Tagged: bitcoin

January 20, 2020 @ 4:46 pm By Omar Faridi  |  

UK-based Fintech Zeux has introduced a safe, Easy Access Money Pot, which is a mobile-based platform that awards app users 5% interest (at the annual equivalent rate or AER). The Easy Access Money Pot, which aims to be an alternative to traditional savings accounts, has… Read More

January 18, 2020 @ 9:35 am By Omar Faridi  |  

Bitcoin (BTC) derivatives trading volumes are again approaching record-level highs this month as open interest keeps increasing. CME Group Inc (Chicago Mercantile Exchange & Chicago Board of Trade) data reveals that as of January 16, 2020, open interest for the exchange’s futures products reached 5,328… Read More

January 17, 2020 @ 8:13 am By Omar Faridi  |  

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG) and the largest institutional holder of Bitcoin (BTC), has published its Digital Asset Investment Report, which highlights the firm’s record-setting investment activity from last year. The report also includes important information about Grayscale’s activity during… Read More

January 14, 2020 @ 12:30 am By Omar Faridi  |  

Ember Fund is a company that aims to fundamentally change the way people make investments in digital assets. The firm has created a technology solution that allows people to easily buy into a managed portfolio of digital currencies. The Ember Fund team intends to bring… Read More

January 13, 2020 @ 4:18 pm By Cali Haan  |  

Bitmain, one of the world’s largest manufacturers of cryptocurrency mining hardware, says it is reducing staff in order to head off a revenue squeeze that could occur when Bitcoin “halves” in May, Sina reports. Although, “the company is now operating normally and the cash flow… Read More

January 5, 2020 @ 11:33 pm By Samantha Hurst  |  

Burger King in Venezuela will soon be allowing Bitcoin as a form of payment. According to Cointelegraph, a single Burger King branch, which is located in the Sambil area of Caracas, now accepts Bitcoin as well as altcoins Ether (ETH), Litecoin (LTC), Binance Coin (BNB),… Read More

January 5, 2020 @ 6:45 am By Omar Faridi  |  

Malta-based digital asset exchange Binance has announced that it will be supporting euro (EUR) trading against six major cryptocurrencies, as part of the global platform’s latest fiat-focused expansion. According to Binance’s latest blog post, the exchange enabled trading for EUR pairs at 8am on January… Read More

January 3, 2020 @ 7:52 am By Cali Haan  |  

LendingTree Chief Economist Tendayi Kapfidze told reporters at Yahoo Finance January 1st that Bitcoin is “a pyramid scheme” and a scam with no particular utility. Kapfidze made the comments just after co-panelist Oliver Pursche, Chief Market Strategist at Bruderman Asset Management, described his own cryptocurrency investments and… Read More

December 26, 2019 @ 9:02 am By Samantha Hurst  |  

Non-profit cancer research organization American Cancer Society is now accepting bitcoin donations through its collaboration with global blockchain payments provider BitPay. According to Coindesk, BitPay has handled more than $50 million in donations since 2017 for various organizations, including American Red Cross, BitGive Foundation, United… Read More

December 22, 2019 @ 12:56 pm By Cali Haan  |  

For many reasons, China is regarded as one of the world’s make-or-break regions when it comes to the fate of “blockchain” technology and cryptocurrencies. Before Bitcoin trading was officially banned in China in late 2016, yuan-to-Bitcoin conversions (and vice versa) seemed to account for more… Read More

December 19, 2019 @ 3:29 am By Cali Haan  |  

Cryptoforensics firm Chainalysis says massive OTC cryptocurrency cash-outs by “PlusToken” scammers may be driving down the price of bitcoins. According to the firm: “Based in China, PlusToken presented itself as a cryptocurrency wallet that would reward users with high rates of return if they purchased… Read More

December 18, 2019 @ 10:45 pm By JD Alois  |  

Intercontinental Exchange, Inc. (NYSE:ICE) recently announced the first block trade of Bakkt Bitcoin (USD) Monthly Options (BTM) submitted to ICE Futures U.S. In a release, Trabue Bland, President of ICE Futures US, stated: “Based on our benchmark physically delivered bitcoin futures, these options contracts offer… Read More

December 18, 2019 @ 10:35 pm By Cali Haan  |  

UK cryptocurrency exchange Coinfloor has announced it is delisting Ethereum, “to focus on providing Bitcoin only services from the 3rd of January 2020,” Bitcoin’s 11th anniversary. “The decision will allow Coinfloor to provide a richer set of services for the world’s leading cryptocurrency while maintaining focus on… Read More

December 18, 2019 @ 9:50 pm By Omar Faridi  |  

We recently caught up with Evan Kuo, CEO at Ampleforth, a new crypto-asset protocol for developing “fair and independent money.” Kuo, a mechatronics, robotics, and automation engineering graduate from the University of California, Berkeley, argues that Bitcoin (BTC), the flagship cryptocurrency, has the potential to… Read More

December 18, 2019 @ 1:08 am By Cali Haan  |  

On December 13th, Bottle Pay, a company variously described as a “custodial Bitcoin wallet provider,” a “payments startup” and a “social media Bitcoin tipping service,” announced it is closing December 31st because it does not want to impose extraordinary anti-money laundering (AML) measures on users. On… Read More

December 17, 2019 @ 9:32 pm By Cali Haan  |  

The first ATM ever to dispense cryptocurrency materialized like a clunky Venus in her shell at a Waves cafe in downtown Vancouver in October 2013. The machine was reportedly installed by Bitcoiniacs in cooperation with a Nevada firm called Robocoin, a company Spectrum says once sourced Bitcoins… Read More

December 17, 2019 @ 9:18 pm By Cali Haan  |  

Two young brothers from Surrey, British Columbia, have plead guilty to defrauding a 63-year-old Oregon woman out of bitcoins worth $140 000 USD at the time and ~$162 ooo at current prices. The Oregonian reports that Jagroop Singh Khatkar, 24, and Karanjit Singh Khatkhar, 23, plead guilty before… Read More

December 17, 2019 @ 1:22 am By Cali Haan  |  

Chinese authorities have arrested Yang Zuoxing, an electronics engineer who reputedly designed several of Bitmain’s most popular “Antmine” cryptomining rigs in 2016 before he left and started a rival firm called MicroBT. Since then, Coindesk reports, MicroBT, based in Shenzhen, has reportedly captured about 40% market… Read More

December 13, 2019 @ 6:39 pm By Cali Haan  |  

Comments made this week by Mark Cuban, famed owner of the Dallas Mavericks basketball team and a regular host on Shark Tank, have ruffled the feathers of prominent Bitcoiners. Veteran Bitcoin programmer Jimmy Song tweeted to dispute Cuban’s claims that Bitcoin lacks convenience and security:… Read More

December 11, 2019 @ 7:52 am By Omar Faridi  |  

Grayscale Investments, a subsidiary of the Digital Currency Group, a venture capital firm focused on providing services in crypto-asset industry, has released a new report which reveals that women represent a “significant market share” for Bitcoin (BTC) as investors. Grayscale’s latest report about female investors’… Read More