The congressional hearing hilariously titled “America on ‘FIRE:’ Will the Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?” is the gift that keeps on giving. NewsBTC already analyzed some aspects of it, but Peter Van Valkenburgh’s testimony merits an article on its own. The Director of Research at Coin Center got several important ideas on the […]
Read more
ICAP, part of TP ICAP Group, a leading global markets infrastructure and data solutions provider, today announced that the company has released SpotMatch, a brand new fully automated and advanced Spot FX matching platform. According to an official announcement, ICAP is planning to meet the growing demand from clients for a cost-effective eMatching solution through the latest launch. SpotMatch will […]
Read more
Cryptocurrencies remain extremely volatile. Bitcoin is consistently on track for topping their biggest monthly increase and decline. It faced one of their record-highs of 37.5% decline just this May 2021, and frequently sees drops like 37% drop seen in November 2018 and 40% slide in September 2011. Most recently, the price of bitcoin climbed to $34,805.19 Monday 28th June 2021, […]
Read moreBeijing subway has officially launched a new program that allows passengers to pay for rides with the central bank digital currency (CBDC) also known as the digital yuan. The news follows the subway system in East China’s Jiangsu province in the city of Suzhou which also allows digital yuan payments for subway fares. Digital Yuan Can Now Be Used to […]
Read more
What led to the creation of TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC: TAALF), Bitcoin’s lead transaction processor? On Bitstocks Podcast Ep. 49 part 2, we learn the answer to that question. “The CEO [of Squire Mining] had been in Zurich and he was raising 4 million dollars Canadian as a private placement. He still had 1.5 to 2 million […]
Read more
Bitcoin saw immense volatility in the last six weeks as the price dipped from nearly $60,000 on 12 May to as low as $29,000 on 22 June. The exchange supply ratio of Bitcoin, which is one of the most important indicators of the overall BTC network activity, dropped substantially in the last few weeks. According to Santiment, crypto analytics and […]
Read moreA U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy,” he said. Rep. Bill Foster Stresses the Need for Law to Allow the Government […]
Read more
Entrepreneurs Joe DePinto and Dan Wagner have created a unique use for microtransactions through Haste, an online games arcade with what they call Instant Leaderboard Payout or ILP games. The idea is that the top players in a game at any time receive payouts from the small entry fees paid by the rest of the players. Everyone’s trying to get […]
Read more
Soros Fund Management, the private investment firm of billionaire George Soros, is reportedly trading Bitcoin (BTC) as part of a broader exploration of digital assets, according to financial news website TheStreet. People familiar with the matter told author Michael Bodley that Dawn Fitzpatrick, the chief investment officer for Soros Fund Management, gave the green light to trade Bitcoin and possibly […]
Read more