Category: Bitcoin

Another day, another spike in Bitcoin (BTC) leaving major exchange Coinbase as funds pour into the largest cryptocurrency. Data from on-chain monitoring resource Glassnode showed 12,354 BTC ($694 million) being withdrawn from the Coinbase order book in a single hour on Friday. Coinbase sees another BTC balance squeeze As the largest exchange in the United

The EOS price is in double-digits for the first time since mid-2018 after a parabolic advance that began back in March. According to data from Coingecko, the 20th-ranked crypto by market capitalization is currently sitting above $11.50, delivering close to 100% gains over the last three days. First, the current EOS upward advance is occurring

The “original” yet ironically “wrong” Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are already calling time on the fun. Ethereum Classic (ETC), the pet favorite of Digital Currency Group founder Barry Silbert, is up 300% in a week. ETC hits $180: Bull market or “casino market”? In

Luxury Miami apartment Arte Surfside will now accept cryptocurrency as a form of payment for its remaining luxury residences — including the Villa Nove penthouse, currently listed for $38 million. The firm has partnered with trading platform SolidBlock, allowing potential buyers to pay in multiple cryptocurrencies, including Bitcoin and Ether. The region’s “most exclusive” condominium

U.S.-based financial services firm, Square Inc, reports that its quarterly earnings doubled analyst expectations amid booming demand for crypto assets. Global financial data provider Refinitiv had predicted Square would see earnings of 16 cents per share in Q1 2021, but the firm ended up earning 41 cents per share. Square saw $5.06 billion in revenue,

Crypto analytics firm Santiment is analyzing new trends in the market as Ethereum draws in whales and heads to a fresh all-time high. Santiment says that as ETH hit a new high of $3,524 this week, large whales appeared to be accumulating. The firm notes that whale addresses on top exchanges continue to shed ETH

Bitcoin ATMs are exploding worldwide, new data from Coin ATM Radar shows. From just 7,756 in May 2020, teller machines supporting cryptocurrencies balloons to 19,452 as of May 2021. The majority of the machines are located in the US. The number of crypto ATMs installed in the country is now 16,378, up from just 5,635

A new bill in New York could threaten the growing Bitcoin mining industry in upstate New York. New York Senate Bill 6486 seeks to halt Bitcoin mining for three years until its environmental impact can be assessed, particularly in regards to the amount of greenhouse gas emitted by the practice. “Cryptocurrency mining centers are an

Hundreds of US banks will soon allow their customers to buy, sell and hold Bitcoin through their current accounts, according to a new report. CNBC reporter Hugh Son says crypto custody firm New York Digital Investment Group (NYDIG) and Fidelity National Information Services (FIS) have confirmed they are collaborating to allow banks to support the

IndiaTech.org, an industry association representing India’s consumer internet startups and investors, wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto assets and crypto exchanges in India. The proposed framework suggests to define cryptocurrencies like Bitcoin (BTC) as digital