Tagged: bitcoin

January 26, 2022 @ 6:00 pm By Omar Faridi  |  

EarlyBird, the platform that aims to make it simpler for parents, family members, and friends to collectively invest in a kid’s future, has announced today the introduction of EarlyBird Crypto. Along with more traditional assets, parents may now choose to add Bitcoin (BTC) and Ethereum… Read More

January 26, 2022 @ 11:52 am By JD Alois  |  

The International Monetary Fund (IMF) is telling El Salvador not to adopt Bitcoin as legal tender. In a statement by the IMF, the international agency noted that since September 2021, the Salvadoran government has adopted Bitcoin as legal tender. But the IMF believes the adoption… Read More

January 26, 2022 @ 8:33 am By Omar Faridi  |  

American Express (NYSE: AXP) Chair and Chief Executive Stephen Squeri seems to have been proven right for his careful approach to introducing digital currency services via the payment company’s platform. In statements shared with Yahoo Finance, Squeri remarked: “What I’ve said from the beginning is… Read More

January 25, 2022 @ 3:14 pm By Tony Zerucha  |  

Digital currency investment firm Grayscale has updated its list of assets under consideration, and some of the new entrants are Bancor, BitTorrent, Decred, Elrond, and Oasis Network. Such assets are not currently included in a Grayscale investment product, bit could be in the future, the… Read More

January 24, 2022 @ 10:41 am By JD Alois  |  

Coinshares reports that digital asset investment inflows totaled $14.4 million last week. While breaking a 5-week downward trend, the amount was still pretty small. Coinshares states that total assets under management (AuM) are now $51 billion, the lowest since early August 2021, having fallen 41%… Read More

January 23, 2022 @ 5:30 pm By Omar Faridi  |  

Pledge Finance, the platform for long-term, fixed-rate cryptocurrency-based loans, is pleased to confirm a partnership with zkLink, a provider of secure cross-chain token swaps “powered by zero-knowledge proofs.” As mentioned in an update shared with CI, the partnership will allow Pledge to “integrate with more… Read More

January 22, 2022 @ 1:56 pm By Omar Faridi  |  

New York City’s new Mayor Eric Adams has been criticized for using of his public office in an attempt to promote the cryptocurrency sector. An upstate New York environmental group, called Seneca Lake Guardian, has stated that creating and managing virtual currency tends to consume… Read More

January 21, 2022 @ 10:42 am By JD Alois  |  

Bitcoin is tanking. Around the beginning of the year, Bitcoin was trading at over $50,000. Today, BTC has lost a dramatic amount of value trading at under $40,000. While Bitcoin is not alone in its decline (Ethereum has crashed too), BTC is the most popular… Read More

January 20, 2022 @ 8:43 pm By Omar Faridi  |  

Qi (formerly Stark Payments), a company that enables businesses to accept virtual currencies like Bitcoin, Ethereum and others as a regular payment, has raised 66% (£231,497) of its £350,000 target from 160 investors (at the time of writing) through its crowdfunding campaign carried out via… Read More

January 18, 2022 @ 9:17 am By Omar Faridi  |  

Brandon Bailey, a crypto mining analyst at Galaxy Digital, notes that a strong Bitcoin bull market, “authoritarian” crackdown on cryptocurrency mining in China and “flight to North America” seems to have flipped the international hashrate economy on its head during 2021. In a recent report,… Read More

January 17, 2022 @ 4:23 pm By Omar Faridi  |  

We recently connected with Valentin Mihov, Co-founder, and Chief Investment Officer at Finexify, a boutique investment company that offers an opportunity to gain exposure to the decentralized finance (DeFi) space. The team at Finexify thinks that limited access to DeFi means “extraordinary” alpha with limited… Read More

January 17, 2022 @ 3:39 am By Omar Faridi  |  

Beth Kurteson, MD at digital assets firm Gemini, notes that the company is committed to tapping into the future of financial, creative, and “personal freedom” via crypto. Beth writes in a blog post that central to that effort is the work they do “to support… Read More

January 14, 2022 @ 4:32 pm By Omar Faridi  |  

The team at digital assets firm Kraken notes that if 2020 was the year of the bull, 2021 was the year that “crypto went mainstream.” During the past year, they claim to have “witnessed leaps in adoption, infrastructure, regulation, and policy — not to mention… Read More

January 14, 2022 @ 7:55 am By Omar Faridi  |  

Trent Fuenmayor, Program Manager, Coinbase Giving, has announced the initiative’s second developer grant recipients. In August of last year, Coinbase (NASDAQ:COIN) via their Giving initiative, made a call for applications via their Crypto Community Fund that is “focused on blockchain developers who contribute directly to a… Read More

January 13, 2022 @ 1:17 am By Tony Zerucha  |  

    Bitcoin, other cryptocurrencies and NFTs are more trusted than stocks to give investors better returns in 2022, suggests a poll of close to 6,000 people on business networking site LinkedIn. The poll, conducted over the past two weeks, finds 30 per cent of… Read More

January 12, 2022 @ 9:13 am By Omar Faridi  |  

NYDIG, a Bitcoin company, announced that its subsidiary Bottlepay, a Bitcoin-based international payments company, has been granted registration as a Cryptoasset Business from the United Kingdom’s Financial Conduct Authority (FCA). Bottlepay is one of a small number of crypto-asset companies to have secured this type… Read More

January 11, 2022 @ 12:22 pm By JD Alois  |  

Genesis, a crypto prime brokerage, has published a report covering last month (December 2021). According to Genesis, their perspective shows that Bitcoin acts more like a “risk asset” than an inflation hedge – something many observers frequently ascribe to BTC. The firm said that the… Read More

January 10, 2022 @ 8:52 pm By Omar Faridi  |  

Bitcoin-focused tech firm Blockstream notes in their Markets Weekly Report that BMN is launching a capital raise via Bitfinex Securities in the coming days. Meanwhile, El Salvador is preparing its regulatory framework for the upcoming BTC bond, and Goldman Sachs (NYSE:GS) recently stated that BTC… Read More

January 10, 2022 @ 2:45 pm By Omar Faridi  |  

The team at digital asset platform Kraken notes that they’re pleased to announce that Kraken now supports Kintsugi (KINT). Funding and trading for the Kintsugi (KINT) token is live (as of January 6, 2022), and trading will “begin shortly.” You may keep an eye on… Read More

January 7, 2022 @ 6:39 pm By Omar Faridi  |  

The team at Blockchain.com, a leading block explorer, crypto wallet, and trading platform, says that 2021 witnessed a “fourth” major bull cycle for Bitcoin (BTC) and other crypto-assets. Historically, in the years that followed the previous large bull markets, we’ve seen “a struggle to hold gains… Read More