Bloomberg’s McGlone Says Bitcoin Remains a Buy despite Tesla’s Comment over Environmental Concerns

Coinspeaker Bloomberg’s McGlone Says Bitcoin Remains a Buy despite Tesla’s Comment over Environmental Concerns Senior Commodity Strategist at Bloomberg Intelligence, Mike McGlone, said Bitcoin remains a “Buy” despite Tesla‘s (NASDAQ: TSLA) comment on the digital coin over environmental issues. McGlone said Musk’s comment that Bitcoin may be bad for the environment is not a relevant […]

Will Cuban government buy crypto?

Cuba has already created its own central bank-backed cryptocurrency. On top of this, high level government meetings are taking place where cryptocurrencies are been evaluated as to their feasibility for future economic inclusion.  A recent article in Periódico Cubano discussed how the Cuban president Miguel Diaz-Canel was favourable towards cryptocurrencies, and wanted to see feasibility studies carried out as to […]

Singapore’s biggest bank launches crypto trust solution

After posting tenfold crypto volume growth in Q1 2021, DBS Private Bank is expanding its crypto services with a new trust solution. DBS Private Bank, one of the biggest wealth managers in Asia outside China, has launched a cryptocurrency trust solution amid growing demand for digital assets. After setting up its own crypto exchange in […]

Turkish customs confiscate over 500 smuggled Bitcoin mining rigs

Turkey’s biggest bust against crypto mining smugglers resulted in the seizure of $600,000 worth of illegal Bitcoin ASIC miners and the detention of four suspects. Turkish customs enforcements brought down an illegal smuggling operation in what is said to be a record bust against illegal Bitcoin (BTC) mining equipment in the country.  After receiving a […]