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“# Bitcoin’s race to $50K heats up as solid institutional backing continues ” The crypto market has been surging recently and there’s one cryptocurrency — Bitcoin (BTC) — leading the way. After having suffered through volatility for the better part of the last 60-some days, the flagship crypto has showcased a high level of recovery,…
“# Clearing the air: Renewably sourced Bitcoin may ensure a clean energy future ” Bitcoin (BTC) may be the last thing one might consider when thinking about ways to ensure a clean-energy future. This has especially become the case following a tweet sent by tech entrepreneur Elon Musk back in May, in which he stated…
“# Digital intelligence must overcome challenges to solving crypto crimes ” While the value of cryptocurrencies has varied wildly in the last year, this has not diminished crypto’s attractiveness to criminals. Many of them are moving their illegal activities underground and outside the view of law enforcement. Because of the public nature of most blockchains,…
“# Unstable Bitcoin price to pivot investment flow to gold, mining chief says ” Jake Klein, CEO of Australian gold mining establishment Evolution Mining, has said that crypto price volatility will make gold a far more attractive proposition. Speaking to CNBC on Thursday, Klein argued that Bitcoin (BTC) is still ways away from offering the…
“# Swedish gov’t pays out $1.5M in Bitcoin to convicted drug dealer ” The Swedish government has found itself in the unforeseen situation of paying out around $1.5 million worth of Bitcoin (BTC) to a convicted — and then jailed — drug dealer. Two years ago, the man was convicted in a Swedish court for…
“# Bitcoin price returns above $47K as crypto market shrugs off Binance KYC news ” Bitcoin (BTC) abruptly exited lower levels to challenge firm resistance on Friday in further inspiration for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin coils up beneath major sell wall Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting…
“# Wells Fargo files for Bitcoin fund ” Wells Fargo – one of the oldest banks in the United States – has registered a new, pooled investment fund that offers its wealthy clients indirect exposure to Bitcoin (BTC). Fargo’s filing of a “Notice of Exempt Offering of Securities” — also known as a Form D…
“# American investors inclined to buy crypto with credit card, new study reveals ” As the crypto ecosystem continues to mature and go mainstream, a new study of Millennials has shown a change in investor sentiment and their spending habits. Surveying 1,000 American crypto investors, GamblersPick found that the average Millennial today holds a little…
“# BlackRock ETFs hold $384 million of shares in Bitcoin mining firms ” Filings submitted by the $9 trillion multinational investment manager BlackRock reveal the firm has made significant investments in two leading publicly traded Bitcoin mining firms. A June 30 filing submitted to the U.S. Securities and Exchange Commission, unearthed by Forbes, shows that…
“# Coinbase announces $500M crypto buying spree, pledges to invest 10% of future profits into digital assets ” Leading U.S. exchange by trade volume, Coinbase, has revealed plans to add half a billion dollars worth of crypto to its balance sheet. Coinbase CEO, Brian Armstrong, announced that the company’s board had approved the crypto spending…