Ethereum Will Outperform Bitcoin As A Transition in Storing Wealth Will Happen Beyond BTC: Pantera Capital CEO

Ether will outperform Bitcoin, said Pantera Capital CEO Dan Morehead at the Reuters Global Markets Forum on Monday. Still, Morehead sees Bitcoin ending 2021 between $80k and $90k, only to rise above $120k within a year. дальше »

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Homeowner Prefers Dogecoin (DOGE) as Payment for Purchase of Property

A man from Utah is looking to sell his home for around $400,000 but prefers to receive payment in dogecoin instead of fiat. DOGE Payment for Property Sale According to Fox 13 on Sunday (August 1, 2021), Scott Paul, who is trying to sell his home in Saratoga Springs for $399,000, has said that heRead More дальше »

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Bank Of America Sees Four Upsides In El Salvador’s Bitcoin Adoption

Bank Of America has said that it sees how El Salvador’s adoption of Bitcoin could help the Island country. President Bukele Agrees With Bank Of America President Nayib Bukele of El Salvador, a Central American country, tweeted yesterday screenshots of a Bank of America economic outlook report (BofA). Along with explaining why the bank is […] дальше »

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Chief Market Strategist Watching Possible W-Bottom Formation In Ethereum

According to a chief market strategist, Ethereum could form a possible w-bottom, an indicator that usually suggests a bull market. Strategist: Ethereum Might Form A “Higher High” In a call with MarketWatch, Matt Maley has said that ETH could be moving in a bullish direction if certain conditions are met. дальше »

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“Completely False And Inaccurate,” Says Saudi Aramco About Bitcoin Mining Rumors

On Monday, Oil giant Saudi Aramco, which has a market cap of $1.86 trillion, denied reports of it planning to begin Bitcoin mining. The rumors were first sparked by Brazilian bitcoin miner Ray Nasser who reportedly said in an interview that he is “negotiating with Aramco,” which has enough flared gas to power half of […] The post “Completely False And Inaccurate,” Says Saudi Aramco About Bitcoin Mining Rumors first appeared on BitcoinExchangeGuide. дальше »

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Tether CTO Denies USDT Issuance Stopped for Two Consecutive Months

Tether CTO Paolo Ardoino said that USDT is still seeing issuance, with $100 million of the stablecoin being issued recently. The post Tether CTO Denies USDT Issuance Stopped for Two Consecutive Months appeared first on BeInCrypto. дальше »

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Asset Management Firm GoldenTree Reportedly Purchases Bitcoin (BTC)

Asset manager GoldenTree is reportedly the latest firm to add bitcoin (BTC) to its balance sheet, a report by financial news outlet The Hill says. GoldenTree Purchases Bitcoin (BTC) GoldenTree, a New York-based asset management firm has reportedly added the premier cryptocurrency bitcoin to its balance sheet. дальше »

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MSTR Stocks Are A “Leverage Long” Bet on Bitcoin, says MicroStrategy CEO Michael Saylor

“We've been very intelligent about the way we put together the leverage,” said Michael Saylor, who is not interested in diversifying into other cryptos because he believes “holding Bitcoin for the long term is the highest upside lowest risk strategy” he can pursue. дальше »

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Where does Ireland's Central Bank Gov. stand on the crypto-regulatory debate

"As things stand today, the negatives surrounding crypto far outweigh any benefits," said the Governor of Ireland's Central bank, Gabriel Makhlouf. This position was made clear by the Governor whilThe post Where does Ireland's Central Bank Gov. дальше »

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Crypto “Presents An Interesting Opportunity For Robinhood,” Clear Interest In The Asset Class

“I think it’s becoming a more and more widely accepted asset class,” said Robinhood co-founder Vlad Tenev pointing to the institutions taking a bigger role in crypto and being “an accelerant potentially for international expansion. дальше »

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Mastercard: ‘Deceleration’ In Crypto Purchases In The Last 3 Weeks But “Clearly, People Want To Invest”

Crypto is a relevant technology, and as a multi-rail player, Mastercard got to be in this space because people are looking for answers, said CEO Michael Miebach at the company's Q2, 2201 earnings call. дальше »

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Bitcoin Miners Consider Relocating to Paraguay In Wake of China Ban

As many as eight China-based Bitcoin mining firms are said to be looking to relocate operations to Paraguay, home to abundant hydroelectric energy. дальше »

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Okcoin secures regulatory approval in Malta and the Netherlands

CEO Hong Fang said Okcoin was focused on Europe as part of the firm's global growth plans.

