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Bitcoin (BTC)

FTX CEO Says Upcoming GBTC Unlock Does Not Matter Much for Bitcoin

Although the CEO warned that anything could happen, he believes that the total 40,000 GBTC to be unlocked soon would not really affect Bitcoin.The CEO of FTX Sam Bankman-Fried has said that the unlocked Grayscale Bitcoin Trust (GBTC) shares which could be sold sometime soon, may not affect the price of Bitcoin. According to the crypto derivatives exchange CEO, the possible GBTC push into the secondary market “does not matter much” for Bitcoin.In a recent tweet, Bankman-Fried said that there...

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Grayscale’s Digital Large Cap Fund Becomes an SEC-Reporting Product

After the Bitcoin and Ethereum Trusts, Grayscale’s Digital Large Cap Fund has also filed and been approved to become an SEC-reporting product. Additionally, the largest digital asset manager has filed three more Registration Statements with the Commission. Grayscale Investments, the large cryptocurrency asset manager, filed a Registration Statement on Form 10 with the Securities and Exchange Commission earlier this year. The company announced on July 12th that the application...

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Bitcoin – vers une scission entre pouvoir politique et monétaire. Réelle possibilité ou fantasme ?

« Alors que pendant des siècles la monnaie a été la propriété totale et sans condition des Etats et des souverains, le bitcoin semble laisser d’autres ouvertures. Et si une scission entre pouvoir politique et pouvoir monétaire apparaissait ? Comment les États pourraient-ils se réinventer pour ne pas subir ce changement de plein fouet ? Un monde pluri-monétaire, bitcoin en tête, serait-il viable ? » Réalisation : Richard Détente pour Grand Angle Crypto

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HIVE Blockchain Buys 3,019 Mining Machines to Increase its Bitcoin Hash Rate by 46%

Hive Blockchain Technologies Ltd, the cryptocurrency mining firm that went public in 2017, has purchased more than 3,000 mining devices. The machines, MicroBT WhatsMiner M30S, should increase the firm’s overall Bitcoin hash rate by nearly 50%. HIVE Buys 3,019 Miners The company announced its latest purchase in a press release on July 12th. The equipment will be put to work shortly with an aggregate hash power of 264 Petahash per second, which should increase the overall BTC...

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El Salvador Faces Potential Limitations of Bitcoin as Legal Tender, Says JPMorgan

JPMorgan pinpoints Bitcoin (BTC) illiquidity, volatility, and social skepticism as “limitations on its potential as a medium of exchange” in El Salvador.JPMorgan Chase & Co (NYSE: JPM), has said headwinds are due for El Salvador recently pronounced Bitcoin Law. Authored by Steve Palacio, Joshua Younger, and Veronica Mejia Bustamante, the bank’s report was released on Thursday.Details state that Bitcoin has $40-$50 billion daily trading volumes but that most of these are internalized by...

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Bitcoin Price Tops $34K on Another Minimal Weekend Volume (Market Watch)

The trading volumes remained low during the weekend once again, but bitcoin jumped by more than $1,000 in a day to a high of around $34,700. The alternative coins have also bounced off and reclaimed some ground, with BNB exceeding $330 and XRP spiking by 5%. Bitcoin Tops $34K Despite Minimal Volume The scenario in the past two weekends was quite similar, and we didn’t see much going on. As a result, the trading volume reached multi-month lows, according to data from...

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Stellar Lumen (XLM) Price Could Rally Above $0.25

Stellar lumen price tested the $0.2320 support before correcting higher against the US Dollar. XLM price is now facing resistance near $0.2550 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.2480 on the 4-hours chart (data feed via Kraken). The pair is likely to start a steady increase if there is a break above the $0.2550 resistance. Stellar lumen price is facing hurdles near $0.2500 and $0.2550...

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Neues Forschungsteam der Bank of America beschäftigt sich mit Bitcoin

Die Bank of America Corporation ist eine US-amerikanische Grossbank mit Hauptsitz in Charlotte, North Carolina. Das Unternehmen war seit Juli 2006 zeitweise das grösste Kreditinstitut der Vereinigten Staaten. Die Bank of America, ihres Zeichens das zweitgrösste Kreditinstitut der Vereinigten Staaten, hat angekündigt, in Zukunft dem Krypto-Bereich ein spezialisiertes Forschungs-Team zu widmen. An dessen Spitze soll laut Bloomberg Alkesh...

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Physisch besicherter Bitcoin-ETP von Iconic Funds auf Euronext gelistet

Der physisch besicherte Bitcoin-ETP von Iconic Funds ist nun über den Börsenverbund Euronext auch an den Handelsplätzen Paris und Amsterdam gelistet und in den Handel aufgenommen. Das physisch besicherte Bitcoin-ETP von Iconic Funds (ISIN: DE000A3GK2N1; Ticker: XBTI) ist seit dem 1. Juli 2021 an der Euronext in Paris und Amsterdam notiert und gehandelt. Das ETP mit einer...

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15 Years Behind Bars for a Swedish Man Who Stole Over $16 Million in Bitcoin

The Swedish resident – Roger Nils-Jonas Karlsson – pleaded guilty to luring at least 3,575 people into a fraudulent Bitcoin investment scheme. According to the investigation, he embezzled more than $16 million from his illegal actions and will spend the next 15 years in federal prison. The Pension Plans Turned out to Be a BTC Scam The Department of Justice (DOJ) revealed that the 47-year-old Roger Nils-Jonas Karlsson skimmed thousands of people in a typical “Ponzi scheme”...

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