Tagged: btc

HSBC Is Preventing Clients from Purchasing Shares in MicroStrategy, a Company Aggressively Adding Bitcoin to its Balance Sheet: Report

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

P2P Bitcoin, Ethereum Exchange Paxful Denies there Was Data Leak, Confirms User Data and Funds Remain Safe

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

There are “Signs” an Even “More Significant” Bitcoin, Ethereum, Crypto Market Move Is on Horizon: Report

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

Huobi Group’s Charity Division Commits $1 Million in Bitcoin (BTC) and Fiat Currency to UNICEF

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

Mark Yusko from Morgan Creek Capital Mgmt Says it Might Soon Be Considered Irresponsible to “Ignore” Bitcoin

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

DeFi Wealth Management Platform YIELD App Reports Over 25,000 Users, Appr. $46M AUM

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

CME Group to Expand Crypto Derivatives Offering with New Micro Bitcoin Futures Contract, Pending Regulatory Approval

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

Recent Digital Asset Inflows of $21M Reported by CoinShares were Lowest Since Oct 2020, BTC Flows Still Steady, ETH Most Popular on a Market Cap Basis

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

Bitcoin and other Cryptos Must be Considered More Seriously Since Intrinsic Value of Fiat Currencies Is Being Questioned: Report

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

Chain of Events Update from Blockchain.com Reveals that it Supports Instant Transfers in the US and Faster Payments in the UK

The team at Blockchain.com, a leading crypto wallet provider, trading platform and block explorer service that recently acquired an additional $300 million in capital, notes that in the crypto space, “one month can feel like an entire quarter — a lot happens.” Blockchain.com points out… Read More

Nexo Reports how Public Software Firm Became First to Add Ethereum to Balance Sheet, as Morgan Stanley Offers Bitcoin to Wealthy Clients

Nexo, a crypto lending platform and exchange, recently commented on how Morgan Stanley became the first major bank to offer Bitcoin (BTC) to its wealthy clients. The Nexo team also revealed how a public software firm now has $50 million worth of Ethereum (ETH) on… Read More

Leading Social Investment Platform eToro Reports how Morgan Stanley has made an “Explosive” Entrance into Crypto Space

Leading social trading platform eToro (which recently announced it will go public in a SPAC deal via FinTech Acquisition Corp. V with valuation pegged at $10.4 billion), noted in an update published earlier this week that stimulus checks had turned the cryptocurrency market green –… Read More

Current Trends Indicate Bitcoin Volatility to Decline Over Time, so Implied BTC Allocations May Increase: Report

European digital asset manager CoinShares notes that as growing numbers of investors start taking Bitcoin (BTC) “more seriously,” it raises an important question: what would be an “appropriate” or ideal amount of Bitcoin in an investment portfolio? According to CoinShares research team, the “real answer”… Read More

Fed Chair Jerome Powell Cautions that Bitcoin Investments and Trading Pose Major Risks, Not Suitable for Payments or Store of Value

US Federal Reserve Chairperson Jerome Powell has cautioned that transacting in digital currencies such as Bitcoin can pose significant risks due to the high volatility nature of these new assets. Powell noted that virtual currencies remain highly volatile. He pointed out that Bitcoin may not… Read More

Bitcoin focused Tech Startup Casa Explains how to Safely Manage Private Keys for Your Digital Assets

The team at Casa, a Bitcoin-focused company, notes that one of the “most important” things about using Casa is that “you, and you alone” possess the private keys needed to access your crypto-assets. Casa confirms that it’s here to “do everything possible” to assist you… Read More

Bitcoin ETF: Pending US BTC Exchange Traded Fund Applications include WisdomTree, VanEck, NYDIG Asset Mgmt, Skybridge, First Trust 

The researchers at Bloqport have confirmed that only a month after launch, the first-ever Bitcoin ETF has reached $1 billion CAD in assets under management or AUM (as of March 20, 2021). Just one month after launch, the first ever #Bitcoin ETF has hit $1… Read More

Fintech Square Cash App Users Now Able to Send Instant Bitcoin Payments for Free

Payments company Square’s (NYSE:SQ) Cash App now allows users to complete Bitcoin payments without having to pay transaction fees. You can now instantly send bitcoin to other $cashtags for free, right from your Cash App. To celebrate, we’re giving out $1 million in BTC. To… Read More

Facebook with 2.8B Users and its Diem Initiative May Compete with Online Payment Platforms, but Bitcoin with $1T Market Cap Can’t be Ignored: Report

Researchers at Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) have published an update, titled The Future of Payments in which they look into whether Bitcoin (BTC) may offer any value to the financial system. The bank’s research team points out that Bitcoin or BTC’s market capitalization… Read More

Meltem Demirors from CoinShares Explains why their Company Invested in Bitcoin Mining Firm MintGreen

Meltem Demirors, Chief Strategy Officer at European digital asset manager CoinShares, recently revealed that she’s excited to share that CoinShares Ventures has made a strategic  investment in MintGreen, a CleanTech firm that uses Bitcoin or BTC mining to monetize heat generation. Demirors explains that MintGreen… Read More

Columbia Economist Jeffrey Sachs Says Bitcoin Offers No Value, Is Environmental Disaster, and is like Counterfeit Money

It can be difficult to imagine a harsher criticism of Bitcoin than recent statements made about the leading crypto on March 12 by Jeffrey Sachs, according to an article in Fortune. He basically said that the leading crypto was providing no value and was consuming… Read More

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