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Crypto Lender BlockFi Sees Stay Of Execution In Ongoing BIA Saga

The New Jersey Bureau of Securities has extended the deadline given to BlockFi to stop offering the BlockFi Interest Account (BIA) in the state. This was revealed by BlockFi CEO Zac Prince. NJ Regulators Postpone Deadline To September In a blog post, the BlockFi boss said the firm had been given until September 2 before […] The post Crypto Lender BlockFi Sees Stay Of Execution In Ongoing BIA Saga first appeared on BitcoinExchangeGuide. дальше »

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PayPal to Launch Bitcoin Trading in UK

PayPal is expanding the ability to buy bitcoin to the United Kingdom according to PayPal’s CEO Dan Schulman. In an earnings call, he said: “We’re going to launch, hopefully, maybe... дальше »

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Paypal Reports “Strong Adoption & Trading Of Crypto” In Q2; Currently Working On Allowing Transfers To Third-party Wallets

CEO Dan Schulman “really pleased with the momentum… on crypto” but said it isn't the main course as they are onto what the next generation of the financial system looks like in terms of CBDC, smart contracts, and interesting DeFi applications. дальше »

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Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis

Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets.

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PayPal's crypto 'super app' set to roll out soon

Dan Schulman said the project was already "code complete" and planned to be fully ramped in the United States in the next several months. дальше »

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Multiverse secures $15M investment from Samsung Next, leading blockchain VCs

“Ideas have value,” said Cliff Szu, co-founder of Multiverse Labs. “[O]ur overriding goal is to help people with great ideas to discover the true value of their innovations and inventions.” дальше »

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Biden Administration Ponders Crypto Approach

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Coca-Cola officially gets into NFTs for charity

“Each NFT was created to celebrate elements that are core to the Coca-Cola brand, reinterpreted for a virtual world in new and exciting ways,” said Selman Careaga. дальше »

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Bitcoin rewards app Lolli closes a $10M investment round

Acrew Capital, Lolli’s primary backer during the raise, said the app is well-positioned to boost Bitcoin adoption in the long run. дальше »

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Binance Vows To Seek Licensing Approval And Increase KYC Compliance With Regulators Globally

Binance has launched a global campaign to obtain licensing from local regulatory authorities including in Asia-Pacific, EMEA, and Latin America, according to the exchange’s CEO ChangPeng Zhao (CZ). CZ said on Twitter that the exchange held an hour-long press conference to share the active steps it’s taking to build on compliant efforts with local financial regulators […] дальше »

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Vontobel's wealthy clients are interested in crypto, says CEO

The Swiss bank said some of the firm’s clients are allocating part of their portfolios to crypto.

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Privacy-Threatening Flaw Discovered in Monero’s (XMR) Wallet Code

An investigation by Justin Berman, a software developer interested in the “intersection of finance and cryptography,” has discovered a significant bug in Monero’s wallet code. The Bug in Monero’s Wallet Code In a Twitter thread on July 27, Monero developers said the bug impacted the network’s decoy selection algorithm. дальше »

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Tesla Reported No Changes in Digital Assets in Q2 But Recorded A Bitcoin-Related Impairment of $23 Million

Tesla has posted a bigger second-quarter profit than expected, and unlike the Q1, this time, there were no changes in digital assets. As the CEO of the electric car maker, Elon Musk, said last week at the B-Word conference, he “might pump,” but he does “not dump. дальше »

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Wilshire Phoenix Co-founder Says SEC Could Approve First Bitcoin ETF in 2023

William Cai, co-founder of the New York-based investment firm Wilshire Phoenix said that investors in the United States may have to wait till 2023 before regulators approve a Bitcoin ETF.  US Might not get Bitcoin ETF in 2021 According to Business Insider on Sunday (July 25, 2021), Cai said that the US Securities and ExchangeRead More дальше »

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Early crypto exchange boss says China remains 50/50 on outright Bitcoin ban

The co-founder and former CEO of crypto exchange BTCC, Bobby Lee, said Beijing could move to ban Bitcoin entirely. The post Early crypto exchange boss says China remains 50/50 on outright Bitcoin ban appeared first on CryptoSlate. дальше »

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South Korea Proposing Revision of Tax Code to Allow the Confiscation of Crypto Assets of Tax Dodgers

South Korea is now considering tightening its crackdown on tax evasion by cryptocurrency investors and high-income earners, said the finance ministry on Monday. The government is proposing to revise tax codes that will allow tax authorities to seize tax dodgers’ crypto assets even if they are held in digital wallets, starting next year. дальше »

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Robinhood Considering Offering US Retirement Accounts (IRAs), Which Are Holding $12.6 Trillion

“We see evidence that the majority of our customers are primarily buy and hold,” said Robinhood CEO Vlad Tenev on a webcast over the weekend. The post Robinhood Considering Offering US Retirement Accounts (IRAs), Which Are Holding . дальше »

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Amazon plans to accept Bitcoin payments this year, claims insider

“It begins with Bitcoin,” an anonymous insider said in describing Amazon’s intent to enter the cryptocurrency payments arena.

