Bitcoin News / Bitcoin.com - 3 years ago
The U.S. Internal Revenue Service (IRS) says it needs congressional authority in order to obtain the information needed to regulate cryptocurrency. “We get challenged frequently and to have a clear dictate from Congress on the authority for us...
Bitcoin News / Bitcoin.com - 3 years ago
The chief investment officer of global investment firm Skybridge Capital says bitcoin still has more upside than gold. While expecting both gold and bitcoin to rally, he said his hedge fund is sticking to bitcoin.
Asset Manager Skybridge Prefers Bitc...
Bitcoin News / Bitcoin.com - 3 years ago
British asset management firm Ruffer reportedly said its bitcoin investment has generated about $1.1 billion in profit. The firm says bitcoin has been “a wonderful store of value” and it is still optimistic about the cryptocurrency in the...
Bitcoin News / Bitcoin.com - 3 years ago
Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation.” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve&...
Bitcoin News / Bitcoin.com - 3 years ago
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in...
Bitcoin News / Bitcoin.com - 3 years ago
Upland.me is a blockchain-based game in which users can buy, sell, and trade virtual NFT properties mapped to the real world. By becoming a digital landowner, users can build properties, earn UPX coins, and even cash out their gains to USD. Currently...
Bitcoin News / Bitcoin.com - 3 years ago
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, woul...
Bitcoin News / Bitcoin.com - 3 years ago
After months of hype around the launch, the first Kusama parachain auction went off without a hitch. The now active parachain has already begun successfully processing transactions, paving the way for future slot auctions.
Kusama’s First Functi...
Bitcoin News / Bitcoin.com - 3 years ago
A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy c...
Bitcoin News / Bitcoin.com - 3 years ago
On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, F...
Bitcoin News / Bitcoin.com - 3 years ago
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, ba...
Bitcoin News / Bitcoin.com - 3 years ago
The Internet was once a bastion of freedom and was hoped to bring economic power to everyday people. These days a few centralized platforms such as Google, Facebook and Amazon dominate the online world, deciding what we can and cannot say, while keep...
Bitcoin News / Bitcoin.com - 3 years ago
Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said the aim is to provide U.K. investors with exposure to bitcoin without the need to deal wi...
Bitcoin News / Bitcoin.com - 3 years ago
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021.
Bitcoin Daily Transaction Rate...
Bitcoin News / Bitcoin.com - 3 years ago
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the world. He calls bitcoin a scam and wants cryptocurrency to be very heavily regulated.
Tr...
Bitcoin News / Bitcoin.com - 3 years ago
A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth strategy could violate their fiduciary duty if they do not consider bitcoin in their portfolios.
Asset Managers With Gr...
Bitcoin News / Bitcoin.com - 3 years ago
U.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news con...
Bitcoin News / Bitcoin.com - 3 years ago
Nayib Bukele, president of El Salvador, has weighed in the future of his country now that there is a formal proposal for making Bitcoin a legal tender, announcing complementary measures. Bukele mentioned yesterday on Twitter there would be no capital...
Bitcoin News / Bitcoin.com - 3 years ago
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order to combat ransomware attacks. “We haven’t figured out in the country or in the world ho...
Bitcoin News / Bitcoin.com - 3 years ago
Player cashes out approximately $180,000 after winning it on Sun of Fortune: Hold the Jackpot!
Multiple Wins Result in a Total Bank of Over 5 BTC
The weather was perfect, with just enough sunshine to warm up one lucky player starting a gaming sessi...
Bitcoin News / Bitcoin.com - 3 years ago
Microstrategy will soon hold more than 100,000 bitcoins in its treasury. The company is raising $400 million by selling senior secured notes and will use the proceeds to acquire additional bitcoins.
Microstrategy Acquiring More Bitcoin
Microstrategy...
Bitcoin News / Bitcoin.com - 3 years ago
The chairman of major Indian company Infosys says that crypto should be regulated as an asset, like a commodity. He believes that crypto investors will significantly contribute to India’s economy.
Infosys Chairman Wants Crypto Regulated as an A...
Bitcoin News / Bitcoin.com - 3 years ago
PRESS RELEASE. Bitcoin.com Exchange is ecstatic to announce the listing of STAK, being available to trade on the 7th June 2021 at 10:00AM UTC. STAK was created by the Jigstack team, as the driver and as its governance token, incorporating a variety o...
Bitcoin News / Bitcoin.com - 3 years ago
Over six years ago, at the Massachusetts Institute of Technology (MIT), a couple of scholars distributed $100 in bitcoin to 3,100 students. According to testimony from a few participants who held the leading crypto asset since then, the students nett...