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TSNP Stock and HUMBL: A Blockchain Story That Raises Big Questions

Tesoro Enterprises and HUMBL: A Blockchain Story That Raises Big Questions Do HUMBL s new blockchain offerings justify its $5 billion value? We don t know yet. By Sarah Smith, InvestorPlace Web Content Producer Feb 11, 2021, 9:58 am EDT February 11, 2021 Tesoro Enterprises (OTCMKTS: TSNP) saw its stock gain 275% last week after the company announced a new lineup of ETF-styled blockchain investments. The gains for TSNP stock took its valuation as high as $8 billion, prompting InvestorPlace Markets Analyst Tom Yeung to ask “What’s Going on With Blockchain Play Tesoro Enterprises?” Source: Marko Aliaksandr/ShutterStock.com Well, what is going on with Tesoro Enterprises? Historically, Tesoro Enterprises has been a home-renovation retailer for individual and commercial customers. It sold floor and wall covering materials, operated retail showrooms for tile and also provided a variety of natural stone products. In Decemb

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Bitcoin Blasted Above $48,000 Today, Causing Bitcoin Stocks to Soar as Well

There are more signs that Bitcoin is entering the fabled fourth phase of its adoption.

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JPMorgan Again Tries To Slam Bitcoin, Fails Spectacularly

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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Why other corporates won t chase Tesla into Bitcoin

Why other corporates won t chase Tesla into Bitcoin
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Crypto Lender BlockFi Launches Bitcoin Trust

You have successfully joined our subscriber list. BlockFi’s annual fee falls 0.25% below what industry leader Grayscale Bitcoin Trust (GBTC) charges investors as BlockFi aims to compete with GBTC for the top spot. BlockFi, the crypto lender and financial services firm, announced on February 9 it has launched a Bitcoin trust managed by BlockFi Management LLC, a wholly-owned subsidiary of BlockFi. BlockFi Management LLC as a sponsor will charge a fee of 1.75% and BTC held in BlockFi’s trust will be custodied by Fidelity Digital Assets Services LLC via an enterprise-grade custody solution purpose-built for institutional investments. According to the announcement, the company Grant Thornton LLP will be the BlockFi Bitcoin Trust’s financial auditor with Davis Polk & Wardwell LLP set to be the legal counsel to BlockFi in connection with the Trust. The crypto lending firm will also use Coin Metrics Inc. in providing index and pricing data.

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