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Can Bitcoin, Ethereum, Or Dogecoin Break The GameStop Puzzle? Crypto Users Chime In

The debacle of the GameStop situation has sparked arguments in favor of decentralized finance (DeFi) protocols recently.   Proponents of DeFi protocols have said that the information asymmetry and censorship that resulted in investors losing their investments would have not occurred on DeFi platforms. дальше »

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Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support

The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K handle in contrast to the $20K support range. […] дальше »

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No, El Salvador Is Not Rising En Masse Against The Bitcoin Law

According to El Mundo, an El Salvadorian daily newspaper, protesters gathered on Tuesday to demand the Bitcoin law be repealed. During the gathering, one of the protest leaders said ordinary folk on minimum wage are particularly affected by Bitcoin’s wild, volatile swings. дальше »

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Goldman Sachs Survey Shows Ultra-Wealthy Families Are Increasingly Looking To Make Bets On Bitcoin

According to a Goldman Sachs survey on their family offices clients, there is growing acceptance and interest in adopting Bitcoin. The prominent investment bank said its survey on 150 ultra-wealthy families, which it deals with globally, revealed that about 15% of them had already invested in cryptocurrencies while another 45% admitted having plans to do […] дальше »

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Reddit deploys layer-2 solution aimed at scaling Ethereum-based community points

“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons every month,” said Reddit if the solution is migrated to the Ethereum mainnet. дальше »

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Reddit Is Building on Ethereum Scaling Solution Arbitrum

Reddit has announced that it is scaling Community Points with Ethereum scaling solution Arbitrum. The social media network said it deployed a new Layer-2 rollup on Thursday using Arbitrum technology. дальше »

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SEC Commissioner concerned about the US lagging behind global Bitcoin ETFs

“We’re not a merit regulator, so we shouldn’t be in the business of deciding whether something is good or bad,” SEC Commissioner Hester Peirce said. дальше »

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Binance US ‘looking at IPO route,’ CZ says

Binance is set to face heavy regulations in the future with the mindset of shifting from a tech startup to a financial service, Changpeng Zhao said. дальше »

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‘Buy now pay later’ firm Zip plans to offer crypto trading in Australia and the US

“We know our younger generation of customers seek additional products and services that are relevant to them,” said Zip co-founder Peter Gray. дальше »

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Bitcoin could fall to $15,000, says Guggenheim chairman who predicted 50% dip in May

Scott Minerd, chairman and chief investment officer of asset management giant Guggenheim Investments, said the crypto market’s ongoing slump is still far from over as Bitcoin could slide as low as $15,000. дальше »

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John McAfee’s Widow Is Still Extremely Skeptical of Her Husband’s Alleged Suicide

Following a report from John McAfee’s biographer, the former antivirus tycoon’s widow Janice McAfee has taken to social media to disclose a number of findings. During the first week of July, McAfee published a note that said there was “no sense of urgency” toward the investigation into John’s death by Spanish authorities. A week later, […] дальше »

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Australian ‘Buy Now, Pay Later’ Firm Looking to Allow Users to Trade Crypto on Customer Demand

Zip Co Ltd, an Australian buy now, pay later (BNPL) firm, explores the option to allow its users to trade cryptocurrencies. Trading in crypto using Zip digital wallets was one of most requested new product features from users, said co-founder Peter Gray on Thursday. дальше »

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Stock Tokens, Even on Decentralized Platforms, Must Adhere to Securities Laws: SEC Chair

The US Securities and Exchange Commission (SEC) is renewing its efforts to impose “long overdue” rules for the registration and regulation of security-based swap execution facilities, including tokenized stocks, said Chair Gary Gensler on Wednesday. дальше »

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Elon Musk Reveals Spacex Owns Bitcoin, He Personally Owns BTC, Ethereum, Dogecoin — ‘I Might Pump but I Don’t Dump’

Spacex and Tesla CEO Elon Musk has revealed that he personally owns bitcoin, ethereum, and dogecoin. Meanwhile, his companies, Spacex and Tesla, own bitcoin. He also said that bitcoin’s energy usage “is shifting a lot more toward renewables,” and Tesla will likely resume accepting the cryptocurrency after he does more due diligence. дальше »

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Crypto CEO Unfolds How Bitcoin Is Likely To Go From $100,000 to a $300k Price Point

Several analysts have already predicted that institutional investors pouring money into Bitcoin may be the push the market needs to recover from the current slump. Notably, the last surge Bitcoin had before it plunged and lost over 50% of its value has been said to be largely owing to interest from institutional investors, by several […] дальше »

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SpaceX Bought Bitcoin

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Grayscale CEO Michael Sonnenshein: Investors Are Not Waiting to Add Cryptocurrencies to Their Portfolios

Grayscale CEO Michael Sonnenshein said investors are not waiting to add cryptocurrencies to their portfolios дальше »

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Elon Musk says Bitcoin may have already hit his benchmark on renewable energy

"I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend towards increasing that number," said the Tesla CEO. дальше »

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Elon Musk Says Tesla Will “Most Likely” Resume Accepting Bitcoin (BTC)

Tesla CEO Elon Musk hints the company might resume accepting bitcoin (BTC) payments. Tesla Could Resume Accepting Bitcoin Speaking at the B-Word Conference, alongside Ark Invest CEO, Cathie Wood, and Twitter CEO, Jack Dorsey, Musk said the EV firm “will most likely” resume accepting the premier cryptocurrency for purchases. Musk said: “It looks like bitcoinRead More дальше »

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