A new report claims that the top Spanish financial markets regulator and the nation’s central bank may have released their latest warning about the “dangers” of crypto investment in an attempt to scare companies in the country away from following Tesla’s lead by getting into bitcoin (BTC) buying. Earlier this week, the Banco de España…
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Tesla’s much-discussed recent decision to make a USD 1.5bn bitcoin (BTC) purchase continues to generate ripples in the American business pond – and has led some to claim accountancy rules should be updated to cover corporate crypto investments. Industry observers are calling on the regulatory Financial Accounting Standards Board (FASB) to update the conventional Read more »Pay,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Bitcoin news Uber has “quickly dismissed” the idea of buying bitcoin (BTC) with the cash on its balance sheet, because the company is "going to keep our cash safe," CEO Dara Khosrowshahi…
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Crypto analysts and industry figures took a closer look at the Bitcoin (BTC) vs. Ethereum (ETH) and altcoins debate, amid a bull market in which ETH and numerous altcoins are continuously outperforming BTC. BlockTower Capital founder Ari Paul has criticized the umbrella term ‘altcoins’ while noting that such coins have outdone bitcoin on many occasions.…
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Source: iStock/Photographer, Filmmaker, Designer Experts are saying that an American bitcoin (BTC) exchange-traded fund (ETF) could become “a real thing” in 2021 – but a debate has sparked on social media, with some warning products of this sort may still be some way off. In a Bloomberg article, authors Claire Ballentine and Katherine Greifeld claimed…
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The oldest bank in the US, New York Mellon Corp. will hold, transfer and issue bitcoin (BTC) and other unspecified cryptoassets on behalf of its asset-management clients later this year, the Wall Street Journal reported, citing Roman Regelman, chief executive of BNY Mellon’s asset-servicing and digital businesses. (Updated at 13:22 UTC: updates throughout the entire…
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Bitcoin price started a downside correction below the USD 46,000 support level. BTC even failed to stay above USD 45,000. It is currently (05:00 UTC) down around 4% and it might continue to move lower towards the USD 43,200 support zone. Similarly, ethereum struggled to stay above USD 1,800 and corrected towards USD 1,700. Besides,…
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Bithumb, South Korea’s market-leading crypto exchange, has been ordered to pay compensation to the victims of a 2018 “accidental” bitcoin (BTC) “withdrawal” mishap that left them out of pocket. But in a sting in the tale, the presiding judge ordered the payment to be made in fiat – at rock-bottom crypto winter prices. Per Fn…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news An unnamed miner has just sent Russia’s largest single batch of mining equipment into the country – heading for a BitRiver-run data center in Irkutsk, and loaded on 14 trucks. The…
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Elon Musk. Source: A video screenshot, Youtube, Bloomberg. Twitter, Elon Musk and crypto – hardly a minute seems to go by without a combination of the three dominating the headlines. And it looks like the Tesla supremo has been busy behind his keyboard again for a new spate of crypto-themed tweets at the time when…
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