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Tether Operations Limited, the company that powers the largest stablecoin by market capitalization, has announced that it will be launching Tether tokens (“GBPT”) pegged to the British Pound Sterling in early July of 2022. GBPT will be the fourth fiat-currency pegged stablecoin that Tether is offering. Currently, Tether has the
As per the announcement, Cardenas Markets will install a Bitcoin ATM to all of its stores in Arizona, Nevada, and California. The first ATM will be installed in Las Vegas for testing and troubleshooting. Customers will now be able to buy and sell Bitcoin and 40 other cryptocurrencies with cash.
During the market’s recent volatility, a number of companies have experienced liquidity issues because of the sudden downturn in prices across Bitcoin and all other cryptocurrencies. The latest company to halt withdrawals is CoinFLEX, a derivatives exchange that also offers financial services and crypto yield was founded in 2019
News • Business • Jun 24, 2022
During the market’s recent volatility, a number of companies have experienced liquidity issues because of the sudden downturn in prices across Bitcoin and all other cryptocurrencies. The latest company to halt withdrawals is CoinFLEX, a derivatives exchange that also offers financial services and crypto yield was founded in 2019
News • Business • Jun 24, 2022
Tether Operations Limited, the company that powers the largest stablecoin by market capitalization, has announced that it will be launching Tether tokens (“GBPT”) pegged to the British Pound Sterling in early July of 2022. GBPT will be the fourth fiat-currency pegged stablecoin that Tether is offering. Currently, Tether has the
News • Technology • Jun 23, 2022
As per the announcement, Cardenas Markets will install a Bitcoin ATM to all of its stores in Arizona, Nevada, and California. The first ATM will be installed in Las Vegas for testing and troubleshooting. Customers will now be able to buy and sell Bitcoin and 40 other cryptocurrencies with cash.
News • Bitcoin • Jun 23, 2022
Hublot is the newest luxury brand to embrace the Bitcoin ecosystem. The Swiss watchmaker has partnered with BitPay in order to accept Bitcoin and other cryptocurrency payments. The new development comes as part of the promotional campaign for Hublot's limited edition Big Bang Unico release. “Introducing the new
News • Bitcoin • Jun 22, 2022
The governor of Louisiana recently signed a bill allowing financial institutions in Louisiana to have custody of Bitcoin and digital assets on behalf of their customers. Dennis Porter tweeted the finalized bill on June 21st, 2022. Louisiana's new law now allows banks and financial institutions within the state
News • Bitcoin • Jun 22, 2022
ProShares, known to most retail investors for their TradFi ETFs, is now introducing a Bitcoin Short ETF. This comes at a time when Bitcoin has fallen 55% YTD and 30% in the last month, at the time of this writing. The ETF is available through traditional brokerages. This is another
News • Bitcoin • Jun 21, 2022
Deloitte, a Big Four global professional services firm, and NYDIG, an institutional Bitcoin services provider, have announced that they will partner together to integrate Bitcoin into various sized companies. This partnership will bring a blend of Deloitte’s multidisciplinary business consultation services together with the Bitcoin infrastructure that NYDIG offers.
News • Bitcoin • Jun 21, 2022
A group of U.S. Congress members sent a letter to the country’s Environmental Protection Agency (EPA) explaining that Bitcoin’s Proof-of-Work (PoW) mining mechanism benefits the environment despite opposing beliefs. Concerns over the environmental effects caused by PoW mining have been a main priority for critics of the
News • Bitcoin • Jun 17, 2022