3IQ Corp, the company behind the $1.45 billion bitcoin fund listed on the Toronto Stock Exchange (TSX), is preparing to list on the Nasdaq in Dubai, local affiliate The National reported today. We expect a listing in the second or third week of May and a transaction by the end of the month. The listing of the fund on the Middle East exchange will also help in terms of trading hours, as bitcoin is traded 24/7, said Frederick Pye, president and CEO of 3IQ. According to the report, the fund is expected to be listed in Dubai by the end…
Author: Gordon James
Financial service firm SBI Holdings has reported that its cryptocurrency and blockchain businesses saw an increased in profits in the past fiscal year. The company, in a statement today, January 15, revealed that it generated an operating income of US$56 million in the year ended March 31, 2018. This is double the US$29 million profit it recorded in the previous year. In a March report, the Japanese financial giant SBI Holdings revealed that its crypto business, SBI Virtual Currencies, had exceeded its income from the previous year. According to the report, the company’s operating profit in FY2018 climbed to ¥5.5…
On the 14 th of May 2019 it was reported by a news website called “The Times”, that the Stanford University, a private research university based in Stanford, California, had allocated a massive $4 million in funding for three new blockchain related projects that were being implemented within the university. This is on top of the $3 million that had already been allocated to blockchain research by Stanford University in the previous year, 2017. One of the new projects involves a $1 million grant that is going towards a six-month long project being undertaken by a team from the Stanford…
In 2019, digital asset markets have seen a boom in cryptocurrency storage offerings. As a result, investors can now securely store their cryptocurrencies with regulated third parties for a small fee. In this guide, you will learn what cryptocurrencies are, how they work, and why they are so important to the digital asset markets. What is a cryptographic guardian? In traditional finance, a custodian is a financial institution that holds securities and other assets on behalf of institutional investors to minimize the potential risk of loss or theft. Before the digitalisation of the financial markets, depositaries kept stacks of physical…
Kenyan athlete and world record holder Eliud Kipchoge recently auctioned his first set of NFTs for 17.9837 Ethereum tokens. The auction, held at the NFT Market in Opensea, includes some of the highlights of Kipchoge’s career. According to the report, Kipchoge’s record-breaking run in Vienna in 2019 earned him ETH 14.8837, while the Berlin marathon earned him ETH 3.1, or more than $6,500 at today’s prices. Meanwhile, Kipchoge, who is also an Olympic champion, said in a tweet that he is grateful that some key moments from his career are now available as NFT. He wrote: I can say that…
California-based startup Hitch is partnering with South African artist Danielle Attfield to create a unique piece of art using an undecipherable token (NFT) that will benefit the climate, according to a statement released with . Mining cryptocurrencies generates a huge amount of energy and NFT uses far less, so using carbon credits for any artwork should be a requirement, not an exception, Hitch founder Skye Gilbar said in a statement. This has been undertaken by several sustainable brands that have partnered with crypto artists to fund large investments in climate projects that offset thousands of times the carbon that NFTs…
Hong Kong-based technology company Meitu has increased the total value of its cryptocurrency assets to around $100 million, after the company announced on 8. April announced the purchase of another $10 million in bitcoins (BTC). Meitu HK, a wholly owned subsidiary of Hong Kong-based Meitu Inc (in the Cayman Islands), purchased 175.67798279 units of bitcoins for a total price of $10 million, which equates to a purchase price of about $57,000 per coin. The purchase was allegedly made using available cash reserves calculated on the basis of spot prices in the open market. Meitu acquired $90 million worth of cryptocurrencies…
Ethereum is up more than 11% in the past 24 hours, erasing its recent losses, and may now be approaching its all-time high above $2,600. Ether is showing impressive growth and is up 11% in the past 24 hours to erase its recent losses. Yesterday, Ethereum broke through the first major resistance level at $2,339 before falling below $2,200. However, it has since resumed its uptrend and broken through the $2,349 level and the $2,400 level. At the time of writing, ETH is trading at $2,485 after breaking through a key resistance level at $2,474. Analyst The Crypto Dog believes…
Our whole life is shaped by money….. There’s not enough money, we have to work hard for it, or we get cheated. This extremely valuable and deadly means of manipulation has been under the control of the big banks for centuries. But while we dream of a time when money truly serves humanity and not the other way around, let’s take a look at the present, or the Celsius network, to see why our hopes for such a future are getting higher and higher. The slogan of Celsius is very simple: Get off the couch. Despite its simplicity, it sends…
Hey there! Before reading the article which is about Dogecoin price prediction: DOGE to climb to $0.400 resistance, you should read about dogecoin price prediction today. It shares basic information about this article and also adds more value to it. Do let us know how you feel about it in the comment section below. Happy Reading! Really glad that you are here. Since we’re talking about Dogecoin price prediction, we can start by looking at how the currency has performed this year. After a steep decline in January, the price started to climb again and was up by almost 25%…