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Report: $4B in Bitcoin Mining Loans Are in Distress — JPMorgan Analyst Says Price Pressure Stems From Miner Sales
27.6.2022
Cryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The report, which quotes the co-founder of mining company Luxor Technologies, Ethan Vera, says that...
BitMEX Boss: El Salvador-style Bitcoin Adoption on the Cards for 5 More Nations
7.10.2021
oin (BTC) legal tender status. Höptner claimed that “at least five countries” will “accept bitcoin as legal tender” before next year is out.In a blog post, the CEO
Store Or Not Store Of Value? Three Reports Weigh In On Bitcoin
7.7.2021
Three recent reports once again showed that the popular narrative surrounding bitcoin (BTC) as 'digital gold', a safe haven asset, is not so simple and the jury is still out on this question.
Analysts at Goldman Sachs, Arca, and Bloomberg Intelligence discussed BTC as a store of value, safe haven...
COIN Stays In Frankfurt, Binance Investigated, Morgan's Bitcoin + More News
22.4.2021
Source: Instagram, Binance
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Deutsche Boerse said that Coinbase shares (COIN) can continue to be traded on its trading system Xetra...
Private Jet Booking Company Claims Its Sales Grows on Bitcoin Payments
16.2.2021
Source: A screeshot, Instagram/privatefly
UK-based private jet charter flight booking service PrivateFly has announced that bitcoin (BTC) payments accelerated this past January.
Payments in BTC generated 19% of the company’s revenue last month, and 13% of the flights were paid in bitcoin. This...
BBC Features Stories of Traders who Struck it Rich on Bitcoin
10.2.2021
The mainstream media is continuing to focus on bitcoin (BTC) in the wake of the token’s Tesla-fuelled record-breaking rise. And in the UK, the national broadcaster, the BBC, has delved into the world of British and international crypto investors, unearthing tales of folks hit the jackpot with BTC...
Expert Warns CBDCs Won’t Carry the Same Advantages as Bitcoin
25.12.2020
A leading Russian academic has told Moscow what many in the crypto world have been thinking for a very long time – that central bank digital currencies (CBDCs) like the so-called digital ruble will not provide many of the advantages of a cryptoasset like bitcoin (BTC).
Speaking in an interview with...
Ethereum Blockchain Transactions Reach Double that of Bitcoin
22.10.2020
The Ethereum (ETH) network has managed to surpass Bitcoin (BTC) in one more way as ETH now transacting twice as much as BTC, according to crypto research and analytics firm, Messari.
The Ethereum blockchain has recently overtaken Bitcoin in daily transaction volumes by a factor of two-to-one, their...
Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S. Sanctions
1.10.2020
Venezuela president Nicolas Maduro says the country is to start using cryptocurrency in both domestic and global trade, as part of efforts to neutralize crippling U.S. economic sanctions. Speaking in the country’s parliament on Sept. 29, Maduro revealed that the move will “give...
KuCoin Hack Shows Key Difference Between Altcoins and Bitcoin
28.9.2020
"Unprecedented" moves by altcoins in the aftermath of the KuCoin hack showed that the old adage "not your keys, not your coins" might be true in the case of decentralized cryptocurrencies such as bitcoin (BTC) only.
As reported, following several abnormal transactions first...
Yearn.finance Continues Rally As Traders Pay Almost 3 Bitcoin Per YFI
31.8.2020
After a month of extraordinary returns of more than 740%, DeFi darling yearn.finance (YFI) keeps climbing today, while traders remain divided on whether the top has been reached for the price or if it still has room to grow.
As of press time on Monday (10:28 UTC), YFI was up by 3.5% over the past...
As Investors Worry About Pricey Gold, Correlation with Bitcoin Falls
21.8.2020
With gold bulls seemingly on every corner, a recent survey from Bank of America has found that professional money managers now increasingly worry that the metal is becoming overvalued, even after a correction in prices from its all-time highs. Meanwhile, the realized correlation between bitcoin...
Fake Gov't Officials Blackmail People to Put Money in 'Bitcoin Machine'
20.6.2020
The local police department in a Canadian town is sounding the alarm over a bitcoin (BTC)-related scam that sees criminals impersonate government officials and call unsuspecting residents to tell them to deposit money into a “bitcoin machine.”
The scam, first reported by local news outlet...
Crypto Researcher Warns Of a Growing Systemic Risk To Bitcoin
26.5.2020
The growing custodial banking layer creates a systemic risk for Bitcoin (BTC), warned popular crypto researcher Hasu and offered two solutions.
While some say that Bitcoin could be scaled by increasing its block size, allowing more transaction per block, this would worsen the assurances of...
“I Designed Bitcoi… Gold” – The Many Facts Pointing to Nick Being Satoshi
27.11.2019
Nick Szabo is something of a legend in the crypto space, and for a good many reasons. Not least of which are his contributions to the development of Bitcoin, his early communications as a cypherpunk, and his continued influential input in economic, philosophical, political and crypto circles since....