Tagged: bitcoin

April 17, 2021 @ 3:39 pm By Omar Faridi  |  

  The team at BitPay, a leading cryptocurrency payments platform, notes in their regular monthly update report that it has been another busy month in the world of digital currencies. BitPay writes in a blog post that they continue to welcome new merchants while offering… Read More

April 15, 2021 @ 9:12 pm By Omar Faridi  |  

Luno, a crypto-asset trading platform in Malaysia that has been cleared by the Securities Commission, has revealed that it’s now managing over RM 1 billion or $240 millon worth of digital assets. This milestone has been reached in less than 2 years since the company… Read More

April 15, 2021 @ 6:43 am By Omar Faridi  |  

BitRefill, a company that helps consumers “live on” crypto with gift cards, phone refills, and Lightning Network (LN), notes that in Switzerland, people can take advantage of free markets, low taxes and a high standard of living. BitRefill notes in a blog post that they’re specifically… Read More

April 14, 2021 @ 10:24 pm By Omar Faridi  |  

The team at BitOoda, a global digital asset financial technology and services platform providing “next-gen” risk management solutions, notes that Bitcoin (BTC) is up by around $8,000 since their last crypto market commentary on April 8, 2021. The BitOoda team adds that “more importantly,” Bitcoin… Read More

April 14, 2021 @ 12:40 pm By Samantha Hurst  |  

Cryptocurrency payments platform BitPay announced on Wednesday it has collaborated with the Crypto Open Patent Alliance (COPA) to share open-source projects and use a shared patent library. According to BitPay, COPA was founded by Square and believes open access to patents and freedom from threats on… Read More

April 14, 2021 @ 10:02 am By JD Alois  |  

Manuel Silva Martinez, General Partner of Mouro Capital (formerly Santander InnoVentures), has distributed a note on Bitcoin and the environmental impact of the world’s most popular crypto. Martinez is criticizing BTC just as it rockets to new all time highs – currently trading at around… Read More

April 13, 2021 @ 4:34 pm By Omar Faridi  |  

HSBC (NYSE: HSBC) is reportedly preventing its clients from purchasing shares of MicroStrategy (NASD:MSTR), a company that has been actively acquiring Bitcoin (BTC) as part of its efforts to increase the value of its corporate treasury. HSBC stated that it would not be facilitating the… Read More

April 12, 2021 @ 8:56 am By JD Alois  |  

Longtime Bitcoin bull Microstrategy (NASD:MSTR) has filed an 8-K stating that directors on the company’s board will now be paid in Bitcoin. Microstrategy has emerged as a huge crypto proponent due to its mission of holding Bitcoin on its balance sheet and issuing debt to… Read More

April 11, 2021 @ 2:42 pm By Omar Faridi  |  

A recent post on Raidforums, a marketplace for purchasing and selling stolen data, has claimed that it has the personal details from millions of users on Paxful, a leading peer to peer Bitcoin (BTC) and Ethereum (ETH) exchange. However, Paxful‘s management stated that they’re false… Read More

April 10, 2021 @ 11:37 am By Omar Faridi  |  

After six months of double digit returns for Bitcoin (BTC) investors, some traders might be wondering whether this is the beginning of another 2017-type cryptocurrency market rally, the Kraken team writes in a blog post. The digital assets firm pointed out that Ethereum (ETH) and… Read More

April 10, 2021 @ 8:47 am By Omar Faridi  |  

Huobi Group, a leading blockchain firm, recently announced that its “philanthropic” division Huobi Charity Limited (regulated by the Charity Commissioners of Gibraltar – registration no. 324) is committing $1 million in Bitcoin (BTC) and fiat currency to UNICEF. The funds will be used to “help… Read More

April 9, 2021 @ 4:55 pm By Omar Faridi  |  

Mark Yusko, founder, CEO and CIO at Morgan Creek Capital Management, recently argued that soon it could be considered irresponsible to ignore Bitcoin (BTC), the flagship cryptocurrency. In an interview with MarketWatch, Yusko said that he believes we’ll all be looking back 5 years from… Read More

April 9, 2021 @ 11:55 am By Omar Faridi  |  

YIELD App, a decentralized finance (DeFi) wealth management platform, has revealed that they’ve seen “strong” growth during their first quarter of trading, with the total number of users reaching almost 26,000 as assets under management (AUM) surged to around $46 million “between week one and… Read More

April 8, 2021 @ 9:31 pm By Omar Faridi  |  

CME Group, one of the world’s leading and most diverse derivatives marketplace, recently revealed that it would be expanding its suite of cryptocurrency derivatives with the launch of a new Micro Bitcoin futures contract on May 3, 2021 (subject to regulatory review and approval). Micro… Read More

April 7, 2021 @ 9:35 pm By Omar Faridi  |  

Crypto exchange Poloniex has announced a new DeFi listing. The Poloniex team writes in a blog post published on April 6, 2021 that they’re pleased to support BTCST in their decentralized finance or DeFi Innovation Zone, beginning today (April 6). BTCST joins more than 80… Read More

April 4, 2021 @ 9:36 pm By Omar Faridi  |  

Elaine Sun, Compliance Director of digital assets firm Huobi Technology, recently noted that the traditional financial infrastructure and the idea or concept of money are “changing before our eyes.” Sun adds that the concept of “store of value” has mostly been associated or tied to… Read More

April 4, 2021 @ 5:35 pm By Omar Faridi  |  

European digital asset manager CoinShares reports that the inflows of $21 million last week (from a March 29, 2021 report) were the lowest since October of last year. CoinShares added that flows into digital asset investments “remained positive last week (as reported on March 29)… Read More

March 31, 2021 @ 11:47 pm By Omar Faridi  |  

Apple (NASDAQ:AAPL) is reportedly being accused of enabling or supporting a fraudulent app which allegedly stole $600,000 worth of Bitcoin from an unsuspecting user.  A man is claiming that Apple had listed the scam app in its App Store that was posing or pretending to… Read More

March 31, 2021 @ 11:07 pm By Omar Faridi  |  

BNY Mellon (NYSE:BK), an American investment banking services holding company headquartered in New York City, notes that in the current environment, where the “intrinsic value of fiat currencies is increasingly being questioned,” it’s important to take into consideration the value of alternative currencies like Bitcoin… Read More

March 31, 2021 @ 8:33 am By JD Alois  |  

Goldman Sachs (NYSE:GS) is expected to soon allow investing in digital assets according to a report by CNBC. The report mentions Mary Rich, Global Head of Digital Assets at Goldman Sachs, as stating the bank will offer a “full-spectrum” of digital assets including Bitcoin, other… Read More