Tag Archives: AA News

The Bitcoin futures platform launched in 2018 by Intercontinental Exchange (ICE) has entered into a “definitive agreement” for business cooperation that will lead to becoming a publicly-traded company with an enterprise value of over $2 billion. The company has also appointed a new CEO.Reports emerged last week suggesting that Bakkt was negotiating a strategic merger with VPC Impact Acquisitions Holdings to go public. Either company failed to deny or confirm the rumors until earlier...

Scott Minerd, the CIO of the Wall Street behemoth Guggenheim Partners that recently decided to allocate funds in BTC, said that bitcoin’s recent price increase was unsustainable in the short term.Furthermore, he advised that it was time to take some money off the table, but speculations arose if this is part of Minerd’s master plan to buy BTC at a lower price.Guggenheim CIO Warns Of Unsustainable BTC RunThe Chief Investment Officer of Guggenheim Partners took it to Twitter to assert that...

Following the latest bullish developments in the cryptocurrency field, the UK Financial Conduct Authority has warned investors of the potential risks associated with investing in certain digital asset endeavors.The UK’s regulator has highlighted the risky nature of the industry and said that people should be prepared for worst-case scenarios, including losing all of their money.UK FCA Warns Investors About Crypto InvestingAlthough the cryptocurrency market saw vigorous price drops in the past...

As Bitcoin cools from its recent all-time high, HSBC has become the latest banking giant to restrict what its customers can invest in by preventing them from transferring any profits from crypto exchanges to their bank accounts.banAccording to a recent report in The Sunday Times, HSBC has blocked transactions to or from crypto exchanges as it takes a heavy-handed approach to Bitcoin and its brethren. A number of U.K. banks have also made moves to prevent their customers from buying crypto...

Dan Larimer, the blockchain entrepreneur that co-founded the company behind the popular project EOS, has left his position after four years. Interestingly, the native cryptocurrency EOS has reacted immediately with a vigorous price drop of about 25%.Larimer, who served as Block.one’s chief technological officer, has resigned from his position at the company as of December 31st, 2020. “I will continue on my mission to create a free market, voluntary solutions for securing life, liberty,...

The number of bitcoins stored on cryptocurrency exchanges has been gradually decreasing while the number of BTC whales keeps increases. Having also in mind the aftermath of the halving and institutions purchasing massive quantities of the asset, it could lead to a significant liquidity crisis.Bitcoin Whales Behavior And BTC On ExchangesData from the monitoring resource CryptoQuant informs that the number of bitcoins kept on crypto exchanges has been continuously dropping for nearly a year.As...

In a recent Twitter reply, the CEO of Tesla and SpaceX admitted that he wouldn’t turn out getting paid in Bitcoin. His statement came as a reply to Ben Mezrich, the author of Bitcoin Billionaires. Ben Mezrich and Elon Musk on BitcoinA couple of days ago, Ben Mezrich, the author of Bitcoin Billionaires: A True Story of Genius, Betrayal, and Redemption, took it to Twitter to say that he wouldn’t turn down getting paid in bitcoin again.As CryptoPotato reported earlier in 2020, Bitcoin started...

It has taken roughly seven years, but one of Cameron Winklevoss’ bitcoin price predictions has materialized. Back in 2013, the Gemini co-founder and long-term BTC supporter said that the cryptocurrency will reach a price tag of $40,000 faster than anyone imagines.2013 Winklevoss Prediction Comes TrueBack in December 2013, Cameron Winklevoss, previously known for his involvement in Facebook, provided what seemed like a wildly optimistic and perhaps outrageous bitcoin price prediction.At the...

A recent report informed of a new type of malicious operation that has been active for over a year and has targeted thousands of cryptocurrency users. Dubbed ElectroRAT, it’s written from scratch to work on various operating systems and promoted via dedicated forums and marketing campaigns.A New Threat For Crypto UsersThe cybersecurity company Intezer issued a report describing the latest threat for cryptocurrency users. It reads that the firm discovered the operation in December 2020, but it...

Social Capital CEO Chamath Palihapitiya sees bitcoin eventually expanding into a six-digit price territory. The former Facebook executive also doubled-down on his belief that BTC is an insurance policy that will thrive in the current times of economic uncertainty, but it will grow to something “much more important.”$200K Per Bitcoin; PalihapitiyaThe founder of the venture capital firm Social Capital has been a long time bitcoin supporter. He admitted last year that his first BTC purchase came...