Category: Bitcoin

Tinkoff, a major private bank in Russia, is struggling to offer cryptocurrency trading to its clients due to the central bank’s tough stance on digital assets. Tinkoff CEO Oliver Hughes said that the digital bank is willing to offer crypto trading services but is restrained by the Bank of Russia’s policies, CNBC reported. The executive

Major crypto solutions provider Blockchain.com is moving its U.S. headquarters from New York to  Miami in an attempt to spur aggressive growth over the next few years. The $5 billion firm intends to hire 300 new full-time employees in the region over the next 18 months. The news broke a day before the city played

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Could green miners get a pass? Last week’s column had a look at the recent crackdown on cryptocurrency miners as China heads towards

There is a reason why Grayscale Bitcoin Trust (GBTC) emerged as a benchmark to measure institutional interest in Bitcoin (BTC). Grayscale no longer the only option for investors The digital currency investment product was among the only ones that offered hedge funds, endowments, pension funds and family offices a way to gain exposure to Bitcoin

Goldman Sachs alum Mike Novogratz is preparing to invest $100 million into crypto-based projects through his crypto-venture firm. Co-founded in 2018 by Mike Novogratz and business partner Christian Angermayer, Malta-based Cryptology Asset Group is a leading investment company for blockchain and crypto-related businesses in Europe.    In a report released on Thursday, the company announced that it’s ready to support crypto

A popular crypto analyst is preparing for a fresh Bitcoin rally as the flagship cryptocurrency wavers around the $35,000 range. The pseudonymous trader tells his 127,000 Twitter followers why he is bullish on BTC despite its recent price action.   “You’ve seen me posting very bullish tweets these days. This is not random. I’m going

Despite a massive drawdown in May, the Bitcoin (BTC) bull market appears to be intact, with a $100,000 price target more likely than a retrace to $20,000, according to Mike McGlone, Bloomberg’s senior commodity strategist.  $20K or $100K in 2021? The June 2021 edition of the Bloomberg Galaxy Crypto Index report described Bitcoin as ‘stronger,

Popular Bitcoin analyst PlanB says his widely used Bitcoin price prediction model is at a crucial level of support. The stock-to-flow (S2F) model, traditionally used to track the performance of commodities like precious metals, compares an asset’s price to its available supply.   Plan B has amassed a large following due to the accuracy of the

From Thursday through Saturday, a throng of crypto faithful will gather at the Mana Wynwood Convention Center in Miami for the Bitcoin 2021 conference.  Bitcoin 2021 perhaps holds even greater significance than usual, as participants can gather in a physical location after COVID-19 restrictions forced many other crypto conferences to go virtual. This year’s conference

Global financial management giant Guggenheim Investments is considering whether to offer exposure to Bitcoin and cryptocurrency through a new fund registered with the U.S. Securities and Exchange Commission (SEC). This week Guggenheim Investments registered The Guggenheim Active Allocation Fund with the SEC, which will be listed on the New York Stock Exchange under the ticker “GUG.”