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Bank of England Governor Andrew Bailey said on Monday that Bitcoin has little intrinsic value, and that he sees no use for the cryptocurrency as a means of payment or a fiat alternative. “I have to be honest, it is hard to see that Bitcoin has what we tend to
Spanish crypto investors may soon be required by law to disclose their holdings along with any profit gained following newly passed regulation. According to Maria Jesus Montero, the Spanish minister of finance who unveiled the news on Tuesday, crypto disclosure comes as part of a larger legislative package trained at
Under the nose of many in the cryptocurrency space, Stone Ridge Asset Management has accumulated $115 million worth of bitcoin. The $10 billion asset manager confirmed this news to Forbes on October 13th, but did not disclose when exactly the funds were deployed to purchase these coins. Through partially-owned subsidiary
News • Bitcoin • Oct 12, 2020
Under the nose of many in the cryptocurrency space, Stone Ridge Asset Management has accumulated $115 million worth of bitcoin. The $10 billion asset manager confirmed this news to Forbes on October 13th, but did not disclose when exactly the funds were deployed to purchase these coins. Through partially-owned subsidiary
News • Bitcoin • Oct 12, 2020
Spanish crypto investors may soon be required by law to disclose their holdings along with any profit gained following newly passed regulation. According to Maria Jesus Montero, the Spanish minister of finance who unveiled the news on Tuesday, crypto disclosure comes as part of a larger legislative package trained at
News • Bitcoin • Oct 12, 2020
For Bitcoin enthusiasts who don't get seasick, a new unconventional living concept is hitting the high seas: a cruise ship whose inhabitants can pay for their homes, services, and goods in bitcoin. According to the boating publication Maritime Executive, Ocean Builders, a company previously focused on building seasteading
News • Bitcoin • Oct 11, 2020
Within an open letter to global tech companies, the governments of seven countries demanded a paradoxical request: to put a stop to end-to-end encryption while upholding user privacy. The pleas, emerging from the UK, the U.S., New Zealand, Canada, India, Japan, and Australia, came in an apparent effort to
News • Politics • Oct 11, 2020
While it's unclear if Tesla is looking to get involved in Bitcoin at a corporate level, Tesla employees can apparently dollar-cost average into the leading cryptocurrency at Bitcoin automated teller machines (ATM) inside its first Gigafactory. Will Reeves, CEO of payments app Fold, noted on October 10th that
News • Bitcoin • Oct 10, 2020
The number of bitcoin on cryptocurrency exchanges has been rapidly declining, indicating a significant drop in selling pressure. Bitcoin reserves of exchanges often indicate whether there is selling pressure as bitcoin holders typically deposit to exchanges to sell their holdings. When Bitcoin exchange reserves substantially drop over an extended period
News • Bitcoin • Oct 10, 2020
Samuel Reed, the former Chief Technology Officer and co-founder of Bitcoin derivatives exchange BitMEX, was released after a $5 million appearance bond had been approved by U.S. courts last week, according to court documents. Reed was required to pay a $500,000 security on the unsecured bond, the document
News • Bitcoin • Oct 09, 2020