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Banking system uses more energy than BTC, Galaxy Digital reports
Galaxy Digital, a diversified financial services company that focuses on cryptocurrencies, has revealed that the banking system consumes more energy than BTC mining. The firm unveiled this news through a report entitled On Bitcoin’s Energy Consumption: A Quantitative Approach to a Subjective Question. дальше »
2021-5-18 20:20 | |
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Palantir CFO claims the firm is mulling adding crypto to its balance sheet
Palantir, an American software firm that specializes in big data, is contemplating adding Bitcoin (BTC) to its balance sheet. A report unveiled this news on May 11, citing the firm’s Chief Financial Officer, David Glazer, who shared this bullish during the company’s Q1 earnings call. дальше »
2021-5-13 21:26 | |
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Central Bank of Iran Bans Foreign Deposits; ‘Locally-Mined BTC Only’ Policy for Bitcoin Users
Iran’s central bank has introduced a ban on all Bitcoin (BTC) – just not those mined in the country. According to a report by Iran International, Bank Markazi, the central bank of Iran (CBI) has prohibited the trading of Bitcoin not mined in the country. дальше »
2021-5-8 18:12 | |
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Citi Bank Mulls Rolling Out Bitcoin Trading and Custodial Services
Citi Bank is looking to join the crypto bandwagon by offering its clients bitcoin (BTC) trading and custody services. The firm has made it clear that it has been witnessing very high demand for the nascent digital asset class since last August, according to a TheBlock report on May 7, 2021. Citi Group Eyeing Bitcoin Read More дальше »
2021-5-8 18:00 | |
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Square Bought 3,318 BTC, Made $3.51 Billion In Bitcoin Revenue In Q1 2021
Per an earnings report, Bitcoin-focused payments company Square has purchased 3,318 more BTC and earned $3.51 billion in bitcoin revenue. дальше »
2021-5-8 00:51 | |
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MercadoLibre acquires $7.8 million worth of Bitcoin for its treasury
Latin American e-commerce and fintech giant MercadoLibre (Nasdaq:MELI) added $7. 8 million in bitcoin (BTC) to its treasury. The company revealed this in its earnings report covering the first quarter ending March 31, 2021. дальше »
2021-5-7 12:52 | |
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Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U.S. banks in 2021
Executives of crypto custody firm NYDIG said Wednesday that hundreds of US banks are onboarding Bitcoin (BTC) related services for their clients, as per a report on business outlet CNBC. The post Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U. дальше »
2021-5-5 20:00 | |
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Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC
Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least. дальше »
2021-4-30 05:30 | |
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Why The Chinese Government Started Mining Bitcoin (BTC)
Reporter Colin Wu shared news published by Chinese state media PengPai related to Bitcoin mining activities by the national government. At the very least, China’s view of cryptocurrencies is ambiguous, but according to the report they have been dabbing with BTC. дальше »
2021-4-30 02:42 | |
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Blockchain Stocks Have Dwarfed S&P 500 by over 34 Percent in 2021
Goldman Sachs has revealed in its latest report released on April 26, 2021, that 19 stocks of companies invested in bitcoin (BTC) and distributed ledger technology (DLT) have outperformed the Standard & Poors 500 by a massive 34 percent this year. дальше »
2021-4-28 15:00 | |
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Finder’s Bitcoin Prediction Survey Shows Respondents Forecast Six-Digit BTC Prices
The comparison website that operates in 83 countries, finder. com, has recently published its quarterly bitcoin price prediction report for 2021 and the panellists are very optimistic about bitcoin’s future value. дальше »
2021-4-28 23:30 | |
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Did Tesla Really Sold Its Bitcoin? Earnings Report Sheers Some Light
Tesla adding Bitcoin to its corporate treasury back in February was considered an inflection point for the cryptocurrency. A major corporation adopting BTC into its balance sheet seemed like a sign that the BTC has gone mainstream. дальше »
2021-4-27 01:06 | |
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Regulatory Uncertainty Delaying Charles Schwab’s Bitcoin (BTC) Adoption
Charles Schwab has revealed that it’s very much interested in integrating bitcoin (BTC) into its processes. However, the regulatory dark clouds surrounding the United States crypto ecosystem make the move a difficult one, according to a Reuters report on April 22, 2021. дальше »
2021-4-24 21:00 | |
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Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34
A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000 in much of Q1 of 2021. The Premium on BTC In addition […] дальше »
