Some of the attendees of the Bitcoin 2021 conference that took place in Miami a week back have tested positive for COVID-19. Somewhat expectedly, traditional media was quick to outline the lack of responsibility on behalf of both organizers and attendees. Positive COVID Tests Following Miami Conference Bitcoin 2021, which turned out to be the biggest event centered around the primary cryptocurrency to ever be organized, took place in Miami at the beginning of June. It saw...
Read More »Bitcoin Stable at $37K: ETH Crashed 15% Against Bitcoin in Less Than 2-Days (Market Watch)
Bitcoin continued with recovering the most recent losses and ever went further to a six-day high at $38,500 before calming down. Most altcoins, though, have failed to produce any gains, and BTC’s market dominance has jumped to 44%. Bitcoin Tapped 6-Day High After bottoming at $31,000 on Tuesday, the primary cryptocurrency started to reclaim its lost ground gradually. It spiked by around $3,000 on Wednesday, added another sizeable chunk on Thursday, and kept climbing higher in...
Read More »El Salvador macht Bitcoin zum gesetzlich anerkannten und offiziellen Zahlungsmittel des Landes
Bald kann alles, inklusive Hotels und Resorts, in El Salvador mit Bitcoin bezahlt werden. Da Bitcoin ein gesetzliches und offizielles Zahlungsmittel sein wird, wird Bitcoin wohl fast überall akzeptiert werden. Foto: Strandfoto von El Cuco, El Salvador. CC0 Public Domain via Unsplash Das Parlament des in Mittelamerika gelegenen El Salvadors hat mit 62 von 84 möglichen Stimmen...
Read More »Bitcoin Cash Analysis: Remains At Risk Unless It Clears $650
Bitcoin cash price is struggling to gain momentum above $650 and $700 against the US Dollar. The price is now trading well below $650 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $650 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline unless there is a clear break above $650 and $665. Bitcoin cash price is struggling to recover above $650 against the US...
Read More »Basel Committee consults on prudential treatment of cryptoasset exposures
Basel: Bank for International Setllements : "Our mission is to support central banks' pursuit of monetary and financial stability through international cooperation, and to act as a bank for central banks." The Basel Committee on Banking Supervision today issued a public consultation on preliminary proposals for the prudential treatment of banks‘ cryptoasset exposures. While...
Read More »Goldman Sachs Report: Hedge Funds Now Hate BTC
It looks like bitcoin may be losing some of its popularity – at least among hedge funds, according to a new report issued by financial giant Goldman Sachs. Goldman Sachs Says Hedge Funds Now Dislike BTC The volatility of the world’s number one digital currency by market cap is really coming back to bite it in the rear. The asset – which over the past year has earned the attention of major institutions ranging from software firm MicroStrategy to electric vehicle company...
Read More »Amber Group Announces New Amber App Referral Program
[PRESS RELEASE – Please Read Disclaimer] Amber Group, the leading crypto trading and technology firm, announced new user perks and an enhanced referral program on its popular crypto finance mobile app – Amber App. Starting today, qualified new users are eligible to receive 18 USDS and up to 16% APR on BTC, ETH, and USD stablecoin deposits. In addition, current Amber App users are now eligible to win an additional 10 USDS for each qualified referral, an 11% bonus from the...
Read More »Elon Musk Was Pressured by Tesla’s Shareholders to Drop Bitcoin Payments, Says Kevin O’Leary
Elon Musk was pressured by Tesla’s shareholders to drop bitcoin as a payment instrument for the company’s services, believes Kevin O’Leary. The prominent investor and Shark Tank co-host further outlined BTC’s ESG concerns that have to be resolved before any other large corporation or institution enters the space. What Happened Between Tesla and Bitcoin? Tesla and its CEO rattled the crypto world last month when the EV-maker decided to disable bitcoin payments for its products...
Read More »MicroStrategy Plans Another BTC Purchase Nearing $500 Million
As if MicroStrategy did not already own a ton of bitcoin, the software firm with stock shares trading for nearly $500 at the time of writing has announced it is looking to sell approximately $400 million worth of company debt so it can purchase more BTC units. MicroStrategy Is Looking to Buy More BTC At press time, the company owns more than $2 billion in bitcoin, making it the biggest institutional bitcoin investor in the world. In second place is Tesla, which purchased...
Read More »Coinbase to Help 401(k) Provider ForUsAll with Crypto Investments
ForUsAll administers 401(k) plans for 400 clients and it is not clear how many of these have signed up for the current crypto offerings with Coinbase. Publicly listed American cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has partnered with ForUsAll, a 401(k) provider to bring crypto-related investments to the latter’s clients. The product birthed by the duo of Coinbase and ForUsAll is dubbed Alt 401(k) and will let employers provide alternative investments option within 401(k)...
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