Costo’s recent sellout of gold bars has triggered an increased interest in the precious metal as an investment. But is gold a better bet than Bitcoin? Experts weigh in on whether one is truly a better investment.
In this first installment of a series on 12 projects to watch, the Binance Labs team shares their thoughts on the most promising and innovative projects they’ve backed. Get the inside scoop on the projects that hold the potential to shape the future of the blockchain industry.
A new trustless system has been created to accurately calculate the price of Bitcoin. It bypasses the need for exchanges or third-party data to accurately and quickly compute the market value of the asset.
Internet users are embracing a novel way to make money with memes – the Memeinator ICO. Promising to provide safe, secure, and accessible methods of monetizing content across the web, the platform is quickly becoming a go-to for meme creators.
VanEck, one of the world’s leading providers of financial services, has announced plans to launch a Ethereum Futures ETF (EFUT). The ETF will give retail investors access to the Ethereum derivatives markets.
IYK, a blockchain-based fashion platform, is celebrating a major achievement – the successful completion of its $16.8M Series A funding round. The investment aims to power token-enabled fashion with NFTs and will be used to improve key areas of the fashion industry.
Asset management giant Alliance Bernstein predicts that the nascent Bitcoin asset management industry will grow to a $650 billion market by 2030.
As the world of finance continues to evolve, increasing attention is being paid to the innovative and enticing world of cryptocurrency. Bitcoin in particular has seen a meteoric rise in value, making it a promising investment opportunity for the savvy investor.
As tensions rise in the Bitcoin community over the “Dollar Wrecking Ball” -Binance’s very own USD-backed Bitcoin – speculation continues to mount as to whether it’s good or bad for the currency. Supporters argue it will increase investor confidence, while critics say it could hurt the decentralization of the currency. It remains to be seen.
In an unprecedented move, business intelligence company Microstrategy has revealed it has purchased 5,445 Bitcoin worth $150 million since August 2020. It is believed to be the largest single purchase of Bitcoin by a publicly traded company.