Bitcoin News

Finding a trustworthy provider, and certainty when it comes to fees, can be tricky. Just like businesses with decades of trading experience gain the trust of shoppers, crypto brands that have been around since the early days of Bitcoin achieve credibility — establishing a track record for delivering dependable service. Increasing numbers of large companies
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Since 2013 the Grayscale Bitcoin Trust Fund (GBTC) has offered its investors exposure to Bitcoin (BTC) through a publicly quoted private instrument. However, the trust’s convertibility and liquidity vastly differ from an Exchange Traded Fund (ETF). Trusts are structured as companies, at least in regulatory form, and are ‘closed-end funds’ which can initially only be
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Another day, another spike in Bitcoin (BTC) leaving major exchange Coinbase as funds pour into the largest cryptocurrency. Data from on-chain monitoring resource Glassnode showed 12,354 BTC ($694 million) being withdrawn from the Coinbase order book in a single hour on May 7. Coinbase sees another BTC balance squeeze As the largest exchange in the
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Andrew Bailey, governor of the Bank of England has warned crypto investors of the dangers of participating in the market. Speaking during a conference on Thursday, Bailey balked at the notion of “cryptocurrencies,” stating that “crypto assets” was a more suitable nomenclature for describing virtual currencies. The BoE governor espoused well-worn anti-crypto rhetoric, specifically the
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IndiaTech.org, an industry association representing India’s consumer internet startups and investors, is backing wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto-assets and crypto exchanges in India. The proposed framework suggests to define cryptocurrencies like Bitcoin (BTC) as
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During PayPal’s Quarter 1 2021 investor update call, president and CEO, Dan Schulman said digital assets had performed strongly for the company and that he believes crypto and central bank digital currencies will be a driving force in forging “a more equitable financial system.” Following the success of PayPal’s move to embrace crypto assets, much
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Bitcoin (BTC) miners collected $60 million on a thirty-day average timeframe as of May 5, showing the first signs of recovery after last month’s severe revenue drop that followed mass miner outages in China’s energy-rich provinces. In April, coal mining accidents and subsequent inspections in Xinjiang lacerated energy supply to the regional cryptocurrency mining industry.
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Betterment, a major financial advisory company providing robo-advising and cash management services, has not yet decided whether it will introduce cryptocurrencies to its platform. Betterment is still researching a potential expansion of its services to inclue digital assets like Bitcoin (BTC), CEO Sarah Levy said. “We’re believers that if we can provide the right kind
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