Markets

The world’s biggest crypto fund manager says Bitcoin is the next step in the evolution of money – and ‘I can’t use it to buy coffee’ is no longer a sound argument

Bitcoin is not a fad that will fade away, said Michael Sonnenshein, managing director of Greyscale Investments. Investors understand that “buying Bitcoin and putting it in their portfolio is meant to be a store of value, inflation hedge, a digital gold, a digital form of money,” Sonnenshein told Business Insider. […]
The world’s biggest crypto fund manager says Bitcoin is the next step in the evolution of money – and ‘I can’t use it to buy coffee’ is no longer a sound argument
Markets

Lithuania will offer the world’s first collectible crypto token in 2020

Lithuania will sell the world’s first digital token for collectors in spring 2020 as it looks to push itself as a new player in the financial-tech sector. The coin commemorates Lithuania’s 1918 declaration of independence, and each of the 24,000 tokens set for release will feature one of the declaration’s […]
Lithuania will offer the world’s first collectible crypto token in 2020
Markets

A Brooklyn Nets player wants to turn his contract into an investment vehicle. But the NBA is trying to block him — and it could reportedly result in a suspension, or even termination.

Brooklyn Nets guard Spencer Dinwiddie is trying to turn his three-year, $US34.4 million contract into an investment vehicle. But the NBA is trying to block him, The Athletic first reported Tuesday. After reviewing several variations of the plan, the NBA determined it violates collectively bargained league rules, according to a […]
A Brooklyn Nets player wants to turn his contract into an investment vehicle. But the NBA is trying to block him — and it could reportedly result in a suspension, or even termination.