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BTC to Gold Exchange Rate Surges to New All Time High of 17 Ounces per Bitcoin
2.1.2021
Bitcoin’s record-breaking rally is continuing into the new year with the bitcoin to gold exchange rate touching a new all-time high of 17.38 ounces per bitcoin. According to data from Marketwatch, the new high easily surpasses the all-time high recorded on January 01, 2021, of 10.74 ounces...
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...
Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation
2.1.2021
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts...
‘Noxious Poison’ – Bitcoin’s Market Cap Surpasses Warren Buffet’s Berkshire Hathaway Valuation
2.1.2021
For many years, the business tycoon Warren Buffet has condemned bitcoin as an investment telling people that the crypto asset is nothing but gambling. Two years ago, just before a Berkshire Hathaway 2018 annual shareholder meeting, Buffet said bitcoin is “probably rat poison squared.”...
Darknet Giant White House Market Drops Bitcoin, Supports Monero Payments Only
1.1.2021
The prominent darknet marketplace, White House Market, has dropped bitcoin payments and now accepts monero only. The darknet marketplace administrators detailed that there was an issue with a payment processor blocking Tor exit nodes, but the full transition to monero was always planned. A number...
Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan
31.12.2020
The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial...
Serbia Legalizes Digital Assets Trading and Issuance
30.12.2020
Serbia will now permit the issuance and trading of digital assets under a law that went into effect this week
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...
Large Bitcoin Futures Gap Causes Temporary Trading Pause, ETH Open Interest Hits All Time High
30.12.2020
CME Group temporarily paused trading of bitcoin futures after the market opened to a large gap of over $3,000 between the derivatives and the underlying crypto asset. According to a report, it was this huge futures gap which “amounted to a massive upside volatility” that led to...
The Bitcoin Treasuries List Exceeds $30 Billion – 29 Companies Hold BTC Reserves
29.12.2020
More than 1.1 million bitcoin or over $30 billion worth of the crypto asset is held by a myriad of companies, according to the web portal bitcointreasuries.org. The massive stash of bitcoin reserves held by well known companies started swelling after the billion-dollar firm Microstrategy purchased...
Vauld Raises $2 Million to Establish Stronghold in India
28.12.2020
Singapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential offerings of a bank, except it’s for cryptocurrencies. Vauld Raises $2 Million The Vauld team just raised...
Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’
28.12.2020
An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown that digital...
SEC Obtains Emergency Asset Freeze Against Virgil Capital
28.12.2020
Stefan Qin, the 23-year-old founder of Virgil Capital, has been accused by the SEC of “fabricated records” for failing to redeem $3.5 million in investments and attempting to withdraw $1.7 million in investor funds to pay off Chinese loan sharks
XRP is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI Claims
28.12.2020
The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating under Japanese law XRP is a "cryptocurrency asset" and not a security
Bitcoin All-Time Price High Surpasses $28K, BTC’s Half Trillion Market Cap Now Bigger Than Visa
27.12.2020
Bitcoin markets have been seeing a lot of action this weekend, as the price of the crypto asset touched another all-time high (ATH) at $28,378 per coin. Toward the end of 2020, the cryptocurrency’s market capitalization has crossed a whopping half of a trillion U.S. dollars in value....
Ripple Lawsuit Could Invoke Billions in Losses to ‘Innocent Third-Parties,’ Says Former SEC Commissioner
27.12.2020
The crypto community is extremely curious about what will happen to Ripple Labs and the token asset XRP, after the U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Ripple and two executives. On December 25, the large cryptocurrency exchange Bitstamp announced delisting...
Zero to $318,000: Proponents and Detractors Give a Variety of Bitcoin Price Predictions for 2021
27.12.2020
While bitcoin has jumped well above the $26,000 zone, a number of crypto proponents are extremely bullish for the crypto asset’s performance in 2021. During the last year, a number of pundits, experts, luminaries, and speculators have predicted bitcoin’s 2021 value after the digital...
‘Unprecedented’ Institutional Demand for Bitcoin: Bitgo’s Custodied Assets Top $16 Billion, No Paypal Deal
26.12.2020
Bitgo’s assets under custody have surpassed $16 billion. The company says it is seeing “unprecedented interest from institutional investors,” resulting from the economic impact of the coronavirus pandemic and the recent bitcoin bull run. Paypal was also rumored to be...
Bitcoin Hits $25,890, Peter Schiff Thinks BTC Price Rise Will Attract Regulators
26.12.2020
The price of bitcoin jumped well over the $25k handle touching a high of $25,890 on Saturday morning (EST). The crypto asset has an overall market valuation of $476 billion this weekend gaining over 6.8% during the last 24 hours. The overall cryptocurrency market capitalization of all the crypto...
Digital Securities Brokers May Not Be Subject to Enforcement for 5 Years, Says US Regulator
24.12.2020
The U.S. Securities and Exchange Commission (SEC) issued a statement and is looking for public comment toward the custody of digital asset securities that have been handled by special purpose broker-dealers. The statement from the SEC follows the recent crackdown against Ripple Labs and...