2021-4-23 15:30 | |
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Bitmain Founder Warns Against This Future Threat For Bitcoin
Jihan Wu, the co-founder of Bitmain, is worried about Bitcoin’s future. Per a report by Colin Wu, the co-founder of Bitmain told Chinese miners there are “environmental protection issues”. Therefore, institutions currently buying or holding BTC could be more concerned about the origins of their coins. дальше »
2021-4-22 18:04 | |
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Legendary investor who bought Bitcoin at $350 says this rally is just beginning
American investor Bill Miller says Bitcoin’s (BTC) fabled bull run is only getting started despite the asset’s nearly 700% price increase in the past year, a report on news outlet CNBC stated today. дальше »
2021-4-22 04:00 | |
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JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall
Analysts at US bank JPMorgan say the Bitcoin (BTC) market is showing signs of weakness, as per a report on financial news outlet Bloomberg. The post JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall appeared first on CryptoSlate. дальше »
2021-4-21 13:09 | |
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How the “West” Is Driving Bitcoin’s Bull Market, But Asia Is Resisting
Bitcoin’s price is moving sideways in a critical support zone. At the time of writing, BTC’s price is trading at $55.780 with 0.3% in the daily chart and 7.3% losses in the weekly chart. According to Arcane Research’s most recent report, BTC’s 2020 and 2021 bull run has been heavily affected by the dynamics from […] дальше »
2021-4-21 19:09 | |
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China’s Central Bank Looking to Regulate Bitcoin as an Investment Vehicle
High ranking officials of the People’s Bank of China (PBOC) have hinted that the apex bank is looking for ways to regulate bitcoin (BTC) as an investment vehicle, as they have major roles to play in the future, according to a Weixin report on April 18, 2021. дальше »
2021-4-20 15:00 | |
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Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing
Over the last eight years, U. S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. дальше »
2021-4-12 18:00 | |
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Bitcoin (BTC) Price May Peak at $400,000 This Cycle: Bloomberg Report
Bitcoin is also “replacing old-guard” gold, that too more sudden than gradual as it fulfills the need for a digital reserve asset in a low-yield environment. The post Bitcoin (BTC) Price May Peak at 0,000 This Cycle: Bloomberg Report first appeared on BitcoinExchangeGuide. дальше »
2021-4-8 18:10 | |
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State Street plans to trade crypto via a platform it is helping develop
State Street, the second-oldest bank in the US after The Bank of New York Mellon, is planning to launch crypto trading. A report unveiled this news on April 8, noting that the financial group intends to join hands with Pure Digital, a London-based FinTech startup that seeks to become the primary institutional platform for BTC. дальше »
2021-4-9 18:04 | |
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U.S. Real Estate Giant Caruso Properties Adopts Bitcoin (BTC)
Caruso properties have announced that it’s now accepting bitcoin (BTC) for rent on all its properties. Just like MicroStrategy and several other companies across the globe, Caruso has allocated a portion of its balance sheet to bitcoin, according to a report on April 7, 2021. дальше »
2021-4-8 17:00 | |
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US court grants Ripple access to SEC’s documents on BTC and ETH
Ripple has won a discovery ruling that will mandate the US Securities Exchange Commission (SEC) to grant the company access to its internal documents on Bitcoin (BTC) and Ethereum (ETH). A report unveiled this news on April 6, noting that Ripple hopes to find proof that the watchdog classified XRP, BTC, and ETH as non-securities […] The post US court grants Ripple access to SEC’s documents on BTC and ETH appeared first on Invezz. дальше »
2021-4-8 19:27 | |
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U.S. Professional Basketball Club to Pay Players and Staff in Bitcoin (BTC)
Sacramento Kings has announced plans to start paying players and its staffers’ salaries in bitcoin (BTC). The American professional basketball team has been accepting bitcoin payments for merchandise since 2014, according to a Forbes report on April 5, 2021. дальше »
2021-4-7 20:00 | |
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Bitcoin whales on the defense, this is how BTC could climb to new highs
After spending weeks moving sideways, BTC price seemed to be close to a new high. However, the cryptocurrency seems to be stuck just below the resistance level at $60,000. Analyst Ben Lilly has published a report in which he determines what has caused the stalemate and how BTC has a “bullish combination” for the following […] дальше »
2021-4-6 22:07 | |
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BlackRock is trading Bitcoin futures, how much BTC is held by institutions?
