Philip Green triggered the wrath of crypto proponents online as the ECB says it has no plans to add bitcoin to its reserves. The European Central Bank (ECB) doubled down on its dismissive stance on bitcoin (BTC) July 9, refusing to recognize it as currency in a Q&A session. Responding to a private query as […]
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Chamath Palihapitiya, CEO of VC firm Social Capital, argues bitcoin is the single best hedge against the traditional financial system. Chamath Palihapitiya, CEO of VC firm Social Capital, has proposed that bitcoin (BTC) is the single best hedge against the traditional financial system. During a panel on the CNBC show Squawk Box on July 9, […]
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Data from the New York Fed shows the U.S. is poised for financial turmoil, while bitcoin has ‘clear skies’ to an all-time high monthly close. Bitcoin (BTC) hit $13,000 again on June 10 as the 2019 bull market delivered fresh reasons to celebrate for traders and HODLers. Market visualization courtesy of Coin360 Data from Coin360 […]
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San Francisco-based tech firm Chia Network has released a green paper that describes an eco-friendly way of mining cryptocurrencies. San Francisco-based tech firm Chia Network has released a green paper that describes an eco-friendly means of mining cryptocurrencies. The green paper provides a description of how proof of space and proof of time create a […]
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The top 20 cryptocurrencies are reporting mixed movements on the day as Bitcoin breaks the $12,500 mark again. Tuesday, July 9 — the top 20 cryptocurrencies are reporting mixed movements on the day by press time, as Bitcoin (BTC) broke the $12,500 mark again. Market visualization courtesy of Coin360 Bitcoin is currently up by nearly […]
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Russia’s parliament, the State Duma, may defer the adoption of the country’s major crypto bill “On Digital Financial Assets” until autumn. Russia’s parliament, the State Duma, may defer the adoption of the country’s major crypto bill “On Digital Financial Assets” (DFA) until the autumn session, local news outlet TASS reported on July 9. The Duma […]
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A political and financial shake-up can act as a catalyst for lawmakers to embrace bitcoin, says Nigel Green. The CEO of financial advisory giant deVere Group said positive cryptocurrency regulation should form a central part of the post-Brexit United Kingdom. Nigel Green made the comments in an interview with fintech news outlet Verdict on July […]
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Switzerland-based crypto exchange ShapeShift launched its non-custodial multi-chain digital assets platform. Switzerland-based crypto exchange ShapeShift has launched its new non-custodial crypto platform operating across multiple blockchains, the firm announced in a press release shared with Cointelegraph on July 8. The new ShapeShift platform offers an integrated suite for digital asset management, enabling an end-to-end tool […]
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Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year. Digital asset management fund Grayscale Investments’ Bitcoin Trust (GBTC) is up almost 300% on the year, data from Morningstar via the Wall Street Journal (WSJ) reveals. As of July 9, the investment instrument is yielding a 296% appreciation YTD […]
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The surge in crypto prices in Q2 of 2019 is backed by a respective growth in fundamental indicators… For crypto markets, the second quarter of this year has been the best three-month sequence since the bear turn of early 2018 put a brutal end to the dreams that the explosive growth of coin prices was […]
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