Tagged: btc

US based Digital Asset Exchanges OKCoin and Coinbase Continue to Support Bitcoin Core Development

Digital asset exchange OKCoin recently took a look back at its initiative to support independent Bitcoin Core developers. The crypto trading platform’s developers confirmed that it has now been about a year since they introduced their Open-Source Developer Grant program, an initiative launched to support… Read More

Bitcoin (BTC) Remains “Single Most Watched” Digital Asset with Ethereum Dominating DeFi throughout 2020: Report

As 2020 comes to an end, Binance has shared some key crypto and blockchain industry trends and highlights for this year. The exchange notes that the total market cap for all digital currencies surged by over 3.3x in 2020 alone, expanding the crypto-assets market significantly…. Read More

$1.6 Billion+ in Bitcoin (BTC) Now Held by Nasdaq listed MicroStrategy, Company Stock Surges 5% after Another Large BTC Purchase

MicroStrategy Incorporated (Nasdaq: MSTR), which claims to be the largest independent publicly-traded business intelligence firm, revealed on December 21, 2020 that it has acquired an additional (approximately) 29,646 Bitcoins valued at around $650 million in cash – a move that’s in accordance or consistent with… Read More

Meltem Demirors, CSO at CoinShares, Explains how Mining Secures the Bitcoin Network, which Secures Financial Information

Meltem Demirors, the Chief Strategy Officer at CoinShares, a digital asset management firm, has argued that “as evidenced by the recent corruption of all US systems, from the government to corporate, securing networks is very difficult to do persistently.” 1/ as evidenced by the recent… Read More

Cynthia Lummis, the US Senator Elect from Wyoming, Is “Deeply Concerned” that Treasury Dept Is Considering Hasty Rule for Self-Hosted Crypto Wallets

Cynthia Marie Lummis Wiederspahn, an American politician and attorney who is the U.S. Senator-elect from Wyoming (having been elected to succeed Mike Enzi in 2020), reveals that she’s been doing work on the “rumored” transaction reporting rule (potentially) impacting crypto-assets (currently being contemplated by the… Read More

Nearly 20% of Australians Now Own Cryptocurrency, As Attitudes Toward Bitcoin and Other Digital Assets Improved: Survey

As the price of Bitcoin (BTC), the flagship cryptocurrency, surpasses its previous all-time high (and recently breaking past the $24,000 mark), a new report reveals that “attitudes” toward the digital asset are “improving” with nearly one in five or 20% of Australians now “owning some”… Read More

DeFi Tokens Take it Relatively Slow as Bitcoin Surges to $23,800, Prominent Investor Says Ethereum May Eventually Surpass BTC Market Cap: Report

Decentralized finance (DeFi) tokens took it “relatively slow” this past week when compared to Bitcoin (BTC) while crypto and blockchain industry developments strengthened Ethereum’s (ETH) support, according to a report from OKCoin. The digital asset exchange notes that DeFi tokens are still lagging behind BTC… Read More

Bitcoin Topping $20K: A Very Symbolic Threshold

Bitcoin has been testing $20,000 for some time now. The world’s most popular crypto neared the hurdle last in 2017. There are plenty of people ready to explain why Bitcoin is so popular once again with justifications including a demand imbalance, geo-political uncertainty, an inflation… Read More

Bitcoin (BTC) Mining Hardware Market Is Heating Up and Secondary Market Prices for Machines May Rise: Report

The Bitcoin (BTC) mining machine market is heating up, according to 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… Read More

P2P Bitcoin Exchange Paxful to Enforce Mandatory ID Verification in Most Asian Countries, Partners with Digital Bank

Peer to peer (P2P) Bitcoin exchange Paxful has confirmed that ID verification will soon become mandatory for many different countries beginning this month (December 2020). Paxful claims it’s one of the few crypto-asset marketplaces that strictly enforce KYC (Know Your Customer) verification checks and procedures…. Read More

Digital Asset Yields or Interest Rates are Significantly Higher on Centralized Finance Platforms Compared to DeFi: Report

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based cryptocurrency exchange Kraken) has released a report titled, “Crypto Yields – A Simple Breakdown.” The report notes that interest rates on “risky opportunities” are a function of a “risk-free” rate… Read More

Ethereum Gaining Interest as Institutional Asset Class as Decentralized Finance Gets Boost with Bitcoin focused DeFi Platform: Report

Ethereum (ETH), the world’s largest smart contract platform, and major decentralized finance (DeFi) assets have dropped during the past week. However, DeFi-related infrastructure is getting a boost from Bitcoin (BTC), according to a report from OKCoin. During the last week, top DeFi platforms such as… Read More

Ethereum Might have taken Permanent Lead Versus Bitcoin in 2020 in Terms of Economic Value Transferred on its Rails: Report

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Bitcoin (BTC) has been trading sideways as some crypto analysts have warned that the digital asset’s price may become unpredictable in the short-term, according to a new report from OKCoin. The digital currency exchange confirmed that Bitcoin continues to gain institutional support. BTC’s recent price… Read More

Business Intelligence Firm MicroStrategy Proposes Private Offering of $400M of Convertible Notes so Proceeds May be Invested in Bitcoin (BTC)

MicroStrategy Incorporated (Nasdaq: MSTR) has revealed that it plans to provide (subject to market conditions and other factors) $400 million aggregate principal amount of convertible senior notes due 2025 in a private offering to “qualified institutional buyers in reliance on Rule 144A under the Securities… Read More

Jameson Lopp from Bitcoin focused Firm Casa Explains How to Properly Manage Digital Asset Treasuries

Jameson Lopp, CTO at Bitcoin (BTC) focused firm Casa, notes that large to mid-sized corporations using Bitcoin as a primary reserve asset in their treasuries has become quite a hot topic this year, mainly because of business intelligence firm Microstrategy’s “all-in” move. There’s also the… Read More

P2P Bitcoin Exchange LocalBitcoins Reports that Russia, Venezuela, Colombia are Among its Main Markets with Most BTC Trading Activity

LocalBitcoins, a global peer to peer (P2P) Bitcoin exchange, notes that its platform allows users to invest in BTC which is notably one of the best-performing assets of 2020. The LocalBitcoins team confirms in a blog post: “According to our data, our main markets are… Read More

New Digital Asset Regulations in the US Might Require Banks to Treat Crypto Users like Any Other Business, Quigley from HASHR8 Confirms

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, has confirmed that Bitcoin has broken record highs and sentiment… Read More

Bitcoin Reaches All-Time High but BTC Dominance Fails to Break Records as Ethereum, XRP and Altcoins Surge: Report

Last month, the digital asset markets were “on a tear” as many cryptocurrencies experienced significant gains, Binance notes in its market report. The leading digital currency exchange confirms that Bitcoin (BTC) continues to dominate global headlines as its price surged from below $14,000 on November… Read More

66% of Digital Assets Survey Respondents Say We’re in a Crypto Bull Market, with Many Investors Excited About Altcoins, DeFi for 2021

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based crypto exchange Kraken) has carried out its second VIP client sentiment survey for this current year. According to Kraken, the goal of the survey is to assess digital asset market… Read More

Recent Cryptocurrency Price Action Shows “Clear Signs” that Many Retail and Institutional Investors are Entering the Market: Report

The Bitcoin (BTC) and crypto bull market continues to rally as BTC receives even more Wall Street attention while former Fed Chair Janet Yellen is announced as incoming Treasury Secretary. According to a report from OKCoin, Bitcoin has done it again: on Monday morning (November… Read More

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