Andrew Yang has plans for New York City that cryptocurrency users anywhere would find appealing. Andrew Yang, the Democratic Party front-runner in the race to be New York’s next mayor said he would transform New York City into “a hub for BTC and other cryptocurrencies” noting the city to be “the world’s financial capital.” The…
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Amazon has been silently working on a new digital currency project in Mexico, according to the company’s job postings. American e-commerce giant Amazon is developing a new service that will allow its customers to shop using digital currency, according to the company’s job postings. According to an official job application on Amazon, the company is…
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A recent SEC filing by Bitwise reveals plans to launch a new crypto innovators fund. Bitwise, one of the world’s largest cryptocurrency fund managers, has filed a new prospectus with the United States Securities and Exchange Commission, or SEC, to launch an exchange-traded fund for so-called “crypto innovators.” The fund manager filed Form N-1A with…
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“The firm could unlock a multi-billion dollar opportunity with a few clicks,” said analyst Paul Steves. Earlier today, Tesla Motors announced it had made a major Bitcoin purchase and planned to introduce crypto payments in the future. Some in the industry are now speculating that Apple will be the next institutional player to adopt the…
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Frederik Gregaard, CEO of the Cardano Foundation, believes that a blockchain infrastructure for capital markets would make controversial top-down interventions unnecessary. The recent GameStop saga — a financial spectacle that was a good deal more contradictory than a straight-up “David vs. Goliath” tale of Redditor retail investors vs. predatory hedge funds — has sparked numerous blockchain…
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Bitcoin will still have notable value fluctuations, but it’s out of bubble territory, according to Michael Wu. A number of entities have called Bitcoin (BTC) a bubble since its inception roughly 12 years ago. Michael Wu, CEO of digital asset financial services outfit Amber Group, thinks otherwise, however. “I think it’s always like this when…
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63%of 800 respondents in the U.K. are planning to buy Bitcoin in 2021, according to a new survey by Investing.com. Bitcoin (BTC) is likely to hit $60,000 in 2021 amid the growing mainstream adoption, according to an analyst at major financial publication Investing.com. Jesse Cohen, a senior financial analyst at Investing.com, predicted that Bitcoin will…
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Germany recognizes the importance of blockchain, but how did it act in 2020, and what effect will this have on its blockchain ecosystem? Germany has a very diverse, active blockchain ecosystem of companies and enthusiasts, especially in the city of Berlin. And an important step in the development of this ecosystem has been taken by…
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Bitcoin’s price is supported by “robust network fundamentals,” says ARK Invest. If more companies allocate a portion of their balance sheet to BTC, the price could skyrocket. The Bitcoin (BTC) price could be headed a lot higher as more companies allocate a portion of their treasuries to the digital asset, according to new research from…
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Demand for Grayscale’s Bitcoin Trust is growing. Kingfisher Capital went from owning zero shares to over 10,000 in just a few months. Kingfisher Capital, a North Carolina wealth manager, has scooped up 10,667 shares of the Grayscale Bitcoin Trust, according to a recent filing with the United States Securities and Exchange Commission, or SEC. The…
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