Tagged: bitcoin

October 24, 2023 @ 10:17 pm By Omar Faridi  |  

Blockstream, the global leader in Bitcoin infrastructure technology, has announced the public rollout of its “Lightning-as-a-Service” solution, Greenlight. This launch aims to transform the way developers and enterprise clients worldwide “integrate fast, low-cost bitcoin payments into their software via the Lightning Network.” In the current… Read More

October 23, 2023 @ 9:27 pm By JD Alois  |  

Bitcoin has increased by over 18% today, now trading at over $33,000. Just yesterday, Bitcoin was trading under $30,000. Bitcoin has always been a volatile digital asset that gyrated quickly in price – sometimes without an apparent catalyst. The most popular crypto in the world… Read More

October 21, 2023 @ 2:33 pm By Omar Faridi  |  

Copper.co, one of the industry’s digital asset custodians, is announcing further growth of integrated blockchains with Stacks, a network that enables the creation of decentralized applications (dApps) and smart contracts on top of the Bitcoin blockchain. Stacks reportedly combines “the strength, security, and capital of… Read More

October 21, 2023 @ 1:51 pm By Michael Wong  |  

RockItCoin, a US-based crypto blockchain company, has acquired regional Bitcoin ATM operator FirstCoin ATM and Phoenix Crypto for an undisclosed sum, according to an announcement. The company said this strategic expansion solidifies its position in the market, expanding its presence across the United States. FirstCoin… Read More

October 20, 2023 @ 5:46 pm By Omar Faridi  |  

Onramp, a Bitcoin asset-management platform, announces its official launch, marking a “step-function” improvement in bitcoin custody. Onramp’s approach to bitcoin custody, product offerings, and research and education aims to establish “a new industry standard for sophisticated investors.” As noted in an update shared with CI,… Read More

October 17, 2023 @ 9:32 pm By Omar Faridi  |  

Digital asset investment products saw inflows for the 3rd consecutive week totaling US $15m, although trading volumes remain 27% below the 2023 average, according to an update from CoinShares. CoinShares also revealed in its report that Bitcoin saw $16 million inflows last week, “bringing the… Read More

October 16, 2023 @ 4:59 pm By JD Alois  |  

BlackRock has denied reports that its Bitcoin ETF has gained approval. Expectations that the Securities and Exchange Commission (SEC) will grudgingly approve an exchange-traded product for a spot Bitcoin fund have helped to drive prices higher of BTC in recent days. Initial reports of an… Read More

October 16, 2023 @ 10:06 am By JD Alois  |  

It has been widely reported that the Securities and Exchange Commission (SEC) has decided not to appeal a decision by the courts that reflects favorably on Grayscale’s push to launch a Bitcoin ETF. Grayscale currently lists a Bitcoin Trust on OTC Markets, along with other… Read More

October 10, 2023 @ 9:06 am By Omar Faridi  |  

Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International, has shared insights on the latest developments in the Bitcoin (BTC) and digital assets markets. Analyzing BTC supply, Greco notes that approximately 68.5% of “the total circulating supply has… Read More

October 4, 2023 @ 9:18 pm By Omar Faridi  |  

Coin Metrics has provided a data-driven look at the most “important” developments that have significantly impacted the digital assets industry from Q3 2023. With Q3 in the books, Coin Metrics reflects on the notable developments and trends shaping digital asset markets as we transition “into… Read More

October 4, 2023 @ 7:32 pm By Omar Faridi  |  

Bitcoin gained in September while many traditional assets “suffered meaningful losses, underscoring crypto’s diversification properties,” according to an update shared by Grayscale. The pressure on global markets “seemed to stem from rising government bond yields and higher oil prices,” the report from Grayscale noted. As… Read More

October 3, 2023 @ 3:37 pm By Omar Faridi  |  

STARK Proofs, the zero knowledge technology supported by Starkware to bring scalability to Ethereum, have taken their first major step towards the Bitcoin network. The ZeroSync non-profit is working on the world’s inaugural ZK light client for Bitcoin. This development could: Pave the way to… Read More

October 3, 2023 @ 8:18 am By Omar Faridi  |  

Recent US government quagmire and treasure prices have reportedly helped with fueling inflows of $21 million, according to an update from digital asset firm CoinShares (Nasdaq Stockholm: CS) CoinShares reports that digital asset investment products “saw inflows last week for the first time in 6… Read More

October 2, 2023 @ 10:40 am By Omar Faridi  |  

The Bitcoin (BTC) price is finally surging and the digital assets markets looks like its beginning to heat up again. Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International, has shared key insights with CI regarding the latest… Read More

October 2, 2023 @ 10:11 am By Omar Faridi  |  

At the end of last week we saw a number of updates regarding the push for ETFs, with VanEck readying an Ethereum futures ETF, Ark pushing to win the race for the first spot Bitcoin ETF and the US Securities and Exchange Commission (SEC) delaying… Read More

October 1, 2023 @ 5:26 pm By Omar Faridi  |  

According to research by London-based Nickel Digital Asset Management, Europe’s regulated digital assets hedge fund manager founded by alumni of Bankers Trust, Goldman Sachs and JPMorgan, institutional investors “are confident Bitcoin and Ethereum will sustain their strong performance for the rest of this year.” The… Read More

September 30, 2023 @ 3:44 pm By Omar Faridi  |  

As of late, financial markets have been gripped with the reality that the US government may be headed toward a shutdown due to Congress’s “inability to pass the federal appropriations bill for the upcoming fiscal year, which begins on October 1st,” the team at NYDIG… Read More

September 30, 2023 @ 3:33 pm By Omar Faridi  |  

Parker Merritt and Kyle Waters from Coin Metrics have provided a close examination of the current Bitcoin mining landscape through the lens of their extensive data. Despite a flat BTC market in the back half of Q3 as spot ETF chatter quieted, hashrate continued “to… Read More

September 22, 2023 @ 9:21 am By Omar Faridi  |  

CoinShares (Nasdaq Stockholm: CS) announced the CoinShares Hedge Fund Solutions division, as part of their mission to continue bridging the gap “between traditional institutional investors and the dynamic world of digital assets.” For the first time, CoinShares will be making its offerings “accessible to qualified… Read More

September 22, 2023 @ 9:06 am By Omar Faridi  |  

Robinhood (NASDAQ:HOOD) announced the results of a study—”verified” by Radius Insights—showing that Robinhood reportedly offers the “lowest cost” to trade crypto on average. The analysis compares prices quoted from various platforms and exchanges, “including Cash App, Coinbase Advanced, Coinbase, Crypto.com, and Kraken, concluding that customers… Read More