Digital NFT artwork sold for $69 million
For the first time, a digital artwork in the form of a non-fungible token (NFT) was sold at a major auction house. The price of the painting by Mike Winkelmann…
Non-Fungible Tokens (NFTs)
Since 2019, the ability to create unique non-fungible tokens (NFTs) on Ethereum has existed. Creating unique tokens and limited series has become much easier over time. This has led to…
Over 4 Million Bitcoin Lost Forever
Non-hackable cryptocurrency storage is only useful while you’re alive. Billions of US dollars in Bitcoin (BTC) are lost forever, in part, because heirs can’t get their hands on the inheritance.…
Portfolio Diversification: The Contribution of Digital Assets
Many look at Bitcoin (BTC) as a very volatile asset, unattractive for traditional investors looking to diversify their portfolio. Yet digital assets seem to drastically improve the Sharpe ratio, a…
Another Swiss Private Bank Implements Digital Assets Services
Neue Privat Bank and InCore today announced that NPB is introducing InCore’s comprehensive Digital Asset Banking Services to its clients. As a result, clients are now able to trade in…
Weekly Bitcoin USD Chart Analysis Calendar Week 9 – 2021
Bitcoin USD daily basis Chart: Tradingview.com Bitcoin USD Chart Analysis – Incipient Correction After New High On Sunday, Bitcoin was able to break the one-week trend towards lower prices for the first time.…
First Chinese company invests in Bitcoin and Ethereum
The Chinese technology company Meitu purchased millions of dollars of Bitcoin (BTC) and Ether (ETH) from its corporate reserves. Interestingly they allocated more money towards Ether ($25.75M) than Bitcoin ($19M).…
Crypto Highlights February
A monthly review of what’s happening in the crypto markets enriched with institutional research on key industry topics in collaboration with Swiss digital asset specialist, 21Shares AG. Tesla Added $1.5…
Market commentary, 05.03.2021
Recurring market commentary on what’s happening in the crypto markets, summarized by Crypto Finance AG Senior Trader Patrick Heusser. Market commentary Good Morning, folks! We started the week with the…
Citibank sees Bitcoin at a “Tipping Point”
Citibank, one of the world’s largest financial services providers, recently published a detailed report on Bitcoin. They see great potential in the cryptocurrency and speak of a “tipping point” for…