The ongoing regulatory enforcement actions are threatening to drive US crypto businesses offshore. The implications of such a shift for the country’s economy are significant, something that has translated into declining crypto prices, making investors even more jittery. While the market’s concerns regarding the potential removal of the US retail investor from the crypto capital markets are palpable, Arthur Hayes believes the fear is misplaced. Elimination of US Retail...
Read More »Bitkey Forms Alliance with First Global Partners: Coinbase and Cash App
While announcing Coinbase and Cash App as the new partners, Bitkey referred to some information it passed in March. Bitkey, a self-custody Bitcoin wallet app by Jack Dorsey’s Block, is partnering with Cash App and crypto exchange Coinbase (NASDAQ: COIN). The Bitcoin wallet application announced its first two global partners on June 15, noting that it aims to make self-custody more accessible. In addition to enabling customers to purchase, the alliance assures control over private keys....
Read More »Coinbase Report Casts Doubt on Bitcoin Halving Effects on Market Performance
It remains uncertain how the upcoming halving will affect Bitcoin’s price behavior, especially with global liquidity appearing to have peaked in the near term. With the next Bitcoin (BTC) halving anticipated in the second quarter of 2024, there is considerable speculation about its potential impact on the performance of the leading crypto asset and the market in general. However, according to reports, a new Coinbase publication suggests that while halving is often seen as a positive event...
Read More »Gîte « Les trois figuiers » (golf du Morbihan)
Nouvel ajout à la liste des établissements français qui acceptent le bitcoin : Gîte « Les trois figuiers » à Plumergat dans le Morbihan. « Le gîte est situé sur la commune de Plumergat mais il touche également la commune de Sainte Anne d’Auray. Depuis cette location, vous serez à quelques centaines de mètres des commerces et de la Basilique de Sainte Anne d’Auray, premier lieu de pèlerinage...
Read More »Bitcoin Cash Analysis: Bulls Eye Recovery To $115
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash is attempting a recovery wave above the $100 resistance against the US Dollar. The price is now trading below the $110 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $105 on the 4-hour chart of the BCH/USD pair (data feed from...
Read More »BlackRock Files Bitcoin Spot ETF Application, Taps Coinbase
The $10 trillion asset management giant BlackRock filed with the Securities and Exchange Commission (SEC) to launch a Bitcoin Spot ETF on Thursday – a product yet to see life within the United States. BlackRock plans to partner with Coinbase to provide custody for the Bitcoin backing the funds, as with its Bitcoin trading service announced last year. BlackRock’s ETF Bid As reported by CNBC, the asset manager filed with the SEC to launch the iShares Bitcoin Trust, which...
Read More »Miami Bitcoin-Loving Mayor Joins the US Presidential Race
Francis Suarez – the mayor of Miami – filed documents to run for President of the United States. He will be a candidate of the Republican party, attempting to prevail over well-known names, such as Donald Trump and Ron DeSantis. Suarez is an outspoken advocate of bitcoin, and his administration has introduced numerous initiatives focused on the asset. He also became the first US politician to receive his salary in BTC instead of fiat currency. The Latest Candidate is a...
Read More »Coinbase Shuts Down Its Borrowing and Lending Division
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Coinbase Borrow – the official lending protocol of Coinbase, one of America’s largest and most popular digital currency trading platforms – has ceased all operations. Coinbase Borrow Closes Its Doors Permanently The end for Coinbase Borrow arrived on May 10. This was the last day on which customers could take...
Read More »First Republic Bank is Gone; What Will Happen to BTC?
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin endured a small dip in early May after it was revealed the drama surrounding First Republic Bank reached a new peak. Right now, the sentiment is that the bank could be the final monetary institution that crashes and burns following a long streak of banks that did the same. The streak includes names like...
Read More »The Fed Hikes Rates Again, but Analysts Think Bitcoin Will Surge Soon
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Fed recently made the decision to hike rates again, but the situation appears to be quite different according to various bitcoin and crypto analysts. The Fed and Bitcoin: Working Off Each Other? This is the tenth hike instituted by the Fed over the past year or so, and many believe this could be the last...
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