BTCS Crosses The $1M Crypto Asset Under Management Milestone

 
 

BTCS Crosses The $1M Crypto Asset Under Management Milestone

BTCS (OTCQB: BTCS) announces an increase of 285% in it's Crypto Asset Under Management portfolio during Q1 2020. The company revealed that the growth experienced in the second quarter of 2020 was primarily due to additional purchases of Bitcoin (BTC) and Ethereum (ETH). The company took advantage of the largest crypto by market capitalization recovery period in 2020, where BTC price gained over 40% in a matter of days.

BTCS is a U.S. based blockchain technology and digital asset focused company. The company became one of the first U.S. publicly traded firms focused on blockchain technologies and digital assets and aims to acquire digital assets to offer investors indirect ownerships of digital assets.

According to BTCS, both Bitcoin and Ethereum are great stores of value especially against currency debasement with central banks embarking on extensive quantitative easing. Apart from Bitcoin and Ethereum, BTCS also plans to expand its crypto holdings to cover other altcoins.

The digital asset firm is also developing its own in-house consumer-facing digital asset data analytics platform. With the crypto space still in its infancy, price benchmarks, indices, trading volume, and other important metrics are still being refined.
To find out more about BTCS, please visit their website.



Popular posts from this blog

Reddit Community’s MOON Tokens Soar

Image
Plus, Celsius settles with shareholders from its Series B funding round July 18, 2023 The latest moves in crypto markets, in context By Lyllah Ledesma, CoinDesk reporter Was this newsletter forwarded to you? Sign up here .    Supported By   Happy Tuesday! Here's what you need to know today in crypto: MOON, the native token of Reddit's r/Cryptocurrency community, has surged following the recent change in terms of service for the website.  Coinbase Earn is particularly vulnerable to being defined as a security, said Berenberg in a research report.  Celsius has agreed with its Series B shareholders over proceeds from the GK8 sale.     Latest Prices CoinDesk Market Index (CMI) 1,295 −9.3 ▼ 0.7% Bitcoin (BTC) $29,773 −327.5 ▼ 1.1% Ethereum (ETH) $1,887 −18.0 ▼ 0.9% S&P 500 futures 4,550.25 −3.5 ▼ 0.1% ...
Read more

Are Crypto Investors Protected?

Image
Webinar March 31 at 1 p.m. ET Sponsored by Trulioo As cryptocurrencies become increasingly mainstream and digital trading and investment platforms attract experienced and novice investors alike, regulatory reform, specifically the acceleration of new measures to mitigate financial crime, is adapting to protect consumers. Join Trulioo's exclusive webinar to hear how crypto exchanges can navigate the dynamic and evolving regulatory landscape.   Nick Lord of Blue Pool Communications will moderate a discussion with Trulioo SVP, Identity Solutions, Garient Evans and Bitbuy Chief Compliance Officer, Torstein Braaten.  Garient Evans SVP, Identity Solutions Trulioo Torstein Braaten Head of Regulatory Affairs & CCO Bitbuy Moderator Nick Lord Founder Blue Pool Communications   Copyright © 2022 CoinDesk, All rights reserved.    250 Park Avenue South New York, NY 10003, USA You can manage your preferences here or unsubscribe from all   CoinDesk ...
Read more

Coinbase's revolving door

Image
To view this email as a web page, go here. July 31, 2019 US FIRST: Any U.S. resident with a government-issued I.D. can now trade futures contracts for real bitcoin. Revealed exclusively to CoinDesk, LedgerX has officially launched the first physically settled bitcoin futures contracts in the U.S., beati...
Read more
powered by Coinlib
Advertise with Anonymous Ads