Bitcoin is recovering after being hit by SEC confirmation hearings

biBitcoin shaken by a weakness triggered by the risk of tighter regulatory oversight than some crypto enthusiasts had expected. Token climbed as much as 4% on Wednesday and held about $ 49,100 from 1pm in Hong Kong, giving this year winnings of about 70%. Also read | How citizen data led […]

Former members of The Geek Group have been charged with illegal Bitcoin trading

GRAND RAPIDS, Mich. – Former Geek Group leaders were formally charged in connection with alleged illegal Bitcoin trading and money laundering, according to an indictment filed Feb. 24 in the U.S. District Court in Grand Rapids. The indictment lists Christopher Allan Boden, Leesa Beth Vogt and Daniel Reynold Dejager as defendants. […]

How Bitcoin fits into a pension portfolio

Crypto has a low correlation with equities. What does it mean? Mining rig in Norilsk (photo by Andrey Rudakov) © 2021 Bloomberg Finance LP Stocks, bonds, real estate, commodities. Bitcoin. Bitcoin? Is cryptocurrency an asset class that deserves a place in every capital and pension portfolio? A modern portfolio theory of […]

How Squares bank can use bitcoin profits to promote economic integration

For more content like this, from the industry leader in global payment coverage, visit PaymentsSource.com. Only a year has passed since Square received the green light from the supervisory authorities to run the bank it was launched on Monday, but in that time bitcoin has become a critical driving force for […]

Bitcoin recovers $ 50,000 as ‘HODLers’

NEW DELHI: Bitcoin regained the $ 50,000 level on Tuesday as the latest price drop on cryptocurrency attracted buyers, while existing investors retained their positions. The world’s largest cryptocurrency reached a record high of $ 58,640 on February 21, but as its appearance extended, prices fell to a low of $ […]

CoinMover to raise capital for the expansion of Bitcoin ATM kiosks

LYNN, Mass., 02 March 2021 (GLOBE NEWSWIRE) – CoinMover, a US Bitcoin ATM kiosk company, is working for the first time to secure external funds to accelerate the expansion of its kiosk locations. With profitable operations in three states today, CoinMover is ready to scale its model nationwide. After taking advantage […]

Has the moment of truth come for Bitcoin?

Photo: SOPA Images / LightRocket via Getty Images A report from Citi says bitcoin is at a tipping point and could soon be the preferred choice for international trade. At the same time, another large international bank, Goldman Sachs has decided to restart its cryptocurrency exchange counterand many others on Wall […]

Bitcoin rises 8% to $ 48861.48

FILE PHOTO: A collection of bitcoin (virtual currency) tokens is shown in this image illustration taken on December 8, 2017. REUTERS / Benoit Tessier / Illustration (Reuters) – Bitcoin rose 8% to $ 48,861.48 on Monday, adding $ 3,620.52 to its earlier close. Bitcoin, the world’s largest and most well-known cryptocurrency, […]

A large Chinese bitcoin mining center shuts down its cryptocurrency business

A visual representation of the cryptocurrency bitcoin. S3studio | Getty Images GUANGZHOU, China – China’s Inner Mongolia region plans to ban new cryptocurrency projects and shut down existing activity in an effort to reduce energy consumption. Bitcoin is based on a decentralized network, which means that it is not issued by […]

Bitcoin bounces back after falling to its lowest point in almost three weeks

Bitcoin prices bounced back today after falling to almost $ 43,000. getty Bitcoin prices have experienced a remarkable recovery recently and have risen after falling to almost $ 43,000 yesterday afternoon. The world’s largest digital currency by market value rose to as much as $ 49,520.72 earlier today, CoinDesk data shows. […]

Bitcoin rises 8% to $ 48861.48

FILE PHOTO: A collection of bitcoin (virtual currency) tokens is shown in this image illustration taken on December 8, 2017. REUTERS / Benoit Tessier / Illustration (Reuters) – Bitcoin rose 8% to $ 48,861.48 on Monday, adding $ 3,620.52 to its earlier close. Bitcoin, the world’s largest and most well-known cryptocurrency, […]

The Bitcoin campaign website logs 1 lakh email to legislators about proposed bans

Indiawantsbitcoin.org, a website created by several cryptocurrency players in India to lobby against a proposed ban on individuals cryptocurrency, has registered approximately 1.11 lakh emails to legislators by February 26th. The site was created after the government listed a bill banning all private cryptocurrencies bitcoin just a few days before the […]

Bitcoin is not exactly immune to disputes over its protocol

US Treasury Secretary Janet Yellen soon warned of the inefficiency of Bitcoin earlier last week than cryptocurrency prices. They already fell. Yet for some, the price movement was a demonstration of the exact volatility that Yellen criticized. For others, like Square and MicroStrategy Inc., it was an opportunity to buy the […]

Can Metcalfe’s team control Bitcoin’s price?

Photo by: STRF / STAR MAX / IPx 2021 28.2.21 Does the network effect help to model Bitcoin’s value? STRF / STAR MAX / IPx Bitcoin is a challenging asset for value. With many assets, we can consider the flow of future cash flows that the asset can generate to return […]

Europe’s wealth managers are increasingly focusing on Bitcoin: research

New research with asset managers across Europe reveals that 18% believe that customers have a very positive view of Bitcoin, which leads them to make allocations to the cryptocurrency. The survey, commissioned by Nickel Digital Asset Management (Nickel), the regulated and award-winning investment manager that connects traditional finance to the digital […]

UPDATE 1-Bitcoin is at a “tipping point”, says Citi

(Adds context, updates bitcoin price) LONDON – March 1 (Reuters) – Bitcoin is at a “tipping point” and may in the future become the preferred currency for international trade or face a “speculative implosion”, says Citi analysts. With the recent embrace of the likes of Tesla Inc and Mastercard Inc, bitcoin […]

Bitcoin is at a “tipping point”, says Citi

LONDON – March 1 (Reuters) – Bitcoin is at a “tipping point” and could either become the preferred currency for international trade or face a “speculative implosion”, say Citi analysts. With the recent embrace of the likes of Tesla Inc and Mastercard Inc, bitcoin could be at the beginning of a […]

Bitcoin is at a “tipping point”, says Citi

LONDON – March 1 (Reuters) – Bitcoin is at a “tipping point” and could either become the preferred currency for international trade or face a “speculative implosion”, say Citi analysts. With the recent embrace of the likes of Tesla Inc and Mastercard Inc, bitcoin could be at the beginning of a […]