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Tesla to Halt Bitcoin Payments due to ‘Environmental Concerns’
Automotive company Tesla has suspended the use of bitcoin to purchase its vehicles, Chief Executive Officer Elon Musk said in a tweet on Wednesday, citing the vast amounts of electricity needed to “mine” the cryptocurrency. дальше »
2021-5-13 11:50 | |
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Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues
Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel. дальше »
2021-5-13 01:47 | |
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Palantir CFO claims the firm is mulling adding crypto to its balance sheet
Palantir, an American software firm that specializes in big data, is contemplating adding Bitcoin (BTC) to its balance sheet. A report unveiled this news on May 11, citing the firm’s Chief Financial Officer, David Glazer, who shared this bullish during the company’s Q1 earnings call. дальше »
2021-5-13 21:26 | |
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E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’
Ebay, which has 187 million buyers on its platform, is now allowing the sale of non-fungible tokens (NFTs), the company has announced. Ebay says: “This is only the beginning. This initial rollout will help us learn more about what’s important to our community. дальше »
2021-5-12 00:30 | |
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PayPal CEO praises crypto after surpassing Q1 earnings expectations
Dan Schulman, the CEO of payment giant PayPal, has come out to tout crypto following the firm’s exemplary performance in Q1, this year. A report unveiled this news on May 6, citing an earnings call, in which Schulman noted that PayPal’s crypto dealings helped push its earnings higher than expected. дальше »
2021-5-7 21:48 | |
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XRP lawsuit update: Ripple execs oppose SEC's motion for 'enlargement' citing impropriety
It would seem that the lawsuit between Ripple and the United States Securities and Exchange Commission is a long way from resolving itself. Within days of the regulatory agency filing a letter motion The post XRP lawsuit update: Ripple execs oppose SEC's motion for 'enlargement' citing impropriety appeared first on AMBCrypto. дальше »
2021-5-4 16:00 | |
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Bill Maher Mocks Bitcoin, Citing Warren Buffett, Bill Gates, Nassim Taleb
American comedian and television host Bill Maher mocked bitcoin and other cryptocurrencies, including dogecoin, on his show Friday. He quoted several bitcoin critics: Berkshire Hathaway CEO Warren Buffett, Microsoft founder Bill Gates, and “The Black Swan” author Nassim Taleb. дальше »
2021-5-3 05:30 | |
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Venture Capital Giant Is Planning to Raise $1 Billion to Invest In Cryptocurrencies and Startups
Andreessen Horowitz, a venture capital giant, is looking to raise as much as $1 billion in cryptocurrencies and crypto startups. This new fund aims to raise between $800 million and $1 billion from investors, reported the Financial Times, citing people familiar with the matter. дальше »
2021-5-2 15:34 | |
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Shark Tank’s Kevin O’Leary Says ‘Bitcoin Will Always Be the Gold,’ Citing Interest From ‘All Kinds of Institutions’
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, says “Bitcoin will always be the gold,” outperforming other cryptocurrencies, such as ethereum, in the long run. He said “there are interests being brought out of all kinds of institutions” for bitcoin. дальше »
2021-5-1 05:30 | |
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Uzbekistan presidential agency mulls lifting the ban on crypto trading
The National Agency for Project Management under the President of the Republic of Uzbekistan (NAFT) is contemplating lifting the ban on crypto trading in the country. A report unveiled this news on April 30, citing an official document that the agency issued. дальше »
2021-5-1 17:23 | |
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Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC
Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least. дальше »
2021-4-30 05:30 | |
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SBI CEO claims Ripple intends to go public after the SEC lawsuit
Yoshitaka Kitao, the CEO of leading Japanese financial firm SBI Group, has come out to say that Ripple will go public after the ongoing SEC lawsuit. A report unveiled this news on April 29, citing Kitao’s speech during an earnings presentation call. дальше »
2021-4-30 16:36 | |
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Bitcoin’s Time is Done Says Investment Chief, Citing Dated Technology
Bitcoin is now 12 years old. Although it has managed to fend off all newcomers to date, its time at the top may be coming to an end. That’s according to Fahad Kamal, the Investment Chief at private bank Kleinwort Hambros. дальше »
