Bitcoin

Twitch director Shaan Puri moves 25% of the Net Value to ‘Front Run Wave of Institutional Capital’.

Twitch director Shaan Puri moves 25% of the Net Worth to ‘Front Run Wave of Institutional Capital’.

Cryptocurrency Indexes are set for launch in 2021 by S&P Dow Jones Indexes.

S&P Dow Jones Indices has made it official: they will launch cryptocurrency indices in 2021, becoming the last major finance company to enter the digital asset industry. More than 550 of the best traded currencies will be … read more.

Equity Strategist Says Crypto Has a Place in Portfolios, Bitcoin Price to Reach $50,000 in 2021

Equity strategist says Crypto has a place in the portfolios, Bitcoin Price to reach $50,000 by 2021.

An equity and derivatives strategist with a global financial services firm specializing in institutional trading believes bitcoin has a place in investment portfolios. He has a price target for bitcoin of $50,000 by 2021. Bitcoin has a place in… read more.

U.S. Law Will Make It Illegal to Issue Stablecoins Without Federal Reserve ApprovalThreeU.S

. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Initiated by Rep. Rashida Tlaib, with the support of … read more.

Research Suggests Bitcoin Buying Ramps Up When Traditional US Markets Open

Research suggests Bitcoin Buying Ramps Up when traditional US markets open.

While bitcoin and a number of digital assets are setting new 2020 price highs, a variety of crypto-asset commentators have detailed that since October, there has been a lot of bitcoin buying action during U.S. market hours. The data shows that between Eastern … read more.

Bitcoin's Rise Causes Shortage of Mining Most units are sold out, the miners are concerned about the deliveryCauses Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About SupplyWhilethe

bitcoin economy has swelled in value, the overall network hashrate hashrate has gradually climed higher as miners are making a lot of money confirming blocks. However, obtaining bitcoin mining facilities is not so easy these days, and regional reports from … read more.

Trading Exchange Okex's Crypto Reserves Nosedived After Withdrawals Opened

Trading Exchange Okex’s Crypto Reserves Nosedived After Withdrawals Opened

Just recently, after the stock exchange had paused the withdrawal of cryptocurrency, the trading platform Okex finally made digital cash withdrawals possible last Wednesday. Since then, the stock market seems to be experiencing an exodus of funds, as evidenced by data from Okex’s crypto-asset reserves, such as … read more.

Black Shadow Hackers Demand 200 BTC Ransom from Israeli Insurance Giant ShirbitHackers Demand 200 BTC Ransom from Israeli Insurance Giant ShirbitOnev of

the largest insurance companies in Israel has been hit by a ransom attack, and threat actors began releasing sensitive data as the firm does not pay the requested ransom in bitcoin (BTC). Israel-Based Shirbit still refuses… read more.

Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks

Top US Banking Regulator reveals positive Cryptocurrency Regulation comes in weeks.

The top US banking regulator has confirmed that a positive Cryptocurrency Regulation will come in weeks, towards the end of the Trump term. “It’s going to work for everyone,” said the regulator, adding that the new regulation… will read more.

Shark Tank's Kevin O'Leary Ready to Put 5% of his portfolio in SEC-Approved Bitcoin ETF‘s Kevin O’Leary Ready to Put 5% of its portfolio in SEC-approved Bitcoin ETFSharkTank

star Kevin O’Leary, also known as Mr. Wonderful, is ready to put 5% of its investment portfolio into a bitcoin exchange-traded fund (ETF) approved by the U.S. Securities and Exchange Commission (SEC). Long known as a … read more.

2020’s Crypto Performances: The Biggest Token Losers and This Year’s Top-Performing Cryptocurrencies

2020’s Crypto Performances: The biggest coin losers and this year’s best performing crypto rings

Digital currency markets appreciated significantly throughout the year, despite the gloomy global economy and the aftermath of Covid-19 res.punching. Bitcoin prices have been fluctuating since 2017 at values that have not been seen, and are the top of the crypto’s … read more.

Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs Launched During the Last Quarter

Clocking Terahash: Three Next-Generation Bitcoin Mining Rigs launched during the Last Quarter

Only recently, China-based bitcoin mining company Microbt released a new ASIC device that clocks up to 112 terahash per second (TH/s). The new machine is one of the best performing mining installations on the market, according to the current network … read more.

'Silk Road' Movie Acquired by Lionsgate to Premiere in February

Bitcoin Darknet ‘Silk Road’ movie Bought by Lionsgate to Premiere in February

The “Silk Road” film has been taken over by Lionsgate and will soon be released in the US. The film includes Silk Road marketplace founder Ross Ulbricht and events leading to his arrest. Silk Road Movie Coming Soon An Upcoming Feature … read more.

German Bank to Launch Bitcoin Investment Fund in Januaryto launch Bitcoin Investment Fund in JanuaryGerman private

bank Hauck & Aufhäuser says it will launch a crypto investment fund in January next year, allowing institutional and semi-institutional investors to invest in digital assets such as bitcoin, ether and stellar. According to a report on Fundview, … read more.

Three years in: A Bitcoin Cash Update from one of the founders

It has been more than 3 years since 1 August 2017, the day Bitcoin Cash was born. I know because I was there and part of the loosely knitted ‘team’ that launched the Bitcoin Cash project. Now, over time… read more.

Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear MarketNovember Sale by long-term BTC Holders No imminent Bear MarketArecent

Glassnode report says that some long-term bitcoin holders (LTHs) discharged part of their holdings and paid out their profits during a bull-run. However, the report states that sales, which have been noticeable since the end of November, have not … read on.

Record $15 Billion worth of Cryptos under management after Institutional Investors Pump $429 Million in a week

A new report says institutional investors pumped $429 million into cryptos and cryptocurrency funds in the week ending December 7. The figure, which is the second highest in the record, pushes the total value of digital assets under management (AUM) to … read more.

'Gold Is Rare but Not Too Rare' - Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes

Gold is rare, but not too rare’ – Bitcoin’s Supply Limit hinders usability, says Steve Forbes.

The American publisher, Steve Forbes, recently published a video about his thoughts on bitcoin and told viewers that the popular crypto asset “not yet” is the new gold. The editor-in-chief of the company magazine says that… bitcoin’s value “remains too volatile,” … read more.

Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush

Wells Fargo Investment Institute Report compares Bitcoin to the Gold Rush of 1850.

On Monday, the U.S. bank Wells Fargo’s wholly owned subsidiary and registered investment advisor the Wells Fargo Investment Institute published an investment strategy with a page dedicated to the crypto asset bitcoin. The contributing author and head of the institute … read more.

Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders

Another Asian Crypto Exchange suspends its withdrawal if China detains one of its founders.

The Chinese authorities launch a national crackdown against fraudulent SIM card and bank account systems. The last person detained as part of this operation is one of the founders of a Hong Kong-based cryptocentral CEO of Global (ceobi). Crypto Exchange Founder Tasks Into … read more.

Report: Cryptos Set for Massive Adoption in the US as More Americans Embrace Digital Alternatives to the Dollar

Report: Cryptoset for mass adoption in the US as more Americans embrace digital alternatives to the dollar

A study commissioned by Satoshilabs shows that of the 45.8% of American respondents who say they own cryptos, almost everyone (95%) believe that cryptos are a real currency solution. In addition, about 31.7% of the respondents see crypto … read more.

Hackers Demand Over 1,800 BTC From Electronics Giant Foxconn After Ransomware AttackMore than 1,800 BTC from Electronics Giant Foxconn After Ransomware AttackA multinational

electronics giant and a well-known manufacturer of Apple products is the latest victim of a millionaires-ransomware attack on one of its affiliates during Thanksgiving weekend. Apple’s manufacturer is the latest victim of the notorious Ransomware gang … read more.

Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand

Gold Bug Frank Holmes Optimistic about BTC Prospects in 2021, says Halving Cushioned Demand

Well-known prospector, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions regarding the value of gold in 2021. Holmes also said that theat cryptocurrencies… read more.

