Category: Bitcoin

Newly appointed Chair of the U.S. Securities and Exchange Commission (SEC) Gary Gensler is talking about regulating the nascent crypto sector. In an interview with CNBC’s Squawk Box, the new Chair, who was sworn in just last month, discusses what he believes the SEC’s role will be in regulating the crypto markets. Gensler reveals that

In an August 2020 paper “Is bitcoin money?” Peter Hazlett and William Luther wrote that there exists only “a small corner of the internet where transactions are routinely conducted with Bitcoin serving as the medium of exchange.” But that corner may be growing into a room, or even a house now.  “Demand for Bitcoin has

When the famous Satoshi Nakamoto first designed his masterpiece, few could possibly have imagined the almost $63,500 peak that sent investors into a frenzy. Even these days, the first-ever cryptocurrency’s price feels hard to believe at times and investors might be pinching themselves every now and then. Taking a seat alongside Bitcoin (BTC) on the

MicroStrategy CEO Michael Saylor says Bitcoin is set to dominate the next century, as its network rapidly grows. In an interview with Kitco news, Saylor addresses Bitcoin’s place in the global economic landscape going forward, claiming that the Bitcoin standard is “the 21st century solution” to the problem of finding a “non-sovereign store of value

While the cryptocurrency industry is mostly centered around technology and data, the people who inhabit our sector are not without their creativity. This is seen not only in the various solutions and inventions they create, but also in their artistic (and often humorous) works. Over the years, folks of the crypto space have crafted songs

In yet another sign of institutional adoption, investment banking giant Goldman Sachs is expanding its role in the cryptosphere with new offerings for its clients. According to a report from CNBC, Goldman Sachs has established a new crypto trading team to address the growing $2.4-trillion market. Partner Rajesh Venkataramani revealed the banking behemoth’s crypto expansion

While a vast majority of crypto enthusiasts around the globe seem to be gushing about Ether (ETH) at the moment and how its upcoming London hard fork stands to push the premier altcoin’s value even higher, reports have recently surfaced that suggest Bitcoin’s much-awaited Taproot upgrade will go live also sometime by the end of

Bitcoin’s post-halving bull run is “tame” compared to previous cycles, according to new analysis from Bloomberg. In the May issue of the Bloomberg Crypto Outlook monthly newsletter, senior commodity strategist Mike McGlone argues Bitcoin’s increasing clout and presence in the mainstream has put the leading cryptocurrency on a more subdued path. Nevertheless, the analyst predicts

Citigroup is reportedly considering offering crypto-related services to its customers in response to rising demand, specifically from asset managers and hedge funds. The financial services firm’s global head of foreign exchange, Itay Tuchman, told the Financial Times on Friday that the investment bank was already exploring the possibility of providing crypto services to its clients.

Crypto exchanges with a presence in Turkey must now inform the Financial Crimes Investigation Board, or MASAK, about any crypto transactions over 10,000 Turkish liras ($1,200).  Turkish Minister of Treasury and Finance Lütfi Elvan announced the new policy on a CNN Turk live broadcast last night.  Two weeks after a $150-million fraud involving a major crypto