Tagged: bitcoin investments

November 23, 2020 @ 7:44 am By Omar Faridi  |  

Paypal (NASDAQ: PYPL) has reportedly acquired as much as 70% of all the newly mined Bitcoin (BTC) since the payments company began allowing users to purchase digital currencies. These estimates have been provided by Pantera Capital, a prominent hedge fund management firm. The company published… Read More

November 22, 2020 @ 2:55 pm By Omar Faridi  |  

The Antminer S19 Pro price has surged around 30% since October 2020 after the Bitcoin (BTC) price began to rise. As confirmed by the HASHR8 team, the Bitcoin price increases have “widened profit margins for miners but capital expenditure costs are also rising.” John Lee… Read More

November 22, 2020 @ 11:50 am By Omar Faridi  |  

Bitcoin (BTC), the world’s leading digital currency that’s trading at over $18,000, has become less volatile than many S&P 500 stocks. The team at VanEck, a New York-based investment management firm, has noted: “Historically, Bitcoin has been discussed in the news and among investors as… Read More

September 20, 2020 @ 2:19 pm By Omar Faridi  |  

Yassine Elmandjra, an analyst at ARK Investment Management, a company that invests in Fintech projects and other next-generations technologies, says that Bitcoin’s (BTC) blockchain will “contribute more dramatically and profoundly to the evolution of monetary and financial systems than any other breakthrough in history.” Elmandjra,… Read More

September 7, 2020 @ 8:08 am By Omar Faridi  |  

ARK Invest, an established institutional investor in Bitcoin (BTC), the flagship cryptocurrency, states that it believes the digital asset is “creating the possibility of a global monetary system controlled not by nation-states but by individuals.” ARK Invest notes in a comprehensive report that by “eliminating… Read More

August 13, 2020 @ 9:44 pm By Omar Faridi  |  

Mike Belshe, the CEO at BitGo, a Palo Alto, California-based digital asset trust and security firm offering a multi-signature Bitcoin (BTC) wallet service, recently noted that many companies are now going out of business due to challenges related to COVID-19. Belshe points out that there… Read More

August 7, 2020 @ 7:14 pm By Omar Faridi  |  

North America is reportedly the third-most active region in terms of the total cryptocurrency volume moved or transferred on-chain, right behind Western Europe and East Asia. According to a Chainalysis blockchain and digital asset market report: “Overall, North America-based [cryptocurrency] addresses accounted for 14.8% of… Read More

July 11, 2020 @ 9:46 am By Omar Faridi  |  

There are currently more than 13,000 Bitcoin addresses that are now holding at least $1 million worth of BTC, according to Glassnode data. You would have to own around 108 BTC, at current prices, to become a US dollar millionaire (in Bitcoin). The number of… Read More

July 5, 2020 @ 12:30 pm By Omar Faridi  |  

Millennials, who are people born in the early 80s to the mid-90s, have increasingly been adopting smartphone-based Fintech apps offered by Robinhood and innovative digital banks like Revolut. In addition to more actively managing their finances through the latest technology when compared to older generations,… Read More

June 30, 2020 @ 4:17 pm By Omar Faridi  |  

Feyyaz Alingan, the Founder of Blue Alpine Research, a Switzerland-based research firm focused on digital assets, has pointed out several “alternatives” to Bitcoin (BTC). Alingan, an electrical engineering graduate from ETH Zürich, says that Ethereum (ETH) may be considered a Bitcoin alternative. He notes that Ethereum’s… Read More

November 21, 2018 @ 5:21 pm By Cali Haan  |  

Colorado has been particularly active in its pursuit of questionable initial coin offerings (ICOs) projects being marketed and made available to Colorado state residents. Now a release from the local securities regulator says the region’s Securities Commissioner, Gerald Rome, has signed cease and desist orders against… Read More

August 29, 2018 @ 10:30 am By Cali Haan  |  

Three companies ordered by the Colorado Securities Commissioner Gerald Rome to justify their ICOs (initial coin offerings) in a live hearing before commissioners August 24th failed to appear, according to notice by the Colorado Department of Regulatory Agencies. Expectations are there likely won’t be another hearing…. Read More