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Supporting Open Source Bitcoin Development: Nexo Donates $150K to Brink
As bitcoin and the larger crypto industry moves into a new period of growth and maturity, it is more important than ever before for development projects to be supported. This is because more people than ever will make use of bitcoin, both as a currency and as a blockchain system and thus, the network will […] äàëüøå »
2021-3-12 18:03
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Bitcoin ETF Launches in Malaysia in Regional First
Another One, In Another Place A Malaysian Bitcoin exchange-traded-fund (ETF) will be the first insured fund to launch in the South East Asia (SEA) region. The launch comes as the first in the region, which sees growing institutional interest in the cryptocurrency space. äàëüøå »
2021-3-10 22:42
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U.S. Government Is Auctioning Off 0.7501 Bitcoin
The US government is auctioning off 0. 7501 BTC, currently worth about $40,500 at the rate of 54,000 per Bitcoin. Currently, the highest bid on it is $25,000. The U. S. General Services Administration typically auctions the surplus federal equipment to the general public. äàëüøå »
2021-3-10 21:39
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NYDIG Raises $200M from High Profile Investors, Insurance Firms’ Bitcoin Exposure Surpasses $1B
Soros Fund Management, New York Life, MassMutual, Morgan Stanley, Stone Ridge Holdings Group, and FS Investments are the big names, preparing to have an “explosion of innovation in Bitcoin products and services” in the coming months and quarters. äàëüøå »
2021-3-10 17:36
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Kraken CEO on Bitcoin: “It’s Going to Infinity”
In an interview with Bloomberg, Kraken CEO and founder Jesse Powell gave a perplexing prediction of Bitcoin’s future value: “When you measure it in terms of dollars, you have to think it’s going to infinity. äàëüøå »
2021-3-6 18:27
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Human Rights Foundation Provides Grants to Bitcoiners to Boost Education and Software Development
The Human Right Foundation (HRF), a New York-based nonprofit organization, gave its latest round of Bitcoin development grants on Tuesday. The organization focuses on boosting the adoption and development of Bitcoin solutions globally, the latest grant focusing on software development and education efforts in the space. äàëüøå »
2021-3-4 20:46
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SEC Chair Nominee Gary Gensler says Bitcoin & Crypto’s are ‘Catalysts for Change’
But at the same time, they also raise new issues of investor protection, said Gary Gensler during his confirmation hearing. The post SEC Chair Nominee Gary Gensler says Bitcoin & Crypto’s are ‘Catalysts for Change’ first appeared on BitcoinExchangeGuide. äàëüøå »
2021-3-4 19:10
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Bitcoin & Ether ‘Can Make You A Banker’ While Gold Can Make Jewelry: Mark Cuban to Peter Schiff
The Shark Tank investor says gold “will die as a SOV.” The post Bitcoin & Ether ‘Can Make You A Banker’ While Gold Can Make Jewelry: Mark Cuban to Peter Schiff first appeared on BitcoinExchangeGuide. äàëüøå »
2021-3-4 18:26
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Senator Warren Says, Cryptos Are ‘Speculative In Nature And Going To End Badly’
Crypto critic senator Elizabeth Warren doesn't see cryptocurrency investment ending up good for anyone. “Speculative in nature and going to end badly,” is what she had to say about the digital currencies in an interview with CNBC. äàëüøå »
2021-3-3 21:06
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Billion-Dollar Hedge Fund, Third Point, CEO Is Doing A “Deep Dive Into Crypto”
Daniel S. Loeb, the chief executive officer of the billion-dollar hedge fund, Third Point, is taking a special interest in cryptocurrencies which he shared with the world over Twitter Monday. Loeb shared this detail in response to venture capital firm a16z partner Chris Dixon’s piece on NFTs. äàëüøå »
2021-3-2 19:36
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Citibank: Bitcoin’s at the ‘Tipping Point’ & The Start of Massive Transformation into the Mainstream
“The vision of Bitcoin as a force that will transform the world may seem self-evident in just a few more years,” states the report. The post Citibank: Bitcoin’s at the ‘Tipping Point’ & The Start of Massive Transformation into the Mainstream first appeared on BitcoinExchangeGuide. äàëüøå »
2021-3-2 17:35
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Bitcoin Lending Grew Nearly 12x; Only Accounts for 0.15% of the $20T Total Collateral Market
There is also growing demand for Ether among traditional actors entering crypto lending with ultra-high-net-worth individuals, corporations, traditional hedge funds, and family offices wanting to enter the market looking to generate excess yield on idle cash. äàëüøå »
2021-2-28 17:29
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A “BIG Deal:” Stone Ridge Files to Add Bitcoin to its Diversified Alternatives Fund
It “opens the door for every mutual fund to add BTC,” says excited Anthony Scaramucci of SkyBridge on asset manager becoming the open-ended mutual fund to buy Bitcoin. The post A “BIG Deal:” Stone Ridge Files to Add Bitcoin to its Diversified Alternatives Fund first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-27 21:33
