Tagged: bitcoin

January 6, 2022 @ 8:03 am By Omar Faridi  |  

The team at Bitcoin-focused firm Casa recently shared some notable privacy and security stories from last year. Casa wrote in a blog post that as technology continues to make advances, the world of privacy and security changes along with it. The end of 2021 saw… Read More

January 5, 2022 @ 3:15 pm By JD Alois  |  

BTCS (NASDAQ:BTCS) says it will pay a dividend in Bitcoin calling it a “Bividend.” The company has created a website called Bividend to explain the distribution. BTCS’s market cap currently stands around $47 million. BTCS states that it intends to pay $0.05 per share in… Read More

January 5, 2022 @ 11:04 am By Omar Faridi  |  

Kyle Waters and Nate Maddrey from Coin Metrics have noted that after a “transformative” 2021 marked by all-time highs for most of the major digital assets and “key on-chain metrics,” expectations are now quite high for the crypto and blockchain space this year. In their… Read More

January 5, 2022 @ 8:57 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that for the week ending December 31, 2021, the firm saw yearly inflows of “US$9.3bn in… Read More

January 4, 2022 @ 9:47 pm By Tony Zerucha  |  

Nayib Bukele isn’t joking when he predicted two more countries will make Bitcoin legal tender in 2022, deVere Group CEO Nigel Green said this week. In fact, he may have underestimated the number. Over the weekend Bukele, the president of El Salvador, tweeted a series… Read More

January 4, 2022 @ 4:35 pm By JD Alois  |  

2021 came and went without Bitcoin hitting $100,000 in value as certain pundits predicted. In fact, Bitcoin ended the year on a bit of a down note having topped at around $68,000 this past fall now trading at around $46,000. Bitcoin is, of course, the… Read More

January 4, 2022 @ 8:46 am By Omar Faridi  |  

Digital money transfer service ZEN.COM, which is reportedly powered by Mastercard (NYSE: MA), has introduced the conversion of fiat money into digital assets, as well as the “transfer of fiat currencies to any digital wallet servicing BTC, ETH or USD-T (ERC-20), with more currencies coming… Read More

January 3, 2022 @ 4:45 pm By JD Alois  |  

This is an interesting factoid. FinancePR, a promotional firm in the financial services sector, has distributed a note stating that Coinbase (NASDAQ: COIN) dominates Bitcoin trading. According to the missive, Coinbase took 53% market share of Bitcoin trading in the past 30 days or 520,000… Read More

January 3, 2022 @ 10:59 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes that advances in quantum computing are “stoking fears” that Bitcoin’s wallet structure is “vulnerable to exploits,… Read More

January 2, 2022 @ 3:43 pm By Omar Faridi  |  

Bitcoin (BTC) ended 2021 at an average price of $47,400, as Ray Dalio noted that BTC has “proven itself.” Meanwhile, MicroStrategy (Nasdaq: MSTR) continued to acquire more of the leading cryptocurrency to strengthen its corporate treasury, the team at Blockstream noted in a recent market… Read More

January 2, 2022 @ 3:38 pm By JD Alois  |  

Zelle is a peer-to-peer payments service that is now utilized by over 1000 banking apps across the US. As services like Venmo gained in popularity, traditional banks were compelled to compete and Zelle has emerged as a viable alternative for real-time transfers. Originally founded by… Read More

December 31, 2021 @ 11:42 am By Omar Faridi  |  

Compass Mining, which claims to be the first and largest online marketplace for Bitcoin mining hardware and hosting, has commented on the relationship between BTC’s hashrate and the leading cryptocurrency’s issuance rate. According to mining analyst Mitch Klee, the inflation rate is “tied to hashrate… Read More

December 30, 2021 @ 9:38 am By JD Alois  |  

US-based digital asset mining firm Gem Mining says it is currently generating 6.5 Bitcoin each day or approximately $305,000 in value at current BTC prices. The Greenville, South Carolina, digital mining firm reports 13,118 miners and a hash rate of 1.25 E/H. The company states that… Read More

December 29, 2021 @ 7:21 pm By Omar Faridi  |  

The Coin Metric State of the Network Report #135 notes that decentralized finance (DeFi) has experienced tremendous growth during the past few years. At present, the most widely-used metric to measure DeFi adoption is called “Total Value Locked”, or TVL. According to Coin Metrics researchers,… Read More

December 26, 2021 @ 10:17 pm By Omar Faridi  |  

Bitcoin Depot is celebrating consistent growth this year as the firm looks ahead to 2022 in an update shared with Crowdfund Insider. Bitcoin Depot notes that consumers and retailers have increasingly been turning to their crypto ATM company for “secure, convenient, and fast transactions.” This… Read More

December 22, 2021 @ 3:58 pm By Tony Zerucha  |  

There was no surprises at the top when GlobalData released the top 10 cryptocurrencies for 2021 in terms of how many social media conversations they generated through the year, up to Dec. 9. Twitter and Reddit feeds were monitored. Bitcoin generated close to 900,000 discussions… Read More

December 21, 2021 @ 9:12 am By Omar Faridi  |  

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Monday (December 20) that for the week ending December 17,… Read More

December 20, 2021 @ 10:09 pm By Omar Faridi  |  

The team at Compass Mining writes in a blog post that it is noticeable that in every crypto bull market, there seems to be “a lot of new entrants.” As noted by Compass Mining, a frenzy takes place and people get really excited when they… Read More

December 15, 2021 @ 5:10 pm By Tony Zerucha  |  

Recent analysis from London-based Nickel Digital Asset Management reveals 20 listed companies with a market cap north of $1.0 trillion have around $9.6 billion invested in Bitcoin. They originally spent $5.9 billion buying the cryptocurrency. North American corporations dominate the listed company investment in Bitcoin… Read More

December 15, 2021 @ 5:04 pm By Tony Zerucha  |  

Bitcoin panic-sellers are “practically giving away” their cryptocurrencies to wealthy buyers who will use the digital assets as an inflation shield, deVere Group CEO Nigel Green believes. The observation comes as Bitcoin and other leading cryptocurrencies steadied slightly ahead of the U.S. Federal Reserve’s meeting… Read More