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Bitcoin Lightning Startup Zap Goes Global, Adding Multiple Fiat Pairs, Stablecoins
6.1.2021
Visa partner Strike is adding support for multiple fiat currency pairs plus stablecoins as part of its journey to become a “Bitcoin neo-bank.”
What Does It Cost to Become an FCA-Approved Exchange? EXMO Execs Explain
6.1.2021
The U.K.-registered EXMO exchange is one of the many crypto startups to go through the FCA approval process. Execs detailed the work it took to get there
6th Global Blockchain Congress by Agora Group Will be Held on February 9, in Dubai
6.1.2021
The 6th edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on February 9th and 10th, 2021, in Dubai. The conference boasts an amazing line up of speakers including keynote addresses by his excellency Dr. Obaid Al Zaabi, Dr. Obaid has an account CEO...
Skybridge Bitcoin Fund Debuts With $310 Million — Investment Manager Expects Each BTC Worth $535K
5.1.2021
Skybridge Bitcoin Fund’s assets under management have risen to $310 million. Expecting the cryptocurrency to become a digital replacement for gold, the firm reportedly values bitcoin at $535,000. Skybridge also predicts that bitcoin’s price will reach $100,000 this year. Skybridge...
The US Dollar’s Share of Global Reserve Currencies Drops as Japanese Yen’s Share Increases
5.1.2021
The U.S. dollar’s dominant position as the reserve currency of choice may be in peril, as its share of global currencies held in reserves continues to decline. International Monetary Fund (IMF) data shows, the dollar’s share of reserves dropped from 66% in Q3 of 2014 to just above...
Ideaology Announces IEO Collaboration and Subsequent Listing of IDEA Token with Bitcoin.com Exchange
4.1.2021
PRESS RELEASE. Ideaology, the blockchain-oriented company building a digital ecosystem by energizing the market and utilizing the world’s global workforce announces today an agreement with Bitcoin.com Exchange for a public sale and the subsequent listing of the Ideaology Token (IDEA)...
This Is What Global Open-Source Money Seems Like
3.1.2021
Some insist bitcoin simply can't be money because it has no basis in the material world. But the argument owes more to semantics than reality
Bitcoin Value Leaps Over the $31K Handle, BTC Sees an All-Time Price High in 2021
2.1.2021
The price of bitcoin has crossed a new all-time high on Saturday morning (EST), spiking over $31k per coin. At around 8:43 a.m., bitcoin’s value climbed to $31,417 per unit with roughly $12 billion in global trade volume. Bitcoin (BTC) has surpassed the $31k price zone, and has jumped very...
Chinese Miners Migrate to Nordic Regions, Mining Exec Says Hashrate Migration One of the ‘Biggest Developments’
31.12.2020
China has the largest concentration of bitcoin miners worldwide with estimates noting the country captures anywhere between 50-65% of the global hashrate. Xinjiang, the autonomous region of the People’s Republic of China, ostensibly accommodates 35% of the hashrate. This week a regional...
Bitcoin Price Touches $28,600, Crypto Asset’s Value Gains Over 288% in 2020
30.12.2020
The price of bitcoin touched an all-time high at 3:12 a.m. (EST) during the early morning trading sessions reaching $28,600. The crypto asset’s market valuation is over $519 billion on Wednesday, as bitcoin markets command over 14 billion dollars in global trade volume. Bitcoin (BTC) markets...
The Global Challenge of Regulating Virtual Assets
24.12.2020
Moving through the high-level confusion of an emergent field of digital assets during a pandemic presented unique challanges
US China Trade War Effect on Global Economy
24.12.2020
A trade war is the last thing that any country would want as it weakens the entire global economy and disrupts people’s well-being. A trade war happens when one country retaliates against another by placing restrictions, like raising import on goods imported from other countries. A trade...
Skybridge Bitcoin Fund Launches With $25 Million: Anthony Scaramucci Expects ‘Avalanche of Institutional Investors’
23.12.2020
Global investment firm Skybridge Capital has launched a bitcoin fund with $25 million. The founder of the company, Anthony Scaramucci, is bullish about bitcoin. “It’s the first inning,” he said, adding that “You are about to see that wave of early adoption by...
Global Equity Head at Jefferies Says the Investment Bank Will Buy Bitcoin and Reduce Exposure to Gold
22.12.2020
Christopher Wood, the global head of equity at Jefferies, a global financial services company, says the firm will reduce exposure to gold in favor of bitcoin. He adds that there are plans to increase the crypto component of Jefferies’ long-only global portfolio for U.S. dollar-denominated...
Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package
21.12.2020
Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...
Global ABS and Structured Finance Summit 2021 Will Take Place on January 27th–28th, 2021
21.12.2020
The Global ABS and Structured Finance Summit that will take place on January 27th–28th, 2021, is brought to you by Opal Group, a global conference organizer which creates large networks of top industry leaders. This summit is an educational and networking forum designed for investors, issuers...
CoinEx Celebrates Third Anniversary With Overall System and Product Upgrade
18.12.2020
PRESS RELEASE. CoinEx, a global and professional cryptocurrency exchange service provider, celebrates its third anniversary and announces that it has upgraded and optimized the underlying system as well as the front-end. After months of hard work by the R&D department, CoinEx has completed...
IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
18.12.2020
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...
Massive Fake Celebrity-Endorsed Bitcoin Investment Campaign Duping Google, Facebook Traced to Moscow
17.12.2020
A massive bitcoin ad scam campaign — which features celebrities and mainly targeted Australians — has been traced. The investigation’s findings point to a “highly organized” global business that relies on five addresses in Moscow’s center. Massive Bitcoin Ad Scam...
Bitcoin Fund Debuts on Canada’s Biggest Stock Exchange
17.12.2020
CI Global Asset Management has begun to trade on the Toronto Stock Exchange in Canada. The fund’s initial public offering managed to raise $72 million and units commenced trading in both U.S. dollars and Canadian dollars. CI Global Fund Begins Trading CI Global Asset Management has made...