Bitcoin News
Two Wall Street wealth management giants, Bank of America’s Merrill Lynch and Wells Fargo, are adding spot bitcoin exchange-traded funds to their brokerage platforms, Bloomberg reported, citing people familiar with the matter. Ever since the launch of the 10 ETFs in January, industry participants have been wondering when major U.S. brokerages would start offering the…
The crypto enterprise Coinbase, rooted in San Francisco, experienced an influx of online visits that surpassed the tenfold increase anticipated by their projections. Brian Armstrong, the CEO of Coinbase, shared updates about the heightened traffic following the exchange’s operational hiccups, which coincided with bitcoin’s climb to $64,000 on Wednesday. Coinbase Traffic Spike Surpasses Expectations Coinbase,…
By: Will Canny Wall Street investment firm Bernstein last week listed seven predictions that could reignite growth in crypto. 1. The Ethereum Merge is successful Even though the switch to a proof-of-stake method of maintaining its network from a proof-of-work one is just days away, there remains a healthy bit of skepticism, Bernstein analysts Gautam…
Gary McFarlane The crypto market has just added $50 billion in a lightening-fast recovery from what some market watchers were fearing might be the start of the next leg down in a revisiting of the year’s lows. But what is behind this major pump in prices across the crypto complex? A number of factors can…
By: Alyssa Hertig This past year, key developments on the Lightning protocol have been making Bitcoin a better payment system. Attention in Bitcoin in 2021 has been glued to El Salvador making history as the first country in the world to adopt bitcoin as legal tender and bitcoin’s chronically fluctuating price. But behind the scenes,…
White paper introducing Jack Dorsey’s decentralized Bitcoin exchange Bitcoin Real Estate posts the latest news from top crypto news sites like Cointelegraph.com. Be sure to visit their site to read the whole story. Story by: zhiyuan-sun It’s not a decentralized exchange in the truest sense of the word, but a peer-to-peer token swap platform under the…
A new theory for a universal digital barter system. By Michael J. Casey By soaring 4.4% to new record highs Wednesday after the release of a report that showed U.S. inflation hit its highest level in 31 years and then losing all of that in the day, bitcoin played straight into the hands of mainstream economists…
https://www.coindesk.com/author/lawrence-lewitinn/ There are just seven weeks left in the year, and it seems there’s no consensus on who will win out: the HODLers (steadfast accumulators) or the profit-takers. We’re approaching Christmas and many expect the art of window dressing to take hold. No, not on the streets of our towns, where shops prepare far too…
Taproot, Bitcoin’s Long-Anticipated Upgrade, Has Activated By Alyssa Hertig Taproot gives developers an expanded toolbox to work with as they continue to ideate, iterate and build on Bitcoin. At 5:15 UTC (00:15 EST) on Sunday, Nov. 14, Taproot, the long-anticipated Bitcoin upgrade, activated at block 709,632, opening the door for developers to integrate new features that will…
By: Nathan DiCamillo Visa (V) is piloting a suite of application programming interfaces (APIs) that will allow banks to offer bitcoin services, the payments giant announced Wednesday. The Visa Crypto APIs pilot program will let clients “easily connect into the infrastructure provided by Visa’s partner, Anchorage, a federally chartered digital asset bank, to allow their…
Harry Robertson Bitcoin surged as much as 7.5% on Thursday, to $40,094.81. The red-hot cryptocurrency has seen immense volatility in recent days, with thousands of dollars per coin added and wiped out across short periods. Thursday’s surge comes after European Central Bank boss Christine Lagarde called for more regulation the prior day. Morgan Stanley analysts…
Tanzeel Akhtar Gemini, the cryptocurrency exchange and custodian founded by the Winklevoss brothers, has launched the Gemini Credit Card offering cryptocurrency rewards. The company said the introduction of the credit card has been accelerated with the acquisition of the fintech startup Blockrize and will be made available to U.S. citizens in all states. According to…
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A record 3.5 million crypto wallet app downloads were recorded in July 2020, representing an increase of 81% when compared to the same period last year. In addition, the number of active users went up by 110% between January 1 and August 19, 2020. According to a report authored by Madeline Lenahan of Apptoppia, the increase in…