Category: Bitcoin

Bitcoin was invented in 2008 by  Satoshi Nakamoto, an unknown person or persons, and is the world’s first digital money (cryptocurrency).

Bitcoin transactions are on a secure, decentralized blockchain-based network. Its a new kind of money that’s instant, private, and free from traditional bank stranglehold

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CME Group introduces micro Bitcoin futures

The Chicago Mercantile Exchange, or CME, has officially launched its newest Bitcoin (BTC) derivatives product, setting the stage for wider mainstream adoption of digital assets.  TIm McCourt, CME Group’s global head of equity index and alternative investment products, said the new product will provide “an efficient, cost-effective way for a broad array of market participants

Financial advisers lead the institutional push toward crypto adoption

In the past, there were plenty of reasons for financial advisers to dismiss Bitcoin (BTC) and other cryptocurrencies as a worthy investment, but all of that is starting to change as more institutions become attuned to the digital asset class. A face-melting rally for Bitcoin between September 2020 and April 2021 amplified the need to

Here’s How Long-Term BTC Investors Are Playing the Bitcoin Consolidation, According to Glassnode

Crypto intelligence company Glassnode is analyzing the behavior of long-term Bitcoin investors as the leading crypto asset continues to consolidate below $60,000. In a new tweet, Glassnode highlights to its 193,100 followers the importance of tracking the movement of long-term holders (LTH). According to the data analytics firm, when long-term holders spend their BTC stash,

Grayscale’s parent firm DCG to expand GBTC buy limit by $500M

Digital Currency Group, the parent company of Grayscale Investments digital asset manager, is now authorized to purchase up to $750 million worth of shares of Grayscale Bitcoin Trust (GBTC). The company announced Monday that DCG increased its prior authorization to buy up to $250 million worth of GBTC shares by extra $500 million. The share

Nas brags about Coinbase and crypto wealth in new track with DJ Khaled

American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track. Released last week, “Sorry Not Sorry” features a collaboration with DJ Khaled, Jay-Z and James Fauntleroy, with Nas rapping about Coinbase, the United States’ largest crypto exchange that

Bitcoin is less volatile than stocks like Apple and Tesla

Binance CEO Changpeng Zhao has commented on the volatility of Bitcoin (BTC), stating that the largest crypto by market capitalization is probably less volatile than the stock prices of similarly-sized companies by market capitalization such as Apple and Tesla. Data from Woobull shows Bitcoin’s 60-day volatility steadily declining since the start of 2021. However, figures

Warren Buffett Dodges $2 Trillion Crypto Question As Partner Munger Says Bitcoin Is Bad for Civilization

Berkshire Hathaway CEO Warren Buffett and company vice chairman Charlie Munger are sending a clear message that they are not fans of cryptocurrencies despite the meteoric rise of the emerging asset class.  During the company’s recent annual shareholder meeting, the Oracle of Omaha dodges a question regarding the $2 trillion valuation of cryptocurrencies as he

Leak Reveals Revolut Banking App Gearing Up for Massive Crypto Upgrade To Stay Ahead of PayPal and Robinhood

Banking app Revolut is preparing for a massive upgrade that will include a feature that is currently unavailable on crypto trading platform Robinhood and payments giant PayPal.  In a now-deleted blog post spotted by AltFi, the London-based firm says that its top-tier paying Metal plan users will get beta access to transfer their BTC holdings