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Venezuela Signs In New Taxation Agreement That Will ‘Accept’ Petro Crypto Payments
The Bolivian Council of Mayors signed the “National Tax Harmonization Agreement” on Aug. 12, paving the way to a new system to optimize taxation in the country. According to reports, the new laws will integrate the country’s sovereign crypto, Petro, as one of the tools in the new system. According to reports, of the 335 […] дальше »
2020-8-13 20:49
Bitcoin Working on Being a Reserve Asset while S&P 500, Yield, & Inflation Takes the Wheel
The equities market is yet again just inches away from its all-time high. Yesterday, the ATH from February was briefly broken only for the S&P 500 to retrace a bit, currently sitting at 3,382. Another small leg higher today, and it will breach the new ATH at 3,387.89. It only took 175 days for the […] дальше »
2020-8-13 20:24
Institutional Investors Gobbling Up More Bitcoin Than Being Mined This Month
Even since Bitcoin entered August, the price has taken to test the $12,000 level after successfully breaching the key levels, $10,000 and $10,500 last month. But so far, the digital asset hasn’t been able to sustain above $12k despite breaking above it twice, resulting in a crash afterward. We are now back to trading around […] дальше »
2020-8-13 19:46
Here’s the Larger Trend that Will Continue to Persist in the Markets
Yesterday, the bitcoin price dropped by 6.6% as it went down to $11,150. Today, the prices went down even further only to make it back to $11,500. Denis Vinokourov of Beqaunt said, “The unwind of bullish positioning was clearly evidenced in the options skew, however, the correction was largely limited to the front-end of the […] дальше »
2020-8-13 19:16
Billion Dollar Publicly-traded MicroStrategy Buys 21,454 Bitcoin as a Reserve Asset
MicroStrategy is now taking a deep dive into the world of bitcoin. The $1.2 billion Nasdaq listed software company has officially announced its position in the largest digital asset. A fortnight after announcing to invest in bitcoin as an inflation hedge, the company has purchased 21,454 BTC at an aggregate price of $250 million, inclusive […] дальше »
2020-8-11 18:21
Fed Reveals More Details About FedNow to Support Instant Payments in the US
The Federal Reserve unveiled further details about its new real-time payments platform FedNow Service. The platform will enable financial institutions in the US to settle transactions virtually instantly and is set for launch in 2023 or 2024, as per the details revealed last week. дальше »
2020-8-10 17:26
Deregulating Bitcoin May Increase Speculative Trading Instead of Technical Innovation: Japan’s New Top Financial Regulator
Ryozo Himino, the new top financial regulator of Japan, wants the country to take caution over promoting digital assets, arguing that instead of promoting technical innovation, it may end up fueling the speculative fire. дальше »
2020-8-6 21:08
Nasdaq-listed Billion Dollar Software Firm Reveals its Plan to Invest in Bitcoin in its Search for Yield & to Hedge Dollar Weakness
MicroStrategy, a business intelligence, mobile software, and cloud-based services provider, is planning to make an investment in bitcoin and other digital assets, as per the Q2 2020 Earnings Call of the company held on Jul 28, 2020. дальше »
2020-8-6 17:50
Currency Debasement sees BTC Breaking into a New ATH Against Turkish Lira & Argentine Peso
Bitcoin is currently trading around $11,000 on the USD market, still about 75% off from hitting the 2017 peak of $20,000. The world’s largest cryptocurrency might still have a way to go before it could see new highs, but in Turkey, the prices have flown upwards. дальше »
2020-8-6 22:21
Bitcoin Will Emerge Stronger Out of the Ongoing Crisis: Congressman Tom Emmer
