Wyoming is once again displaying its commitment towards integrating all things blockchain technology and cryptocurrency into society at large. The state is offering yet another financial institution a banking charter. Avanti (the digital asset bank) now offers crypto-related services alongside traditional financial services.
Bitcoin is gaining ground on the most traditional and stable investing markets the world has ever created. It’s clear that 2020 is becoming a milestone year in the history of Bitcoin and now the world’s leading cryptocurrency is officially proving that investors have faith in it as a store of value.
In a fast-moving market like cryptocurrency is, you might expect Compound to be the most valuable DeFi project by market cap, but at the moment, it isn’t. That honour goes to Yearn.Finance (YFI) – accompanied by two other notable projects making waves. Learn how the other three learned from its predecessor to collectively take over the DeFi world.
Taking on greater risk for the potential of earning a greater reward is what margin trading is all about. In order to understand how trading on margin can amplify both your gains or losses, it’s important to define exactly what margin trading is. In this post, you’ll learn the advantages and disadvantages of margin trading, and how to use it to your advantage in the crypto world.
Prominent Asset Manager Says MicroStrategy’s $425 Million Bitcoin Investment Might Be 23 Times More by 2030
Asset manager and Co-Founder of investing firm 10T Holdings Dan Tepiero believes that MicroStrategy Inc.’s $425 million USD investment in Bitcoin (which amounts to 38,250 bitcoins) could be worth as much as $10 billion USD by 2030. A price appreciation of that magnitude would represent a whopping 23.5x return on investment.
Who would’ve thought just a few years ago that the following statement would be true? Publicly traded companies investing in Bitcoin are increasing their holdings rapidly and they are profiting from it handsomely. Just in the last two weeks, the value of Bitcoin investments by publicly traded companies have gone up 25%.