Bitcoin News / Bitcoin.com - 3 years ago
According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market ag...
Bitcoin News / Bitcoin.com - 3 years ago
Global investment bank Goldman Sachs now considers bitcoin an investable asset. “Clients and beyond are largely treating it as a new asset class, which is notable — it’s not often that we get to witness the emergence of a new asset...
Bitcoin News / Bitcoin.com - 3 years ago
U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming ye...
Bitcoin News / Bitcoin.com - 3 years ago
As cryptocurrency regulation heats up worldwide, South Korean officials have been increasing regulatory discussions concerning the swelling crypto economy. While digital currency markets like bitcoin have tumbled in value in recent times, global cryp...
Bitcoin News / Bitcoin.com - 3 years ago
Following some stern warnings from a few major trade associations and regulators in China, two prominent exchanges, Huobi and Okex, have stopped offering services to Chinese residents. After the two exchanges halted specific services to residents of...
Bitcoin News / Bitcoin.com - 3 years ago
PRESS RELEASE. On what could be tagged as the worst day of crypto this year, African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. The crypto market suffered its first major dip in 2021 on Thursday, May 19, 2...
Bitcoin News / Bitcoin.com - 3 years ago
PRESS RELEASE. On what could be tagged as the worst day of crypto this year, African-founded exchange, Quidax, raised over 7,772 BNB from the public sale of its token, QDX. The crypto market suffered its first major dip in 2021 on Thursday, May 19, 2...
Bitcoin News / Bitcoin.com - 3 years ago
HSBC has confirmed its bitcoin and cryptocurrency stance as a growing number of major banks are beginning to offer crypto services. CEO Noel Quinn says that HSBC views bitcoin as an asset class rather than a payments vehicle but the bank is not rushi...
Bitcoin News / Bitcoin.com - 3 years ago
When billionaire Elon Musk announced that Tesla would no longer accept bitcoin as payment for its electric vehicles, the price of the crypto asset tanked. In justifying this decision, Musk cited bitcoin mining’s inefficient use of electricity a...
Bitcoin News / Bitcoin.com - 3 years ago
Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support...
Bitcoin News / Bitcoin.com - 3 years ago
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments be...
Bitcoin News / Bitcoin.com - 3 years ago
On Friday, the cryptocurrency community discussed a report stemming from China’s 51st meeting of the Central Financial and Economic Affairs Commission that reiterated warnings about bitcoin mining. The following Sunday, reports disclosed the cr...
Bitcoin News / Bitcoin.com - 3 years ago
The player with the best goal at Europe’s international soccer championship this summer will be awarded a special prize. European football’s governing body, UEFA, and the tournament’s sponsor, Russia’s Gazprom, are behind the...
Bitcoin News / Bitcoin.com - 3 years ago
Nobel Prize-winning economist Paul Krugman says he has given up predicting the imminent demise of bitcoin. The economist now suggests thinking of the cryptocurrency “as a cult that can survive indefinitely.” Nonetheless, Krugman still bel...
Bitcoin News / Bitcoin.com - 3 years ago
After the price of bitcoin touched a high of $64,895 per unit, speculators and skeptics think it might have been the top of the bull run and a 2018-like bear run is next. On Sunday, May 23, bitcoin prices have dropped to a low of $31,107 and bears ha...
Bitcoin News / Bitcoin.com - 3 years ago
While bitcoin prices have slid in value and the high network difficulty, the leading crypto asset is still quite profitable to mine according to current data. Despite the profitability, these days there are only a few manufacturers producing applicat...
Bitcoin News / Bitcoin.com - 3 years ago
The Carlyle Group’s co-founder, David Rubenstein, says that the idea of the government stopping cryptocurrency from being something that investors want is unrealistic. He believes that cryptocurrency is here to stay. It’s not going away a...
Bitcoin News / Bitcoin.com - 3 years ago
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-...
Bitcoin News / Bitcoin.com - 3 years ago
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” says now that bitcoin is “crashing,” it is a buying opportunity, especially for those who said that they could not afford it before. Alternatively, he said they...
Bitcoin News / Bitcoin.com - 3 years ago
Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against...
Bitcoin News / Bitcoin.com - 3 years ago
Digital currency markets have shed billions once again, as the entire crypto-economy has been cut down from well over $2 trillion to today’s $1.44 trillion market valuation. Bitcoin was coasting along just above the $38k handle before 9 p.m. (E...
Bitcoin News / Bitcoin.com - 3 years ago
Iran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U.S. and other countries have applied to the country since 2006, according to a new study by Elliptic, a blockchain analytics and financial crime comp...
Bitcoin News / Bitcoin.com - 3 years ago
Greenpeace, the ecological NGO, has stopped accepting bitcoin donations due to the big impact the cryptocurrency network has on the environment. The organization, which was one of the first NGOs to add bitcoin to its donations arsenal, has now backpe...
Bitcoin News / Bitcoin.com - 3 years ago
FC Dynamo Kyiv, the top team in the Ukrainian Premier League, is launching NFT tickets for the 2021 season. The legendary football club, which has the biggest fan following in Ukraine, is also going to offer supporters unique collectible items throug...
Bitcoin News / Bitcoin.com - 3 years ago
Crypto’s anarchic nature, with the emphasis on decentralization, lacks any regulatory bodies so far. But sooner or later it will have to adopt standards of some kind because when money moves in and out from the blockchains to and from the tradi...
