fintech

Binance Coin Continues To Grow Its Market Cap

FRNT Financial

February 23, 2021

Binance Coin, the native token of the Binance Smart Chain (BSC), added as much as USD 27 billion to its market cap since Thursday. Even this morning, BNB had a market cap of USD 35 billion.

Interest In Bitcoin Continues To Grow As New BTC Investment Products Come To Market

FRNT Financial

February 22, 2021

On Friday, BTC’s market cap surpassed USD 1 trillion for the first time, while weekend trading added another USD 65 million to the coin’s capitalization. This move comes on the back of new BTC investment products coming to market and sustained inflows into such offerings.

The Number Of BTC Addresses Holding Over 1,000 BTC Reaches A Record High

FRNT Financial

February 18, 2021

The number of addresses holding over 1,000 BTC began increasing in August 2018 and continued to do so over the past 3 years. However, the jump in addresses since the end of December marks the largest increase in the metric in a span of about 7 weeks.

6 Institutions That Recently Incorporated Crypto Into Their Product Offerings

FRNT Financial

February 17, 2021

BTC has made new all-time highs on the back of prominent investors endorsing the asset’s attractiveness as an investment. At the same time, a number of actors have integrated BTC into their product offering.

Purpose Investments Gets The Green Light To Launch North America's First Bitcoin ETF

FRNT Financial

February 16, 2021

The new offering, which will trade on the Toronto Stock Exchange and is described as “the world’s first bitcoin exchange traded [fund],” will invest directly into physical BTC and is an incremental improvement to the asset's mainstreaming as an investment class.

Bitcoin Continues To Reach New All-Time Highs

FRNT Financial

February 11, 2021

BTC has found buoyancy on the back of mainstream adoption and high profile endorsements. Despite fundamentally bullish headlines, extremely elevated funding rates suggest the current price has also seen substantial contribution from stretched long positions.

4 Altcoins In The Top 10 Have Seen New Record Highs Since The Start Of The Month

FRNT Financial

February 10, 2021

Recently heightened interest in the broader crypto market comes on the back of endorsements of key selling points of many altcoins.

Bitcoin Reaches All-Time Highs, Sweeps Media Attention After Tesla's $1.5 Billion BTC Buy

FRNT Financial

February 9, 2021

Media pundits and crypto-native business leaders that joined news programs throughout the day treated Tesla’s announcement as a historic moment. The coin’s ethos is being validated by prominent investors and corporations on a regular basis now. 

Tesla Buys $1.5 Billion In Bitcoin, Plans To Accept BTC As Payment For Products

FRNT Financial

February 8, 2021

According to publicly available data, Tesla had USD 14.53 billion in cash reserves. This makes Tesla’s purchase of BTC approximately 10% of its cash holdings.

CME Group Is Slated To Launch Ethereum (ETH) Futures Next Week

FRNT Financial

February 4, 2021

Barring any last-minute regulatory interventions, the launch of the product represents a major milestone for ETH’s mainstreaming at a moment when the asset is setting new record price levels.