Bitcoin is being outpaced by some of the smaller and faster-growing cryptocurrencies. The dynamic has lessened Bitcoin’s dominance, with total assets under management for Bitcoin-related investment products falling 20% to $39 billion in December, according to a report from CryptoCompare. The decline reduced Bitcoin products’ portion of total digital-asset investment vehicles to 67.8% from 70.6%, […]
Bitcoin on Balance Sheets
The first quarter of 2021 witnessed increasing institutional involvement in cryptocurrencies and public companies Tesla and Square join Microstrategy in adding Bitcoin to their balance sheets. Source: CoinDesk
Bitcoin Turns 11 Today
Happy Birthday, Bitcoin! This evening 11 years ago, on January 3rd, 2009, someone pressed a button on his (or her) keyboard and created a new currency. There was no paper, gold, or silver backing it, just bits and 31,000 lines of software code with a simple announcement on the Internet. Along with a 9-page Whitepaper […]
What Will Bitcoin Look Like in Twenty Years?
Square Crypto, the division of the publicly traded payments company that focuses exclusively on bitcoin, just hired one of the world’s most prolific bitcoin developers. Chaincode Labs alum and Blockstream co-founder Matt Corallo previously authored notable efficiency improvements such as the rust-lightning implementation, which makes it easier for users to build and interact with layers of the […]
UK Advertising Watchdog Upholds Complaints
The U.K. Advertising Standards Authority (ASA) has upheld complaints over a bitcoin ad placed by crypto derivatives exchange BitMEX (HDR Global Trading).UK Advertising Watchdog Upholds Complaints. The advertising regulator published its decision on Wednesday, saying that it supported the four complaints against the ad that had claimed it “failed to illustrate the risk of the […]
Blockstream launches bitcoin mining facility and pool
Blockstream launches bitcoin mining facility and pool. Blockstream, the Canadian Bitcoin technologies company, is launching a bitcoin mining facility and mining pool, the firm announced in a blog post Thursday. Blockstream’s mining data center will host its clients’ mining activities in addition to Blockstream’s own mining operations. The mining facility counts Fidelity Center for Applied […]
NO-DEAL BREXIT ‘WILL SEE CRYPTOCURRENCY VALUE HIT RECORD HIGH’
The surging price of bitcoin could reach record highs in the coming months if the UK leaves the European Union without a deal, according to some cryptocurrency analysts. NO-DEAL BREXIT ‘WILL SEE CRYPTOCURRENCY VALUE HIT RECORD HIGH’. The looming prospect of a no-deal Brexit has already caused the pound to slump against other major currencies, including the euro […]
E16: Is the crypto carnage over?
Bitcoin lost 40% of its value in the past three weeks and Ethereum fell to $100 an ether, losing its claim as the second largest cryptocurrency. Is the carnage in cryptocurrencies over? Maybe, but here’s why I’m still not buying cryptos and instead looking at “backing up the truck” in another sector […]
E11: How I’m (not) Investing in Cryptocurrencies
Bitcoin going to $1k or 50k? Investing is hard, investing in cryptocurrencies is even harder. Here’s how I’m doing it and not. Not investment or financial advice. Educational purposes only. To be Subscribe
E4: Cryptocurrency ETFs
On Friday, the U.S. Securities and Exchange Commission (SEC) rejected an application by the Winklevoss Twins to list a Bitcoin Exchange Traded Fund (ETF) on the stock exchange. Highlighting the risk of market manipulation. However behind the headlines, earlier in the week two other applications for cryptocurrency ETFs were submitted. Listen to find […]