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Deutsche Bank: CBDCs Will Replace Cash
Deutsche Bank: CBDCs Will Replace Cash
News  •  Business  •  Nov 11, 2020 by Thomas M

In a report titled "Konzept #19 - What We Must Do to Rebuild" that was published this week, Deutsche Bank listed economic evaluations and proposals to aid global economies hit by the COVID-19 pandemic. Containing sections related to environmentalism, small business protection, and the radical "work from

Supply Crisis: Square Sells $1.63 Billion Worth of Bitcoin in Q3
Supply Crisis: Square Sells $1.63 Billion Worth of Bitcoin in Q3
News  •  Bitcoin  •  Nov 07, 2020 by Joseph Young

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.

Lightning Network Derivatives Exchange LNMarkets Hits Record Volume
Lightning Network Derivatives Exchange LNMarkets Hits Record Volume

Lightning Network-based Bitcoin derivatives exchange LNMarkets this week reported a rapid uptick in trading volume on its platform, as 40 percent of its aggregate trading volume was recorded in the past month. LNMarkets launched on the Bitcoin mainnet in March, facilitating trades exclusively via Lightning. Although still in its alpha

News  •  Bitcoin  •  Nov 11, 2020
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Lightning Network Derivatives Exchange LNMarkets Hits Record Volume
Lightning Network Derivatives Exchange LNMarkets Hits Record Volume

Lightning Network-based Bitcoin derivatives exchange LNMarkets this week reported a rapid uptick in trading volume on its platform, as 40 percent of its aggregate trading volume was recorded in the past month. LNMarkets launched on the Bitcoin mainnet in March, facilitating trades exclusively via Lightning. Although still in its alpha

News  •  Bitcoin  •  Nov 11, 2020
Deutsche Bank: CBDCs Will Replace Cash
Deutsche Bank: CBDCs Will Replace Cash

In a report titled "Konzept #19 - What We Must Do to Rebuild" that was published this week, Deutsche Bank listed economic evaluations and proposals to aid global economies hit by the COVID-19 pandemic. Containing sections related to environmentalism, small business protection, and the radical "work from

News  •  Business  •  Nov 11, 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.

News  •  Bitcoin  •  Nov 07, 2020
PayPal Looks to "Embrace" Central Bank Digital Currencies
PayPal Looks to "Embrace" Central Bank Digital Currencies

PayPal made waves in October when the global financial technology giant made public that it would begin supporting Bitcoin alongside a number of other cryptocurrencies. Now it appears that the firm's involvement in the space may be more nuanced than first announced, statements from executives indicate.  When PayPal

News  •  Bitcoin  •  Nov 03, 2020
Banks Prepare to Ride a Black Swan
Banks Prepare to Ride a Black Swan

As fat-finger errors go, it wasn’t that big a deal. But as an illustration of banks’ clandestine approach to Bitcoin, it was worth a million words. In a week dominated by Bitcoin’s price surge, I was far more interested in an apparent mistake by DBS Bank. On Thursday,

Opinion  •  Bitcoin  •  Nov 01, 2020
Lightning Labs Rolls Out Marketplace for Lightning Channel Liquidity
Lightning Labs Rolls Out Marketplace for Lightning Channel Liquidity

Lightning Network development startup Lightning Labs is rolling out a new product: dubbed Lightning Pool, the new tool seeks to bring together node operators to trade access inbound and outbound Lightning channel capacity with each other. With the launch, Lightning Labs tackles one of the Lightning Network's major

News  •  Bitcoin  •  Oct 30, 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

News  •  Bitcoin  •  Oct 28, 2020
Michael Saylor Reveals Personal Bitcoin Holdings as MicroStrategy Plans to Buy More
Michael Saylor Reveals Personal Bitcoin Holdings as MicroStrategy Plans to Buy More

MicroStrategy can't get enough of Bitcoin. After accumulating 38,250 bitcoin between August and September, the firm wants more. “You should expect that we will purchase additional bitcoin as we generate cash beyond what we need to run the business on a day to day basis,” MicroStrategy President

News  •  Bitcoin  •  Oct 27, 2020
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