Coins

Federal prosecutors in Brooklyn bust one ‘Jay Manzini’ yesterday on charges of perpetuating a wire fraud using Bitcoin, city outlet Daily News said this morning.Buying Bitcoin over InstagramIdentified as Jebara Igbara, the man hunted for potential victims on social app Instagram...

FD Funds Management, a subsidiary of Fidelity Investments (which manages over $4.9 trillion in assets), yesterday filed a preliminary registration with the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) exchange-traded fund (ETF).“The digital assets ecosystem has grown...

Billionaire investor and founder of Bridgewater Associates Ray Dalio warns that there’s a “good probability” that governments will move to ban Bitcoin.Bitcoin represents a threat to the monopoly of the supply of moneyThe end of 2020 saw Dalio blast Bitcoin on...

You can now buy a Tesla with Bitcoin. And that’s not me saying this but the CEO of Tesla, Elon Musk, himself.In a tweet a few hours ago, the Tesla CEO said potential car owners can buy the world-famous electric vehicles...

American institutional investors have drastically scaled down their Bitcoin-related activity over the past week, according to a report published by digital asset manager CoinShares yesterday.Per the report, titled Digital Asset Fund Flows Weekly, the total amount of institutional capital allocated in...

Bitcoin fell to under $54,000 in the morning hours amidst a broader sell-off in the crypto market. The asset later recovered slightly and traded over $54,700 at press time.Bitcoin….goneData from markets tool Bybt showed over $1.6 billion worth of crypto positions...

A little less than two years ago, the International Monetary Fund (IMF) published a research paper on the rise of digital money. Much of the text dealt with how Central Banks could mitigate potential risks that digital money and in particular...

RarePizzas, a Chainlink-powered Non-Fungible Token (NFT) project, is paying homage to Bitcoin ‘Pizza Day’ by selling over 10,000 unique digital pizzas, it said in a release today.Why pizzas for NFTs?Pizzas were the first-ever real-world item to be bought via Bitcoin after...

While Bitcoin and other cryptocurrencies are “not backed by anything,” they are still capable of serving as a “substitute for gold,” Jerome Powell, chairman of the United States Federal Reserve, stated today.During a video conference hosted by the Bank for International...

Google searches for Bitcoin soared today in Turkey, surging 566% in Google Trends after the Turkish Lira plunged 15%.A strong reaction from investorsOver the weekend, Turkish President Recep Tayyip Erdogan fired Naci Agbal, the Central Bank Governor, and replaced him with Sahap...