Switzerland’s crypto boom has entered another dimension with retailers rolling out Bitcoin (BTC) vouchers and gift vouchers. As indicated by Swiss daily Tages-Anzeiger, Manor — the country’s biggest retail chain — is now selling Bitcoin voucher cards in 59 of…
Square Announces Huge BTC Acquisition as Part of its Financial reporting
Square, Inc. (NYSE: SQ), a company that assembles devices to engage organizations and people to partake in the economy posted its outcomes for the final quarter and entire year of 2020. The posting was made on the Financials segment of…
Former British MP Wants Bitcoin Banned For Energy Concerns
Nick Boles, a former UK Member of Parliament for Grantham and Stamford from 2010 to 2019, took to Twitter Tuesday to criticize Bitcoin over its negative environmental impact. He retweeted a post from BBC correspondent Rory Cellan-Jones showing that Bitcoin…
Amber Group CEO: Bitcoin Cannot Be Seen as a Bubble Anymore
A number of entities have referred to Bitcoin as a bubble since it came into being back in 2009. Cynics and crypto opposers have also had their say from the streets all the way up to regulatory high places. Michael…
S&P 500 Companies Can Push BTC price to 70K, Investment Firm Says
The price of Bitcoin could be headed a lot higher as more companies make Bitcoin a substantial part of their portfolios, according to a report by ARK Invest. In it’s annual Big Ideas report, ARK said Bitcoin’s price could be…
Former Goldman Sachs CEO: Bitcoin Needs To Be Reigned In
Former Goldman Sachs CEO Lloyd Blankfein says that if he were a regulator, he would be “hyperventilating” at the success of Bitcoin. While giving his two cents about the future of Bitcoin, he seemed amazed at how relaxed regulators have…
JPMorgan Is Encouraging More Institutions To Buy Bitcoin
JPMorgan is one of the leading banks when it comes to crypto investments at the moment. A report released last week by the bank’s head of Cross-asset Strategy Division John Normand, encourages investors to consider adding Bitcoin to their Investment…
BTC: Asian Analysts See signs of Institutional Exhaustion
The BTC price has labored back to the $33,000 mark after a drop that had seen it tumble to $28,850 in the past 48 hours. Hopes of a bigger recovery have been dashed with BTC unable to pierce through the…
Harvard Professor: Bitcoin Will Only Work For Failed States
Bitcoin is getting hits from more than just regulators now. A Harvard crypto skeptic has added salt to the wounds inflicted on BTC by soon to be treasury chief Janet Yellen. Kenneth Rogolf, a public policy and economics professor at…
Goldman Sachs: Bitcoin is Becoming More Mature
The head of commodity research at Goldman Sachs Jeff Curie, told CNBC this week that the BTC market was becoming more mature. He also noted that predicting the BTC price was quite difficult because the price was subject to so…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
