Fundstrat Global Advisors’ Thomas Lee has argued that a strong macro outlook will provide the tailwinds for Bitcoin’s next bull run. Wall Street strategist and co-founder of Fundstrat Global Advisors Thomas Lee has argued that a strong macro outlook will provide the tailwinds for the next Bitcoin (BTC) bull run. In an interview for CNBC’s […]
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Users of New York-based cryptocurrency brokerage and trading platform Tagomi now can lend or borrow Bitcoin and Ether to facilitate long or short trades. New York-based cryptocurrency brokerage and trading platform Tagomi allows its users to lend or borrow Bitcoin (BTC) and Ether (ETH) to facilitate long or short trades. Bloomberg Quint reported on Sept. […]
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France will tax when cryptocurrencies are sold for fiat currency, but won’t tax crypto-only trades, said French economy minister Bruno Le Maire. French economy minister Bruno Le Maire said on Sept. 12 that French authorities won’t tax crypto-to-crypto trades, but will tax when cryptocurrencies are sold for fiat currency. Bloomberg Tax reported on Le Maire’s […]
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Major oil companies including Chevron, Exxon Mobil and Royal Dutch Shell have enlisted Data Gumbo to manage water in North Dakota’s oilfields using blockchain. A consortium of oil companies including Exxon Mobil, Chevron and Royal Dutch Shell looks to blockchain to manage water used in oil extraction in North Dakota’s Bakken oil fields. Oil and […]
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Facebook has reportedly announced the major national currencies with which it plans to set the value of its forthcoming Libra stablecoin. Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves. According to a report by Bloomberg on Sept. […]
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Social media giant Facebook has hired two more lobbyists to aid the release of its forthcoming Libra stablecoin following regulatory pushback. Social media giant Facebook has hired two more lobbyists to aid the release of its forthcoming Libra stablecoin. As Bloomberg reported on Sept. 5, lobbying disclosures filed earlier this week revealed that William Hollier, […]
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Michael Novogratz’s crypto merchant bank Galaxy Digital has gained FINRA approval to underwrite public offerings of securities. Michael Novogratz’s cryptocurrency investment bank Galaxy Digital has gained approval from the Financial Industry Regulatory Authority (FINRA) to underwrite registered public offerings of securities. As reported by Bloomberg on Sept. 6, the company has its sights on facilitating […]
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Bakkt announced that its qualified custodian Bakkt Warehouse launched Bitcoin deposits and withdrawals as planned. Bakkt Warehouse, a qualified custodian of crypto trading platform Bakkt, is now accepting customer Bitcoin (BTC) deposits and withdrawals. First physical BTC futures on the way As the company tweeted on Sept. 6, Bakkt Warehouse has officially launched in accordance […]
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Inverse correlation between Bitcoin and Chinese yuan reaches has hit record levels over the past week amid global economic uncertainty. Bitcoin price has seen a record inverse correlation with the Chinese yuan (CNY) this week, according to an analysis from Bloomberg on Sept. 6. This suggests that investors are using the digital currency as a […]
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The United States’ National Security Agency is allegedly working to develop a quantum-resistant cryptocurrency, a Bloomberg reporter has claimed. The United States’ National Security Agency (NSA) is allegedly working to develop a quantum-resistant cryptocurrency. The claim was made in a tweet by Bloomberg Technology reporter William Turton on Sept. 4, who was in attendance at […]
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