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Rising Treasury Yields are a Danger to Bitcoin & They Are Soaring Right Now
The ongoing yield debacle is not good for risky assets and gold, and the leading digital currency is still struggling to recover from the losses. The post Rising Treasury Yields are a Danger to Bitcoin & They Are Soaring Right Now first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-26 17:46
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Bank of Korea Governor Bashes ‘Volatile’ and ‘Invaluable’ Bitcoin
Lee Ju-yeol, South Korea’s central banking chief, has slammed Bitcoin for its volatility. Several policymakers have also criticized Bitcoin, following a week of extreme volatility in the asset’s price. äàëüøå »
2021-2-25 22:51
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Users Asked to Return Bitcoin Purchased After Glitch Drops The Price to $6,000 On This Exchange
On Tuesday last week, the largest Philippines-based crypto exchange, PDAX, suffered a glitch due to the increased user traffic and volumes on the exchange. This led to a system outage, causing the price of Bitcoin to collapse to the $6,000 mark, allowing users to buy the top crypto at a massive discount. äàëüøå »
2021-2-25 22:31
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Michael Saylor Forecasts Bitcoin’s Market Cap Hitting $100 Trillion
In a recent interview, MicroStrategy CEO Michael Saylor predicted a $100 trillion market cap for Bitcoin fueled by increased adoption. The asset’s growth depends on regulatory stability - an area where many expect clarity on soon. äàëüøå »
2021-2-25 22:07
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Janet Yellen Torches Bitcoin Again, Calls it ‘Extremely Inefficient’ As A Payment Option
U.S. Treasury Secretary is rooting for a digital dollar, but remains unconvinced about Bitcoin, which she describes as an inefficient asset. The post Janet Yellen Torches Bitcoin Again, Calls it ‘Extremely Inefficient’ As A Payment Option first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-23 21:45
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This Self-Proclaimed Bitcoin Maximalist has Paper Hands
Nick Maggiulli, who sold half of his BTC holdings i. e 0. 5 BTC, is planning to buy when the price “drops significantly. ” Earlier this year, he recommended a 2% portfolio in BTC so that “you’re unlikely to get rich, but you’re unlikely to go bankrupt either. äàëüøå »
2021-2-19 18:22
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Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President
St. Louis Federal Reserve President James Bullard doesn’t think the leading digital currency poses a serious threat to the US dollar’s status as the world's reserve currency. “I just think for Fed policy, it's going to be a dollar economy as far as the eye can see and whether the gold price goes up or […] The post Bitcoin or its Meteoric Rise Pose No Threat to the Global Dollar Economy Or its Reserve Currency Status: Fed President first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-17 18:27
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Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run
Bitcoin price is having a bit of a moment as it continues to hit $50,000 only to drop back under $48,000. Currently, BTC/USD is trading around $49k with $10.32 billion in ‘real’ volume. The latest uptick in price is the result of the continuous buying from Coinbase whales as Charles Edwards of Capriole Investments noted, […] The post Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-17 22:33
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Grayscale Now Holds 3.5% of BTC Circulating Supply Amidst the Collapsing Premium on GBTC
Grayscale, the world’s largest digital assets manager, has bought 5. 36k BTC in February so far. This brings its total Bitcoin holdings to 653. 83k BTC, accounting for 3. 5% of Bitcoin’s circulating supply. äàëüøå »
2021-2-16 19:26
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Bitcoin is “Like Insurance,” for Jailed Kremlin Critic Alexei Navalny’s Campaigns
Alexei Navalny’s anti-Kremlin movement has been receiving Bitcoin donations, which are now worth nearly $300,000 this year alone. The campaign’s Bitcoin donation shows that it received 6. 242 BTC from Jan. äàëüøå »
2021-2-16 22:09
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Bank of Russia Head says Risks of Investing in Bitcoin Is Intensifying
The head of the Central Bank of Russia, Elvira Nabiullina, believes that the risks of investing in cryptocurrencies continue to increase. During a press conference on Friday, Nabiullina said that her views about digital currencies remain the same, as per Russian publication Tacc. äàëüøå »
2021-2-14 19:51
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Nassim Taleb’s ‘Antifragile’ is the Answer to ‘The Black Swan’ Author Dumping Bitcoin Due to High Volatility
“There is no long-term stability without short-term volatility,” writes Taleb and then dumps Bitcoin due to its high volatility. The post Nassim Taleb’s ‘Antifragile’ is the Answer to ‘The Black Swan’ Author Dumping Bitcoin Due to High Volatility first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-14 18:48
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JPMorgan Co-President: The Bank Will Get Involved in Bitcoin If Demand is There
