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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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Most of the New Bitcoin Millionaires are the First Miners

Most of the New Bitcoin Millionaires are the First Miners

Posted by By Vince Saboti December 20, 2020Posted inBitcoin News
This week's rise in the price of Bitcoin has led to the emergence of many new cryptocurrency millionaires, most of whom, according to research firm Glassnode, are early miners. Bitcoin hit a new…
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Digital Ruble Won't Create Outflow of Money from Banks, Nabiullina Says

Digital Ruble Won’t Create Outflow of Money from Banks, Nabiullina Says

Posted by By Vince Saboti December 19, 2020Posted inBitcoin News
The governor of the Bank of Russia Elvira Nabiullina is convinced that the digital ruble will not affect interest rates on loans and deposits in the Russian Federation and will not lead to an outflow…
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Mati Greenspan: We May See Bitcoin Rise 250% And More

Mati Greenspan: We May See Bitcoin Rise 250% And More

Posted by By Vince Saboti December 19, 2020Posted inBitcoin News
According to the popular analyst and founder of Quantum Economics, Mati Greenspan, Bitcoin's long-term ascent is just beginning. We are at the very beginning of the period of massive entry of investors into…
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