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This Messaging App Pays Lightning-Powered Bitcoin Rewards
This Messaging App Pays Lightning-Powered Bitcoin Rewards
News  •  Bitcoin  •  Nov 18, 2020 by Shaurya Malwa

Messaging app and aggregator IM+ app has integrated the Lightning Network as part of its services, as per a release shared with the BTC Times. It will partner with Bitcoin rewards app sMiles for the effort. IM+ aggregates social networks and messengers such as Telegram, Instagram, Facebook Messenger, and Slack,

Citibank Predicts Bitcoin Price Could Surpass $300,000 by End of 2021
Citibank Predicts Bitcoin Price Could Surpass $300,000 by End of 2021
News  •  Bitcoin  •  Nov 15, 2020 by Nick Chong

Wall Street is becoming increasingly bullish on Bitcoin. This much was made clear just recently when an analyst at Citibank, Tom Fitzpatrick, signaled his belief that Bitcoin will hit $300,000 in this market cycle. Alex Krüger, an economist closely tracking the cryptocurrency market, leaked the analyst's note

BlackRock Executive Says Bitcoin to Take Place of Gold "to a Large Extent"
BlackRock Executive Says Bitcoin to Take Place of Gold "to a Large Extent"

The world's largest asset manager has taken notice of Bitcoin. Rick Rieder, CIO of Fixed Income at multi-trillion asset manager BlackRock, on Friday spoke about Bitcoin on CNBC's Squawk Box, stating "Bitcoin is here to stay." When asked about Bitcoin's recent price

News  •  Bitcoin  •  Nov 19, 2020
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BlackRock Executive Says Bitcoin to Take Place of Gold "to a Large Extent"
BlackRock Executive Says Bitcoin to Take Place of Gold "to a Large Extent"

The world's largest asset manager has taken notice of Bitcoin. Rick Rieder, CIO of Fixed Income at multi-trillion asset manager BlackRock, on Friday spoke about Bitcoin on CNBC's Squawk Box, stating "Bitcoin is here to stay." When asked about Bitcoin's recent price

News  •  Bitcoin  •  Nov 19, 2020
This Messaging App Pays Lightning-Powered Bitcoin Rewards
This Messaging App Pays Lightning-Powered Bitcoin Rewards

Messaging app and aggregator IM+ app has integrated the Lightning Network as part of its services, as per a release shared with the BTC Times. It will partner with Bitcoin rewards app sMiles for the effort. IM+ aggregates social networks and messengers such as Telegram, Instagram, Facebook Messenger, and Slack,

News  •  Bitcoin  •  Nov 18, 2020
Citibank Predicts Bitcoin Price Could Surpass $300,000 by End of 2021
Citibank Predicts Bitcoin Price Could Surpass $300,000 by End of 2021

Wall Street is becoming increasingly bullish on Bitcoin. This much was made clear just recently when an analyst at Citibank, Tom Fitzpatrick, signaled his belief that Bitcoin will hit $300,000 in this market cycle. Alex Krüger, an economist closely tracking the cryptocurrency market, leaked the analyst's note

News  •  Bitcoin  •  Nov 15, 2020
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
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