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Bitcoin (BTC)

Avanti Completes Funding Round, Will Build Bitcoin Bank

Avanti Financial – a financial services provider based in the United States – has managed to raise an impressive $37 million in new money through a Series A funding round. The company plans to utilize the funds to establish a cryptocurrency bank for family offices and top-tier investors. Avanti Financial Is Raking in the Dough Cryptocurrency is getting closer and closer to mainstream territory. Over the past several months, one of the consistent signs of this is the fact...

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Argo Blockchain Joins with DMG to Establish “Clean” Bitcoin Mining

One of the big problems with bitcoin as of late is that it hasn’t become very energy conscious. Many companies and individuals alike complain that mining the currency is causing huge problems for our environment, and they want to make sure the planet is still in a healthy place in the future. Now, firms such as DMG Blockchain Solutions and Argo Blockchain are taking these worries to heart and looking to create an entirely new green sector for the mining space. Argo...

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Grayscale Reports Over $3 Billion Increase in AUM in Just Four Days

Grayscale now holds 44.1 billion assets under management, which represents an increase of over 3 billion in just four days.  As reported by CryptoPotato, Grayscale expanded its crypto-trust offerings, adding five new tokens: Chainlink (LINK), Basic Attention Token (BAT), MANA (Decentraland), Filecoin (FIL), and Livepeer (LPT). These trusts, already operational for eligible accredited investors, surged in price considerably after the announcement. Demand For More Cryptos...

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UK Man Charged with Bitcoin Scam, Incurs Huge Financial Penalty

Cryptocurrency fraud is and always has been a problem in the financial space, but it’s rare that a scam of this magnitude comes along. A man in the U.K. is being ordered to pay a financial penalty of approximately $571 million by a U.S. court following the implementation of a phony bitcoin operation that saw him earn more than 22,000 BTC from unsuspecting victims. A Major Bitcoin Scam Occurred Four Years Ago The penalty is being enforced by the Commodity Futures Trading...

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Cross-Chain DeFi Protocol HARD Announces Version 2 Upgrade

[PRESS RELEASE] HARD Protocol, the cross-chain DeFi money market platform built on top of Kava, has announced its Version 2 upgrade enabling customers to earn up to 25% APY on various currencies, including bitcoin. Additionally, the updated version will also introduce different functions for financial institutions looking to take advantage of the growing decentralized finance space. HARD Protocol’s V2 Upgrade Announced The Kava blockchain, developed and released by Kava Labs,...

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Goldman Sachs to Launch Its Bitcoin Offering for Wealth Managers In Q2 2021

Mary Rich, the investment bank’s incoming global head of digital assets for the private wealth management division, told CNBC in an exclusive interview that they will launch the service in Q2 2021.  ″We are working closely with teams across the firm to explore ways to offer thoughtful and appropriate access to the ecosystem for private wealth clients, and that is something we expect to offer in the near-term,” Rich said. Full Spectrum Investments She noted that the bank might...

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Altcoins To Watch: ORN, GRT, NEO

Cryptocurrency market on the last day of March thrilled some investors in the field as Bitcoin dropped nearly $2K in minutes, and all major coins suddenly turned red. Stepping into April I would like to suggest 3 altcoins to watch in April as they have some updates to share.The GraphStarting with GRT the token of the Graph – Google of the blockchain. The regular process of querying data on a blockchain would require an engine to search for the particular parcel of data in all blocks starting...

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Bitcoin Price Analysis: BTC Sees Third Rejection of $60K In 2 Weeks, What’s Next?

Bitcoin saw some wild price action today as the cryptocurrency spiked almost 2% to the daily high of $59,815 but immediately dropped 5% in a matter of minutes, from there to reach the daily low of $56,710. It has since recovered, but the bottom line is that the $60K mark got rejected for the third time over the past two weeks. A quick recap: Bitcoin had rebounded from the $43-44k zone at the beginning of March, and reached its current ATH of $61,781 toward the middle of the...

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Parlons Bitcoin : C’est quoi un bitcoin ?

« Dans cet épisode, je t’explique ce que sont les bitcoins dans tes coffres. Je te partage une compréhension intuitive en utilisant l’image mentale de reçus. Tu peux voir les bitcoins que tu possèdes comme des reçus de possession que seul.e toi a le droit de transmettre. Ensuite, je t’explique comment un acteur malhonnête s’y prendrait pour tenter de tricher dans le système. Et enfin, quel mécanisme...

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Chipotle to Give out Free $200,000 in Bitcoin and Burritos on April 1

According to the Chipotle prize breakdown, three fans will win $25,000 worth of Bitcoin, 50 fans will win $500 worth of Bitcoin, and 10,000 fans will win one free Burrito.Chipotle Mexican Grill (NYSE: CMG) will become the first restaurant brand in the US to launch a giveaway in Bitcoin. This initiative is part of the programs set up to celebrate National Burrito Day. The giveaway program will be done in a form of a game to replicate the complicated case of Stefan Thomas, founder, and CEO of...

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