Category: Bitcoin

Skybridge Capital chief and former White House press secretary Anthony Scaramucci says that Ethereum (ETH) will become a store of value asset. In an interview with CNBC, Scaramucci says that as an institutional investor, he’s mainly focused on Bitcoin (BTC), but sees big things happening for Ethereum in the future. “I think there’s a very

United Kingdom-based Bitcoin (BTC) mining firm Argo Blockchain just recorded the best quarter in its history, generating record revenues for three months straight. Yet despite the burgeoning cryptocurrency mining venture emerging in the west, the vast majority of Bitcoin production still takes place in China, where cheap, coal-powered electricity fuels an untold number of mining

According to digital asset investment manager CoinShares, the first quarter of 2021 has hit a new record for institutional crypto product inflows. As reported in the April 6 CoinShares Fund Flows Weekly bulletin, Q1 of this year hit a new record with $4.5 billion in inflows compared with $3.9 billion in the final quarter of

Coinbase has announced impressive first quarter results one week before the exchange’s direct listing on the Nasdaq, estimating that trading volume is up 276% and quarterly revenue has hit $1.8 billion. The bountiful revenue, revealed in the company’s Q1 earnings call, dwarf its $190 million revenue from the same time last year with the company

MicroStrategy’s Michael Saylor is warning that China could claim hegemony over the crypto ecosystem if the US doesn’t step up. In a new interview at the MIT Bitcoin Expo Conference, the billionaire says it’s inevitable that Bitcoin will become an underlying store-of-value asset that can move across mobile payment rails around the globe while propping

Four industry titans are joining forces to lobby US regulators for solid support in the booming cryptocurrency and digital asset space. Financial conglomerate behemoth Fidelity Investments, payments app Square, crypto exchange Coinbase, and investment firm Paradigm have formed a new entity called the Crypto Council For Innovation. The council aims to make sure that US

Bitcoin (BTC) has been trying to break the $60,000 resistance for the past 23 days. Generally, investors don’t seem too worried about this as they consider it a healthy consolidation period, and even recent analysis from JPMorgan Chase estimates that BTC price will reach $130,000.  Even as most investors expect Bitcoin price to rise above

Famed investor and business tycoon Kevin O’Leary says he’s buying Bitcoin, but only under some strict conditions.  In an interview with CNBC, the Shark Tank star says as the crypto space grows, institutional investors will opt for coins that are mined within a certain set of ethical standards, the same way they look at other

A group of Russian lobbyists led by the law firm Digital Rights Center has launched a new campaign against regulatory initiatives that they feel are impeding cryptocurrency adoption in the country. The group has created a platform designed to help resist the adoption of laws that hamper the turnover of cryptocurrencies and digital assets in

“Bitcoin” had been an unfamiliar term to many individuals just a few years ago. While cryptocurrency continued to enter the mainstream, Bitcoin (BTC), Ether (ETH) and other digital assets were being discussed more frequently. Recently, “Bitcoin” searches across Google hit a record high in 2020, and “Buy Crypto” searches surged for the first time at