Kiklabb, an entity owned by the government of Dubai to issue free zone and onshore licenses, has began accepting bitcoin, ethereum and tether for the payment of fees. “We’ve seen growing interest in cryptocurrency, with several customers in the blockchain and fintech sectors part of the Kiklabb community. So it really was just a matter of time before we recognised […]

Bitcoin achieved yet another record high in a price rally that has already seen it surging by more than 1,100 percent from its March lows last year. Incidentally, gold, which many consider Bitcoin’s top safe-haven rival, painted a death cross pattern on its daily chart. A recent run-up in the long-dated Treasury yields, prompted by a sell-off in the US […]

Microsoft’s president Brad Smith has revealed the tech giant is not planning on making a large Tesla-like investment in the flagship cryptocurrency bitcoin, even though the firm has been supporting bitcoin payments for years. During an interview with CNN’s Julia Chatterley, Smith refuted assumptions Microsoft could be next in making a large investment in cryptocurrency, pointing out he has not […]

This article provides an update (as of 08:00 UTC on 17 February 2021) on the current state of the Bitcoin markets, as well on the latest thinking on Bitcoin by influential crypto analysts, investors, traders, and other thought leaders. On Wednesday (February 17), the day after Michael Saylor, CEO of MicroStrategy Inc. said that his Nasdaq-listed software firm plans to […]

NYDIG –a Bitcoin-focused firm providing crypto services to financial institutions, has submitted S-1 documents with the U.S. Securities and Exchange Commission (SEC) for a Bitcoin Exchange-Traded Fund (ETF) as per details on Feb 16. A long list of Bitcoin ETF Applicants They now join a long list of firms, including institutional service providers who have expressed their desire to list […]

Bitcoin price is trading at nearly $50,000 per coin and on-chain activity is soaring. The recent bull trend and surging interest surrounding the cryptocurrency has allowed miners to surpass over $50 million in revenue in a single day generated. Here’s how rising Bitcoin prices combined with spiking transaction fees have made mining BTC a particularly lucrative venture. Daily Bitcoin Miner […]

Recently, Ari Paul, Chief Investment Officer (CIO) and Managing Partner at crypto investment firm BlockTower Capital, shared his latest thoughts on Bitcoin. BlockTower, a leading crypto hedge fund based in Stamford, Connecticut, was founded in August 2017 by Matthew Goetz, a former vice president at Goldman Sachs (where he spent eleven years), and Ari Paul, a former risk specialist and portfolio manager at the […]

A newly published report suggests that while long-term bitcoin holders are starting to take profits as the price of the flagship cryptocurrency keeps rising past new milestones, bitcoin miners are now accumulating coins. On-chain analytics firm Glassnode has revealed that miner outflows have dried up so far this month, at a time in which long-term investors have started to dump […]

Bitcoin briefly surged above $50,000 on Tuesday after MicroStrategy announced that it would offer $600 million worth of convertible senior unsecured notes expiring on February 15, 2027, to purchase more of the flagship cryptocurrency. “MicroStrategy also expects to grant to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date […]