bitcoin

31

Oct

Dallas Mavericks fan wins $100k in Bitcoin at NBA shootout event

Isaiah Stone won $100,000 worth of Bitcoin in a Voyager Digital-sponsored NBA shootout event. A Dallas Mavericks fan won $100,000 in Bitcoin (BTC) after making a series of shots in a National Basketball Association (NBA) shootout event sponsored by crypto brokerage firm Voyager Digital.  Isaiah Stone, the winner of the basketball shootout, completed all stages of the[…]

crypto

30

Oct

US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation

The conversation occurred at a banking committee meeting with Consumer Protections director Rohit Chopra. U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a banking committee hearing, saying “I just want to make certain[…]

putin

30

Oct

Russian crypto market worth $500B despite bad regulation, says exec

Many crypto exchanges with Russian roots have fled the country or operate illegally, Blockchain Life’s founder said. The Russian cryptocurrency market has grown to hundreds of billions of dollars despite the absence of sufficient cryptocurrency regulation, according to a major industry executive. Sergei Khitrov, founder of the Russian cryptocurrency event Blockchain Life and Listing. Help, gave a[…]

etf

30

Oct

Biggest Bitcoin fund in the world could become ETF by July 2022

Filing to convert GBTC now is “perfect timing,” the company’s ETF head argues, but concerns remain over the overall strength of the industry. Grayscale could launch its Bitcoin (BTC) exchange-traded fund (ETF) as soon as July 2022, one of its executives has said. Speaking at a virtual event organized by MarketWatch on Oct. 27, Grayscale global head of ETFs[…]

BTC Chart

29

Oct

Immersive cooling tech could help Bitcoin mining go green by 2030

Immersive cooling technology helps to increase  hash rates and minimize energy output. Immersive cooling technology may help with the transition to zero-emission Bitcoin (BTC) mining, said by Hass McCook, a member of the Bitcoin Mining Council (BMC). McCook, known online as Friar Hass, believes the industry is on track to have hit the goal by 2030. Immersive[…]

Facebook

28

Oct

Privacy or policy? Why Facebook’s crypto wallet, Novi, is facing resistance

Facebook’s Novi wallet lets users send and receive a dollar-pegged stablecoin, but not hold it. The stablecoin market has grown exponentially over the last few months due to the numerous advantages blockchain-based versions of fiat currencies have. But, when Facebook launched its cryptocurrency wallet Novi using Paxos’ stablecoin, some United States senators were quick to oppose it. Are they[…]

twitter-bird-logo

28

Oct

Twitter CEO Jack Dorsey reiterates a positive outlook on Bitcoin tipping during earnings call

Dorsey suggested that the new initiative is incentivizing content creation and cryptocurrency adoption alike. Back in September, Twitter became the first major social media platform to adopt Bitcoin (BTC) tipping, enabling users to send BTC directly to their favorite content creators through the site’s native frontend. The company also allowed users to send their BTC over the[…]

bitcoin

28

Oct

Dubai finance watchdog approves listing of Bitcoin fund

The Dubai Financial Services Authority (DFSA) is establishing itself as an innovative regulator for the region by focusing on fintech and innovative technology. The Bitcoin Fund (QBTCu.TO), a closed-end investment vehicle based in Canada, has received regulatory approval from the Dubai Financial Services Authority (DFSA). The fund debuted on Nasdaq on June 23, 2021, and became the[…]

usd/btc

27

Oct

GBTC delivered better returns than Bitcoin ETFs last week

Grayscale’s flagship Bitcoin fund had no competition from the newly launched ETF products in their first seven days, figures show. Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed the newly launched exchange-traded funds (ETF) last week, data shows. Figures shared by Grayscale executives among others confirm that GBTC has quietly delivered better investor returns since[…]