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China is Developing a Biometric Hardware Wallet for Digital Yuan

China is Developing a Biometric Hardware Wallet for Digital Yuan

Posted by By Vince Saboti February 18, 2021Posted inBitcoin News
Large-scale testing of the digital yuan in China continues to gain traction, with some financial institutions joining the process and spearheading the creation of hardware digital wallets for the forthcoming central bank digital currency.…
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BTC Surges After Breaking the Psychological $50,000 Mark

BTC Surges After Breaking the Psychological $50,000 Mark

Posted by By Vince Saboti February 18, 2021Posted inBitcoin News
Bitcoin rose above $52,000 on Wednesday evening, reaching a market cap of almost $1 trillion. BTC exchanges at around $52,311.79 as of 22:00 UTC. Gaining 7.27% over the last 24 hours. BTC’s 24-hour…
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MicroStrategy is Looking for Another $600 Million to Buy Bitcoins

MicroStrategy is Looking for Another $600 Million to Buy Bitcoins

Posted by By Vince Saboti February 17, 2021Posted inBitcoin News
Public company MicroStrategy, one of the first to invest heavily in Bitcoin, announced a project to raise an extra $600 million to buy more digital currency. In a February 16 press release, MicroStrategy…
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Ripple and the SEC Failed to Reach an Agreement on Pre-trial Settlement

Ripple and the SEC Failed to Reach an Agreement on Pre-trial Settlement

Posted by By Vince Saboti February 17, 2021Posted inBitcoin News
Representatives of the Securities and Exchange Commission and Ripple did not see an opportunity to settle the dispute before the court during the latest negotiations. They informed about this in a joint letter…
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Miners Earned $354 Million in a Week and Broke the 2017 Record

Miners Earned $354 Million in a Week and Broke the 2017 Record

Posted by By Vince Saboti February 16, 2021Posted inBitcoin News
BTC mining brought a record revenue amid the rise in the price of the first cryptocurrency to a historical ceiling of $49.7 thousand. Over the past week, Bitcoin miners gained $354.4 million, which…
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Morgan Stanley is Considering Investing in Bitcoin

Morgan Stanley is Considering Investing in Bitcoin

Posted by By Vince Saboti February 16, 2021Posted inBitcoin News
American investment bank mastodont Morgan Stanley has become the next major financial institution to be contemplating investing in Bitcoin. This was revealed by Bloomberg. Citing "people informed regarding the matter," Bloomberg claims that…
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Miami Completely Endorses as a Payment Method

Miami Completely Endorses Bitcoin as a Payment Method

Posted by By Vince Saboti February 15, 2021Posted inBitcoin News
The American city of Miami is about to incorporate Bitcoin as a method of payment. The Miami City Commission voted to endorse the initiative of Mayor Francis Suarez and accept Bitcoin to be used…
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Jeb McCaleb Has Traded Away 140 Million XRP Tokens

Jeb McCaleb Has Traded Away 140 Million XRP Tokens

Posted by By Vince Saboti February 14, 2021Posted inBitcoin News
Over the last week, former CTO and co-founder of Ripple Labs, Jed McCaleb, has traded away 140 million XRP from his so-called “tacostand” wallet worth roughly $69.3 million. According to news outlet XRPscan, McCaleb…
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Amazon Unveils Cryptocurrency Payment Service Project

Amazon Unveils Cryptocurrency Payment Service Project

Posted by By Vince Saboti February 13, 2021Posted inBitcoin News
American giant Amazon is developing an innovative service that will allow its customers to conduct purchases in digital currency. This is acknowledged in а vacancy position announcement of the company. The corporation is…
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PayPal Aims to Become a CBDC Distributor

PayPal Aims to Become a CBDC Distributor

Posted by By Vince Saboti February 12, 2021Posted inBitcoin News
PayPal could play the role in relation to central bank digital currencies that private banks play to physical dollars. The corporation’s CEO, Dan Schulman, set out a concept during its so-called investor day…
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