Bitcoin

Bitcoin
Bitcoin’s Two-Week Rally Pushes Prices Above $57K
October 11, 2021

Bitcoin surged 3% on Monday (Oct. 11) following a two-week price rally that now pegs the cryptocurrency at more than $57,000, the highest level in over five months, according to reports. Ether gained 2%, topping $3,500. A 12% gain would put Bitcoin at its high...

Bitcoin
Bitcoin Rides George Soros Endorsement to $55K 
October 06, 2021

Bitcoin’s price jumped almost 10% Wednesday (Oct. 6) to nearly $55,000 per coin after reports surfaced about billionaire George Soros’ investment firm, Soros Fund Management, buying some of the world’s most valuable cryptocurrency, according to a CNN report.  “I’m not sure bitcoin is viewed only...

Bitcoin
Bitcoin Daily: Edward Snowden Thinks China Crypto Ban Has Boosted Bitcoin; Bitcoin Inches Closer to...
October 04, 2021

Edward Snowden said he thinks China’s crypto ban has been a boon for bitcoin, Decrypt reported. Snowden said he thinks bitcoin needed to become “private by design,” per the report. In March 2020, he posted that it was the “first time in a while” he’d...

Bitcoin
Bitcoin Daily: WallStreetBets Launches NFTs; Bhutan to Test CBDC
September 22, 2021

WallStreetBets (WSB) is rolling out a nonfungible token (NFT) collection, a press release says. The release notes that it will be called Diamond Hands, and will contain 15,000 handcrafted genesis NFTs. They’ll each have “unique qualities” and some will have “desirable rarities,” the release says....

Bitcoin
Bitcoin Daily: Soccer NTF Trading Platform Sorare Nets $680M; GK Software, Flex Enable Merchants to...
September 21, 2021

Binance is going to quit offering three products, futures, options and leveraged tokens to Australian users, a report from the company website says. Existing Australian users will have 90 days to reduce and close positions for those products, starting at 9 a.m. on Sept. 24....

Bitcoin
Bitcoin Daily: El Salvador Buys Bitcoin as Price Drops; DeFi Platform pNetwork Offers $1.5M Bounty...
September 20, 2021

El Salvador President Nayib Bukele said on Twitter Monday (Sept. 20) that the country has bought the bitcoin price dip to exchange dollars for bitcoin, Bitcoin Magazine reported. We just bought the dip. 150 new coins! El Salvador now holds 700 coins.#Bitcoin🇸🇻 — Nayib Bukele...

Bitcoin
Bitcoin Price Falls 10% in 24 Hours
September 20, 2021

Bitcoin began the week on a down note Monday (Sept. 20), with the digital currency’s price falling as much as 10% at one point during the day. It was down 9.09% as of 3 p.m. Eastern time Monday. The price of bitcoin was at $47,700...

Bitcoin
Revolut Uses Bitcoin to Secure Its Largest US Office Space
September 16, 2021

U.K.-based financial super app Revolut is using bitcoin to pay for its space in Dallas, Texas, with flexible office provider WeWork. Revolut’s largest U.S. space so far, located at 6900 Dallas Parkway, will be the hub for Revolut’s American expansion efforts, according to a press...

Bitcoin
Bitcoin Daily: Fidelity Investments Aims to Expand Crypto Team by 70% This Year; S. Korea...
September 13, 2021

Fidelity Investments is bolstering its digital assets team as crypto sees a glut of financial advisers, family offices and other investors get on board, according to Bloomberg Monday (Sept. 13). Fidelity provides institutional services like digital coin custody to trade execution. The company wants to...