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Bill Miller’s Multibillion-Dollar Hedge Fund to Add Bitcoin Exposure via GBTC
7.2.2021
Billionaire hedge fund manager Bill Miller’s flagship fund will soon be able to add bitcoin exposure by investing in Grayscale’s bitcoin trust (GBTC), according to its filing with the U.S. Securities and Exchange Commission (SEC). The fund currently has about $2.25 billion in assets...
Crypto Long & Short: Could Scalable Payments for Bitcoin Undermine Its Value?
7.2.2021
A stream of crypto payments services coming to market give new life to the debate around whether bitcoin can be both a store of value and a payments token
Miami mayor aiming for 'the most progressive crypto laws'
7.2.2021
“We want to make sure that we believe that if all things are equal, we win," said Mayor Francis Suarez
Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New
7.2.2021
The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies
Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison
7.2.2021
The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments. The U.S. Department of Justice (DOJ) announced Thursday that...
Billionaires pushing crypto: Mexico’s third-richest person changes Twitter bio to include Bitcoin
7.2.2021
Elon Musk continues pumping DOGE while Ricardo Salinas Pliego sticks to Bitcoin
German Authorities Can’t Access Bitcoins Worth $65 Million ‘Seized’ From Hacker
7.2.2021
German authorities have been unable to gain access to more than 1,700 bitcoins belonging to a convicted hacker, who kept silent about how to access his crypto stash while serving his prison sentence. German prosecutors in the Bavarian town of Kempten said Friday that they have been unable to gain...
Rock Legend Gene Simmons Talks Bitcoin: Musician Believes China Is Behind the Ripple Lawsuit, Dollars Are Based on Nothing
7.2.2021
The American musician, co-lead singer, and bassist for the rock band Kiss, Gene Simmons, has been very talkative about cryptocurrencies during the last two weeks. Just recently, Simmons sat down with Bitcoin.com’s podcast host, Dustin Plantholt and the two discussed a variety of subjects like...
Crypto-friendly faces poised for positions in Biden administration
7.2.2021
The crypto industry appears to be abuzz with potential, given confirmed and possible appointments in the Biden administration
DOGE and XRP rally as pump and dumps sneak back into crypto markets
7.2.2021
Amid the r/Wallstreetbets revolution, several altcoins are falling prey to pump-and-dump schemes
Indian Government Prepares to Fast Track Crypto Bill — Plans to Introduce Cryptocurrency Law in a Month: Report
7.2.2021
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian...
Are GameStop-Style Surges In Crypto Any Different From Old Pumps & Dumps?
7.2.2021
Source: Adobe/epic_images
The biggest financial craze of the first month of 2021 was neither bitcoin (BTC) nor any other cryptoasset. It’s GameStop (GME), or rather the anti-short collective buying that has emerged around this stock of a troubled US company and other heavily shorted securities.
In...
The ethics of hiring cheap Filipino staff: Crypto in the Philippines Part 2
7.2.2021
"When you realize the difference in purchasing power it's like ‘Yes, they are earning much, much less than an Australian salary’. But it also costs much, much less, to live here."
Retail Crypto Adoption Advances Amid Pandemic as Acceptance and Fungibility Broaden Value
7.2.2021
While the rise in cryptocurrencies over the last year has been the source of excitement among advocates and consternation for its detractors, a look at prices alone hides the real value being unlocked within the ecosystem. Cryptocurrency’s Real Value Lies in its Use, Not Speculation With...
Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come
7.2.2021
More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started
Bitcoin Bull-Run Boosts Sales of a French Premium Wine Retailer Despite the Coronavirus Pandemic
6.2.2021
A French wine trading firm has been favored by the recent crypto bull-run, specifically with the bitcoin prices surging across the board. Despite the pandemic, Lasserre & Papillon is making good numbers after founding BTC Wine. BTC Wine Was Launched During the 2017 Crypto Prices’ Rally...
Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’
6.2.2021
Grayscale Investments has surpassed the milestone of $30 billion in net crypto assets under management (AUM). The company says the tremendous growth is due to institutional investors, particularly hedge funds. Grayscale revealed Friday that its net total crypto assets under management now stands...
Serbian Man Extradited to US After Being Indicted In $70 Million Crypto Fraud
6.2.2021
The scheme allegedly included offering bitcoin at “half market price.”
Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%
6.2.2021
The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that...
Bitcoin Climbs Past $40k, Analyst Expects Another Jump in BTC Value, ETH Taps New Highs
6.2.2021
The price of bitcoin is nearing the crypto asset’s all-time price high on Saturday, as the digital currency has gained over 6% during the last 24 hours. The last time BTC was this high in value was during the first week of January when bitcoin touched a high of $42k that week. Crypto Prices...