It is the fact that no one has centralized control over Bitcoin that makes it stand out in comparison to fiat currencies that are tightly controlled, said US Congressman Tom Emmer on “Pomp Podcast.” Born in the aftermath of the 2008 financial crisis, the situation isn’t much different from the ongoing distressed economic scenario which […] дальше »
2020-8-6 21:15
Mad Rush to BTC Coming Soon as Barstool Sports’ Dave Portnoy Declares ‘I Want to Buy All the Bitcoins’
Dave Portnoy, the founder of Barstool Sports, has now turned his attention to Bitcoin as he said, “I want to buy all the bitcoins.” Portnoy took to Twitter to rant about how he doesn't know how to buy bitcoin and doesn't want to deal with hardware wallets in order to keep his assets safe. He […] дальше »
2020-8-5 19:40
Yet Another Crypto Hedge Fund Bites the Dust
Crypto hedge fund Neural Capital has lost half of its money since launching during the bull run of 2017. The firm is now in the process of refunding money to investors, reported CoinDesk citing three people familiar with the matter. дальше »
2020-8-4 18:49
Bitcoin Celebrates USD’s Loss of Power as The Dollar Records its Worst Month in a Decade
USD first took a hit in mid-March from 102.7 along with all the other asset classes, be it bitcoin, gold, or stocks. But before that month was over, it was back on the rise only to range till May. But then it yet again started sliding to reach 93 on June 30, although on Friday, […] дальше »
2020-8-1 18:55
People Using Cash-Savings to Load Up on Bitcoin as Protection in a Record Low-Interest Rate World
The 10-year Treasury note yield fell to its record low stretches, not seen in 234 years, according to Deutsche bank. “The U.S. has been through depressions, deflations, wars, restrictive gold standard regimes, market crashes and many other major events and never before have we seen yields so low back to when the Founding Fathers formed […] дальше »
2020-8-1 17:22
The Bigger the Hit to a Country’s GDP, the Higher the Stock Market Jumps
The US economy shrank by an annual rate of 32.9% between April and June, the sharpest contraction triggered by the coronavirus pandemic since the second world war. This economic shock in April, May, and June was over three times as sharp as the previous record of 10% in 1958 and about four times the worst […] дальше »
2020-7-31 21:22
Pantera Bitcoin Fund Clients, Including Institutional & HNWI Investors, Are HODLers
The blockchain investment fund, Pantera Capital, has completed its seven months, and its Bitcoin fund has generated a lifetime return of 15,140% net fees and expenses, “outperforming bitcoin over the same period. дальше »
2020-7-30 20:37
Bitcoin: No More Selling Pressure from $5.7 Bln PlusToken Ponzi Scheme as Chinese Police Arrest 82 Key Members
Chinese police have finally arrested all 27 primary suspects involved in the Plus Token Ponzi scheme. The investigation led by the Ministry of Public Security successfully arrested all the major suspects and 82 key members of the case, reported Chinese financial news outlet CLS. дальше »
2020-7-30 16:52
Bitcoin Matured from Retail-Roots to Larger & More Conservative Institutional Investors Allocating: Coinbase H1 Report
“11 years from its inception, Bitcoin continues to lock in its network effects,” states Coinbase’s H1 report that points out how the world's leading digital asset storing $176 billion in value weathered a macroeconomic shock that saw it crashing to $3,800 only to rise back to $10,000. дальше »
2020-7-26 19:01
Non-Event But Still Increased Exposure: Bitcoin Defined as ‘Money’ Under DC Federal Court
Bitcoin is a form of “money” under Washington D. C. Money Transmitters Act, a federal court said on Friday. The ruling was made in a criminal case against Larry Dean Harmon, who operated an underground bitcoin trading platform for running an unlicensed money transmitting business under D. дальше »
2020-7-25 17:14
Ex-Nissan Chief’s Son Paid $50,000 in Cryptocurrency via Coinbase to Help him Escape
