Tag Archives: Bitcoin News

Customers Bank – a top 100 commercial and consumer bank – is looking to broaden its expertise and presence in the cryptocurrency space. The company has worked to bring on at least seven new digital currency experts as a means of helping the bank provide proper crypto services to its many clients. At the time of writing, Customers Bank manages close to $20 billion in total assets. Customers Bank Is Looking to Boost Its Crypto Expertise Sam Sidhu – president and chief...

It has arguably gotten to the point that crypto traders don’t know what to make of India. One minute it seems to be pushing crypto. The next, it’s shoving it down to the lowest rung on the financial ladder. India and Its New Crypto Index Recently, global crypto app Crypto Wire has unveiled a new crypto index for India that will monitor the performances of the world’s top 15 digital currencies. Known as IC15, the product will allow traders in India to view the price...

The Securities and Exchange Commission (SEC) has brought former Senate staffer Corey Frayer on board to serve as a new advisor regarding crypto and digital currency-related issues. The SEC Is Pushing Its Crypto Agenda Forward The SEC has long been a thorn in the side of the crypto space. Despite all the bitcoin-based exchange-traded fund (ETF) applications that have made their way across SEC desks during the past four or five years, the agency has long thought the space...

What could have easily been an innocent gimmick is getting mocked mercilessly on Twitter and other social media platforms. Not long ago, Live Bitcoin News put out an article discussing a new crypto commercial starring Oscar-winner Matt Damon, who won an Academy Award for penning the screenplay to “Good Will Hunting” in 1997. Matt Damon Is Getting Some Flak It appears the commercial has not sat well with many viewers, with some sources calling it an “embarrassing cash...

The European nation of Kosovo has banned all bitcoin and crypto mining as a means of saving electricity. The country is currently facing one of the worst energy crises it’s ever experienced, and it’s allegedly due to production outages. Kosovo Becomes the Next Country to Ban BTC Mining Artane Rizvanolli – the economy and energy minister – explained in a statement: All law enforcement agencies will stop the production of this activity in cooperation with other relevant...

Matt Hougan – the CIO of Bitwise Asset Management – has stated in an interview that the U.S. government is likely seeing bitcoin as a threat to the dollar, which may be why they’re so eager to regulate it and get in the way of its potential success. Matt Hougan On BTC: It’s Not Going Anywhere However, Hougan was quick to say that the U.S. has no choice but to “play along” when it comes to bitcoin, and that the currency’s size and scope really gives them no choice. The...

Per a new survey conducted by Cantaloupe, more than a third of users between the ages of 18 and 54 own cryptocurrency. However, this isn’t the big clincher. The good news is that approximately 67 percent of those taking part in the study said that they are willing and able to use their digital currency for purchases if their money is linked to a mobile wallet. Another 19 percent said they would consider using crypto for payments if they could do so through a mobile...

Thomas Peterffy was once a bitcoin skeptic. Now, he has changed his mind, suggesting the cryptocurrency has come much farther than he – and several others – ever could have imagined. Thomas Peterffy Seems to Like BTC Bitcoin began its financial journey about 13 or 14 years ago. The asset was first brought to our attention through a 2008 whitepaper and the currency was first mined in early 2009. Since then, while it had something of a slow start, the currency has risen in...

Abu Dhabi – the capital of the United Arab Emirates (UAE) – has stated that it is looking to become one of the biggest crypto hubs in the world. The region is looking to reduce its reliance on standard gas and oil while boosting its investments in the crypto space. Abu Dhabi and Crypto… A Solid Match? The UAE was one of the first nations to establish regulation for the growing crypto space, having done so in 2018. Since then, many new digital currency trading platforms...

India has fallen behind on its plans to regulate cryptocurrency. The winter session of Parliament was supposed to see a new bill introduced that would recognize crypto as a new asset class that could be regulated and monitored. However, this has not yet occurred and thus India’s digital currency future is still in the clouds. India and Crypto Regulation: What’s Happening? The good news is that regulatory officials have stated that at this stage, outright banning crypto...