Gary Gensler, the new head of the Securities and Exchange Commission, acknowledged bitcoin as a scarce but highly volatile store of value, calling for more inclusive investor protection by adding more regulations and updating seemingly old rules. SEC Chairman Gary Gensler said on CNBC’s “Squawk Box” that he sees bitcoin as a “scarce store of value,” different from other “crypto […]

There’s been an ongoing debate about the most valuable asset and Bitcoin and gold continue to top the conversation, with both assets having supporters that claim one is superior to the other. Over the years, statistics have shown how Bitcoin continues to disbar gold, and even to date, Bitcoin is arguably a better asset as far as portability is concerned. […]

CNBC recently reported that more American banks will be adopting Bitcoin, allowing their customers to buy, sell, and HODL through their bank accounts. This is according to Cryptocurrency custody firm NYDIG, whose recent partnership with Fidelity National information services could merge banks and Bitcoin into one space. Interestingly, in the same manner that U.S banks are adopting Bitcoin, banks from […]

Recently, pseudo-anonymous on-chain crypto analyst “Dilution-proof” used data from crypto analytics startups CryptoQuant and Glassnode to show that despite Bitcoin’s recent price corrections, there is still strong demand for Bitcoin. He started by saying that what was even more bullish than the Bitcoin price bouncing back at the end of last month was that that “this rise was accompanied by […]

Popular crypto trader and market analyst Michaël van de Poppe believes that Bitcoin will go above $250,000 before the end of the current bull cycle. During a YouTube video for his YouTube channel that was published on May 1, Van de Poppe said that he was bullish on Bitcoin in the short term and pushed back on the notion of […]

For the first time in eight years, more hash rate was channeled from outside of China, the operator of one of the world’s oldest Bitcoin mining pool, F2Pool, notes as per a tweet on May 4. Bitcoin Hash Rate: The Shift in Distribution Bitcoin’s autonomy is because miners willingly channel computing power using expensive and scarce mining gear. Mining equipment […]

Most people in the cryptocurrency space have perhaps heard of the Lightning Network at one point or the other. For many, the Lightning Network represents a convenient and safe way to interact with bitcoin and the wider crypto space.  However, it seems the Lightning Network might have some competition on its hands in form of the RSK Network, which is […]

eBay, one of the world’s biggest e-commerce store with more than $10 billion in yearly revenue, is looking to add crypto payments and NFTs. eBay’s CEO Jamie Iannone said in a CNBC interview the company is looking at payment options including cryptocurrency. Iannone also said the company is exploring opportunities on how to enable NFT sales on the eBay platform. […]