Hundreds of U.S. banks will allow their retail customers to hold and trade Bitcoin in 2021 after Stone Ridge’s crypto-focused subsidiary, NYDIG, inked a partnership with Jacksonville-based payment solutions provider Fidelity National Information Services (FIS), CNBC reports. Patrick Sells, head of NYDIG’s banking solutions, claims that the move will make it easier for ordinary Americans, as well as corporations, to get […]
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The United States District Court for the Northern District of California has given the green light to the Internal Revenue Service to obtain the identities of taxpayers who have used popular cryptocurrency exchange Kraken with the help of a John Doe summons. The government agency is seeking information about users whose total transaction volume […]
The United States District Court for the Northern District of California has given the green light to the Internal Revenue Service to obtain the identities of taxpayers who have used popular cryptocurrency exchange Kraken with the help of a John Doe summons. The government agency is seeking information about users whose total transaction volume […]
Metromile, a pay-per-mile insurance company, announced Thursday that it will allow its customers to pay for premiums in Bitcoin. The San Francisco-headquartered insurer will also let policyholders receive crypto for their claims. In addition, it’s going to buy $10 million worth of BTC this quarter. Shares of Metromile are trading on the Nasdaq stock exchange after it went […]
Metromile, a pay-per-mile insurance company, announced Thursday that it will allow its customers to pay for premiums in Bitcoin. The San Francisco-headquartered insurer will also let policyholders receive crypto for their claims. In addition, it’s going to buy $10 million worth of BTC this quarter. Shares of Metromile are trading on the Nasdaq stock exchange after it went […]
Long-term Bitcoin holders are accumulating Bitcoin again, Glassnode founders Jan Happel and Jann Allemann have tweeted, sharing a chart showing financial institutions grabbing Bitcoin for long-term keeping. Another tweet from Glassnode shows that ETH transfer volume to/from crypto exchanges is showing a sharp decline. Long-term holders start accumulating Bitcoin A chart shared on the Twitter profile of the […]
Long-term Bitcoin holders are accumulating Bitcoin again, Glassnode founders Jan Happel and Jann Allemann have tweeted, sharing a chart showing financial institutions grabbing Bitcoin for long-term keeping. Another tweet from Glassnode shows that ETH transfer volume to/from crypto exchanges is showing a sharp decline. Long-term holders start accumulating Bitcoin A chart shared on the Twitter profile of the […]
Bank of England Governor Andrew Bailey said Thursday that those who buy into the cryptocurrency craze should be ready to lose all their money during an online press conference: Buy them only if you’re prepared to lose all your money. Bailey once again mentioned that the new asset class had no intrinsic value, but he […]
Bank of England Governor Andrew Bailey said Thursday that those who buy into the cryptocurrency craze should be ready to lose all their money during an online press conference: Buy them only if you’re prepared to lose all your money. Bailey once again mentioned that the new asset class had no intrinsic value, but he […]
Veteran commodity trader Peter Brandt opined that Bitcoin could end up being the next Yahoo or MySpace in a recent tweet. Brandt believes that newer tech could essentially relegate the “apex predator” of crypto to the sidelines, essentially turning it into another internet fad: Might newer tech make $BTC the Yahoo of Google or MySpace of Facebook? […]