Per a Coindesk report and a regulatory filing with the Securities and Exchange Commission (SEC), investment firm BlackRock has begun trading in Bitcoin futures. BlackRock has reportedly allocated a small part of its portfolio in BTC on the Chicago Mercantile Exchange financial derivatives platform. дальше »
2021-4-1 23:56 | |
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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »
2021-3-30 03:00 | |
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Gold Is A Worthy Role Model For BTC, Says BNY Mellon In A ‘Bitcoin Valuations’ Report
The bank says it is important to consider the value of an alternative currency, Bitcoin, in the current environment where “the intrinsic value of fiat currencies is increasingly being questioned.” The post Gold Is A Worthy Role Model For BTC, Says BNY Mellon In A ‘Bitcoin Valuations’ Report first appeared on BitcoinExchangeGuide. дальше »
2021-3-29 15:43 | |
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Leading financial services provider Fidelity set to launch a BTC ETF
Fidelity Investments, a renowned financial services provider, is gearing up to roll out a Bitcoin (BTC) exchange-traded fund (ETF). A report unveiled this news on March 25, citing an official filing with the US securities exchange commission (SEC). дальше »
2021-3-25 20:14 | |
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Number Of Bitcoin Whales Holding At Least 100 BTC Burgeons
Bitcoin whales are multiplying on a daily basis, which means wallet addresses holding a larger sum of Bitcoin are also increasing. As Glassnode records in its weekly on-chain report, that over half of the market is now holding at least 100 Bitcoin—$5. дальше »
2021-3-24 10:59 | |
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CoinShares: Ethereum Seconds Bitcoin as Crypto Fund Managers’ AUM Skyrocket
Institutional crypto fund managers witnessed an increase in their assets under management (AUM) in the past week, despite the declining appetite of U. S. investors for crypto investment. products According to the CoinShares Digital Asset Fund Flows report released on March 22, 2021, bitcoin (BTC) attracted $85. дальше »
2021-3-24 22:00 | |
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Brazil’s Securities and Exchange Commission approves two crypto ETFs
The Brazilian Securities and Exchange Commission (CVM) has approved two crypto exchange-traded funds (ETFs). A report unveiled this news on March 20, noting that the first ETF comprised 100% Bitcoin (BTC). дальше »
2021-3-21 00:54 | |
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Bank of America: DeFi is Traditional Finance’s Nemesis Not Bitcoin
The Bank of America (BofA) has argued in a fresh report entitled “Bitcoin’s Dirty Little Secrets,” that decentralized finance (DeFi) is the real disruptor of traditional finance, not bitcoin (BTC), as the latter has too many flaws. дальше »
2021-3-19 19:00 | |
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Bitcoin is the Third Largest Currency in Circulation After USD & Euro: Deutsche Bank Report
While Bank of America is writing about “Bitcoin’s Dirty Little Secrets” and that there’s “no good reason to own BTC unless you see prices going up,” according to Deutsche Bank, Bitcoin is “too important to ignore. дальше »
2021-3-19 17:32 | |
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Bitcoin is slow, impractical, and eco-unfriendly, says Bank of America
Bitcoin (BTC) is “exceptionally volatile,” “impractical,” and extremely harmful to the ecosystem, said Bank of America’s (BofA) analyst in a research report cited by TheStreet today. The post Bitcoin is slow, impractical, and eco-unfriendly, says Bank of America appeared first on CryptoSlate. дальше »
2021-3-20 12:00 | |
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BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom
Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio. дальше »
