Government-Owned Swiss Bank Launching Crypto Trading and Custody Services
Basler Kantonalbank (BKB), Switzerland's eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned commercial ... read more.
Bitcoin ATM Locations Reaching 9,000 Worldwide
The number of bitcoin ATM locations has been rising steadily. Almost 9,000 bitcoin ATMs have been installed worldwide. The U.S. leads as the country with the largest number of bitcoin ATMs, followed by Canada and the United Kingdom. Nearly 9,000 ... read more.
S2F Price Model Suggests Bitcoin Price Hits $100K - Author Claims Model Is Perfectly on Track
The author of the controversial bitcoin stock-to-flow (S2F) price model said that at current prices the S2F model is “perfectly on track.” S2F shows the price could hit around $30,000 by the year’s end and by August 2021 prices could ... read more.
$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network
The Ethereum Classic (ETC) blockchain network lost $5.6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5.6 million) after spending 17.5 BTC ... read more.
Accused of Spreading FUD Zeus Capital Doubles Down on Chainlink Pump and Dump Claims
Zeus Capital LLP has released a new report reiterating its earlier stance that Chainlink is a giant pump and dump scheme. This new report comes after the little known asset management and research firm took flak for attacking Chainlink's token ... read more.
Testimony From Craig Wright's Ex-Wife Throws a Twist in the Billion Dollar Bitcoin Lawsuit
On June 30, a jury trial was scheduled for the notorious Kleiman v. Wright lawsuit on October 13. Now a recent filing from the plaintiffs notes that when Craig Wright’s ex-wife Lynn Wright recently testified, she revealed a number of ... read more.
Grayscale Investments' Ethereum Trust Filed With the SEC to Obtain Reporting Status
The digital currency asset manager Grayscale told investors on Thursday that the firm has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for the company’s Ethereum Trust. The recent filing is voluntary and ... read more.
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might ... read more.
Bitcoin Ownership Steadily Shifts From Whales to Small Investors, Data Shows
The amount of bitcoin held by small investors has more than doubled in the past five years as so-called whale holdings declined by an almost similar margin during the same period. According to new data from Glassnode, the percentage of ... read more.
Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth
Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold. ... read more.
German Authorities Confiscate $30 Million in Bitcoin From Pirate Movie Site
German authorities, with the help of the U.S. Federal Bureau of Investigation (FBI), have confiscated about $30 million in bitcoin from an operator of a pirate movie website. An unspecified amount of bitcoin cash was also seized. Bitcoin and Bitcoin ... read more.
Reports Claim UK’s Financial Conduct Authority 'Pressurized' to Remove Onecoin Scam Warning
A recent episode of the popular BBC Sounds podcast the “Missing Cryptoqueen” has shown the public a very interesting view of the powerful Onecoin Ponzi. According to two witnesses the BBC interviewed, a London law firm and a reputation management ... read more.
Blockchain Analytics Show Altcoins 2x More Prominent in East Asia Compared to North America
On August 6, the blockchain intelligence firm Chainalysis published a report that analyzes cryptocurrency trends across various regions worldwide. According to the statistics, North America purchases and holds more bitcoin than any other region. Bitcoin also accounts for the largest ... read more.
New York Regulator Fast-Tracks 10 Cryptocurrencies
The New York State Department of Financial Services has created a Greenlist of pre-approved cryptocurrencies for custody service and listing. Meanwhile, crypto-friendly SEC Commissioner Hester Peirce, also known as Crypto Mom, has been confirmed for another term at the commission. ... read more.
Goldman Sachs Cryptocurrency: Possible Collaboration With JPMorgan and Facebook
Goldman Sachs is considering creating its own cryptocurrency. Having recently appointed a new head of digital assets, the company indicated a possible collaboration with other companies, including JPMorgan and Facebook. JPMorgan has created the JPM coin and Facebook has proposed ... read more.
South Korea's Largest Bank Unveils Bitcoin Custody Services
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for ... read more.
Brian Tockey: Bitcoin, Regression Theorem, and Defining Money
It’s relatively common to see the regression theorem being mentioned in economic discussion, especially when it comes to whether or not something is money. This is surprising because the regression theorem has absolutely nothing to do with money or the ... read more.
Bitfinex Scoffs at Tether Market Manipulation Lawsuit: Bittrex and Poloniex File for Summary Judgment
Bitfinex says the second attempt by plaintiffs to frame the bitcoin manipulation complaint will fail just like the first attempt. The Bitfinex comments follow a notice by Bittrex and Poloniex disputing claims that they knew about the alleged market manipulation ... read more.
Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. $2 Billion Fake Gold ... read more.
Bitcoin Cash Games Launches $3K Leaderboard Tournament to Celebrate the 3rd BCH Anniversary
To celebrate the third anniversary of Bitcoin Cash, the world-class gaming platform Bitcoin Cash Games is launching a leaderboard tournament worth $3k. On August 1, the Bitcoin Cash community will be celebrating the network’s third anniversary and the project has ... read more.
Wirex Launching in US After Receiving State Money Transmission License
Wirex has received its first money transmission license in the U.S., where the company is now gearing up to launch its "next-gen cryptocurrency platform linked to a spending card." US Expansion Wirex announced Friday that it has received its first ... read more.
Chainlink Price Jumped More Than 45% in 48 Hours and 440% in Twelve Months
Chainlink's token surged more than 45% from $9.53 to $14.09 between Friday and Sunday data shows. The surge saw chainlink's (LINK) market capitalization shooting to $5.12 billion which makes it the sixth most capitalized token, just ahead of cardano (ADA). ... read more.
Year-End Gold and Bitcoin Price Predictions from Regular Everyday People
Just recently, news.Bitcoin.com talked to a number of individuals and asked them to let us know what they think the price of bitcoin and gold will be by the year’s end. Rather than leveraging the typical predictions from experts, executives, ... read more.
Non-fungible Digital Artwork Sale Shatters Records, 'Picasso’s Bull' NFT Sells for $55K
During the first week of July, news.Bitcoin.com reported on the growing sales of non-fungible token artwork being sold on marketplaces like Opensea, Nifty Gateway, and Makerplace. Just recently, the NFT market Nifty Gateway broke records selling a piece of digital ... read more.
