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Bitcoin (BTC)

Market Watch: Altcoins Skyrocket As Bitcoin Struggles Below $50K

It’s been mostly green on the cryptocurrency market over the past couple of days and this is especially true for the skyrocketing altcoins. The total market capitalization stands at around $1.45 trillion whereas bitcoin’s dominance has been reduced to 60.3%.Bitcoin Struggling Below $50,000Just yesterday, Bitcoin made another attempt to reach the coveted $50,000 mark but unfortunately, it was unable to do so. The cryptocurrency peaked at a high of exactly $49,000 on Bitstamp.At the time of...

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US Banks on Verge of Accepting Bitcoin as Legitimate Asset Class

A move by US banks to adopt Bitcoin could be a huge call to legitimize the entire crypto industry and is likely to influence other global banks. As the cryptocurrency market capitalization almost tops $1.5 trillion, US banks are feeling the pressure from within Wall Street to accept Bitcoin and other digital assets as legitimate assets. According to media outlet CNBC, the United States major financial institutions are eyeing the crypto industry as it continues to disrupt the traditional...

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Un ETF Bitcoin validé par les régulateurs canadiens

La Commission des valeurs mobilières de l’Ontario, a approuvé jeudi le lancement d’un ETF Bitcoin [1] proposé par la société de gestion d’actifs Purpose Investments en partenariat avec la plateforme Gemini. Le fonds devrait entrer à la cotation à la Bourse de Toronto dès la semaine prochaine sous le sigle BTCC. « Purpose Investments Inc. a le plaisir d’annoncer son autorisation par les autorités canadiennes en valeurs mobilières à...

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Crypto Payment Provider BitPay to Add Apple Pay to Support Retail Purchases

BitPay is joining forces with Apple Pay as more institutions are inclining toward cryptocurrencies, influenced by Tesla’s $1.5B investment in Bitcoin.Atlanta-based crypto payment provider BitPay has taken a step further with cryptocurrency transactions by incorporating Apple Pay into its platform. Now users can add the Mastercard Prepaid service to Apple Pay.This integration will allow users to spend their crypto in a secured, fast manner as well as turning them into US Dollars, the company...

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JP Morgan Considers Getting Involved With Bitcoin If Demand Keeps Growing

Investors want to get their hands on Bitcoin, and the big banks are already considering supporting the cryptocurrency so as not to be left behind.After a remarkable price recovery, Bitcoin seems to have stood the test of time, proving to naysayers that it is a reliable asset and an excellent store of value in the long term.Investors are taking note, and it seems that the constant pressures exerted by these groups on the banking sector are indeed yielding good results.JP Morgan:”We Will Have...

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General Motors Says It May Consider BTC Payments in the Future

Bitcoin is making a huge mark on the financial industry as of late. This is potentially due to recent activity from electric car company Tesla, which has purchased as much as $1.5 billion worth of the currency in the past week. The company is also looking into possibly allowing bitcoin as a method of payment for goods and services. General Motors – one of Tesla’s biggest competitors – has now come out to say that while it won’t be investing in the digital asset anytime soon, it will closely...

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The Week Tesla’s Bitcoin Purchase Sent BTC To Almost $50K: The Weekly Crypto Market Update

To say that the last week was interesting in the cryptocurrency market would be a massive understatement. Bitcoin almost reached $50K, Ethereum shot past $1800, BNB peaked at around $150 – these are just some of the highlights.Starting off, a few days ago, Bitcoin received perhaps what might be considered as its major endorsement in the recent years – Tesla revealed a bitcoin buy worth $1.5 billion in January. That’s right – one of the world’s largest public companies allocated around 15% of...

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₿trust, un fonds dédié au développement de Bitcoin en Afrique et en Inde

Jack Dorsey, CEO de Twitter, et le rappeur Jay-Za ont annoncé aujourd’hui une allocation de 500 bitcoins à un nouveau fonds nommé ₿trust, destiné à financer le développement de Bitcoin en Afrique et en Inde. Le CEO de twitter a également lancé une campagne de recrutement d’un comité de direction. « Jay-Z et moi-même donnons 500 BTC à un nouveau fonds d’aide nommé ‘₿trust’, pour financer le...

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Twitter Is Looking Into Accepting and Doling Out BTC Payments

Ned Segal – the CFO of Twitter, the second-largest social media platform in the world – says that the company is potentially looking into adding bitcoin to its official finance roster, thereby allowing payments to be made in the world’s number one digital currency by market cap.Twitter Could Be the Next Big BTC Payment ProviderSegal says that nothing is set in stone yet, though if Twitter were to make this decision in the coming weeks or months, it shouldn’t be a surprise to digital traders....

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Mark Cuban Is of Two Minds When It Comes to Crypto

Mark Cuban is back in the news talking about bitcoin. In the past, Cuban has been relatively lukewarm when it comes to the world’s number one digital currency by market cap. While the basketball team he owns – the Dallas Mavericks – will accept crypto payments for merchandise and tickets, Cuban himself doesn’t always see value in digital assets.Mark Cuban Has Mixed Thoughts on BTCNow, in a new interview, the billionaire stockholder claims that bitcoin will never be a valid currency, and he...

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