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Coinbase Says That 60% of Its Bitcoin Buyers Go Into Altcoins


Major cryptoasset exchange Coinbase claims that although most of its users initially favor bitcoin (BTC), the vast majority also go on to trade altcoins and other digital assets. In a blog post, the platform claimed, “Among customers with at least five purchases, 60% start with bitcoin but just...

First-Time Bitcoin Buyers ‘Doubled’ in Square’s Q3 Report


Square processed $148 million in bitcoin sales in the third quarter of 2019. The payments company, founded by Twitter co-founder Jack Dorsey, released its earnings results on Wednesday, reporting revenues of $1.27 billion between July 1 and Sept. 30 of this year. Though Square’s crypto business...

Bitcoin Buyers: 19th-Century UK Church for Sale at BTC 180


Source: a screenshot, Rightmove So you’ve amassed a small fortune in Bitcoin? If you’re now wondering what to do with all your tokens, a property owner in the United Kingdom would like a word. Per a post on real estate portal Rightmove, the vendor in question is selling a decommissioned church...

Ripple is Selling XRP at a Discount to Some Institutional Buyers


Source: iStock/HT-Pix Brad Garlinghouse, CEO of Ripple, a California-based blockchain startup focusing on the banking sector, confirmed that the company is selling its native token, XRP, to some of their institutional clients at a discount. In an interview with CNN, Garlinghouse was asked at what...

Bitcoin ETF: How SEC Exemptions Help Firms Offer Interim Products


There are several exemptions the U.S. Securities and Exchange Commission (SEC) offers that allow companies to launch their bitcoin investment products without registration. While waiting for the SEC to approve their bitcoin ETF, some firms have taken advantage of these exemptions to offer...

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