Tagged: bitcoin

January 8, 2021 @ 3:55 pm By Omar Faridi  |  

Binance Launchpool, a new project aimed at bringing the decentralized finance (DeFi) experience to Binance users and where traders can earn new token rewards in exchange for staking, has launched its first project this year – which is called the Bitcoin Standard Hashrate Token (BTCST)…. Read More

January 8, 2021 @ 1:30 pm By JD Alois  |  

Bill Miller, a legendary value investor and founder of Miller Value Funds, visited the studios of CNBC today where he commented on Bitcoin noting they have a position in the popular crypto. Miller did not provide a price target (like typically given by securities analysts)… Read More

January 7, 2021 @ 8:39 am By Omar Faridi  |  

Fintech companies such as Revolut and Luno are experiencing a dramatic surge in demand from customers who are rushing to invest in Bitcoin (BTC) and other digital currencies amid record-breaking and unprecedented cryptocurrency price increases. Fintech app providers that offer crypto trading, like Revolut, eToro,… Read More

January 6, 2021 @ 8:46 pm By Omar Faridi  |  

Bitcoin (BTC), the leading digital currency, continues to set all-time highs while the US dollar keeps falling (but still remains the world’s most dominant global currency). Notably, Bitcoin is now being supported by even more Wall Street giants. The OKCoin team has noted: “We’ve said… Read More

January 5, 2021 @ 2:31 pm By JD Alois  |  

Bitcoin is bouncing around all-time highs, trading at around $33,500. For Bitcoin bulls, the recent rise in price for BTC has been greeted with a lot of backslapping and comments about how it was inevitable. Many observers point to the rising demand for Bitcoin as… Read More

January 5, 2021 @ 11:53 am By JD Alois  |  

SkyBridge Capital, Anthony Scaramucci’s hedge fund, invested $310 million in Bitcoin in its previously announced SkyBridge Bitcoin Fund LP. This is according to a statement by SkyBridge that said BTC was purchased during November and December – just prior to market highs. SkyBridge Bitcoin Fund… Read More

January 4, 2021 @ 9:19 pm By Omar Faridi  |  

Bitcoin could potentially quadruple this year as the digital asset is currently experiencing a massive rally that’s somewhat comparable to the historic crypto bull market of late 2017, according to Fundstrat Global Advisors’ Thomas Lee. Bitcoin’s (BTC) near 300% price increase in 2020 might be… Read More

January 4, 2021 @ 8:11 am By JD Alois  |  

NexTech AR Solutions (OTCQB: NEXCF) (CSE: NTAR). a Canadian firm that offers augmented reality services, has added $4 million in Bitcoin to its treasury holdings. Last week, NexTech said it planned to make an initial investment of $2million in Bitcoin. It appears that NexTech decided… Read More

January 3, 2021 @ 4:21 pm By Omar Faridi  |  

LocalBitcoins, one of the oldest and most widely-used Bitcoin (BTC) services, reveals that most of its customers are based in developing countries. These are places (such as Argentina and Venezuela) where Bitcoin is needed badly as a store of value because local fiat currencies have… Read More

January 3, 2021 @ 2:13 pm By Omar Faridi  |  

Robin Mahler Weisman, Senior Policy Counsel at Coin Center, a leading non-profit entity focused on the latest policy issues facing digital currencies, notes that the US Congress had warned the Treasury regarding its “unusually short” timeline for feedback regarding its new cryptocurrency rulemaking proposal. Weisman… Read More

January 2, 2021 @ 5:25 pm By Omar Faridi  |  

As the Bitcoin (BTC) price continues to set new all-time highs (now approaching nearly $30,000), Riot Blockchain’s (NASDAQ:RIOT) stock surged almost 1,500% in 2020. There were very few assets in 2020 that outperformed Bitcoin, however, the shares of Riot have been rising along with Ethereum… Read More

January 2, 2021 @ 3:28 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, says it remains committed to innovating in 2021 in an increasingly “decentralized” world. Binance CEO Changpeng Zhao or CZ has shared his thoughts and reflections looking back at 2020 and the firm’s goals for the new year. Zhao… Read More

January 1, 2021 @ 10:14 pm By Omar Faridi  |  

The team at HASHR8 Inc., a cryptocurrency mining and media firm that aims to support the “decentralized growth” of hashrate (or computing power used to secure digital currency networks) while enhancing the security of blockchains, have released their second installment of the Bitcoin Mining Index…. Read More

January 1, 2021 @ 9:06 pm By Omar Faridi  |  

The team at Paxful, a leading peer to peer Bitcoin (BTC) exchange, acknowledges that 2020 was quite rough. They claim that even though it may have been the hardest year of many peoples’ lives, there were still some positive developments. In January 2020, Bitcoin was… Read More

December 31, 2020 @ 5:35 pm By JD Alois  |  

2020 was a challenging year for the entire world. The ongoing health crisis surprised everyone as the world dove into a pandemic, pummeling the global economy and impacting everyone. In many respects, Fintech emerged as a beneficiary of COVID-19. Digital transformation of financial services were… Read More

December 31, 2020 @ 10:51 am By Omar Faridi  |  

As Bitcoin (BTC) continues to set new highs, it became clear to many people that the digital asset could serve as a hedge against the traditional financial system. This year, many well-known investors, including Stanley Druckenmiller (a hedge fund manager with a net worth of… Read More

December 31, 2020 @ 8:04 am By Omar Faridi  |  

78% of the circulating Bitcoin (BTC) supply is now “illiquid and therefore hardly accessible for buying,” according to crypto data provider glassnode. 78% of the circulating #Bitcoin supply is illiquid and therefore hardly accessible for buying. This points to a bullish investor sentiment as large… Read More

December 30, 2020 @ 8:22 pm By Omar Faridi  |  

Bitcoin (BTC) has become more intertwined with traditional financial markets because of changing macro conditions and a significant increase in institutional interest, according to a report from Coin Metrics.  Coin Metrics has noted that many researchers have looked into the fundamental differences between Bitcoin and… Read More

December 30, 2020 @ 1:40 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship digital currency, has hit yet another all-time high of over $28,500 as  Blackrock, the largest asset manager, seeks a Bitcoin and Blockchain lead. But a report from OKCoin asks whether BTC is due for a correction, which was a question many… Read More

December 30, 2020 @ 10:35 am By Samantha Hurst  |  

  Hong Kong-based Crypto.com recently announced its CTO and Co-Founder, Gary Or, has launched Particle B, which is an accelerator that will incubate DeFi projects built on the Crypto.com Chain as well as the Bitcoin and Ethereum networks. According to Crypto.com, Particle B “believes” in an… Read More