As per the latest reports, the Bank of America has shared its views on the strategy that El Salvador has adopted in terms of Bitcoin adoption. Bank of America is currently counted…
Category: Bitcoin
Stone Ridge Asset Management Registers A New BTC Fund With The US SEC
NYDIG’s parent company, Stone Ridge Asset Management, has not hidden the fact that it has been busy trying to gain innovative new investment vehicles for the world’s biggest crypto, Bitcoin (BTC). Just…
Mining of Bitcoin Suspended in a New York Border Town Following Aesthetic Concerns
As per the latest reports, a temporary ban on the mining of Bitcoin (BTC) has been imposed by Massena. Massena is reportedly a town in New York that runs along the border…
Today’s Crypto Market – DOGE, BTC, and ETH Surge Up to 9%
The overall cryptocurrency market capitalization increased by 6.37% since yesterday to stand at $1.54 trillion. Meanwhile, the total market volume lost 14% to $97.36 billion. Wednesday’s first sessions had digital assets back…
Tesla Discloses $23 Million in Impairments Related to Bitcoin
On Monday, Tesla said that a bitcoin-related impairment worth $23 million put some stress on its quarterly operating income. In the announcement for its earnings for the second quarter of 2021, the…
On Daily Basis 2,000 Bitcoins Being Withdrawn by Traders from Centralized Exchanges
There has been a recent surge of BTC outflows from centralized exchanges. This surge in outflows indicates that the bitcoin market is in the accumulation process. Bitcoin touched its lowest price back…
BTC Pursues $33.6K before Retracing More
Briefly – BTC has its price locked in a decreasing triangle formation, showing a bearish attitude. The prominent digital coin might experience a trend reversal to the $33,600 mark. A technical indicator…
Crypto Exchange Gemini Plans To Overtake Binance By Volume
One of the most widely used and popular centralized exchanges in the world, Binance, has recently had to face a lot of regulatory backlashes. While the exchange is considered a top option…
Anhui Province of China Started Clampdown against Bitcoin Mining
Earlier this year Chinese government started its crackdown against bitcoin mining in China, now smaller provinces are joining the feud. The recent stats have shown that Eastern China’s Anhui province becomes the…
Malaysia Literally Going Berserk Against Bitcoin Mining Activities
Today, the majority of the world is moving towards the adoption of cryptocurrencies and blockchain technology. Many countries, once against the concept of cryptocurrencies are now welcoming them with open arms. Over…
CryptoSpend Hoping to Get Approval from Visa for Issuing Bitcoin Spending Cards
Since the worldwide recognition of cryptocurrencies, mainstream institutions are trying to adopt cryptocurrencies to the fullest. This is where global payment services providers such as Visa have vowed to provide users with…
Robinhood COO Says They Have Enabled More Women For Cryptocurrency Trading
The current chief operating officer of Robinhood COO (a platform for trading cryptocurrency), Gretchen Howard, states that the crypto space has been stereotyped as male-dominated; however, for two years, there has been…
Bitcoin Surges Up Again After Volatile Week
In their recent report, the Coindesk analysts pointed out that increased selling pressure is very much on the cards despite short-term relief. The Crypto market opened at a high rate today. After…
Celsius Plans To Redistribute A Share Of Profits From Its $200M BTC Investment Back To Depositors
The CEO of Celsius (a centralized market of crypto), Alex Mashinsky, said that nothing could compare with a factory that creates Bitcoin. He stated that a proportion of the firm’s profit earned…