The world’s largest sovereign hedge fund, the Norwegian Government Pension Fund, is reported to add more Bitcoin into its investment holdings. It has garnered indirect BTC exposure of 577.6 BTC via the Nasdaq-listed company MicroStrategy. Grayscale Trust has become a force that can not be ignored in the crypto asset market. On September 21, BTC fell from $10,988 to US$10,417. Two days later, Grayscale took a “sweep” and bought 17,100 BTC. This significant increase in holdings seems to have boosted market confidence. After that, BTC rose to as high as $10,956 on that day. According to statistics, in addition to $ 4.7 billion worth of BTC, Grayscale’s assets under management also includes nearly $800 million worth of ETH, accounting for 13.5% of the total investment. The remaining $300 million are BCH, ETC, LTC, XRP, Zcash, and other encrypted assets. It has been generally acknowledged that Bitcoin has become a mainstream investment asset for major institutions. It is worth noting tha

EOS started a decent recovery wave above the $2.450 and $2.500 resistance levels against the US Dollar. The price is trading nicely above $2.550 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $2.575 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if there is a clear break above the $2.650 resistance zone. EOS price is slowly moving in the positive zone above $2.550 against the US Dollar, similar to bitcoin . The price could continue to recover if it settles above $2.650. EOS Price Analysis EOS price formed a strong support base above $2.400 and started a steady recovery against the US Dollar. There was a break above the $2.500 resistance zone to start the current upward move. There was also a break above a crucial bearish trend line with resistance near $2.575 on the 4-hours chart of the EOS/USD pair. The pair is now trading nicely above $2.550 and the 5

Litecoin price is slowly recovering and trading above the $45.00 resistance zone against the US Dollar. LTC price is now trading above $46.20 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $45.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if it clears the key $47.30 resistance zone in the near term. Litecoin price is currently showing positive signs above $45.00 against the US Dollar, similar to bitcoin . LTC price could rally if it clears $47.30 and $48.00. Litecoin Price Analysis In the past few sessions, there was a steady rise in bitcoin, Ethereum , ripple , and litecoin against the US Dollar. Earlier, LTC price formed a support base above the $43.00 level and started a decent upward move. There was a break above the key $45.00 resistance level to start the current recovery wave. Moreover, there was a break above a major bearish trend line wit

If anyone is interested in starting their own major crypto company somewhere, they should probably look at how Coinbase operates. The exchange is one of the largest trading platforms in the United States, and while that’s certainly important, the company appears to have its head on straight when it comes to all the distractions of the outside world. Brian Armstrong States How Coinbase Will Move in the Future In a blog post published on Sunday by CEO Brian Armstrong, Coinbase mentioned that it would not take the route that several other large tech companies have taken and it would not become focused on outside projects. These projects included new policy discussions, bills or political causes. While Armstrong explains that these issues are certainly important, the goal of Coinbase – and any major company, for that matter – should always be about getting the firm ahead. About producing top-notch products and providing what customers and employees need most. In the blog , Armstrong

Jack Dorsey is back in the news, and once again, he’s pushing the power of both bitcoin and the blockchain technology that supports it. Jack Dorsey Is Still Pushing Bitcoin As the CEO of Square and Twitter, Dorsey has always been there to push the bitcoin agenda he holds so dear. He has stated in the past that within the next ten years, he can easily see bitcoin becoming the world’s only currency. He has also stated that it’s the best internet currency , and that he would at some point travel to and live in Africa for three to six months so that he can properly bring the benefits of bitcoin to the continent’s many peoples. In a recent interview, Dorsey went so far as to say that the future of his own company, the social media platform Twitter, relied primarily on bitcoin and blockchain. He explained: Blockchain and bitcoin point to a future, and point to a world, where content exists forever, where it’s permanent, where it doesn’t go away, where it exists forever on every sin

Forrester Consulting has completed a survey it’s entitling the “Total Economic Impact of Accepting Bitcoin Using Bit Pay .” As it turns out, it looks like businesses that accept crypto as a means of payment for goods and services are having an easier time attracting new customers. Bit Pay Is Pushing Crypto Adoption Everywhere The report suggests four primary findings following the study. The first shows that most people looking to pay with crypto will be new customers. The second is that people utilizing crypto for payments of both goods and services are likely to make much larger purchases than those that utilize credit cards or cash. Next, it’s that crypto is far less expensive than credit cards, and finally, fraud-related chargebacks are non-existent when it comes to using crypto. The study was ordered by international bitcoin and crypto transaction firm Bit Pay as a means of better understanding the cost-saving benefits of both bitcoin and its altcoin cousins. The company’s CE

Tron price is struggling to clear the $0.0280 and $0.0300 resistance levels against the US Dollar. TRX price is now trading well below $0.0280 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0280 on the 4-hours chart (data feed via Bitfinex). The pair remains at a risk of a sharp decline if it fails to stay above the $0.0245 support zone. TRON price is currently trading in a range above the $0.0245 support against the US Dollar, similar to bitcoin . TRX price must break $0.0280 or it could dive below $0.0245. Tron Price Analysis TRON price remained stable above the $0.0245 and $0.0250 support levels against the US Dollar. TRX price started a decent upward move above the $0.0260 and $0.0265 levels, but it faced many hurdles. It seems like the price is struggling to clear the $0.0280 and $0.0300 resistance levels . The recent high was formed near $0.0289 before the price started a fresh decline. There was a break be