Tag Archives: Bitcoin News

Recently, Canada made headlines with its work in the world of bitcoin and crypto-based exchange-traded funds (ETFs). The first bitcoin ETF released in the country – and in the world, for that matter – was known as the Purpose Bitcoin ETF, and just a few weeks after its initial launch, it looks like the product has traded more than $1 billion in assets. Bitcoin ETFs Are All the Rage Right Now Clearly, the ETF world is one that crypto traders have long sought to enter....

There is a long-lasting argument in the world of crypto that bitcoin is somehow negative for our environment. That it utilizes too much electricity, and as a result, our atmosphere is likely to take a real kick in the rear at some point in the future. Now, that argument is being pushed further, as data from Bank of America suggests the mining sector utilizes more energy than American Airlines, a company that flies more than 200 million people across the country each...

Bitcoin is doing rather well as of late, but we cannot deny that the world’s number one digital currency by market cap has suffered a few setbacks in the past few days, such as falling from its recent high of $61,000 per unit down to the “measly” $58,000 it’s at during the time of writing. Don’t get us wrong – $58,000 isn’t necessarily bad, but it’s not where bitcoin was, and we’re eager for all-time high territory again. Well, according to Lennard Neo – head of research...

Bitcoin is up more than 600 percent over the last year, making it the most talked about coin – and likely the most talked about asset – amongst traders. Everyone acknowledges it as the number one digital currency by market cap, and it has recently crossed the $1 trillion threshold. At this stage, anyone who hasn’t heard of bitcoin is likely living under a rock, but many analysts still believe that Ethereum could potentially overtake the asset as the number one coin in...

Bitcoin, the world’s largest and most popular cryptocurrency by market cap, has once again surged into the high $50,000 range. At the time of writing, one unit of BTC is trading for well above $59,000, suggesting that another attempt at $60,000 could be just around the corner. Bitcoin Has Surged Back Into the High $50,000s The asset reached its all-time high of more than $61,000 just a few weeks into the month of March, though this newfound stamina ultimately didn’t last...

We keep seeing cases of institutions and largescale enterprises purchasing bitcoin and other forms of crypto to ensure their portfolios remain diverse and they can protect themselves against inflation as the U.S. dollar is subjected to weak economic conditions. After firms like MicroStrategy, Square and Tesla have all bought bitcoin, it looks like DMG Blockchain Solutions is the latest company to join the bitcoin-buying ranks. DMG Blockchain Solutions Will Mine and Buy...

Anthony Scaramucci – the founder of Sky Bridge Capital – believes that those who haven’t gotten their hands on bitcoin yet still have a good chance of making returns and profit on the world’s number one digital currency by market cap. He also believes that volatility will become less severe as time goes by and more people and businesses agree to adopt the currency. Anthony Scaramucci Says It’s Not Too Late When It Comes to Buying BTC In a recent interview, Scaramucci...

Hester Pierce – the commissioner at the Securities and Exchange Commission (SEC) – admits that perhaps the agency’s reluctance to approve a bitcoin or crypto-based exchange-traded fund (ETF) was a bit of a mistake now that Canada has come so far in this department. Pierce: A Bitcoin ETF Is Now Being Pushed More Than Ever Over the years, many companies – from Van Eck to Bitwise – have submitted applications to get bitcoin ETFs approved by the Securities and Exchange...

Grayscale – provider of one of the world’s largest bitcoin funds – has announced that it is unveiling five new trusts based on assorted altcoins. Grayscale Is Giving Us More Digital Currency Trading Options Among the currencies these trusts will allow customers to invest in are Chainlink, Filecoin and Livepeer. Another trust will hold Basic Attention tokens, while a fifth will give customers a chance to invest in an asset associated with the virtual reality world...

Coin Floor – a cryptocurrency exchange in the United Kingdom – is taking some flack over a recent ad that allegedly took aim at pensioners. The ad talked about the benefits of crypto investing, though it has since been banned by national regulators. Coin Floor Sees Its Ad Get Knocked Down The ad has been deemed “socially irresponsible” and “misleading,” as according to official complaints, it did not address the many risks associated with cryptocurrency investing. In a...