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Likely to nobody's surprise, the European Central Bank's (ECB) research on the concept of a central bank digital currency (CBDC) has now reached its next step: the official launch of a digital euro project. In November last year, the ECB had initially launched a public survey
Another multi-trillion asset manager has entered the Bitcoin game: Capital International Investors, a division of Capital Group, which itself is an investment firm with over $2.3 trillion in assets under management, has purchased 953,242 shares in business intelligence firm MicroStrategy, according to an SEC filing released last week.
Illiquidity could place a “significant limitation" on Bitcoin's use as a medium of exchange in El Salvador, according to analysts from J.P. Morgan. The banking behemoth's report was released last Thursday and reported on by Bloomberg on Sunday. It references El Salvador's
News • Bitcoin • Jul 14, 2021
Illiquidity could place a “significant limitation" on Bitcoin's use as a medium of exchange in El Salvador, according to analysts from J.P. Morgan. The banking behemoth's report was released last Thursday and reported on by Bloomberg on Sunday. It references El Salvador's
News • Bitcoin • Jul 14, 2021
Likely to nobody's surprise, the European Central Bank's (ECB) research on the concept of a central bank digital currency (CBDC) has now reached its next step: the official launch of a digital euro project. In November last year, the ECB had initially launched a public survey
News • Economy • Jul 13, 2021
Another multi-trillion asset manager has entered the Bitcoin game: Capital International Investors, a division of Capital Group, which itself is an investment firm with over $2.3 trillion in assets under management, has purchased 953,242 shares in business intelligence firm MicroStrategy, according to an SEC filing released last week.
News • Business • Jul 13, 2021
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
News • Bitcoin • Jul 12, 2021
Bitcoin miner HIVE Blockchain Technologies has added 3,019 new MicroBT WhatsMiner M30S machines to its fleet. The new additions will boost HIVE's hash rate by around 46%, the company said in an announcement on Monday. The high-performance machines have an aggregate hash rate of 264 petahashes per
News • Business • Jul 11, 2021
Circle seeks to go public via a merger with a special purpose acquisition company (SPAC) that would place its valuation at $4.5 billion. The news became public on Thursday, when Circle announced the planned merger with Concord Acquisition Corp., making the firm the latest in a list of cryptocurrency
News • Business • Jul 09, 2021
German neobank N26 is working to enable Bitcoin and other cyptocurrency purchases for its seven million customers by the end of the year. The move comes although N26 co-founder Valentin Stalf is not exactly a Bitcoin fan, as German finance magazine Finance FWD reports. However, "the customers want crypto,
News • Business • Jul 07, 2021
Bitcoin privacy wallet Wasabi has set out on a mission to make Bitcoin privacy more user-friendly. As the BTC Times reported last year, the developers behind Wasabi seek to make certain privacy best practices "effortless" — the pursuit tackles what some see as a major pain point in the
News • Business • Jul 06, 2021