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Blockchain
May 4, 2021
Revolut Enables Bitcoin Withdrawals in the United Kingdom
Bitcoin may now be withdrawn from your Revolut account in the UK if you are a Metal customer with the cap set at $1,400 a month (£1,000). Bitcoin Withdrawals Now Happening on Revolut Revolut now officially allows UK customers to withdraw their Bitcoin to external wallets, the company announced in a blog post. Moving forward, […]
Blockchain
May 4, 2021
Billionaire Mark Cuban Praises Bitcoin, Ethereum, and Dogecoin
Billionaire investor Mark Cuban has expressed his support for Dogecoin, Bitcoin and Ethereum on Twitter once again, giving his reasons to endorse each of the three mentioned currencies. Mark Cuban Tells Twitter Why Cryptocurrencies Are Here to Stay Dallas Maverick owner and billionaire Mark Cuban took to Twitter early on Monday delivering a new round […]
Blockchain
April 19, 2021
Willy Woo Says Power Outage in China Tanked Bitcoin’s Value
Willy Woo has presented arguments to support the argument that a power outage in Xinjiang, China, is related to the weekend Bitcoin price crash. Power Outage in Xinjiang Potentially Linked to BTC Crash On-chain analyst Willy Woo has pegged the recent Bitcoin crash to power outages in Xinjiang, China, the province that accounts for close to one-quarter of the […]
Business
April 5, 2021
JPMorgan Notes Drop in Three-Month Bitcoin Volatility
JPMorgan Chase & Co has released a new report noting a drop in Bitcoin volatility over the past three months. Bitcoin Volatility Drops Further, JPMorgan Says Volatility has curbed the enthusiasm of many early crypto adopters who thought twice before venturing into Bitcoin once the currency started climbing rapidly and then took its ceremonial fall […]
Business
February 8, 2021
Tesla Buys $1.5bn Worth Bitcoin, to Accept it as Payment Soon
Bitcoin exceeds $44,000 apiece for the first time, following the announcement. Bitcoin Investment is Significant Percentage of Company’s Cash Today in a filing with the Securities and Exchange Commission, Tesla informed that it has acquired $1.5 billion in Bitcoin. Moreover, the company added that it may also accept Bitcoin in the near future as a […]
Blockchain
January 6, 2021
IGT Embraces Bitcoin and Crypto Payments for Casino Slot Machines
Leading slot maker IGT has confirmed that it has acquired a patent to allow players to use Bitcoin to bet on slots. IGT Confirms Crypto for Slot Gaming Bitcoin is just about to go mainstream in gambling with International Game Technology Plc (IGT) announcing that it may be exploring cryptocurrencies as a payment option moving […]
Blockchain
December 27, 2020
XRP Weakens to New Lows After Bitstamp Halts Trading for US Customers
Bitstamp becomes the first major cryptocurrency to delist XRP following SEC allegations that the token was traded as an unregistered security. Bitstamp Joins a Number of Exchanges Delisting XRP One of the most valuable cryptocurrencies, XRP, is in a free fall after the US-based crypto exchange Bitstamp announced it is ceasing XRP trading and deposits […]
Business
December 27, 2020
Trading Update: BTC Soars to $28,400, Retracts to Sub-$27K
Bitcoin takes a tumble to $27,200 only minutes after hitting $28,400 earlier today. BTC is currently trading at $26,957.90 as of 11:30 pm ET. Bitcoin Falls to $27,200 Minutes after Hitting $28,400 Over the past 24 hours, Bitcoin’s price has been heading firmly upwards. Minutes after it had hit $28,400 in price valuation, however, the […]
Business
December 27, 2020
Bitcoin Rally Surges Past $28,000, Tops $500B Now
A holiday surge has driven Bitcoin’s value which has now hit $28,220.50 and a market cap of $524.65 billion. Bitcoin’s Value Hits $28,220, No End in Sight The 2017 Bitcoin fiasco is far from sight and even though fears that BTC may once again take a precipitous plunge the currency is in an upswing. Bitcoin’s […]
Blockchain
December 26, 2020
Industry Disagrees with Hong Kong’s Planned Crypto Regulation
The Bitcoin Association of Hong Kong disagrees with the city’s wave of crypto regulations and warns that they may hurt the city’s innovation and financial inclusion. Hong Kong May Overregulate Crypto The Bitcoin Association of Hong Kong has criticized the city’s cryptocurrency regulation plan. The association is appealing to regulators to reconsider the potential impact […]