2021-4-30 15:00 | |
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Google Searches for ‘Bitcoin’ Hits New High in Turkey Following Ban on Crypto Payments
The search for “Bitcoin” on Google has soared to a new all-time high in Turkey following the ban on cryptocurrency payments in the country. A few days ago, the government placed a blanket ban on all use of cryptocurrency for payment in the country, citing concerns over the security of users’ funds. However, the ban […] дальше »
2021-4-25 14:27 | |
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Turkey's fourth-largest crypto-exchange shuts down citing 'intense transactions'
Cryptocurrency users in Turkey have received yet another blow within days after Vebitcoin, the fourth-largest crypto exchange in the country, collapsed. The crypto-exchange today announced that it wilThe post Turkey's fourth-largest crypto-exchange shuts down citing 'intense transactions' appeared first on AMBCrypto. дальше »
2021-4-24 12:30 | |
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Another Exit scam? Exchange founder flees the country, while users claim funds have been stolen
Bitcoin tumbled more than 4% on Friday after news broke out that Turkey’s central bank banned the use of cryptocurrencies and crypto-assets for purchases citing possible “irreparable” damage andThe post Another Exit scam? Exchange founder flees the country, while users claim funds have been stolen appeared first on AMBCrypto. дальше »
2021-4-22 15:26 | |
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Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage
The moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. дальше »
2021-4-17 00:30 | |
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Microstrategy Will Now Pay Board of Directors in Bitcoin as Treasury Grows to Nearly 100K BTC
Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as a store of value, supported by a robust and public open-source architecture, untethered […] дальше »
2021-4-12 17:15 | |
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Spanish Island Government Decides to Sell Its Bitcoin Investment by Citing ‘Ethical’ Reasons
Bitcoin is not liked by everyone from the Island Council of Tenerife, Spain. At least that’s what was suggested by its president, Pedro Martín, who ordered the sale of the local government’s investment in cryptocurrency. дальше »
2021-3-30 07:30 | |
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Ark Invest CEO Makes a Bullish Reveal About Bitcoin’s Market Cap
CEO of asset management company Ark Invest, Cathie Wood, previses a favorable future for Bitcoin, citing its limited supply and increasing demands as major catalysts. The American star stock picker mentions this in a video, stating, “if we add all the potential demand relative to the limited supply, we come up with incredible numbers over […] дальше »
2021-3-29 23:21 | |
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Leading financial services provider Fidelity set to launch a BTC ETF
Fidelity Investments, a renowned financial services provider, is gearing up to roll out a Bitcoin (BTC) exchange-traded fund (ETF). A report unveiled this news on March 25, citing an official filing with the US securities exchange commission (SEC). дальше »
2021-3-25 20:14 | |
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Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a regulatory framework for stablecoins. дальше »
2021-3-21 04:30 | |
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The Pakistani province of Khyber Pakhtunkhwa aims to pilot crypto mining
Khyber Pakhtunkhwa, a province in Pakistan, is gearing up to build two hydroelectric-powered pilot crypto mining farms. A report unveiled this news on March 18, citing a minister supervising a newly-developed government crypto policy committee. дальше »
2021-3-19 04:38 | |
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US bank Morgan Stanley to launch three Bitcoin funds
Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing two people with knowledge of the matter. дальше »
2021-3-18 18:00 | |
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Citing Facebook’s Trajectory, Pundit Says Trillion-Dollar Chainlink Market Cap Is “Doable”
Chainlink (LINK) took the crypto space by storm in 2020. After rising to a high of almost $20, it rose to become the 5th largest coin by market cap. Although it has since dropped to the tenth position, analysts remain hopeful about its future. дальше »
2021-3-12 12:17 | |
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Ripple, MoneyGram end partnership citing 'lack of crypto reg framework'
Ripple and MoneyGram have ended their partnership agreement, according to an announcement made earlier today. However, according to Ripple CEO Brad Garlinghouse, the two parties remain "committed to rThe post Ripple, MoneyGram end partnership citing 'lack of crypto reg framework' appeared first on AMBCrypto. дальше »
2021-3-9 08:15 | |
