Tagged: bitcoin

August 13, 2022 @ 10:53 am By Omar Faridi  |  

BlackRock (NYSE: BLK) has introduced a private trust providing institutional customers in the US with direct exposure to Bitcoin (BTC). The world’s largest asset manager confirmed the release of the new product in a blog post, however, the firm has not yet provided extensive details…. Read More

August 11, 2022 @ 12:38 pm By Omar Faridi  |  

BitPay, which claims to be the world’s largest provider of Bitcoin and cryptocurrency payment services, added a reward program to its BitPay Prepaid Card. Cardlytics (NASDAQ: CDLX), a cash-back rewards platform, is “managing the rewards where the BitPay cardholder automatically receives up to 15 percent… Read More

August 8, 2022 @ 9:56 pm By Omar Faridi  |  

Bitwage recently announced a “preferred” wallet partnership with Casa and Edge Wallet. On August 1st, news broke that they were partnering with Casa and Edge “as preferred wallet partners.” According to Bitwage, this means that users can now “download and access Casa or Edge as… Read More

August 8, 2022 @ 3:21 pm By Omar Faridi  |  

The cryptocurrency and blockchain industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll on many other market participants. In June and July of this year, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures… Read More

August 8, 2022 @ 12:33 pm By JD Alois  |  

Digital assets experienced their sixth consecutive week of inflows as 2022 continues to provide a choppy market for crypto. According to CoinShares, a mere $3 million moved into crypto last week, but the total for the month and a half stands at over half a… Read More

August 5, 2022 @ 8:17 pm By Omar Faridi  |  

CME Group, which claims to be the world’s leading derivatives marketplace, announced its plans to further expand its cryptocurrency derivatives offering “with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.” Designed to match their U.S. dollar-denominated counterparts, Bitcoin… Read More

August 5, 2022 @ 9:55 am By JD Alois  |  

Earlier this week, it was reported that a bipartisan group of US Senators had developed legislation aimed at providing greater regulatory clarity regarding crypto in the US. Senators from the Senate Agriculture Committee joined to craft a bill that gave the Commodity Futures Trading Commission… Read More

August 5, 2022 @ 8:52 am By Omar Faridi  |  

Advanced smart contracts are “finally coming” to Bitcoin. The DFINITY R&D team has announced “the beta release of the Internet Computer’s direct integration with the Bitcoin network, which eliminates any reliance on a trusted intermediary or bridge.” Developers can immediately “begin testing and building with… Read More

August 3, 2022 @ 11:56 am By JD Alois  |  

Portal, a blockchain firm that has gained the backing of Coinbase Ventures, is raising growth capital on Republic. As it stands today, Portal has raised over $581,000 in less than two weeks. The offering has garnered the backing of 94 investors with just five days… Read More

August 3, 2022 @ 9:06 am By Omar Faridi  |  

MicroStrategy Incorporated (Nasdaq: MSTR), which claims to be the largest independent publicly-traded business intelligence company, announced that, as of August 8, 2022, Michael Saylor will “assume the new role of Executive Chairman” and Phong Le, the Company’s President, will also serve as the Company’s new… Read More

August 2, 2022 @ 10:28 pm By Omar Faridi  |  

The team at digital assets firm Gemini are pleased to further their partnership with  Australian fund manager Holon Global Investments, “serving as the custodian partner for their unlisted retail Bitcoin (BTC), Ethereum (ETH), and Filecoin (FIL) funds.” The BTC, ETH, and FIL held by the… Read More

July 26, 2022 @ 11:27 pm By Omar Faridi  |  

Tech firm Bloom recently announced that their members may get spending rebates in the form of virtual currency. This move should see the Bloom App become one of Hong Kong’s first-ever spending apps that supports digital currency rebates for Visa card transfers made in Hong… Read More

July 24, 2022 @ 2:48 pm By Omar Faridi  |  

The team at digital asset firm Kraken is pleased to announce that their crypto trading platform now supports new margin pairs “for Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL) and Decentraland (MANA)!” Margin trading is now available for… Read More

July 20, 2022 @ 12:22 pm By JD Alois  |  

Bitcoin is in rally mode after several weeks of gloom. At the moment, Bitcoin is trading above $24,000 – the first time since the 2nd week of June. The rise in valuation is being joined by other cryptocurrencies as well as traditional securities. Marcus Sotiriou,… Read More

July 19, 2022 @ 5:24 pm By JD Alois  |  

ZEBEDEE has closed on a $35 million Series B funding round, according to a company statement. The funding was led by Kingsway Capital and merchant bank The Raine Group as well as video-game giant Square Enix. Existing investors participating include Lakestar and Initial Capital. ZEBEDEE… Read More

July 16, 2022 @ 3:29 pm By JD Alois  |  

The New York Yankees has formed a partnership with NYDIG on a Bitcoin payroll option. NYDIG, a subsidiary of Stone Ridge, is a digital asset platform that offers Bitcoin products and services to banks, Fintechs and more. The multi-year partnership with the Yankees make NYDIG… Read More

July 14, 2022 @ 10:08 am By JD Alois  |  

Bitfinex is reporting that it will donate 36 Bitcoin (BTC) and US$600,000 Tether tokens (USDt) to help small businesses and communities in El Salvador. Bitfinex added that this is part of the crypto exchange’s continued support for the country. Bitfinex said they are working with… Read More

July 13, 2022 @ 2:27 pm By Omar Faridi  |  

Cryptocurrency markets remained fairly bearish in June 2022 after May’s broad market sell off, the team at Kraken notes in a report. All crypto sectors “reported negative returns month-over-month; even the best performers posted losses exceeding -18%.” Meme and metaverse coins “performed only slightly better… Read More

July 11, 2022 @ 7:37 pm By Omar Faridi  |  

Hiro, the “go-to” developer tools company for builders of the Bitcoin economy, is pleased to announce the appointment of Julia Austin to the Board of Directors. Austin, a former technology executive and current Senior Lecturer at Harvard Business School, “brings three decades of experience implementing… Read More

July 10, 2022 @ 11:47 pm By Omar Faridi  |  

Delio (CEO James Jung), which claims to be a leader in digital asset finance in South Korea, has launched a Crypto Bank service and expanded its business into offering virtual banking services. Since its founding in 2018, Delio claims it has been “leading the Korean… Read More