Weekly Bitcoin USD Chart Analysis Calendar Week 14 – 2021

Bitcoin USD daily basis Bitcoin USD Chart Analysis – Consolidation below 60’000 USD The reporting week was quiet in terms of Bitcoin volatility ratios. Throughout the week, the main trading activity was concentrated in the 58′,000 USD – 59’000 USD range. Mid-week, the price set off for a test of the current market strength on […]

Kessel accepts Bitcoin as a payment method for their vehicles

Last Thursday, the Kessel Group presented at the digital congress “Classic Car Marketing” how modernity can be combined with tradition. Because for a good year now, the company has been accepting Bitcoin as a means of payment for the purchase of their vehicles. The demand for classic cars has been increasing, especially since the beginning […]

WEF 2021 discusses the potential of tokenization

The World Economic Forum (WEF) held its Global Technology Governance Summit this week. Tokenization was one of the central themes. Accordingly, the name of one session was “Arrival of the Token Economy: From Art to Real Estate”. The WEF panelists discussed several different ways in which tokenization is impacting society. Abdulla Bin Touq Al Marri, the Minister of Economy […]

CoinShares launches Litecoin ETP on SIX

Asset manager CoinShares is adding a Litecoin ETP to its number of investment products with the launch of a new exchange-traded product (ticker: LITE). The Swiss Stock Exchange (SIX) has already added a few crypto ETPs to its platform before. CoinShares’ investment products offer exposure to Bitcoin (BTC), Ethereum (ETH) and now Litecoin (LTC). They are available […]

Grayscale committed to converting Bitcoin Trust to ETF

In light of recent events positing the introduction of a bitcoin exchange-traded fund (ETF) in the U.S., Grayscale has reiterated that ETFs are the intended final products of its crypto trusts. Grayscale Investments has reaffirmed its commitment to converting its Grayscale Bitcoin Trust (GBTC) to an ETF. Grayscale highlighted that it pioneered providing investors with exposure to […]