American Express (Amex) sees cryptocurrency as an asset class, according to CEO Steve Squeri. He added that right now, the firm does not see crypto as an immediate or medium-term threat to its busines...
Tag: Featured
A Deep Dive Into the Concentrations of Large Crypto Holders – Featured Bitcoin News
Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been sold and distributed across many...
Goldman Sachs’ Blankfein Admits His View on Cryptocurrency Is Evolving — Says Crypto ‘Is Happening’ – Featured Bitcoin News
Lloyd Blankfein, a former Goldman Sachs CEO who is now the firm’s senior chairman, says his view on cryptocurrency is evolving. “I look at the crypto, and it is happening,” he added. Goldman Sachs Exe...
Measuring the Extended Crypto Market Downturn Against Prior Bear Markets – Featured Bitcoin News
The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be sai...
Global Crypto Owners Predicted to Surpass 1 Billion This Year – Featured Bitcoin News
The number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com. “Nations can no longer afford to ignore the growing push to crypto by ...
Net Inflows Into Largest Gold ETF Surge Amidst Falling Stocks and Crypto Prices – Featured Bitcoin News
Net inflows into SPDR Gold Shares surged to a new record of $1.63 billion, the highest since its listing in 2004. The surge of net inflows into one of the largest gold exchange-traded funds (ETFs) com...
NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes – Featured Bitcoin News
The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term inves...
Union Bank of Philippines to Offer Crypto Trading and Custodial Services – Featured Bitcoin News
One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank execu...
Elon Musk Criticizes Twitter — Gets Blasted for Using Tesla to Promote Crypto, Dogecoin – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT) profile picture service. “Twitter is spending engineering resources on t...
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months – Featured Bitcoin News
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a ...
While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M – Featured Bitcoin News
Following the large string of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the next month up until January 21. On Friday, ...
Crypto Scam Websites Attracted Millions of Indians Last Year, Chainalysis Says – Featured Bitcoin News
Indians visited crypto scam websites nearly 10 million times last year, according to blockchain data analytics firm Chainalysis. The top crypto scam sites alone were visited 4.6 million times by India...
Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone – Featured Bitcoin News
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s up...
25% of US Adults Plan to Start Investing in Crypto, Survey Shows – Featured Bitcoin News
A U.S. consumer survey shows that 25% of respondents who currently do not own cryptocurrency plan to start investing in crypto. “2021 was a good year for crypto. Of the respondents that own crypto, mo...
Fidelity Expects More Countries to Acquire Bitcoin Citing ‘Very High Stakes Game Theory’ – Featured Bitcoin News
Fidelity expects more sovereign nation states, or even a central bank, to acquire bitcoin this year. “There is very high stakes game theory at play here, whereby if bitcoin adoption increases, the cou...
Majority Expect Bitcoin Price to Reach $60K or More This Year – Featured Bitcoin News
Global investment bank JPMorgan has asked its clients what they think the price of bitcoin will be by year-end. Among the bank’s clients who responded, 55% expect the price of bitcoin to end the year ...
One in Four Businesses Surveyed Plan to Accept Cryptocurrency Payments This Year – Featured Bitcoin News
Payments giant Visa has conducted a survey of small businesses and found that almost a quarter of those who responded plan to accept cryptocurrency payments this year. “I think more people are feeling...
Financial Guru Dave Ramsey Says Crypto Is ‘Fun,’ Here to Stay, Can Be Part of Portfolios – Featured Bitcoin News
Financial guru Dave Ramsey says crypto is “fun” and can be a small part of investment portfolios. “It’s a commodity. Is it going to be around? Sure, it’s going to be around,” Ramsey said. Dave Ramsey ...
Kim Kardashian, Floyd Mayweather Sued for Inappropriately Promoting Cryptocurrency Token – Featured Bitcoin News
Reality TV star Kim Kardashian and boxing legend Floyd Mayweather Jr. are facing a class-action lawsuit over their promotion of Ethereummax and the EMAX cryptocurrency token. The celebrities’ “imprope...
Morocco Now North Africa’s Leading P2P Crypto Trading Nation – Featured Bitcoin News
In the year 2021, Morocco, which previously announced measures restricting crypto trading, became North Africa’s leading crypto-trading nation after its peer-to-peer (P2P) trade volumes surged to $6 m...
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs – Featured Bitcoin News
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank se...
Payments Giant Explores Launching Stablecoin to Boost Crypto Offerings – Featured Bitcoin News
Paypal is reportedly working on a stablecoin backed by the U.S. dollar to expand its cryptocurrency offerings. “We will, of course, work closely with relevant regulators,” the company stressed. Paypal...
Devere Group CEO Predicts 3 Countries Will Adopt Bitcoin as Legal Tender This Year – Featured Bitcoin News
The CEO of financial advisory and asset management firm Devere Group has predicted that three countries will adopt bitcoin as legal tender this year. He is more bullish than El Salvador’s president wh...
AMC Theatres on Track to Accept Dogecoin and Shiba Inu Payments in Q1, CEO Confirms – Featured Bitcoin News
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says his company is on track to accept meme cryptocurrencies dogecoin (DOGE) and shiba inu (SHIB) in the first quarter of th...
Airbnb Explores Crypto Payments — CEO Sees ‘a Revolution Happening in Crypto’ – Featured Bitcoin News
Popular travel website Airbnb could soon accept cryptocurrencies for payments, CEO Brian Chesky has hinted. “Like the revolution in travel, there is clearly a revolution happening in crypto,” he added...
A Look at the Genesis Block and Source Code That Sparked a Financial Revolution – Featured Bitcoin News
13 years ago today, the anonymous creator of the Bitcoin protocol kickstarted the network by mining the genesis block. Satoshi started the genesis block on Saturday, January 3, 2009, at precisely 1:15...
Bitcoin Will Be Legal Tender in 2 More Countries This Year, El Salvador’s President Predicts – Featured Bitcoin News
El Salvador’s president has made six predictions relating to bitcoin for 2022. He expects two more countries to adopt bitcoin as legal tender this year. Meanwhile, he expects El Salvador’s Bitcoin Cit...
Kevin O’Leary Reveals Crypto Strategy, Why He Prefers Ethereum, Says NFTs Will Be Bigger Than Bitcoin – Featured Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy and which coins he owns. He also discussed crypto market bubbles, diversification, regulation, and w...
Gold Bug Peter Schiff Claims Bitcoin’s Yearly Gain of 60% Was Achieved in First 5 Weeks of the Year – Featured Bitcoin News
Gold bug Peter Schiff has claimed that though bitcoin went up by 60% during the past twelve months, most of these gains were achieved during the first five weeks of the year in 2021. He insists that t...