Category Archives: Coins

Dogecoin and Other Cryptos Now Accepted by Wix’s E-Commerce Platform

Dogecoin and Other Cryptos Now Accepted by Wix's E-Commerce Platform

Israeli web development service Wix, which boasts 210 million users worldwide, has partnered with cryptocurrency payments processor BitPay, according to an Oct. 12 press release. Its eCommerce platform has added a slew of cryptocurrencies as new payment options, including meme cryptocurrency Dogecoin. The new feature will be rolling out in phases. Initially, cryptocurrencies are accepted […]

Russia Won’t Ban Crypto Trading, Says Deputy Finance Minister

Russia Won't Ban Crypto Trading, Says Deputy Finance Minister

Russia’s Deputy Finance Minister Alexei Moiseev told reporters Tuesday that the government had no plans to impose a China-style ban on cryptocurrency trading. According to Moiseev, citizens will be able to buy digital assets and use crypto wallets on foreign exchanges. However, he also stressed that the ban on cryptocurrency payments would remain in place: […]

Russia Won’t Ban Crypto Trading, Says Deputy Finance Minister

Russia Won't Ban Crypto Trading, Says Deputy Finance Minister

Russia’s Deputy Finance Minister Alexei Moiseev told reporters Tuesday that the government had no plans to impose a China-style ban on cryptocurrency trading. According to Moiseev, citizens will be able to buy digital assets and use crypto wallets on foreign exchanges. However, he also stressed that the ban on cryptocurrency payments would remain in place: […]

Grayscale’s Bitcoin Fund Premium Reaches New Lows Prior to Potential Launch of Bitcoin ETFs

Grayscale's Bitcoin Fund Premium Reaches New Lows Prior to Potential Launch of Bitcoin ETFs

The premium of Grayscale’s Bitcoin Fund hit new local lows of 19.2%, reaching a six-month all-time low of 21%. The fall has accelerated after rumors appeared of the potential approval of physically-backed Bitcoin ETFs. The first Bitcoin ETF may be approved on Oct. 18. A negative premium, or a discount to NAV, indicates the fund’s performance against the underlying asset. A negative premium […]

Grayscale’s Bitcoin Fund Premium Reaches New Lows Prior to Potential Launch of Bitcoin ETFs

Grayscale's Bitcoin Fund Premium Reaches New Lows Prior to Potential Launch of Bitcoin ETFs

The premium of Grayscale’s Bitcoin Fund hit new local lows of 19.2%, reaching a six-month all-time low of 21%. The fall has accelerated after rumors appeared of the potential approval of physically-backed Bitcoin ETFs. The first Bitcoin ETF may be approved on Oct. 18. A negative premium, or a discount to NAV, indicates the fund’s performance against the underlying asset. A negative premium […]

Bitcoin Miners Now Officially Prefer U.S. to China: CNBC

Bitcoin Miners Now Officially Prefer U.S. to China: CNBC

CNBC has reported that Bitcoin miners are now openly picking the U.S. as their top destination, as per official data released by Cambridge University. The U.S. leadership here has increased by 428% since last year. Data just out from Cambridge shows the U.S. is now the world’s #1 destination for #bitcoin miners, beating out China for the […]

Bitcoin Miners Now Officially Prefer U.S. to China: CNBC

Bitcoin Miners Now Officially Prefer U.S. to China: CNBC

CNBC has reported that Bitcoin miners are now openly picking the U.S. as their top destination, as per official data released by Cambridge University. The U.S. leadership here has increased by 428% since last year. Data just out from Cambridge shows the U.S. is now the world’s #1 destination for #bitcoin miners, beating out China for the […]

Bitcoin Wages Might Become Available for Miami Employees, According to City’s Mayor

Bitcoin Wages Might Become Available for Miami Employees, According to City's Mayor

Miami Mayor Francis Suarez has recently made a statement that it is “a major priority” for the city of Miami to create an overflow that would allow municipalities to pay its employees in Bitcoin, according to Bloomberg. Suarez has said that they are looking forward to becoming the “crypto capital of the United States.” The goal will be reached […]

Bitcoin Wages Might Become Available for Miami Employees, According to City’s Mayor

Bitcoin Wages Might Become Available for Miami Employees, According to City's Mayor

Miami Mayor Francis Suarez has recently made a statement that it is “a major priority” for the city of Miami to create an overflow that would allow municipalities to pay its employees in Bitcoin, according to Bloomberg. Suarez has said that they are looking forward to becoming the “crypto capital of the United States.” The goal will be reached […]

CEO of $9.5 Trillion Asset Manager Suggests That Bitcoin May Be Worthless

CEO of $9.5 Trillion Asset Manager Suggests That Bitcoin May Be Worthless

Larry Fink, CEO of asset management behemoth BlackRock, expressed skepticism about Bitcoin during his Oct. 13 appearance on CNBC. When asked about whether or not he agrees with JPMorgan CEO Jamie Dimon’s comments about Bitcoin being worthless, Fink said that he was in the banker’s camp. I’m probably more in the Jamie Dimon camp. Fink […]