Venezuela Pays for Imports From Iran and Turkey With Bitcoin to Evade Sanctions

Venezuela pays for imports from Iran and Turkey With Bitcoin to evade sanctions

Venezuela is reportedly paying companies in allied countries, including Iran and Turkey, with bitcoin to mitigate the impact of the US sanctions on its economy. The Venezuelan government is also planning to increase the use of bitcoin now that the country is a committed … read more.

Citigroup Downgrades Microstrategy to 'Sell' Rating Over 'Aggressive' Bitcoin Purchases

Citigroup is lowering its micro-strategy for ‘selling’ the ‘aggressive’ bitcoin purchases.

Citigroup downgraded the Nasdaq-listed, pro-bitcoin Microstrategy to a “sales” rating after announcing it would offer $400 million in convertible higher notes to buy more bitcoin. Microstrategy currently holds approximately 40,824 bitcoins. Citi Analyst Uncomfortable With Microstrategy’s “Disproportionate … read more.

'Absolutely Inevitable': Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption Standard Chartered Bank CEO Sees Widespread Cryptocurrency AdoptionStandardChartered

Bank CEO Bill Winters views the adoption of digital currencies as “absolutely inevitable”. He says there is a role for both private digital currencies and state-sponsored currencies. His bank then announces that it is launching a crypto custody … read more.

Marathon buys 10,000 Bitcoin miners, Machines will maximize the 100 Megawatt Montana facility.

On December 9, the Nasdaq-listed cryptography mining company, Marathon Patent Group, announced that it is buying 10,000 Antminer S-19j Pro units from Chinese mining manufacturer Bitmain. According to Marathon, following the acquisition of the next generation of bit miners, the company will … read more.

Fidelity Digital to accept Bitcoin as collateral for money loans

Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against money loans in partnership with Blockfi. The firm’s decision will help bitcoin investors convert their digital holdings into cash without selling. Fidelity’s target customers include hedge funds, … read more.

Indian Crypto Boom: New Traders Flood Exchanges — CEOs Reveal What's Driving Massive Growth

Indian Crypto Boom: New Traders Flood Exchanges – CEOs reveal what drives massive growth

The Indian cryptography industry is experiencing enormous growth. New traders are flooding the crypto exchanges, managers of four of the largest crypto trading platforms in India told news.Bitcoin.com exclusively. They also share their views on what drives the Indian crypto market, … read more.

Spain's Second Largest Bank BBVA Launches Bitcoin Trading and Custody in Switzerlandsecond largest bank BBVA is launching Bitcoin Trading and Custody in SwitzerlandBBVA,

the second largest bank in Spain, has announced the launch of its bitcoin trading and custody service through its Swiss subsidiary. Starting with bitcoin, BBVA plans to expand its services to other crypto classes. BBVA is rolling out Bitcoin Trading and Custody … read more.

Southeast Asia’s Largest Bank DBS Launches Full-Service Bitcoin Exchange

Southeast Asia’s largest bank DBS launches Full-Service Bitcoin Exchange

DBS, the largest bank in Southeast Asia, has officially announced the launch of several crypto services, including a crypto exchange. DBS’s crypto platform supports four fiat currencies and four cryptocurrencies, including bitcoin. DBS launches Bitcoin Services DBS has officially announced … read more.

Study: Over 13% of All Proceeds of Crimes in Bitcoin Passed Through Privacy Wallets in 2020

More than 13% of all crime proceeds in Bitcoin went through the privacy purse in 2020

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According to a

study published by Elliptic, more than 13% of all crime proceeds in bitcoin (BTC) were laundered through the privacy wallet in 2020, an increase of 2% from the figures in 2019

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13% of all … read more.

Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto

Man jailed for Role in the $25 Million Ponzi scheme involving a Failed Crypto.

A federal district judge of South Florida sentenced Jose Angel Aman to 84 months in prison for his role in executing a $25 million diamond Ponzi scheme. In addition, the judge has ordered Aman to repay more than $23 million … read more.

Published on Friday 11 December 2020 10:10:24 +0000