Kevin O’Leary said that cryptocurrencies are non-compliant, and as such are not useful for paying taxes or being used as a currency. Canadian businessman and TV personality Kevin O’Leary said that cryptocurrencies pose serious compliance challenges to the financial services industry During an interview published on July 3, O’Leary said that he would not invest […]
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Canadian crypto exchange Coinsquare announced an initiative to turn “millions” of ATMs to bitcoin teller machines. Canadian exchange Coinsquare has acquired software allowing traditional ATMs to sell cryptocurrency such as bitcoin (BTC), according to a press release on July 3. Coinsquare announced a controlling investment in Just Cash, a United States-based fintech startup that has […]
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Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it to decentralize and integrate bitcoin. Social media platform Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it decentralize its infrastructure and integrate bitcoin (BTC) and Lightning […]
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Galaxy Digital founder Mike Novogratz predicts that bitcoin still has a long way higher to go following its current “spectacular rally.” Galaxy Digital founder and crypto enthusiast Mike Novogratz has predicted that bitcoin (BTC) still has a long way higher to go following its current “spectacular rally.” With BTC price circling the $11,000 at press […]
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Professional crypto contrarian Nouriel Roubini wants the recording of his debate with the CEO of BitMEX released. American economist and professional crypto contrarian Nouriel Roubini has furiously demanded the release of a recording of his latest debate with BitMEX CEO and co-founder Arthur Hayes. In one of several fulminating tweets posted on July 2, Roubini […]
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Argento and LBX say their regulated product is unique in not involving fiat at any stage. Two European companies have launched what they describe as the world’s first genuine bitcoin (BTC) bond, they confirmed in a joint press release on July 3. Luxembourg-based Argento, a securitization firm, joined forces with London Block Exchange (LBX) to […]
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Academic researchers at the University of Cambridge have launched a real-time index that tracks the total electricity consumption of the bitcoin network. Academic researchers at the University of Cambridge (UoC) have launched a real-time index that tracks the total electricity consumption of the Bitcoin network. The news was revealed in an announcement posted by the […]
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Crypto may help to solve microtransaction problems, as gamers are becoming disillusioned with industry leaders. The world of gaming has evolved immensely over the past decade, particularly when it comes to online transactions and purchases. For example, a market study conducted by LendEDU last year revealed that, out of a thousand gamers who were found […]
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The largest cryptocurrency rose as high as $11,525 in Wednesday trading, capping daily gains of 20%. Bitcoin (BTC) surprised markets and and the media alike on July 3, jumping over 20% in 24 hours to overcome resistance at $11,000. Market visualization courtesy of Coin360 Data from Coin360 put BTC/USD firmly in the green Wednesday, following […]
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The country’s economy minister confirmed the plans to use crypto in local and international transactions. Cuba is the latest country to consider using cryptocurrency to skirt U.S. sanctions, Reuters reported quoting a government source on July 3. In a public address on local television, the country’s president, Migual Diaz-Canel, said the plan would raise capital […]
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