Tagged: btc

German Neobank Bitwala to Allow 80,000 Customers to Buy, Hold, Earn Interest on Bitcoin (BTC)

Germany-based neobank Bitwala will allow its 80,000+ customers to buy, hold, and earn interest on Bitcoin through their bank accounts. Bitwala’s new cryptocurrency service is being offered through a partnership with the developers of the Celsius Network, a major digital assets lending platform. DefiPrime data… Read More

Median Digital Asset Hedge Funds Returned +30% Last Year, PwC-Elwood’s Latest Market Report Reveals

Henri Arslanian, the global leader for PricewaterhouseCoopers‘ (PwC) cryptocurrency and blockchain-related projects, shared the auditing firm’s 2nd Annual PwC-Elwood Crypto Hedge Fund Report on May 11, 2020. Arslanian summarized the key findings from the report as follows. The median crypto asset hedge fund returned +30%… Read More

Binance.US, the Exchange’s US Division, Launches OTC Trading Desk for 12 Major Cryptocurrencies

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Binance.US, the leading cryptocurrency exchange company’s US-based division, has introduced an over-the-counter (OTC) digital asset trading desk. The new OTC option is only available for trades valued at $10,000 or more. OTC crypto trades are negotiated directly between the buyer and the seller. They don’t… Read More

Bitcoin (BTC) Successfully Completes its Third Halving Event

Bitcoin (BTC), the flagship cryptocurrency’s third block reward halving was completed on May 11, 2020. The digital asset’s algorithm (and protocol) has reduced the per-block subsidy from the previous 12.5 BTC to 6.25 BTC, an amount valued at nearly $54,000 at the time of writing…. Read More

$5 Million Santander Bank Robbery Thwarted in Brazil, as Perpetrators Caught Trying to Convert Funds to Bitcoin

A potential $5 million online heist in Brazil had attempted to target Spanish financial giant, Banco Santander, however, it was reportedly stopped after the money was seized from local over-the-counter (OTC) digital currency exchanges. The alleged thieves had tried to convert the stolen money into… Read More

Riot Blockchain, a US-based Cryptocurrency Mining Firm, Plans to Almost Double its Hashrate Following Bitcoin (BTC) Halving

  US-headquartered cryptocurrency mining firm, Riot Blockchain (NASDAQ: RIOT), recently revealed that it has more than doubled the number of high-end Bitcoin (BTC) miners it operates – which should roughly double its hashrate (amount of computing power) at around the time of the BTC halving…. Read More

Deep Dive: Is the Upcoming Bitcoin (BTC) Halving Priced In?

The Bitcoin (BTC) halving event, when the pseudonymous cryptocurrency’s supply will be cut in half, is approaching. It should take place on May 11, 2020, which is when 210,000 blocks of BTC transactions will have been processed since the last halving event that took place… Read More

Hong Kong’s Bixin Global, a Cryptocurrency-focused Firm, Introduces $65 Million Bitcoin (BTC) Fund of Funds

Hong Kong-based Bixin Global, a cryptocurrency-focused company, has introduced what it calls a “fund of funds” (FOF), which has been financed with 6,600 Bitcoin (BTC), an amount valued at more than $65 million at the time of writing. As mentioned in a May 8, 2020,… Read More

Payments Company Square Generated $306 Million in Bitcoin (BTC) Revenue During Q1 2020

Payments company Square (NYSE:SQ) revealed on May 6, 2020 that it generated $306 million in Bitcoin (BTC) revenue during Q1 2020. Square noted in its latest earnings release to investors: “Bitcoin revenue generated gross profit of $7 million in the first quarter of 2020.”  The… Read More

Bitcoin (BTC) Remains a Widely-Used Cryptocurrency for Dark Web Transactions, a New Report Claims

A recent report from Rand (Research And Development) Corporation, an American non-profit global policy think tank that’s funded by the US government (and private endowment corporations, universities, and private individuals), claims that Bitcoin (BTC), the flagship cryptocurrency, is being used to carry out a relatively… Read More

Chinese Authorities Continue to Recognize Bitcoin (BTC) as A Digital Asset Entitled to Protection Under the Law in Latest Court Case

