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Danish Central Banker Tempted to Ignore Cryptocurrency — Sees Real Threat in ‘Big Tech Invading Currency Area’
28.5.2021
Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or...
Bank of Canada sees no strong case for a digital dollar — for now
27.5.2021
Amid the global CBDC race, the Canadian central bank does not currently see a strong case for issuing a state digital currency
Voyager Digital sees 16X increase in quarterly revenue, first operating profit
26.5.2021
The Canadian trading and yield app recorded $60 million in revenue for Q1, 2021
Cardano sees largest weekly inflows from institutional managers — CoinShares
24.5.2021
Environmental FUD concerning Bitcoin seems to be everywhere these days. But is it enticing more investors to seek out proof-of-stake projects?
Former US Treasury Secretary Larry Summers Says Cryptocurrency Is Here to Stay as Digital Gold
23.5.2021
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-day workings of governments.” Former World...
Mystery Bitcoin Whale from 2010 Disappears, Dormant Address from 2013 Sees Strange Activity
23.5.2021
Toward the latter half of 2020 and during the first quarter of 2021, a mystery miner spent 200 block rewards from 2010 by transferring 10,000 bitcoin during the year. Since the whale’s last 1,000 bitcoin spend on March 23, the patterns of 20 decade-old strings of coinbase rewards...
Fund Manager Bill Miller Unfazed by Falling BTC Price, Says Bitcoin Correction Is ‘Pretty Routine’
21.5.2021
The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency. Bill Miller...
Ark Invest CEO Reaffirms $500K BTC Price Prediction, Says Bitcoin Is in ‘Capitulation Phase’
21.5.2021
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, no matter what the asset is.” Ark Sees...
Apparent BlockFi Fat Finger Gaffe Sees Users ‘Credited BTC 701’
19.5.2021
Zac Prince, CEO and Co-founder of BlockFi. Source: a video screenshot, Youtube, Bitcoin Archives
Customers of the crypto lending service BlockFi got considerably more than they bargained for when what appears to have been a clerical error ended up in massive promotional campaign reward bitcoin...
Dfinity's ICP token sees violent first day of trade on major exchanges
11.5.2021
Dfinity’s “Internet Computer” tokens are finally tradable after five years in the making
Traders Rotate From Bitcoin To Alts, While JPMorgan Sees Ether As Overvalued
10.5.2021
Ethereum (ETH) and altcoins might keep outperforming bitcoin (BTC) in the months ahead, while the most popular crypto is preparing for a lift off, according to major crypto exchange Kraken. Meanwhile, JPMorgan sees "froth" in the crypto market and claims that ETH is now heavily...
Citi Sees ‘Very Rapid’ Accumulation of Interest in Bitcoin — Contemplates Launching Crypto Services
9.5.2021
Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering bitcoin-related services to their...
Elon Musk Sees Dogecoin as ‘Stimulus for People Kicked by Pandemic’ but Says ‘Please Invest With Caution’
8.5.2021
Spacex and Tesla CEO Elon Musk sees dogecoin as his “private stimulus for the people” that represents “legit hope for people” hit by the coronavirus pandemic. While the price of dogecoin has been pumping alongside a number of other cryptocurrencies, Musk cautioned...
US Senator Elizabeth Warren Bashes Cryptocurrencies Citing Environmental Impact, Investor Protections
7.5.2021
US Senator Elizabeth Warren sees several issues with bitcoin and other cryptocurrencies. She said that “we need a good strong regulatory agency that can continue to update,” claiming that cryptocurrencies invite “investors to come in without the ordinary protections of...
The fees sting but Uniswap v3 sees more volume on launch day than v2's first month
7.5.2021
Several users have aired complaints about the new version, especially its higher gas fees
Paypal Crypto Shows ‘Really Great Results’ Amid Strongest Quarter Ever, CEO Says
7.5.2021
The CEO of Paypal has revealed that the company’s cryptocurrency business is showing “really great results.” The first quarter was Paypal’s best quarter ever overall and the strongest year in the history of the company, the CEO emphasized. Paypal Sees ‘Really Great...
UBS Chief Economist Says ‘Bitcoin Is Denied to Minority Groups Who Have Reduced Online Access’
2.5.2021
A chief economist at UBS, the largest bank in Switzerland, sees a number of problems with bitcoin. In attempting to answer the question of whether the cryptocurrency defies the zeitgeist, he claims that “bitcoin is denied to those minority groups who have reduced online access.”...
MicroStrategy sees up to 52% revenue surge as Saylor confirms more Bitcoin buys ahead
30.4.2021
New figures show certain revenue sectors boomed by over 50% in Q1 2021 compared to the same quarter last year
Goldman Sachs Doubts Bitcoin as Store of Value Citing Environmental Problems and ‘Lack of Real Use’
29.4.2021
Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other...
Bitcoin price nears $55K as fund manager ‘still sees $100K’ in 2021
27.4.2021
Some analysts still expect six-figure Bitcoin prices this year despite the recent market panic