Which Daniel Pinto says isn’t there yet but will be at some point. The post JPMorgan Co-President: The Bank Will Get Involved in Bitcoin If Demand is There first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-13 20:32
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Only Invest in Bitcoin if You are “Very Wealthy,” Says Former FDIC Chairman
As Bitcoin moves close to $50,000, hitting a new ATH at $49,000 on Thursday, new detractors keep rearing their skeptic heads, advising people to not invest in the digital currency, which has surged nearly 12x from its March low. äàëüøå »
2021-2-12 19:50
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Bitcoin is ‘Clearly the Embodiment’ of the Cash Hoard and Also Frothy Markets: PJ Solomon CEO
The chief executive officer of the investment banking company, PJ Solomon, says Bitcoin has a place in the current marketplace but still isn’t as much worth as it is currently valued. In an interview with Bloomberg, while sharing his thoughts on Bitcoin, Marc Cooper said, “Bitcoin is clearly the embodiment of this cash hoard that's […] The post Bitcoin is ‘Clearly the Embodiment’ of the Cash Hoard and Also Frothy Markets: PJ Solomon CEO first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-12 16:17
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Institutional Demand in Bitcoin is Increasing at an ‘Accelerating Pace’ in 2021: Grayscale CEO
The crypto market is still buzzing off Tesla’s $1.5 billion bets on Bitcoin as the company designated 7.7% of its cash reserves to purchase Bitcoin (BTC) last month. In an interview with CNBC’s Squawk Box on Wednesday, Grayscale CEO, Michael Sonenshein, said this latest trend of institutions such as Tesla, Square, PayPal, and Twitter adding […] The post Institutional Demand in Bitcoin is Increasing at an ‘Accelerating Pace’ in 2021: Grayscale CEO first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-12 20:27
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ECB President Says Central Banks Are ‘Very Unlikely’ to Add Bitcoin as a Reserve Asset
In a Business Insider report, European Central Bank (ECB) President, Christine Lagarde, repeated her skepticism on Bitcoin, stating central banks are not looking to add the digital asset as a reserve currency any time soon. äàëüøå »
2021-2-11 19:23
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America’s Oldest Banking Giant, BNY Mellon, to Hold and Transfer Bitcoin & Other Cryptos Including Stablecoins
BNY Mellon plans to bring Bitcoin and cryptocurrencies under the same roof as traditional holdings through its platform that is now in prototype, following “heightened interest” and “new demand.” The post America’s Oldest Banking Giant, BNY Mellon, to Hold and Transfer Bitcoin & Other Cryptos Including Stablecoins first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-11 18:03
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Online Shopping Giant, Amazon, is Creating a Digital Currency for Prime Members in Mexico
Amazon's new product will enable customers to convert their cash into digital currency, which then will be used to enjoy online services. The post Online Shopping Giant, Amazon, is Creating a Digital Currency for Prime Members in Mexico first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-11 17:41
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Treasury Secretary Says Innovation Should Help More People Climb To A Higher Quality Of Life
While warning about cryptocurrencies’ use in financing illegal activities, yet again. The post Treasury Secretary Says Innovation Should Help More People Climb To A Higher Quality Of Life first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-11 16:11
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CNBC Mad Money Host, Jim Cramer, Calls Companies Not Owning any Bitcoin ‘Irresponsible’
According to the “Mad Money” host, every treasurer should be calling for putting a portion of their cash in Bitcoin. The post CNBC Mad Money Host, Jim Cramer, Calls Companies Not Owning any Bitcoin ‘Irresponsible’ first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-11 22:31
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Bank of Japan & European Central Bank Dead-Set on Pushing Asset Prices Higher
Deeper negative rates for the BOJ while ECB President Christine Lagarde wants to keep fiscal spending this year and into 2022. The post Bank of Japan & European Central Bank Dead-Set on Pushing Asset Prices Higher first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-10 19:55
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Retail & Institutional Investors Continue to Gobble More and More of Bitcoin’s Supply
With Lindsey Lohan also sending “bitcoin to the moon,” although it only sent the price down by $2k. The post Retail & Institutional Investors Continue to Gobble More and More of Bitcoin’s Supply first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-10 17:30
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Miami Mayor Working on Adding Bitcoin to the City’s Balance Sheet
Francis Suarez also wants to “have the most progressive crypto laws” to promote cryptocurrencies and blockchain in the city. The post Miami Mayor Working on Adding Bitcoin to the City’s Balance Sheet first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-10 23:50
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Will Apple be the next company to adopt Bitcoin after Tesla?