The Shanghai No. 1 Intermediate People’s Court made a public announcement on May 6, 2020, about an appeal involving a Bitcoin (BTC) foreign property damage compensation dispute. The second Court trial’s investigation into the matter confirmed that Bitcoin may be considered a digital asset. Therefore,… Read More

Ray Youssef: CEO and Co-founder at Paxful Explains How Company’s Global Bitcoin (BTC) Marketplace Is Enabling Greater Financial Inclusion

Ray Youssef, CEO and co-founder at Paxful, a leading peer to peer (P2P) Bitcoin (BTC) marketplace, recently shared his views and insights with Crowdfund Insider. Paxful says it’s on a mission to support “social justice through financial freedom worldwide.” The company offers a platform with… Read More

Maker (MKR) Governance Token Holders Approve Adding Wrapped Bitcoin (BTC) as Acceptable Collateral Type for MakerDAO

Maker (MKR) governance token holders have decided (through community voting) to approve a proposal which recommends adding Wrapped Bitcoin (WBTC), an Ethereum-based token backed 1-to-1 by Bitcoin (BTC), as the decentralized finance (DeFi) protocol’s (MakerDAO) newest collateral type. WBTC is an ERC-20 compliant token that… Read More

Ethereum Adoption: ETH Transactions via Decentralized Exchanges Growing Rapidly, Many Investors are Now Long-term Ether Holders, Data Suggests

The total volume of Ether (ETH) transactions performed via decentralized or non-custodial cryptocurrency exchanges (DEXs) reached approximately $2 billion (in total) for the first four months of this year. It appears that traders have recently begun to increasingly use DEXs to trade ETH this year,… Read More

Blockchain Firm Bison Trails Adds Support for Keep Network, a Privacy Protection Layer for Ethereum (ETH)

Bison Trails, a blockchain “infrastructure-as-a-service” company, recently confirmed that it has added support for Keep Network, which serves as a privacy protection layer for Ethereum (ETH). Keep Network aims to address the challenges involved with allowing private and secure data to be used on a… Read More

Ethereum-based tBTC, which is Pegged to Bitcoin (BTC), Is Preparing for Public Launch with Help from MakerDAO, Others

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

tBTC, an Ethereum (ETH)-based token that’s pegged to Bitcoin (BTC), the flagship cryptocurrency, is preparing for its public launch. During the course of the next two weeks, the tBTC project is planning to introduce its technical infrastructure with the help of more than 40 digital… Read More

The Bitcoin Association, which Supports Bitcoin SV, Claims that its Crypto Network can Handle as Many Transactions as VISA

The Bitcoin Association, which is focused on the development and promotion of Bitcoin “Satoshi Vision” (SV) (a controversial Bitcoin Cash (BCH) fork whose developers and community claim that their project is the “real” Bitcoin or how its creator, Satoshi Nakamoto, intended it to be), claims… Read More

European Bitcoin (BTC) Savings Service Bittr Forced to Shut Down Due to Extensive and Costly AMLD5 Regulatory Requirments

Netherlands-based Bittr, a Bitcoin (BTC) savings service, is reportedly closing down its business. Ruben Waterman, the company’s founder, said that newly-enforced financial regulations were the main reason why Bittr decided to shut down its services. The AMLD5 became effective July 9, 2018, and required the… Read More

Cryptocurrency Adoption: Number of Bitcoin Addresses Holding At Least 0.1 BTC Crosses 3 Million Mark

The number of Bitcoin addresses that hold at least 0.1 BTC (appr. $750 at time of writing) has surpassed the 3-million mark for the very first time, as cryptocurrency investors get ready for the upcoming Bitcoin halving event, when the pseudonymous digital asset’s supply will… Read More

Digital Asset Exchange Bitnomial Receives Approval to Offer Bitcoin (BTC) Futures and Options Contracts

Digital asset exchange Bitnomial has been approved to offer Bitcoin (BTC) futures and options contracts. Established in 2015, Bitnomial acquired $7.5 million in capital through an equity raise that was finalized in December of last year. On April 20, 2020, the exchange operator confirmed that… Read More

Send this to a friend