Grayscale Launches Investment Trusts For 5 More Cryptocurrencies – March 18

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $58,319

Bitcoin price has shot up in price over the last day of trading, following news that the Federal Reserve has no plans to raise interest rates until 2023.

Top-20 altcoins have also rallied on the news, as Ethereum gains 2%, Cardano jumps 16% and XRP rises 3% for the day.

Top Stories for March 18, 2021 πŸ”₯

πŸ‘‰ Grayscale Launches Investment Trusts For 5 More Cryptocurrencies

Digital asset manager Grayscale has launched investment trusts for five more cryptocurrencies to its product suite, expanding its offerings to institutions.

The new investment trusts are for Basic Attention Token (BAT), Chainlink (LINK), Decentraland (MANA), Filecoin (FIL) and Livepeer (LPT).

πŸ‘‰ Meitu Adds To Cryptocurrency Investments With More ETH and BTC

Chinese app and technology company Meitu has announced that it has added more cryptocurrency to its balance sheet today, taking the total value of its crypto holdings to $90 million.

The most recent additions were 386 Bitcoin (BTC) and 16,000 Ether (ETH), which adds to their prior purchase of 379 BTC and 15,000 ETH earlier this month.

πŸ‘‰ Bank Of Thailand Blasts Terra THT Stablecoin, Labels It “Illegal”

Korean cryptocurrency platform Terra has attracted strong attention from the Bank of Thailand over its THT stablecoin, which is pegged to the Thai baht.

The Bank of Thailand issued a warning against the use of THT and other baht-pegged stablecoins, claiming that they pose a threat to the national currency system.