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About Vince Saboti

Investments in Cryptocurrency Companies in 2020 Exceeded $3 Billion

Investments in Cryptocurrency Companies in 2020 Exceeded $3 Billion

Posted by By Vince Saboti December 25, 2020Posted inBitcoin News
According to analysts from The Block, despite the COVID-19 pandemic, 2020 has been a very successful year in terms of investment in cryptocurrency companies. This year, about $3.1 billion was invested in firms working…
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Cryptocurrency Companies Start Restricting XRP Operations

Cryptocurrency Companies Start Restricting XRP Operations

Posted by By Vince Saboti December 24, 2020Posted inBitcoin News
Immediately two large market makers Galaxy Digital and Jump Trading, as well as the payment company Simplex, announced the suspension of work with XRP and the blocking of transactions with this crypto asset. This…
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SEC to Sues Ripple for Unregistered Sale of Securities

SEC to Sues Ripple for Unregistered Sale of Securities

Posted by By Vince Saboti December 24, 2020Posted inBitcoin News
According to Fortune, the SEC will sue Ripple for selling unregistered securities in the form of the well-known XRP tokens. In this regard, Ripple CEO Brad Garlinghouse answered with the following message on…
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MicroStrategy Has Invested Over $1 Billion in Bitcoin

MicroStrategy Has Invested Over $1 Billion in Bitcoin

Posted by By Vince Saboti December 23, 2020Posted inBitcoin News
The company announced the completion of the last stage of buying the first cryptocurrency, now it owns almost 70.5 thousand Bitcoins. MicroStrategy has completed its Bitcoin purchase in line with its reserve asset…
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Testing of the Digital Euro Begins in Italy

Testing of the Digital Euro Begins in Italy

Posted by By Vince Saboti December 23, 2020Posted inBitcoin News
An experimental project with digital euro was initiated in Italy. About this, the Italian Banking Association (ABI), which implements the project jointly with the ABI Lab Research Centre. The purpose of the organization is…
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JPMorgan: "Bitcoin Price Could Reach $650,000"

JPMorgan: “Bitcoin Price Could Reach $650,000”

Posted by By Vince Saboti December 22, 2020Posted inBitcoin News
Analysts at the large investment bank JPMorgan in a regular report said that the rate of the first cryptocurrency could eventually reach $650,000. The report highlights that Bitcoin has benefited from the global…
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Book with All Correspondence of Satoshi Nakamoto Published in the US

Book with All Correspondence of Satoshi Nakamoto Published in the US

Posted by By Vince Saboti December 22, 2020Posted inBitcoin News
Mill Hill Books has released Kicking the Hornet's Nest, which contains all of Satoshi Nakamoto's emails, forum posts, and other entries in chronological order. The 340-page book, according to the publisher, includes all…
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Goldman Sachs: "Bitcoin is Not a Threat to The Gold Market"

Goldman Sachs: “Bitcoin is Not a Threat to The Gold Market”

Posted by By Vince Saboti December 21, 2020Posted inBitcoin News
Despite Bitcoin's reputation as a digital contender to gold, analysts at investment bank Goldman Sachs believe Bitcoin has little impact on the gold market. “Gold's performance hasn't been impressive lately, and some investors…
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The US Will be Verifying the Identity of Crypto Wallet Holders

The US Will be Verifying the Identity of Crypto Wallet Holders

Posted by By Vince Saboti December 21, 2020Posted inBitcoin News
The Financial Crimes Enforcement Network of the USA (FinCEN) has published regulations that introduce new accounting and reporting requirements for banking institutions and payment operators working with "autonomous or otherwise unregulated wallets." With the…
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More Than 10% of Bitcoins Haven't Been Moved in 10 Years

More Than 10% of Bitcoins Haven’t Been Moved in 10 Years

Posted by By Vince Saboti December 20, 2020Posted inBitcoin News
According to research firm Glassnode, roughly one in ten Bitcoins has not moved for 10 years or more. The platform data shows that as of December 17, 1,857,721 Bitcoins have not moved in over…
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