Coins

One of the biggest China-based Bitcoin miners says the Bitcoin market would move ahead with full steam and see a slowdown only in June 2022, as per local sources.Miner cautionWu Colin, a journalist focused exclusively on China who goes by Wu...

Bitcoin, Ethereum, and other large-cap cryptocurrencies saw a mixed weekend as price action remained choppy after Friday. However, some altcoins put on big numbers for holders.Chop for Bitcoin and EthereumBitcoin saw resistance at the $59,800 mark over the weekend and failed...

Investment advisory firm First Trust Advisors and hedge fund SkyBridge Capital, led by former White House communications director Anthony Scaramucci, have filed an application for a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC).Per the filing, the fund...

Electric car giant Tesla’s $1.5 billion investment in Bitcoin is less than one-third of the total crypto reserves held by Elon Musk and his companies, Anthony Scaramucci, CEO of investment firm SkyBridge Capital, asserted today.“Elon Musk didn’t stop with Tesla. I...

The number of active addresses on Litecoin, the world’s ninth-largest cryptocurrency by market cap, has grown by over six-fold in the past year, data from on-chain analytics service Glassnode shows.“New Litecoin addresses added daily are now broaching 100,000. Compared to 12...

Now that the crypto market is worth over $1.8 trillion, Deutsche Bank stated that Bitcoin is “too big to ignore,” according to a report.The report outlines the challenges of Bitcoin becoming a medium of exchange or an asset class. It notes...

Bitcoin (BTC) is “exceptionally volatile,” “impractical,” and extremely harmful to the ecosystem, said Bank of America’s (BofA) analyst in a research report cited by TheStreet today.Titled “Bitcoin’s Dirty Little Secrets,” the report stated that there is “no good reason to own...

Anthony Scaramucci appeared on CNBC’s Squawk Box to talk Bitcoin. In doing so, he said, the world is changing when it comes to money. To illustrate the significance of this, he compared Bitcoin’s takeover of finance to the publishing of Copernicus’s...

The Bank of New York Mellon, known as BNY Mellon, is one of several investment firms investing in Fireblocks, a startup platform for digital asset custody. Fireblocks will raise  $170 million in its Series C venture capital investment, according to Forbes.BNY...

The widespread adoption of cryptocurrencies continues. Today, Hong Kong-based Crypto.com has announced a partnership with Visa, including a principal membership in Visa’s network in Australia.Per the blog post, the crypto exchange is planning to accelerate the adoption of cryptocurrencies worldwide. As a...