Bitcoin (BTC)

HSBC reaffirmed that it has no intentions to launch a cryptocurrency trading desk or offer Bitcoin as an investment option to its clients. According to the institution, the digital asset is too volatile and lacks transparency. ‘We Are Not into Bitcoin’ The current crypto market situation continues to be highly unstable, mainly fueled by China’s intentions to crack down on mining and trading with the primary digital asset. As such, it comes as no surprise that another major...

Die Saga um Elon Musk und den BTC ist noch nicht vorbei. Gestern trafen sich der Tesla CEO und führende Bitcoin Miner, um über die Nutzung von erneuerbaren Energien beim BTC-Mining zu sprechen. Bitcoin News: Elon Musik trifft sich mit Bitcoin Minern und der Kurs steigt wiederDas Resultat des Treffens war die Gründung des Bitcoin Mining Councils, welches erneuerbare Energien weltweit promoten möchte.Yesterday I was pleased to host a meeting between @elonmusk & the leading Bitcoin miners in...

Todd Morley – co-founder of Guggenheim Partners and chairman of the blockchain project Overline – said that Ethereum has ”much higher utility” than Bitcoin. Additionally, he outlined ETH’s rapid development progress. ETH Is More Than a ‘Thing’ In a recent Bloomberg interview, Todd Morley – a former executive of the global investment company Guggenheim Partners – compared the utilization of the networks behind the top two digital assets. However, he was short-spoken about...

Ethereum gives a higher utility when compared to Bitcoin. Ethereum has earned global recognition, thanks to its momentous growth, evidenced by the introduction of smart contracts, NFTs, and yield farming.According to Todd Morley, a former investment partner and co-founder at Guggenheim, Ethereum is much better than Bitcoin as it can be utilized in many ways. In his own words, he stated that “Ethereum has higher utility than Bitcoin”. In an interview on Monday, he said Bitcoin was a thing....

After plummeting to a multi-year low of -21%, the Grayscale Premium has normalized quite a bit to around -4%. The metric could return back to a positive territory later this summer as the majority of GBTC investors will see their holdings released. Grayscale Premium Returns to Normal Ground Founded in 2013, Grayscale is the largest crypto asset manager enabling accredited investors to receive exposure to BTC and other crypto assets without worrying about storing and managing...

According to the NYDIG CEO, cash being a liability has fueled companies’ decisions to adopt Bitcoin as their treasury reserve asset. NYDIG CEO Ross Stevens is bullish on Bitcoin, saying that cash is no longer an asset but a liability. The founder and executive chairman of NYDIG talked about how Bitcoin is lifelong financial security in a recent interview with MacroMinds. According to him, the crypto giant is an unconventional way to escape poverty.NYDIG acquired a substantial amount of...

After an impressive rebound following the retest of the $30K area on Sunday, bitcoin reached $40K earlier today. However, over the past hours, the primary cryptocurrency is losing momentum. The question is whether this huge $10K recovery will turn into a “dead-cat bounce,” or bitcoin will able to penetrate through the heavy resistance zone of $40-42K? The good news is that, as of now, bitcoin’s price is still up by a total of 18% from Sunday’s low. Quick recap: The primary...

James Bullard – the President of the Federal Reserve Bank of St. Louis – advised that investors should be extra cautious when investing in digital assets. The US banker went further, labeling most of them as ”worthless.” Nonetheless, he revealed that the Fed is looking into launching its own digital coins. Most of The Assets Are Useless In a recent interview with Yahoo Finance, James Bullard – CEO and President of the Federal Reserve Bank of St. Louis – shared his thoughts...

ADA price started a fresh increase after it tested the $1.10 support zone against the US Dollar. The price is still trading well below $1.75 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.48 on the 4-hours chart (data feed via Bitfinex). The price could correct further lower, but the bulls are likely to remain active near $1.400 and $1.350. Cardano price is facing a major barrier near the $1.700...

Lancé par Michael Saylor, CEO de MicroStrategy, avec le soutien des sociétés nord-américaines Argo, Blockcap, Hut8, Marathon Digital Holdings, Riot et Core Scientific, le « Bitcoin Mining Council » se propose de « promouvoir la transparence de l’utilisation de l’énergie » des opérations de mining et « d’accélérer les initiatives de développement durable dans le monde entier ». L’initiative, saluée...