Bitcoin

‘Deflationary’ Eth2 could flip Bitcoin: Messari analyst

Ryan Watkins, a senior research analyst at crypto analysis firm Messari, has speculated that Ethereum could overtake Bitcoin as the largest crypto asset once its Eth2 and Proof-of-Stake overhaul is complete. Appearing on Youtube show ‘FinTech Today’ on March 18, Watkins noted that while he does not know “if or when” Ethereum will flip Bitcoin, […]

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‘Deflationary’ Eth2 could flip Bitcoin: Messari analyst

Ryan Watkins, a senior research analyst at crypto analysis firm Messari, has speculated that Ether (ETH) could overtake Bitcoin (BTC) as the largest crypto asset once its Eth2 and proof-of-stake overhaul is complete. Appearing on YouTube show FinTech Today on March 18, Watkins noted that while he does not know “if or when” Ether will […]

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Pakistani province to pilot crypto mining farms

The Pakistani province of Khyber Pakhtunkhwa, or KP, has formed a federal committee to create a new cryptocurrency policy including government-backed crypto mining. As part of the new policy, the KP Crypto Advisory Committee has already decided to pilot two hydroelectric-powered crypto mining farms, a minister overseeing the policy told Reuters. The committee held its […]

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Pakistani province to pilot crypto mining farms

The Pakistani province of Khyber Pakhtunkhwa, or KP, has formed a federal committee to create a new cryptocurrency policy including government-backed crypto mining. As part of the new policy, the KP Crypto Advisory Committee has already decided to pilot two hydroelectric-powered crypto mining farms, a minister overseeing the policy told Reuters. The committee held its […]

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Fireblocks crypto startup raises $133M in funding round with BNY Mellon

Cryptocurrency startup Fireblocks has raised $133 million in a Series C funding round. The investment round was led by venture capital firms Coatue, Ribbit and Stripes, with strategic investment from BNY Mellon and Silicon Valley Bank. Michael Shaulov, CEO of Fireblocks, said the cash injection will allow the company to expand the settlement infrastructure needed […]

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Would a US wealth tax push millionaires to Bitcoin adoption?

Levying a progressive tax on the ultra-wealthy has been a talking point long popular with many United States Democrats, yet such a policy would have been unimaginable under a Republican administration and a split Congress. Now that the Democratic Party is back in control of both the White House and Capitol Hill, the initiative is […]

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Stocks of Bitcoin: JPMorgan offers BTC exposure, an ETF in sheep’s clothing

Cryptocurrency adoption has been penetrating the mainstream at an exponential rate. While most investors are going straight into buying the likes of Bitcoin (BTC) and Ether (ETH), a few skeptical investors want to invest in the cryptocurrency economy without exposure to tokens’ volatility directly. This volatility is evident in the recent all-time high Bitcoin of […]

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Messari CEO thinks a fresh wave of crypto regulation could be imminent

Regulators may see crypto’s recent growth as a problem, according to Messari CEO and founder Ryan Selkis. “I’ve never been more bullish on crypto but I think everyone might be mispricing global regulatory risk,” Selkis tweeted on Thursday, adding: “When crypto looks like a toy, it’s not a threat. When stablecoins hit PayPal volumes and […]

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Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says

According to Dan Held, growth lead at Kraken, Bitcoin is currently experiencing a supercycle that could propel it all the way to $1 million. In Held’s view, this market cycle is fundamentally different from previous ones. “This is one in a hundred year moment”, he said, mentioning the coronavirus crisis, growing distrust in financial institutions […]

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Germany’s financial regulator issues retail crypto investment warning

Germany’s Federal Financial Supervisory Authority, or BaFin, has warned investors about the risks involved in cryptocurrency investments. In a consumer protection alert issued on its website on Friday, the regulator offered a cautionary tale about crypto involvement on the part of retail investors. As part of its statement, BaFin echoed similar admonitions espoused by several […]

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