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Morgan Stanley's Exposure to Bitcoin, Dr. Luke Prescribes BTC + More News
1.4.2021
Investments news
12 institutional funds, managed by US-based major investment bank Morgan Stanley, may have exposure to bitcoin (BTC) indirectly through cash-settled futures or indirectly through investments in Grayscale Bitcoin Trust, the bank said in a filing on March 31. Separately, as reported...
Teletubbies Lead the Madness as April Fool’s Bitcoin Bedlam Runs Amok
1.4.2021
April Fool’s Day is in full swing on social media and beyond – and the bitcoin (BTC) and crypto-related gags and pranks got off to an early flying start from the most unlikely of sources: the Teletubbies.
The official Twitter account of the popular children’s TV show descended into a carnival...
Bitcoin, Ethereum and Other Altcoins Primed for More Upsides
1.4.2021
Bitcoin price is holding gains above the USD 58,000 level. BTC seems to be struggling to settle above USD 59,200 and USD 59,500. The price is currently (12:00 UTC) showing positive signs and it seems like the bulls might aim a test of the USD 60,000 resistance zone.
Similarly, most major altcoins...
MLB's Oakland A’s Sell Full-Season Suite For Bitcoin
1.4.2021
Source: Screenshot, Instagram/athletics
The Oakland Athletics have become the first team in Major League Baseball to sell tickets for cryptocurrency as a full-season six-person suite was picked up by crypto asset platform Voyager Digital.
The embrace of bitcoin (BTC) and other cryptoassets could...
Ripple Bosses Break from Legal Battle to Bash Bitcoin
1.4.2021
Brad Garlinghouse. Source: a video screenshot, Youtube, Ripple
Not content with fighting the American regulatory Securities and Exchange Commission over the nature of the XRP token, the heads of Ripple have picked a fight with bitcoin (BTC) advocates – attacking the Bitcoin network’s often-maligned...
Bitcoin and Ethereum Follow Steady Uptrend, TRX Rallies 30%
1.4.2021
Bitcoin price corrected lower from USD 59,800, but it remained in a positive zone. BTC formed a fresh base above USD 58,000 and started a fresh increase. There was a decent increase above USD 58,500 and the price is currently (04:30 UTC) consolidating near the USD 59,000 level.
Similarly, most...
Judge Hands Convicted Crypto Tax Evader 3-Year Suspended Jail Sentence
1.4.2021
A Japanese man who was found guilty of crypto-related tax evasion earlier this month has been handed a fresh three-year suspended jail term and ordered to pay a fine of around USD 163,000 after hiding his bitcoin (BTC) earnings from the authorities.
In a high-profile case, Hideji Matsuda,...
Bitcoin Mining Difficulty Aims for All-Time High; Hashrate Already There
31.3.2021
Bitcoin (BTC) mining difficulty might be about to hit another all-time high (ATH), and the jump to lead it there would be the second-biggest one this year. Meanwhile, weekly moving average of hashrate has already hit an ATH.
Bitcoin mining difficulty, or the measure of how hard it is to compete...
Goldman Sachs To Offer Bitcoin Investments In Q2 - Exec
31.3.2021
US investment banking giant Goldman Sachs reportedly aims to offer its first investment vehicles for bitcoin (BTC) and other unspecified digital assets to clients of its private wealth management group in the second quarter.
The bank is looking at ultimately offering a “full spectrum” of crypto...
Bogus Trezor iOS App Snares Investor’s USD 1m Bitcoin Savings
31.3.2021
A bitcoin (BTC) investor who says he lost over BTC 17 (USD 0.99m) to scammers has hit out at Apple for hosting a fake app on its store that allowed criminals to make off with his “life savings.”
Speaking to the Washington Post, the investor, a Trezor wallet user named Phillipe Christodoulou...
Bitcoin to Be Worth Millions by 2023, ETH Above USD 2K by 2022 - Kraken CEO
31.3.2021
Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx
The CEO of major crypto exchange Kraken, Jesse Powell, predicted that the price of bitcoin (BTC) could be in the millions by the end of 2022, while by the end of 2021, ethereum (ETH) will rise above USD 2,000. That said, his...
Have Crypto Traders Learned? "Only" USD 600M Liquidated In One Hour
31.3.2021
Another wave of liquidations hit the crypto market on the last day of the first quarter of 2021, possibly clearing the way for a further bitcoin (BTC) rally in April.
More than USD 600m in cryptoasset trading positions was liquidated in one hour today (08:34 UTC), bringing total liquidations...
Tesla Developers Help Patch Flaw in Open-source Bitcoin Pay Software
31.3.2021
Source: Adobe/Björn Wylezich
The auto giant Tesla has gone a step further than simply buying bitcoin (BTC) and accepting BTC pay – and is now contributing fixes to open-source software built on the Bitcoin network.
In a tweet, the masterminds behind the popular payment processor and crypto wallet...
Bitcoin and Ethereum Rise Steadily, BNB Surges Above USD 300
31.3.2021
Bitcoin price remained well bid above USD 58,000 and it even climbed above the USD 59,000 level. BTC traded towards the USD 59,500 level before starting a downside correction. It is currently (04:30 UTC) trading below USD 59,000, but the bulls might protect losses below USD 57,200.
Similarly, most...
More Than 1,000 Clients Paid With Bitcoin Since 2014 - airBaltic
30.3.2021
State-owned Latvian air carrier airBaltic said that more than 1,000 clients paid with bitcoin (BTC), "purchasing one or more reservations" since this option was launched in 2014.
“In 2019, on average 15 reservations a month were paid using bitcoin, where each reservation consisted of...
Bakkt Launches Bitcoin Wallet With Starbucks And More
30.3.2021
Heavily-backed US-based digital asset marketplace Bakkt said it launched the Bakkt App, a crypto wallet that allows its customers to use their digital assets "how they prefer."
The app allows to convert participating rewards points to cash or use bitcoin as payment.
"Now available...
PayPal Launches Crypto Pay Services in United States for BTC, ETH, Altcoins
30.3.2021
The payments giant PayPal – widely credited with inadvertently sparking the current crypto bull run last year with its major crypto move – has announced the launch of a service that will allow its customers to pay with cryptoassets such as bitcoin (BTC).
In a press release, the firm stated that...
Bitcoin and Ethereum Correct Gains, Altcoins Absorb Selling Pressure
30.3.2021
Bitcoin price followed a bullish path above the USD 57,000 resistance. BTC even cleared the USD 58,000 resistance and traded close to USD 58,500. It is currently (04:30 UTC) correcting gains, with major supports near USD 57,000 and USD 56,500.
Similarly, most major altcoins gained bullish momentum....
South Korean Tech Giants May Capitalize on ‘Rising Crypto Pay Demand’
30.3.2021
A new report has suggested that South Korea’s two biggest internet-focused tech titans, Kakao and Naver, may be well-poised to take the next step in crypto pay and crypto exchange-related business expansion.
Both have already placed a foot firmly into the door of crypto, but are still taking...
Ex-SEC Chair Enters Crypto River, USD 225m Crypto Fund + More News
29.3.2021
Jay Clayton. Source: Twitter, SEC
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Career news
One River Asset Management, a USD 2.5bn firm whose crypto funds are backed by hedge fund titan Alan...