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Why GameStop’s Meteoric Stock Rise Is Bullish For Bitcoin

The recent 92.7% upsurge in GameStop’s (NYSE: GME) stock has been making rounds in the fintech community, and as expected the Bitcoiners didn’t fail to chime in. The rally began on Tuesday when Redditors from the r/WallStreetBets Reddit community ignited a campaign that sent the stock to the rooftop. Elon Musk who later joined in […] дальше »

2021-1-29 22:33


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BofA Survey Shows “Long Bitcoin” Is the Most Crowded Trade

In a recent survey conducted by the Bank of America (BofA), “long bitcoin” toppled “long tech” as the most “crowded trade”. Asset Fund Managers Favor Bitcoin According to Reuters on Tuesday (Jan  19, 2021), the BofA’s fund manager survey (FMS) for January 2021 revealed that 36 percent of FMS investors surveyed ranked long bitcoin betRead More дальше »

2021-1-21 16:00


Sovryn Launches DeFi Platform on RSK Bitcoin Sidechain; Decentralized Lending And Trading Tools

New decentralized lending and trading platform launches with a focus on the top cryptocurrency, Bitcoin (BTC), rather than the conventional Ethereum-based applications. Sovryn, a decentralized platform built and operating on Bitcoin’s RSK sidechain, announced the launch of its public chain this Tuesday, aiming to bring a full Bitcoin suite to the DeFi world. дальше »

2020-12-17 00:07


Stablecoins Printed About $5 Billion During Bitcoin’s 80% Run-Up In Q4

After the March sell-off, Bitcoin has been slowly making its way up and it has been in Q4 of 2020 that it fully rocketed. In early October, BTC was trading around $10,500 when it went on a tear, climbing to $19,965 on Tuesday, a level that was only seen on a few cryptocurrency exchanges during […] The post Stablecoins Printed About Billion During Bitcoin’s 80% Run-Up In Q4 first appeared on BitcoinExchangeGuide. дальше »

2020-12-2 19:19


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Coinbase Says It Brokered Microstrategy’s Influential $425 Million Bitcoin Buy

U. S. crypto exchange Coinbase said Tuesday that it brokered Microstrategy’s $425 million bitcoin purchase earlier this year. Until now, it has not been clear who facilitated the deal. Microstrategy’s first bitcoin (BTC) haul of $250 million bought in August was executed over five days, Coinbase revealed in a case study of the transactions. дальше »

2020-12-2 08:30


CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading

Cryptocurrency exchange Coinbase is disabling its margin trading product in order to comply with the new rules set by the Commodity Futures Trading Commission (CFTC). CFTC’s Rules Affecting Margin Trading Offerings Coinbase’s chief legal officer, Paul Grewal, explained in a blog post on Tuesday: In response to new guidance from the Commodity Futures Trading Commission, […] The post CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading appeared first on Bitcoin News. дальше »

2020-11-25 15:30


SoftBank CEO Sold his $200 Million Bitcoin Investment in 2018 Because He Couldn’t Stop Price Watching

Every Bitcoiner knows this feeling. And we can relate to Masayoshi Son, the founder, and chief executive of SoftBank. But what we can’t relate to is that he still does not understand Bitcoin. At the DealBook Online Summit on Tuesday, Son, who has made billions from his bets that involves an early investment in Alibaba, […] The post SoftBank CEO Sold his 0 Million Bitcoin Investment in 2018 Because He Couldn’t Stop Price Watching first appeared on BitcoinExchangeGuide. дальше »

2020-11-23 16:19


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‘Control the Pandemic’ – Fed Chair Jerome Powell Predicts the Entry of a ‘Different Economy’

Federal Reserve Chair Jerome Powell told participants at the Bay Area Council Business Hall of Fame Awards Ceremony on Tuesday that the economy will never be the same after Covid-19. According to Powell, the use of accelerated technology will change the way the global economy operates as his commentary was quite similar to the recent […] The post ‘Control the Pandemic’ – Fed Chair Jerome Powell Predicts the Entry of a ‘Different Economy’ appeared first on Bitcoin News. дальше »

2020-11-19 08:05