Anthony Ghosn, son of Carlos Ghosn, the former Nissan Motor Co. chairman, made about $50,000 in cryptocurrency payments to an American man who helped his father escape criminal charges in Japan. The Jr. дальше »
2020-7-25 22:44
Banks Can Now Hold Bitcoin, Here’s Why It’s ‘Insanely Bullish’
As we reported yesterday, a leading banking regulator, the Office of the Comptroller of the Currency (OCC), has officially declared in a letter that national banks can from now provide crypto custody services. дальше »
2020-7-23 15:28
Fed Nominee Judy Shelton is Pro-Crypto & Could Push Bitcoin Past $10,000
Yesterday, after a long time, Bitcoin finally made some moves at a time when everything from stocks, gold, and silver is surging to new highs. However, we are still stuck below $9,500, and $10,000 is still not a reality. дальше »
2020-7-22 19:47
Whale Alert Analysis Reveals Satoshi Stacked $10.9B Worth of Bitcoin (1.125M BTC)
Satoshi Nakamoto mined around 1,125,150 Bitcoin in the early days, according to a new on-chain analysis released by the Whale Alert. Based on the current market prices, the value of this BTC stash is an estimated $10. дальше »
2020-7-22 17:54
Wirecard Manager Hiding in Russia With A ‘Significant’ Amount of Bitcoin Stashed
Former Wirecard board member – Jan Marsalek, who has been in hiding for weeks, has fled to Russia with “significant” amounts of bitcoin stash, which he bought from Dubai where the company had dubious operations, according to a report by the German news outlet. дальше »
2020-7-21 19:05
Bitcoin Tokenized on Ethereum ‘Dominates the Off-Chain Space,’ Pushing ETH’s Fees Higher Than BTC
In 2020 so far, Ethereum made 80% gains, more than 3x the gains recorded by Bitcoin. However, ETH moves compared to bitcoin have been tighter over the years. During 2015-17, the price of ETH appreciated 6% to 8% versus bitcoin when the leading digital asset went up and a 4% to 6% fall on days […] дальше »
2020-7-19 18:36
Cloudflare Outage Took Down Much of the Internet But Bitcoin Kept Running
Several websites were unavailable Friday after Cloudflare Inc. suffered an outage. The company said the problem had been fixed. Cloudflare provides services like security, load balancing, video streaming, and domain registration for the internet. дальше »
2020-7-19 16:22
Good For Bitcoin? BTC is Now Trending after Exploding on Twitter
A ton of blue check twitter accounts got hacked to promote bitcoin-related scams. Hijacked accounts claimed that they were going to give people bitcoin or double their stash after they sent some to an address first. дальше »
2020-7-17 20:35
Bitcoin Adoption Explosion in Africa, Led by Nigeria, Kenya, and South Africa
Bitcoin continues to gain traction in Africa, with Kenya being the most bitcoin maximalist country, with 94. 7% dominance. The top 10 list also contains Nigeria at the 5th spot and South Africa at the 6th spot. дальше »
2020-7-5 18:41
Barstool’s Dave Portnoy Doesn’t Understand Bitcoin, It’s ‘Mario Brothers’ But I ‘Can’t Get Enough’ of it Either
Barstool Sports’ Dave Portnoy, who has recently become a day trader, then bought one stock before the coronavirus lockdown shared his views about Bitcoin. After the lockdown shut down sports and closed local casinos, the value of Penn’s stock tanked that Portnoy owns “a ton of” — Penn National Gaming bought a considerable stake in […] дальше »
2020-6-20 19:09
Bitcoin is Money, But Not a New Type of Money; It’s An Exchange Mechanism: NY Fed Reserve
“Bitcoin Is Not a New Type of Money,” says the Federal Reserve Bank of New York in its latest paper, where it talks about bitcoin instead of being a new type of exchange mechanism that can support the transfer of monies and other things. дальше »
2020-6-20 17:51
New Theory Claims ‘Satoshi Nakamoto’ Helped Run Drugs for Kingpin Pablo Escobar