2021-3-17 20:00 | |
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Goldman Sachs COO Says Institutional Demand for Bitcoin (BTC) is Rising
Rising institutional interest in digital assets has forced Goldman Sachs to explore how it can cater to the booming demand. Goldman Sachs Exploring Ways to Offer Crypto Products According to a Reuters report on March 11, Wall Street titan Goldman Sachs is exploring how it can meet booming customer demand for bitcoin (BTC) and otherRead More дальше »
2021-3-11 13:00 | |
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Blockchain Association Hold Talks with Regulators Over Amenable Regulations
The Blockchain Association is putting preparation in top gear to meet with financial regulators in the President Joe Biden administration, including Treasury Secretary Janet Yellen, to make them understand the importance of bitcoin (BTC) and other cryptocurrencies and the need for amenable regulations, according to a FOXBusiness report on March 5, 2021. Blockchain Association MeetRead More дальше »
2021-3-7 02:01 | |
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Data Reveals February’s Bitcoin Price Correction Burned Leverage Traders and Weak Hands
Glassnode has revealed in its weekly on-chain crypto market report that the bitcoin (BTC) price crash that happened in late February is actually a good thing for the markets, as it has “flushed out” weak hands, and excessive leverage trading. дальше »
2021-3-4 20:00 | |
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Citi researchers say BTC might become an international trade currency
Researchers at Citi, a leading US bank believe that Bitcoin (BTC) could soon evolve into an international trade currency, enhancing global trade in the process. The researchers aired these sentiments through a new report entitled Bitcoin: At the Tipping Point. дальше »
2021-3-3 11:35 | |
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Bitcoin Could Become the Currency of International Trade, Says Citi Report
Bitcoin (BTC) is at a turning point in its history, according to analysts from US investment bank Citi. The bank estimates that the leading cryptocurrency could become the currency of choice for international trade within 7 years. дальше »
2021-3-2 00:00 | |
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Is This the Moment of Truth for BTC?
According to the report, the flagship cryptocurrency, BTC, could become the preferred medium for international trade or face a “speculative implosion. ” In the last decade, bitcoin has predominantly been championed by retail investors. дальше »
2021-3-2 17:41 | |
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Google Finance Now Tracks the Price of Select Cryptocurrencies
Google Finance has added a cryptocurrency tab to its platform. The new “Crypto” tab allows users to view the historical and real-time price of bitcoin (BTC) and a few other cryptoassets, according to a Coindesk report on March 1, 2021. дальше »
2021-3-1 16:13 | |
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Australia: Bitcoin Overtakes Gold in terms of Popularity, Survey Finds
A report by an Australian crypto exchange posits that bitcoin (BTC) has eclipsed gold in terms of popularity in Australia. Bitcoin More Popular than Gold Per a report by Melbourne-based digital currency exchange BTC Markets, bitcoin is more popular than gold Down Under. дальше »
2021-2-25 16:00 | |
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Anonymous Donor Gifts Cape Code Hospital $800k in Bitcoin (BTC)
Officials at the Cape Code Hospital have revealed that they received a bitcoin (BTC) donation of $400k twice from an anonymous donor, according to a report by the Boston Globe on February 19, 2021. Cape Cod Hospital Gifted $800k in BTC At a time when the COVID-19 pandemic has triggered a serious economic crunch thatRead More дальше »
2021-2-23 16:00 | |
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