According to many news reports, Bitcoin is the best-performing asset class over the past decade.We’ve all heard of Bitcoin, but you might not realize how lucrative it can be. So let’s take a closer look.Is Bitcoin the best-performing asset class of the past decade?Edited by CEO complex capital advisor, Charlie Bilello examined the proceeds. 17 best-performing asset classes since 2011 And I made an amazing discovery.Asset class returns over the past 10 years…given away @ycharts pic.twitter.com/yRvdkIX1BV— Charlie Bilello (@charliebilello) March 13, 2021 Bitcoin is the best performing asset class of the last decade!Profits since 2011: +20,000,000%Bitcoin’s cumulative returns since 2011…
Author: Crypto Flexs
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Somebody, somewhere, at some point decided they would destroy the competition by creating a barrier to entry. They made the barrier high so they could feel safe. It is logical to put a fence around your property, and perfectly fine to do so. The problem is when you put a regulatory fence over something that means you are not allowing anyone else to have a property like this. Just to make the distinction clearer a fence around your house is creating a cost for other people to get in the yard. A license to be able to have a fence…
Jupiter Asset Management was forced to sell $2.5 million of its XRP Exchange Traded Product (ETP) investment due to regulatory inconsistencies in the European Union regarding cryptocurrency investments. This investment had to be canceled due to Ireland’s firm stance against incorporating cryptocurrency assets into funds. This case highlights the need for a harmonized regulatory approach within the EU. This is because member states vary in their interpretation and application of the UCITS Directive, resulting in a lack of clarity and uncertainty for fund managers. Regulators in Ireland and France confirmed their opposition to the inclusion of cryptocurrency assets in funds,…
Siacoin (SC) surged by 20% in 24 hours as liquidity circulated around the $2 trillion cryptocurrency market. Siacoin is a native token decentralized cloud storage blockchain Sia launched in 2015 to allow users to rent unused storage. SC’s market capitalization rose to $733 million as the price rose, with daily trading volume surging 38% to nearly $200 million per CoinMarketCap. Siacoin price | Source: CoinMarketCap One of the fundamental missions of cryptocurrency is to solve the problems of traditional and centralized services. In keeping with this ethos, Sia plans to provide trustless access to secure cloud storage at competitive prices…
Friends, Since the last EF-Supported Teams report, progress has been made across the board. From improved network conditions, to the coming Istanbul release and Eth1.x and Eth2 development, all areas core to the functionality and sustainability of Ethereum are advancing. This series focuses on teams and efforts from the Foundation and larger Ethereum ecosystem that are working to grow and improve Ethereum as a whole. In this edition, we’re covering updates from many teams highlighted in the previous report, fully supported projects that are core elements of the Ethereum ecosystem like Eth2.0 Research, Geth and Solidity, and other ecosystem efforts.…
Injective announced that it has achieved cross-chain name service with Solana. This promotes interoperability with the first OmniChain domain release for both parties. This eliminates the need for domain changes while interacting with other ecosystems. This provides users with an improved experience. Simply put, users now only need to use a single domain name to transact across the Solana and Injective ecosystems. This can be better explained by mentioning that users will have the ability to have .sol domains by leveraging INJ. This further paves the way for the integration of Phantom. This will bring Solana and Injective closer together,…
Yuga Labs, the industry’s largest NFT studio, is getting bigger. The company announced that it has acquired competing non-fungible token creator Proof, best known for its Moonbirds collection.“As a company dedicated to championing art, culture and community on blockchain, we are excited to have PROOF join the Yuga ecosystem,” Yuga Labs CEO Daniel Alegre said in a statement.Yuga Labs declined to disclose details about the acquisition when asked how much the company might have paid to acquire Proof, founded by entrepreneur Kevin Rose. Proof’s Moonbirds collection was once one of the most popular NFT brands on the market, but it…
As institutional interest in the cryptocurrency sector grows, the prices of some large altcoins, including Optimism (OP) and Kaspa (KAS), are on the verge of hitting record highs. With billions of dollars flowing into Bitcoin ETFs, native cryptocurrency investors appear to be reinvesting their profits into altcoins. After weeks of uninterrupted gains between January 23 and February 16, the global altcoin sector grew by $108 billion as several large altcoins hit new all-time highs this month. Caspar (KAS) Price: 7% Down from All-Time High Kaspa (KAS) is a layer 1 proof-of-work (PoW) cryptocurrency that currently ranks 31st on the global…
Ethereum (ETH) competitor Cardano (ADA) saw its total value locked (TVL) explode in the fourth quarter of 2023, according to cryptocurrency analytics firm Messari. In the new quarterly report, Messari pointed out that Cardano’s TVL hit an all-time high of $449 million on December 14 and increased 166% in the fourth quarter compared to the previous quarter. The project’s rapid growth in the fourth quarter also contributed to an increase of 693.4% compared to 2022. TVL represents the amount of capital deposited within a protocol’s smart contracts and is often used to measure the health of the cryptocurrency ecosystem. Source:…
As of Friday, February 16, 2024, the value of Bitcoin has hovered between $51,850 and $52,350, and on-chain insights from Arkham Intelligence show that Nasdaq-listed cryptocurrency exchange giant Coinbase is currently holding over 1 million Bitcoins. It appears that they have it. Based on current market prices, the San Francisco-based company’s assets are worth just over $52 billion. Coinbase shines (…)