Since the launch of the Bitcoin mainnet back in 2009, the most intriguing aspect of the top cryptocurrency has been its pseudo-anonymous founder, Satoshi Nakamoto. The creator of Bitcoin has remained anonymous even after Bitcoin peaked at its highest back in 2017, which has given rise to speculation, conspiracy theories, and of course, impersonators. Many […] дальше »
2020-6-9 23:45
Grayscale is Buying Up All Minted Bitcoin Since Halving
Grayscale Investments’ Bitcoin purchases have doubled since May 11th, the fund accumulating more than miners can generate in a day. Grayscale Investments is currently buying up to 1,112 bitcoins every day, researcher Kevin Rooke has revealed in a new post on the fund’s seeming increasing appetite for the crypto asset. дальше »
2020-5-29 16:26
Over 310,000 Bitcoin moved off crypto exchanges since Bitcoin’s crash to $3,800
Users have moved over 310,000 bitcoins from exchanges since mid-March Over 310,000 bitcoins have been moved from cryptocurrency exchanges since March 12, 2020, a date that has earned the moniker “Black Thursday. дальше »
2020-5-27 14:52
Retail investors increase their holdings as Bitcoin’s price hovers below $9,000
Increase in the number of addresses with less than 0.1 bitcoins means most small investors are using the downturn in prices to increase their Bitcoin holdings Even as the bears push prices to their lowest levels since the halving, it appears the market is taking current price levels as buying opportunities, especially small investors that […] The post Retail investors increase their holdings as Bitcoin’s price hovers below $9,000 appeared first on Coinjournal. дальше »
2020-5-26 18:13
Institutional Investors Are Scooping Up All the Newly Minted BTC, Leaving Not Much Left to Buy
Over the last three months, Grayscale Investments bought up to 33% of all newly minted bitcoin. The asset manager continues to stockpile the world’s leading digital asset for its clients having added nearly 70,000 BTC to its Bitcoin Trust Fund between February to May 17, reads a researcher’s post on Reddit. The researcher noted, “The […] дальше »
2020-5-24 16:49
Bitcoin Pizza Day Celebrates its 10th Anniversary; 10,000 BTC for Two Pizzas is Now Worth $90M
May 22 is known as the Bitcoin Pizza Day after computer programmer Laszlo Hanyecz paid 10,000 bitcoins for two delivered Papa John’s pizzas in 2010. Being one of the earliest well-known purchases in the history of Bitcoin makes it an iconic day. дальше »
2020-5-23 19:16
Bitcoin Sales from Miners Spike 600% One Week After the Halving
Bitcoin sales from miners have jumped six-fold since the halving, while exchanges continue to see their reserves dwindle. Miners have now entered a new wave of Bitcoin selling despite the lack of a definite move in Bitcoin’s price, data shows. дальше »
2020-5-22 20:23
11 Year-old Address Moves 50 BTC — Causing a Price Dip
The price of Bitcoin dropped 5% as panic-selling hit the crypto sphere after someone moved 50 bitcoins from a Satoshi-era wallet. Bitcoin’s price went down by 5% minutes after an unidentified entity sent 50 bitcoins from one of the oldest wallets on the network to two different addresses. дальше »
2020-5-22 13:27
78% of Open Interest in Bitcoin Options is Dominated by Deribit Platform
Deribit is now the largest crypto platform for Bitcoin options, taking up nearly 80% of the open interest market share. Crypto derivatives exchange, Deribit, has hit record figures in Bitcoin open interest, cementing its position as the most dominant player in the Bitcoin options market with a 78% index share. дальше »
2020-5-21 19:32
Best-selling Author who Predicts $75,000 Bitcoin advises people to “Get Bitcoin”
Rich Dad, Poor Dad author, Robert Kiyosaki, once again advocates buying Bitcoin: saying it is how to “save yourself” from economic collapse. Robert Kiyosaki, the author of bestseller ‘Rich Dad, Poor Dad’ has doubled down on his view that Bitcoin, alongside Gold and Silver, is what people need to buy to hedge against an impending […] The post Best-selling Author who Predicts $75,000 Bitcoin advises people to “Get Bitcoin” appeared first on Coinjournal. дальше »
