Thursday , March 28 2024
Home / Tag Archives: Bitcoin News (page 226)

Tag Archives: Bitcoin News

Mark Cuban: I’m Really Starting to Like Ethereum

In the past, it has appeared that Mark Cuban – a billionaire investor and owner of the Dallas Mavericks basketball team – was never a huge fan of cryptocurrency. While he acknowledged that bitcoin had a loyal set of followers and thus permitted BTC payments for Mavericks-related merchandise and tickets, he did not speak highly of the asset, claiming in the past that he would rather have “bananas” than BTC. Mark Cuban Is Getting Into BTC and Ethereum Now, however, some...

Read More »

Jesse Powell Sees a $1 Million Price for BTC Next Year

Jesse Powell – the CEO of Kraken, a popular cryptocurrency exchange based in San Francisco, CA – has suggested that bitcoin could hit a price of $1 million per unit by the year 2022. Jesse Powell: BTC Will Be $1 Million in 2022 Bitcoin has been doing extremely well as of late. The world’s number one digital currency by market cap has made a real name for itself in the finance industry over the past six months. There are many companies that are now willing to accept the...

Read More »

JPMorgan: BTC Is Less Volatile, and Institutions Are Taking Notice

According to a new report issued by financial giant JPMorgan, the volatility often acquainted with bitcoin has been declining over the past few weeks. This, in turn, could lead to further institutions looking to get their fingers on the world’s number one digital currency by market cap. JPMorgan: We’re Seeing Less Price Swings with BTC Over the past eight months, the world has been privy to increased institutional activity in the crypto space. Many largescale companies – such...

Read More »

Bitcoin Is Helping the Digital Yuan Move Forward

As interest in bitcoin has grown over the past few months, so has interest in China’s digital yuan. The Digital Yuan Is Making Headway Bitcoin has been booming over the past six months, with the world’s number one digital currency shooting up from $10,000 in early October to about $59,000 at press time. That is an increase of almost five times the original price. However, the interest in BTC is also stirring interest in other forms of crypto such as the digital yuan....

Read More »

Goldman Sachs Is Ready to Provide Crypto Investment Options to Rich Customers

Financial giant Goldman Sachs says it’s looking into potentially allowing its richest customers to invest in cryptocurrencies and crypto-related products within the next few months. The news comes after the firm says crypto demand from clients has reached an all-time high. Goldman Sachs Opens Its Doors to Crypto Mary Rich – global head of digital assets – says the bank is looking to permit crypto investing beginning in the second quarter of 2021. In an interview with...

Read More »

PayPal Is Now Allowing Customers to Pay with Crypto

Early this week, PayPal began allowing cryptocurrency payments through its platform. The company has been on track to become a major haven for crypto-related activity since October of last year, and the platform’s goals just got much more serious. PayPal Says “Yes” To Digital Currency Payments While the service isn’t available to everyone just yet, many of PayPal’s users – when they purchase items – will be given several payment options when it’s time to check out, some...

Read More »

Report: Sweden Needs Less Electricity Than Bitcoin Mining

Bitcoin mining continues to earn hate from environmentalists around the world, as the most recent calculations suggest the process requires more energy than the entire country of Sweden. Bitcoin Mining Gets More Expensive as the Price Expands A new report suggests that the higher the price goes, the more energy is needed to extract and mine new coins. Right now, bitcoin is traversing high $50,000 territory; it recently hit a new all-time high of approximately $61,000....

Read More »

Blockchain Firm Chainalysis Just Got Its Hands On a Ton of New Money

Blockchain analysis firm Chainalysis has closed a new funding round that garnered the company an additional $100 million from various investors. The enterprise is now valued at a whopping $2 billion, which is double what the company was valued at just a few months ago. Chainalysis Closes Its $100 Million Funding Round The funding round was headed by Paradigm, a crypto-centered venture capital firm. Money also came from the likes of Salesforce CEO Mark Benioff, who saw...

Read More »

Daniel Gouldman: Everyone Focuses So Much on BTC They Forget About Blockchain

Everyone has been making a huge deal out of bitcoin these past several months. The world’s number one digital currency by market cap has surged in price, reaching a new all-time high just a few weeks ago of $61,000 per unit. However, according to Daniel Gouldman – CEO and co-founder of blockchain firm Ternio – people have the wrong idea, and by focusing too much on bitcoin, they are focusing on just one aspect of what is arguably a much larger arena. Gouldman: Blockchain...

Read More »

Fidelity Investments Plans to Enter the Bitcoin ETF Arena

With so many companies getting involved in the bitcoin-based exchange-traded fund (ETF) game as of late, it makes sense that a large financial firm such as Fidelity Investments would throw its wrench into the pot. Fidelity Is Looking to Establish a Bitcoin ETF Fidelity was one of the first financial brokers to offer digital currency trading and storage services to its clients in 2018. Now, it’s cementing its status even further as the ultimate crypto haven by preparing...

Read More »