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Skybridge Capital, an alternative assets investment fund run by former Goldman Sachs banker and previously White House official Anthony Scaramucci, just revealed its intention to invest in Bitcoin. As first spotted by technology analyst Kevin Rooke, the firm submitted a series of filings to the Securities and Exchange Commission (SEC)
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
As the BTC Times reported, the implementation of the Schnorr/Taproot consensus rules were merged into the Bitcoin Core repository in October. The next step will be to discuss how the upgrade is to be activated on Bitcoin’s mainnet. This discussion is now taking a step forward, with Bitcoin
News - Bitcoin - Nov 16, 2020As the BTC Times reported, the implementation of the Schnorr/Taproot consensus rules were merged into the Bitcoin Core repository in October. The next step will be to discuss how the upgrade is to be activated on Bitcoin’s mainnet. This discussion is now taking a step forward, with Bitcoin
News - Bitcoin - Nov 16, 2020Skybridge Capital, an alternative assets investment fund run by former Goldman Sachs banker and previously White House official Anthony Scaramucci, just revealed its intention to invest in Bitcoin. As first spotted by technology analyst Kevin Rooke, the firm submitted a series of filings to the Securities and Exchange Commission (SEC)
News - Bitcoin - Nov 15, 2020Wall 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, 2020At the Economics of Payments IX conference in November 2018, European Central Bank (ECB) executive board member Benoît Cœuré described Bitcoin as "the evil spawn of the financial crisis." Cœuré's remarks, in unison with Bank of International Settlements (BIS) general manager Agustín Carstens' statement that
News - Bitcoin - Nov 14, 2020Lightning 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, 2020In 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, 2020Ethereum underwent an "unannounced hard fork" today that disallowed firms in the cryptocurrency space from properly servicing their users. Many exchanges and service providers rely on Infura or other API services that did not correctly upgrade their nodes to align with the majority of users. News of this
News - Altcoins - Nov 10, 2020Bitcoin's hash rate faced a strong correction in October. From all-time highs near 160 exahashes per second, the metric dropped by approximately 45% to lows around 90 exahashes per second. As the BTC Times reported previously, analysts believed the drop to be the result of Bitcoin miners in
News - Bitcoin - Nov 09, 2020