2020-5-21 15:56
BitMEX Promises Full Investigation into Outage of its Trading Engine
The Bitmex trading engine went offline for the better part of an hour before an update announced the exchange was back online and that user funds were safe. Bitmex, one of the leading Bitcoin derivatives exchange platforms, went offline for about 45 minutes on May 19th. дальше »
2020-5-21 13:49
Bakkt Announces $500M Crypto Custody Insurance and Onboards 70 New Clients
Bakkt partners with insurance firm Marsh to expand its insurance coverage. Bitcoin futures platform, Bakkt, has announced it is extending institutional custody insurance coverage. The platform, unveiled in August 2018, offers a custodial solution for ICE’s Bitcoin futures exchange and has also struck a partnership with Marsh, a well-established insurance broker. дальше »
2020-5-21 18:54
Bitcoin Price could hit $50K Analyst Says
Price is already bottomed and won’t drop below $6,000 analyst claims, and describes buying spree of Bitcoin by institutions as a “land grab. ” Adamant Capital founder, Tuur Demeester, has asserted that Bitcoin’s price has already bottomed out. дальше »
2020-5-21 16:50
Bitcoin’s Sentiment Score Hits Highest Level Since 2017
Bitcoin has been increasingly presented in a positive light, data on digital assets from The TIE shows. The sentiment score for Bitcoin has soared to its highest level since the 2017 price rally that saw its all-time high at $20k. дальше »
2020-5-21 14:25
Square’s Cash App Unveils Automatic Recurring Bitcoin Purchases
The new feature allows Cash App users to set automatic orders to buy Bitcoin on a daily, weekly or bi-weekly basis. Square CEO, Jack Dorsey, has announced that Cash App now has a feature that allows users to execute automatic and recurring Bitcoin purchases. дальше »
2020-5-19 12:29
Bitcoin Close to $10,000 level as Gold hits a Seven-Year High
Bitcoin’s price has retracted after coming close to breaching $10,000, while a positive outlook from the Federal Reserve comes as Gold hits its highest price level in seven years Bitcoin came close to breaching $10,000 in early morning trading on Monday, as buyers pushed the coin to $9,966 on Bitstamp. дальше »
2020-5-19 17:48
The Battle of Decentralized Finance (DeFi) Continues As Bitcoin Takes Over Ethereum
The amount of Ether locked in decentralized applications (DeFI) has been on a constant decline since hitting the peak at 3. 2 million ETH in February. In the past three months, the amount of ETH locked dropped almost 19% and over 7% in less than a week. дальше »
2020-5-17 20:50
FTX to Launch a new Bitcoin Hash Rate Futures Contract to Trade
FTX’s new hash rate futures contract will track Bitcoin’s mining difficulty and allow traders to trade hash changes Crypto derivatives platform FTX has today announced the launch of a new futures product that leverages the mining difficulty of Bitcoin. дальше »
2020-5-15 17:58
60% of Coinbase’s Customers Buy Bitcoin First Before Moving into Altcoins
Investors who purchase their first digital asset on Coinbase buy Bitcoin, but a majority then move on to purchase other cryptocurrencies, a report by the US-based crypto exchange shows Bitcoin provides a gateway to the altcoin market for a majority of investors who buy Bitcoin as their first digital asset, Coinbase has revealed in a […] The post 60% of Coinbase’s Customers Buy Bitcoin First Before Moving into Altcoins appeared first on Coinjournal. дальше »
2020-5-15 12:47
Bulls Take Control Despite Bitcoin Erasing 15% in the Pre-Halving Crash
Post-halving prices have stabilised below $8,700. The weekend before the halving, Bitcoin crashed 15% and touched $8,100 and has since struggled to breach $9,000 Bitcoin’s price crashed 15% in the days before the halving and appeared to be hovering below $8,700 afterwards. дальше »