Bitcoin is not yet a go-to investment option in the public eye, but those days could be coming. What needs to happen for Bitcoin (BTC) to cement its role in the public eye as a valid investment option? “Time,” Aleks Svetski, CEO and co-founder of Bitcoin investment platform Amber, told Cointelegraph in an email. “This is […]
Continue ReadingMiners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. Bitcoin (BTC) mining has become a multibillion-dollar industry. Pools, manufacturers and farms contribute to the growth and professionalization of the space. Financial service companies bring institutional-grade products and capital that increases liquidity for the biggest operators. There’s […]
Continue ReadingThe centralized financial system has compromised itself several times during the last two decades alone, and now it’s time for a serious change! Did you notice the song that Christian Bale’s character was jamming out to in his office when his partner came in to pull the money in The Big Short? Well, it happens […]
Continue ReadingPredicting the increasing tokenization of real-world assets, Tokyo-based startup Yiedl plans to launch the first P2P marketplace for NFT mortgages and rentals. Tokyo-based crypto startup Yiedl has announced that it will launch a non-custodial peer-to-peer, or P2P, mortgage and rental market for non-fungible tokens, or NFTs. Speaking to Cointelegraph, Yiedl founder and chief executive Kohshi […]
Continue ReadingInstitutional interest in Bitcoin is experiencing an unprecedented surge, with GBTC alone swallowing up 17% of newly mined Bitcoins. Both data and first-hand accounts from industry insiders indicates that an interest in Bitcoin (BTC) from institutional investors is accelerating at a rapid pace. This has led some to conclude that the “perfect storm” is about […]
Continue ReadingMillions more Americans posted unemployment status last week, but does that mean anything for Bitcoin? More than two million Americans requested unemployment compensation for the first time last week, which may or may not affect Bitcoin. Recording its seventh consecutive week of decline, last week hosted 2.44 million new unemployment claims, CNBC said in a […]
Continue ReadingOnly seven weeks after leaving Coinbase’s legal team, Brian P. Brooks will be taking over at the U.S. Treasury’s banking-focused bureau. Per a May 21 announcement from the United States Office of the Comptroller of the Currency (OCC), former chief legal counsel at Coinbase Brian P. Brooks will step in as the head of the […]
Continue ReadingBitcoin may provide some of the best solutions to drive a new economy in the post-COVID-19 world. Aren’t we all searching for a safe haven? Whether we mean literal shelter — four walls and a roof over our heads — or something more sophisticated, the craving for a dependable defense against random chaos has always […]
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DeFi projects seem to be well known in the cryptocurrency circles surveyed by CoinGecko, but usage is somewhat lackluster, especially for lending protocols. Cryptocurrency price aggregator CoinGecko conducted a survey with almost 700 of its users to learn more about the trends in decentralized finance (DeFi). The report, published on May 20, highlights that many […]
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Gibraltar could be the next crypto hotspot, so what do companies based there think about the territory’s sector-leading regulations? For hundreds of years, Gibraltar was a vital part of the British Empire. The tiny territory, known as “The Rock” due to a gigantic protrusion of limestone that dominates its skyline, was sliced off the bottom […]
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