Category: Bitcoin

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, will be one of the key trends for the future of Twitter, CEO Jack Dorsey declared. Twitter CEO said that Bitcoin would be a “big part” of the company’s future at the second-quarter earnings call, outlining the digital currency’s potential to further transform Twitter products and

Bitcoin (BTC) has become considerably more decentralized in the past year, one metric suggests — and the trend is growing. According to data from on-chain data resource Blockchain, hash rate distribution is increasingly favoring small, unknown miners.  Small guys increase slice of mining pie Despite the past twelve months seeing a large price run-up, Bitcoin

A heap of Bitcoin (BTC) worth $408 million is on the move and heading to several different wallets. Whale Alert, which tracks large crypto transfers, says a crypto whale sent 13,003 Bitcoin to a wallet hosted on the exchange Coinbase this week.   The huge transfer cost just $3.72 in fees. One address received the

As global cryptocurrency companies increasingly consider going public, the Russian central bank has officially recommended local exchanges to avoid crypto-related listings. The Bank of Russia issued an information letter on Monday, asking Russian stock exchanges to stay away from listings of foreign and local companies involved in a broad range of crypto services. The central

Visa officially announced on Thursday that it had signed a definitive agreement to acquire Currencycloud, a fintech platform supporting about 500 banking and technology clients across more than 180 countries. The new acquisition aims to improve Visa’s foreign exchange business and expand them to serve financial institutions, fintechs and partners. The deal will specifically improve Visa’s

A recent survey has revealed Bitcoin has gained traction with younger U.S. investors in terms of awareness, interest, and ownership over the past three years. The study conducted by global analytics and advice firm Gallup revealed that the number of investors in the U.S. holding BTC has jumped from 2% in 2018, to 6% as

New York-headquartered fund manager Global X Digital Assets has filed an application for a Bitcoin (BTC) exchange-traded fund (ETF) with the United States Securities and Exchange Commission.  Filed on Wednesday, the application indicates that the proposed Global X Bitcoin Trust — a Delaware statutory trust formed in mid-July of this year — would, if approved,

Decentralized derivatives exchange SynFutures announced a new product called Bitcoin (BTC) Hash Rate Futures that uses the biggest cryptocurrency’s ever-changing mining difficulty as a basis to open long or short positions.  Touted as fully decentralized hash rate futures, SynFutures’ new offering would let users trade on Bitcoin mining difficulty with Wrapped BTC (wBTC).  The hash

Crypto trader and market analyst Lark Davis is looking to the past to see if Bitcoin (BTC) could hit six figures this year. Davis says that Bitcoin’s current price action is reminiscent of Ethereum’s 2017 bull run.   “Is there precedent for an asset having a massive run up, then a long brutal corrective period followed

Most transfers of cryptocurrency are taxable, unless the transfer is qualified as a gift or a charitable contribution.