"The firm could unlock a multi-billion dollar opportunity with a few clicks," said analyst Paul Steves.
äàëüøå »2021-2-9 22:20
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Miami Mayor Confirms Work on Pro-Bitcoin Laws, Urges Others to Follow Suit
Mayor Francis Suarez has confirmed the city's work in pro-crypto regulations. The city is taking a progressive initiative, with Suarez believing that a tech-forward regulatory approach could be beneficial. äàëüøå »
2021-2-9 17:45
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Central Bank of Nigeria Prohibits Banks to Deal with Crypto’s which Became Popular in EndSARS Protests
Binance has already disabled deposits while citizens of Africa's largest economy object to CBN’s decision. The post Central Bank of Nigeria Prohibits Banks to Deal with Crypto’s which Became Popular in EndSARS Protests first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-7 16:08
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Growing Number of Women Are Now Trading Bitcoin; Average Age of Investors Is Falling
Only 15% of Bitcoin traders are women, according to a survey by the brokerage service provider eToro. While this shows a gender disparity in the world of cryptocurrencies, the number of women investing in the crypto is increasing. äàëüøå »
2021-2-6 18:33
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47% of Nocoiner Brits Plan to Invest in Bitcoin This Year: Survey
While those invested, 74% plan to further increase. Also, 30% of coiners expect the BTC price to exceed $100,000 this year. The post 47% of Nocoiner Brits Plan to Invest in Bitcoin This Year: Survey first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-6 18:49
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Bermuda-based, CrossTower to Launch a Bitcoin Fund for Accredited Investors
In an announcement on Wednesday, CrossTower, a Bermuda-based crypto investments firm, plans to launch its bitcoin hedge fund at the end of February for accredited investors. The fund will not be tradable in the secondary market but aims to compete with other Bitcoin-based hedge funds such as GBTC in management fees and liquidity. äàëüøå »
2021-2-5 20:09
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Dutch Footballer Says “Don’t Wait to Buy Bitcoin” While Goldman Issues a Warning
In this green week, Bitcoin pushed even higher, going to about $38,750. Starting the week around $32,000, today we are trading around $37,000, still less than 12% away from its all-time high of $42,000 hit on Jan. äàëüøå »
2021-2-4 19:07
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NYDIG Sees Institutional Order Books Pushing BTC Holdings to $25B by Year-End
This week, Ross Stevens, the founder and chairman of NYDIG, made an appearance at the MicroStrategy World Conference 2021. In his session, the executive explained that the crypto investment company could be sitting on $25 billion in assets under management (AUM) by year's end. äàëüøå »
2021-2-4 18:25
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WallStreetBets Investors Are Coming to the Conclusion that ‘Bitcoin is the Way to Beat Wall Street’
After all that occurred last week between Wall Street Bets and Robinhood, the retail traders who make up what’s been described by some supporters like Reddit founder as “revolution” recognize the need for decentralization. äàëüøå »
2021-2-4 20:58
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Guggenheim CIO Back to Pumping Bitcoin with Even a Higher Target; SEC Filing to Buy GBTC is Effective
Much like last time, Guggenheim chief investment officer, Scott Minerd, calls for a fundamental research-based price target, which is 50% higher than his previous $400,000 per BTC. Minerd, in his interview with CNN’s Julia Chatterley, said, “We have done a lot of fundamental research. äàëüøå »
2021-2-4 20:02
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“Young Male” Bitcoin & GME Investors Setting Up for an ‘Explosion’ in Depression: NYU Professor
Much like young women “became very depressed by sitting in their rooms looking at Instagram,” said Scott Galloway, who also feels these men staring at their phone watching BTC and AMC price are “not having (enough) sex. äàëüøå »
2021-2-2 18:45
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Senator On Bitcoin: “Came For The Store Of Value, Staying For The Censorship Resistance”
Bitcoiner Cynthia Lummis advocates BTC as a store of value for the younger generation as “the dollar is designed to be worth less every year.” The post Senator On Bitcoin: “Came For The Store Of Value, Staying For The Censorship Resistance” first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-2 16:38
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Bitcoin Subreddit Grows to 2.2 Million Members
r/Bitcoin now has more subscribers than r/Apple but still has a way to go to match up the tech giant’s over $2.2 trillion market cap. The post Bitcoin Subreddit Grows to 2.2 Million Members first appeared on BitcoinExchangeGuide. äàëüøå »
2021-2-2 18:08
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