Tagged: bitcoin

October 27, 2021 @ 4:10 pm By Omar Faridi  |  

Bitfinex, a digital token trading platform, has teamed up with Nuvei, via its subsidiary Simplex, a fiat-crypto gateway provider, allowing clients to introduce its suite of crypto on-ramp services. Bitfinex clients with an intermediate verification level will get access to the Simplex funding options. Users… Read More

October 26, 2021 @ 11:12 pm By Omar Faridi  |  

Wolters Kluwer Compliance Solutions and NYDIG, a provider of Bitcoin (BTC) platform solutions, have entered an agreement where Wolters Kluwer will act as an “exclusive” vendor to interested financial institutions seeking assistance in meeting their regulatory and compliance requirements while “exploring and implementing services for… Read More

October 25, 2021 @ 1:11 pm By JD Alois  |  

If you are a Bitcoin maximalist, times are good. Reports keep rolling in regarding the acceptance and utilization of crypto and more specifically Bitcoin thus helping to drive the price of BTC higher. Today, CNBC is reporting that Mastercard will soon allow banks and merchants… Read More

October 20, 2021 @ 10:46 pm By JD Alois  |  

PIMCO is one of the largest asset managers in the world. As of June, PIMCO manages $2.20 trillion in assets, including $1.68 trillion in third-party client assets.PIMCO manages assets for central banks, sovereign wealth funds, pension funds, corporations, individual investors and more. Its diversified approach… Read More

October 20, 2021 @ 7:52 am By Omar Faridi  |  

Chainalysis, the blockchain data platform, announced that it is expanding its partnership with NYDIG, a Bitcoin tech and financial services company, in order to carry out a purchase of BTC for the firm’s balance sheet. NYDIG played a key role in supporting Chainalysis to acquire… Read More

October 19, 2021 @ 10:07 am By JD Alois  |  

Following the first Bitcoin ETF to trade on an exchange, Grayscale says it has filed to migrate its Bitcoin Trust to a spot Bitcoin ETF [exchange traded fund] in partnership with NYSE Arca. Grayscale has long messaged its goal of migrating its Trust to an… Read More

October 19, 2021 @ 9:54 am By JD Alois  |  

There has been a lot of discussion about the first Bitcoin ETF to trade on a US-based exchange. ProShares Bitcoin Strategy ETF (NYSE:BITO) commenced trading today and currently is trading slightly higher. But there has been a fair amount of criticism regarding this ETF because… Read More

October 19, 2021 @ 8:02 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 (October 18) that for the week ending October 15,… Read More

October 18, 2021 @ 4:32 pm By JD Alois  |  

After an extended wait for financial services firms attempting to launch an exchange-traded fund (ETF) based on Bitcoin, the very first Bitcoin ETF is expected to trade tomorrow on the New York Stock Exchange (NYSE). Last week, it was revealed that ProShares Bitcoin Strategy ETF… Read More

October 15, 2021 @ 10:45 am By Omar Faridi  |  

Compass Mining, which claims to be the first and largest online marketplace for Bitcoin mining hardware and hosting, announced the launch of its effort to make BTC mining accessible to all — Compass Payment Plan. This new program allows customers to “purchase Bitcoin mining equipment… Read More

October 12, 2021 @ 3:01 pm By Tony Zerucha  |  

As of today, cryptocurrency enthusiasts can sign up for early access to Coinbase NFT, a company executive said. “Our mission at Coinbase is to increase economic freedom in the world,” Coinbase VP of Product, Ecosystem Sanchan Saxena said in a blog post announcing the move…. Read More

October 12, 2021 @ 1:06 pm By Omar Faridi  |  

“Crypto Made Easy” pioneer Divi says that it has taken a step towards its mission to develop a completely decentralized, private payment service that will support the mass adoption of virtual currencies, with the UK launch of its user-friendly mobile wallet. The United Kingdom is… Read More

October 12, 2021 @ 9:45 am By Omar Faridi  |  

SmartFi, the open lending crypto platform, which went live in July 2021, has secured more than $10 million in capital in the first 2 weeks of its “unique” SmartCycle token sale. Token purchasers buying more than $1 million in SmartFi’s SMTF tokens apiece reportedly include… Read More

October 11, 2021 @ 5:39 pm By JD Alois  |  

Once again, Jamie Dimon, CEO of JP Morgan, is in the news again hating on crypto – this time Bitcoin specifically. Recently, Bitcoin has been on the rise again due in part to an expectation of persistent (not transitory) inflation. Many Bitcoin supporters believe that… Read More

October 11, 2021 @ 11:55 am By Omar Faridi  |  

OKCoin is reportedly the only US-licensed exchange to provide Lightning Network (LN) enabled deposits and withdrawals, and they’re doubling down on their commitment to the LN with their support for the recent ShellHacks hackathon and with the introduction of their Lightning API. As noted in… Read More

October 8, 2021 @ 4:00 pm By Omar Faridi  |  

  The Bitcoin (BTC) Lightning Network was recently tapped to enable Twitter payments and as of last week, the number of nodes that are running the LN reached a record high, increasing around 105% since 2020. Only about a year ago, the Lightning Network had… Read More

October 6, 2021 @ 8:13 pm By Omar Faridi  |  

The team at Coin Metrics, including researchers Nate Maddrey and Kyle Waters have released their State of the Network Q3 2021 wrap-up report. In the latest edition of the State of the Network report, the Coin Metrics team has taken a data-driven look at what… Read More

October 6, 2021 @ 7:51 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 (October 4) that for the week ending  October 1,… Read More

October 2, 2021 @ 9:24 am By Omar Faridi  |  

Cosmostation has been chosen by Kava Labs as the very first ecosystem partner to receive a certain portion of the $185 million Kava Ignition Fund. As mentioned in an update from Kava Labs, an open-source developer of financial services for decentralized finance (DeFi), the funds… Read More

October 1, 2021 @ 1:09 pm By Omar Faridi  |  

BIFROST, a blockchain middleware that enables multichain connectivity, has introduced the “first” native Bitcoin (BTC) Lending on decentralized finance (DeFi), “connecting both Bitcoin and Ethereum networks.” BiFi, the DeFi initiative that’s powered by BIFROST, is now the first DeFi lending platform that “works across native… Read More