Bitcoin (BTC)

Bitso – a cryptocurrency exchange backed by Ripple – has completed a funding round that saw more than $62 million raised for the trading platform. The round was led by some of the largest venture capital firms out there including QED Investors and Kaszek Ventures.Bitso Is Bigger Than EverBitso is based in Mexico, and the company has announced that it plans to use the money it’s earned to expand its horizons across all Latin America, which is becoming a heavy hub for crypto activity in recent...

[Featured Content]Bitcoin smart contract platform RSK announced its new “Powpeg” – a new and improved version that includes many decentralized qualities that protect private keys stored in special-purpose PowHSMs.The hopes are that Bitcoin proponents will turn to it as a primary choice of DeFi. The 2-way peg protocol brings interesting features, worth having a look at.What is Powpeg?RSK’s 2-way peg protocol also referred to as the “Powpeg” has managed to mature substantially since its...

While Bitcoin has increased by a total of around 400% since the March lows, the picture doesn’t appear as bright in the short-term as it draws away from $20,000.Over the past seven days, the cryptocurrency lost over $1,000 of its dollar value, charting a decrease of about 5%.During the week, BTC managed to increase to above $19,300, but, unfortunately, it was all downhill from there. The cryptocurrency touched a low of $17,650 yesterday before recovering slightly to its current level of...

The NASDAQ-listed business intelligence company has surpassed its previous plans to offer $400 million in convertible notes. Instead, the firm announced today that it has raised $650 million via a senior convertible notes offering and asserted that the proceeds with be invested in bitcoin.The official announcement reads that “the aggregate principal amount of the notes sold in the offering was $650 million, which includes notes issuable pursuant to an option to purchase.”Although the company...

2020 has been the year of the institution. Companies such as MicroStrategy, Square and Stone Ridge have all piled their money into assets like bitcoin and given new meaning to the crypto space. Now, with just weeks to go before the year is out, several other family offices such as the Massachusetts Mutual Life Insurance Co. are following in these firms’ footsteps.Massachusetts Mutual Is the Latest Institutional Fan of BTCMassachusetts Mutual has put approximately $100 million of its money...

This week had the entire cryptocurrency market painted in red as Bitcoin withdrew to a low of $17,650 before recovering to where it currently trades at. All of the altcoins followed suit, and as a result, they’ve charted substantial decreases over the course of the past seven days, as seen in the graph below.Bitcoin lost roughly 5.6% over the past 7 days now. Following the latest drops, the leading cryptocurrency is now floating around $18,000.However, its long-term bullish trajectory is...

Despite classifying bitcoin as the best performing asset in 2020, Wells Fargo said in a recent report that the industry is still predominated by speculation rather than traditional investing. The large US multinational financial services company compared BTC with the gold rush in the 1850s.Bitcoin Shows Similarities With The 1850’s Gold RushThe San Francisco-headquartered giant explored the performances of different financial assets through this “wild and crazy year” in its latest report.The...

The twins believe that this current rally is sustainable, unlike the previous one which saw the price experience series of falls.Bitcoin recent bull run, according to the Winklevoss twins, is different from the last one (2017 boom) and the twins highlighted some reasons behind it. The crypto world was thrown into a frenzy after the biggest digital coin rallied past its previous all-time high, amid weeks of a bull run.The surge which saw bitcoin reach a new milestone was met with conflicting...

Bitcoin price continues to slide away from $18,000 today and has now returned to the 4-hour 200 EMA line (red) for the first time since October 8th, 2020.Historically, this line has been a key long-term support for BTC and even though the leading crypto is inside the worrisome CME gap, it’s actually is getting a strong reaction from buyers right now.The global crypto market capital is now under the $525 billion mark, but there is an early sign that momentum could be about to flip bullish. On...

Momentan gibt es fast keine Branche, in welcher Jobs geschaffen werden. Aktuell schaffen lediglich die beiden Branchen Blockchain und Fracking Jobs. Transferwise hat soeben 750 weitere Jobs angekündigt, welche global geschaffen werden. Aber vor allem auch die grossen Bitcoin-Börsen sind wahre Job-Wunder, wie das Magazin Cryptonews in einem Artikel aufzählt. Transferwise startete im Jahr 2011 mit 3...