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Crypto Exchange Bybit Suspends Trading for UK Customers Due to FCA Derivatives Ban
Crypto exchange platform Bybit is set to cease operations for UK-based customers citing the recent regulations issued by the regulator in regards to crypto derivatives. In an official announcement, the firm stated that it would end its services to UK customers on March 31. дальше »
2021-3-7 23:14 | |
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Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion
The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter. дальше »
2021-3-5 21:35 | |
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Ripple CEO files motion to dismiss SEC complaint citing 'abuse of prosecutorial discretion'
Ripple CEO Brad Garlinghouse has filed a motion to dismiss the SEC’s amended complaint against him, calling it "regulatory overreach." The exec took to Twitter to announce his position on the SECThe post Ripple CEO files motion to dismiss SEC complaint citing 'abuse of prosecutorial discretion' appeared first on AMBCrypto. дальше »
2021-3-4 10:10 | |
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Ripple is committed to San Francisco, says co-founder Chris Larsen
In October last year, Ripple co-founder Chris Larsen said that the firm may consider relocating to other countries citing the lack of regulatory clarity in the United States. Since then, many have speThe post Ripple is committed to San Francisco, says co-founder Chris Larsen appeared first on AMBCrypto. дальше »
2021-3-4 00:30 | |
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State Bank of India joins JP Morgan to use its blockchain-based payment network
The State Bank of India (SBI) has joined hands with JP Morgan in a deal that will see it use the US bank’s blockchain-powered payment network, Liink. A report unveiled this news on February 23, citing sources familiar with the matter. дальше »
2021-2-24 21:36 | |
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Billionaire Bitcoin investor backs away from California governor bid
Citing the need to focus on business, venture capitalist Chamath Palihapitiya has put his political aspirations on hold.
дальше »2021-2-5 07:57 | |
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PayPal unveils plans of investing in a new crypto-focused business unit
PayPal is planning to invest in a new dedicated business unit that deals with crypto and digital currencies. A report disclosed this news on February 3, citing sources familiar with the organization’s operations. дальше »
2021-2-4 13:44 | |
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Anthony Pompliano Calls Trading Halts “Un-American”
Morgan Creek Digital Assets founder Anthony Pompliano recently spoke on CNBC. The Bitcoin maximalist discussed his thoughts on the recent developments within the stock market. Several stock brokers stopped the trading of certain stocks on Thursday citing extreme volatility. дальше »
2021-1-31 21:11 | |
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Voyager Goes Down, Citing New Client Demand
Voyager announced on Twitter that it had experienced an issue with demand on the Voyager application, which had customers panicking. However, the company reiterated that funds were safe and it was simply a matter of upgrading their system to handle the influx in volumes. дальше »
2021-1-30 15:01 | |
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Binance suspends withdrawals citing 'increased requests from new users'
Binance, the world’s largest crypto-exchange by volume, has announced that it will be suspending withdrawals temporarily in order to address a large increase in "requests from new unique users." The post Binance suspends withdrawals citing 'increased requests from new users' appeared first on AMBCrypto. дальше »
2021-1-29 15:10 | |
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Bitcoin Is Better Classified As A Risk Asset – JPMorgan
Bitcoin hasn’t behaved properly over the last years, says a team of strategists at JPMorgan Chase. Citing this reason, the team opines that Bitcoin is, in fact, more of a risk asset as opposed to the popular belief that it’s a totally safe bet for investors. дальше »
2021-1-28 01:43 | |
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Top US university endowments have been buying BTC for a year
The endowment funds of several Ivy League universities have been purchasing crypto directly from Coinbase Exchange, among other exchanges, for more than a year now. A report unveiled this news on January 26, citing two sources familiar with the matter. дальше »
2021-1-27 15:00 | |
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Sci-Hub Leaves Handshake Blockchain After 2 Days, Citing Centralization Concerns
Sci-Hub, a pirate library of academic papers censored by Twitter, PayPal and domain systems, left the distributed domain platform Handshake after two days, unsatisfied by the level of decentralization. дальше »
2021-1-14 20:56 | |
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