in a...
One Million Commerce Payments Made with Crypto Last Year – Trustnodes
Close to one million commercial payments were made with crypto last year, and that’s just through one crypto payment processor. CoinGate, which says it has been operating since 2014 and now has 430,00...
Grayscale Raises $7.5 Billion – Trustnodes
The Grayscale Bitcoin Trust (GBTC) has sold $7.46 billion worth of shares, Michael Sonnenshein, its CEO, said in a filing. The amendment points out the first sale occurred on the 25th of September 201...
Fed Allows Banks to Crypto – Trustnodes
In a joint statement that aims to highlight crypto risks, the Federal Reserve Banks nonetheless made it clear that commercial banks can provide crypto related services. “Banking organizations are neit...
NFT Platform Files For IPO to Take on Steam – Trustnodes
Steam, the near monopoly that dominates the gaming market may be up for disruption by the very new technology of NFTs. Non Fungible Tokens (NFTs), allow for proof of ownership of digital items, includ...
BlackRock Adds Bitcoin to Their Global Allocation Fund – Trustnodes
One of the world’s biggest asset manager has added bitcoin to one of the most preferred fund for ordinary and passive investors. The Blackrock Global Allocation Fund invests globally in equity, debt a...
Crypto Trading Volumes Fall to 2019 Levels – Trustnodes
Crypto spot trading volumes fell in December to their lowest level since 2019 according to data by CryptoCompare. “In December, total spot trading volumes decreased 48.4% to $544bn,” the company said ...
Love Steam’s Dominance Says NFT Hater – Trustnodes
The death of NFTs has been announced by none other than PC Gamer, a paper we thankfully never had the pleasure of coming across. Or rather by its Editor, Tyler Wilde, who states he loves the monopoly ...
Bitcoin Turns 14 – Trustnodes
Precisely 14 years ago the first bitcoin block was mined while the Chancellor of the Exchequer was preparing a second bailout for British banks. A decade of war had bankrupted the west. It took anothe...
The Crypto 2023 – Trustnodes
Bitcoin moved a tiny little bit today by $100 to $16,700 after no movement at all on Christmas day itself or since. That straight line for now nearly two months has actually been moving in a slightly ...
2023, The Year of Innovation? – Trustnodes
Inflation is out, sort of. Interest rates can kind of only go down now. Many stocks, cryptos and even bonds have fallen so much that one has to ask: can they really fall down any more? Ukraine is hold...
Merry Christmas – Trustnodes
Though much divides some continents and some people, Christmas or the New Year is the one universal celebration to prove in effect we all are one humans. For any cultural differences vanish when it co...
ConsenSys Shareholders Win Court Ruling on Asset Transfers – Trustnodes
ConsenSys will hold a resolution on the transfer of assets from a Zug based entity to a Delaware entity following a court ruling in Switzerland. Individuals holding 11% of the shares of ConsenSys AG, ...
Ethereum’s Inflation Drops to Zero For Q4 – Trustnodes
The ethereum supply has become static, with it largely unchanged in the past three months since the merge went live in September. There are now 120 million coins in circulation, which is almost precis...
BIS Greenlights Banks to Hold 1%-2% in Crypto – Trustnodes
Commercial banks across the world can now hold between 1% and 2% of their tier 1 capital in crypto following a decision by the Basel Committee’s oversight body. The Group of Central Bank Governors and...
Genesis Moves $27 Million ETH – Trustnodes
Close to 23,000 eth moved to a new address earlier today for the first time in four years with it apparently originating from Genesis. “2 Dormant addresses transferred 22,982 $ETH (~27.2M) to 2 fresh ...
Alameda Bankrupted Bitcoin Tokenizer to Print Ren For Bailout – Trustnodes
renBTC, a project that tokenized bitcoin on ethereum in a somewhat decentralized protocol manner, is suddenly in financial difficulties following the bankruptcy of Alameda. That’s because this ‘decent...
Bitcoin Payment Demoed at South Africa’s Retail Giant – Trustnodes
Pick n Pay, one of South Africa’s biggest supermarket chain, is trialling bitcoin payments with YouTuber Paco De La India giving it a go as shown above. The process is somewhat simple. Rather than a b...
Genesis Claims Are Selling for 35p to the Dollar – Trustnodes
A seemingly coordinated sell-off this Saturday in assets held by the Digital Currency Group (DCG), like Filecoin and Flow, has apparently opened a ‘dark market’ where Genesis claims are being traded. ...