Announcement

Joseph Young

Joseph Young is a financial analyst based in South Korea. He has covered Bitcoin and the crypto market since 2013. He regularly contributes to the BTC Times, Forbes, and Cointelegraph.

Number of Articles 43
Socials
Joseph Young's Work 43 Articles
News   -   Nov 19, 2020 Mexico’s 3rd Richest Person Invests 10% of Liquid Portfolio in Bitcoin
Mexico’s 3rd Richest Person Invests 10% of Liquid Portfolio in Bitcoin

Ricardo Salinas Pliego, a Mexican billionaire with a net worth of $12 billion according to Forbes, confirmed he has invested 10% of his liquid portfolio in Bitcoin. On November 18th, Pliego recommended the book “The Bitcoin Standard” and told his 810,000 followers that he invested a portion of his

by Joseph Young
News   -   Nov 08, 2020 Supply Crisis: Square Sells $1.63 Billion Worth of Bitcoin in Q3
Supply Crisis: Square Sells $1.63 Billion Worth of Bitcoin in Q3

In the third quarter of 2020, U.S. payments firm Square sold substantially more bitcoin than was mined. According to Square’s Q3 2020 shareholder letter filed with the U.S. Securities and Exchange Commission (SEC), the firm recorded $1.63 billion of Bitcoin revenue over the last three months.

by Joseph Young
News   -   Nov 05, 2020 The Number of Unique Bitcoin Addresses Surged in October
The Number of Unique Bitcoin Addresses Surged in October

Starting early October, the number of unique addresses on the Bitcoin blockchain has seen a significant surge.  Number of uniquely identifiable Bitcoin wallet users. Source: Willy Woo, Glassnode Square's Bitcoin Purchase Sped Up Adoption Analyst Willy Woo describes unique Bitcoin addresses with a balance above zero as “Bitcoin

by Joseph Young
News   -   Nov 04, 2020 European Central Bank Launches Public Survey on Digital Euro
European Central Bank Launches Public Survey on Digital Euro

As European Central Bank (ECB) president Christine Lagarde confirmed the institution is considering the launch of a digital euro, the ECB has launched a public survey for consumers to express their preferences with regards to a central bank-issued digital euro. The revelation comes after U.S. Federal Reserve chair Jerome

by Joseph Young
News   -   Oct 29, 2020 Avanti Becomes a U.S.-Regulated Bitcoin Bank With Unanimous Approval
Avanti Becomes a U.S.-Regulated Bitcoin Bank With Unanimous Approval

Avanti has received a bank charter from the Wyoming State Banking Board with a unanimous 8-0 vote. The approval allows the Bitcoin- and crypto-focused bank the same authority as national banks in the U.S. The First Digital Asset-Focused Bank in the U.S. Caitlin Long, CEO of Avanti who

by Joseph Young
News   -   Oct 27, 2020 Singapore’s Largest Bank DBS Publishes and Removes Crypto Exchange Announcement
Singapore’s Largest Bank DBS Publishes and Removes Crypto Exchange Announcement

On Thursday, Bitcoin users discovered a webpage including information on a digital exchange soft-launched by DBS Bank, the largest commercial bank in Singapore, on its website. But shortly after the cryptocurrency industry cheered the announcement, it was abruptly taken down. The initial announcement, which has since been taken offline, said

by Joseph Young
News   -   Oct 27, 2020 Can October Record Bitcoin's Highest Monthly Close in History?
Can October Record Bitcoin's Highest Monthly Close in History?

If Bitcoin sits above $13,873 at the end of October, it will print its highest monthly candle close in history. On a monthly candle chart, each candle represents one month of trading activity. Hence, a monthly chart typically covers years of trading activity on a single log chart, depicting

by Joseph Young
News   -   Oct 23, 2020 Grayscale Records $300M Inflow in a Single Day
Grayscale Records $300M Inflow in a Single Day

Over the course of 24 hours, asset management firm Grayscale's net assets under management (AUM) recorded a rapid inflow of $300 million. On October 21st, Grayscale reported its net AUM hit $7 billion, with the Grayscale Bitcoin Trust (GBTC) representing 82.84% of it. A day later on

by Joseph Young
Your link has expired. Please request a new one.
Your link has expired. Please request a new one.
Your link has expired. Please request a new one.
Great! You've successfully signed up.
Great! You've successfully signed up.
Welcome back! You've successfully signed in.
Success! You now have access to additional content.