Grayscale Investments Purchases $240M Worth of Bitcoin Again
Grayscale investments is an organization that manages cryptocurrency investment funds. Being a subsidiary of Digital Currency Group, the institute has been making many news headlines about its purchases of Bitcoin recently. The company’s largest trust, Grayscale Bitcoin Trust (GBTC), created in 2013, now manages more…
PayPal Users Now Can Start Trading in Cryptocurrencies
PayPal – the payment platform announced that they are now ready to provide its users with trading Bitcoin. The U.S. users now no longer have to wait and start paying for products and services in cryptocurrencies from their Paypal accounts. The platform also increased its limits…
Biden Victory to Move Price of Bitcoin to $400k – Max Keiser
Joseph R. Biden Jr. addressed the nation from Wilmington, Del. for the first time on Saturday night as the President-elect. Biden, delivering a message of unity, joined his running mate, Senator Kamala Harris, in addressing the nation. Max Keiser, the host of RT’s Keiser Report,…
Bitcoin Price to Reach $20K in 2020 & $398K by 2030? – Crypto Research Report Predicts
The suspenseful US presidential election is nearing its peak, with Democrat Joe Biden reaching closer to the needed 270 votes, passing the lead over President Trump. While all the action is happening in the political world, Bitcoin is experiencing a massive rally. The world’s first…
Silk Road Linked Wallet Moves $1B in Bitcoin
Blockchain intelligence firm Elliptic says that a wallet possibly belonging to the early darknet market “Silk Road” moved close to US$1 billion worth of bitcoins on Wednesday. Ross Ulbricht sentenced to a double life sentence on February 4th, 2015, as the creator and operator of…
SEC Makes Crowdfunding Easier for Crypto Startups
The US Securities and Exchange Commission (SEC) announced today that they are raising crowdfunding limitations from the present limit of US$1.07 million to US$5 million. The new change will take place as a part of a package of amendments to its exemption offering framework allowing…
Gazprombank to Offer Bitcoin Services and Custody – Switzerland Approves
A subsidiary of Russia’s third-largest bank, Zurich-based Gazprombank, has received the approval of Switzerland’s financial regulator to offer Cryptocurrency and Bitcoin services to its clients. The bank now offers services including trading, buying, selling, and custodian services for Bitcoin. Cryptocurrency and Bitcoin Services Gazprombank (Switzerland)…
New Iranian Legislation to Fund Its Imports by Bitcoin
With the U.S.’s withdrawal from the nuclear deal with Iran in May 2018, reinstating economic sanctions, the economy of Iran faced an ongoing recession. The country’s national currency, the Rial lost close to half of its value against the U.S. dollar. Many Iranians now look…
PayPal ‘s launch on Crypto Services from Investor’s Eyes – ‘Bitcoin is No Longer Optional’
PayPal Holdings Inc announced a few days ago it would allow its clients to hold Bitcoin and other cryptocurrencies in its online wallet. The customers can use their crypto to shop online at the 25 million merchants on PayPal’s network. Many Bitcoin and Crypto users…
Room 77 – World’s First Bar to Accept Bitcoins Closes
Room 77 – German Restaurant & retail venture to first accept Bitcoins and cryptocurrencies closing its doors for business. Close to a decade, the restaurant situated in Berlin became a landmark for the crypto society. The owners did not mention any specific reason for the…
