Today, bitcoin investment company Swan Bitcoin announced the launch of Swan Private, its dedicated service to help high-net-worth individuals, corporations and institutions invest in bitcoin and manage their funds. “Swan Private helps clients establish and build their bitcoin position over time,” according to an announcement shared with Bitcoin Magazine. “Clients often make a large purchase […]
Late on crypto? Institutions still at early stage of Bitcoin adoption
Institutional investors are rushing to acquire and add Bitcoin to their portfolio — but is it too late? Institutional investors are seen to be rushing toward Bitcoin (BTC) at high speed, with more companies emerging that look to adopt Bitcoin as a way to store their reserves. Recently, Marathon Patent Group, a Nevada-based Bitcoin mining […]
Crypto Markets Surge, ETH Price Rallies, Bitcoin’s Tight Range Indicates Big Move Ahead
Digital currency markets have been on the move northbound on Wednesday as bitcoin and numerous crypto assets have seen decent gains. The entire crypto-economy has once again crossed the $1 trillion mark as a myriad of digital currencies jumped anywhere between 5-20% in value during the last 24 hours. Crypto Assets See Some Upside Price […]
Small and medium hodlers control 40% of the Bitcoin supply — data
Distribution “keeps getting better,” says Willy Woo amid continued claims that Bitcoin as a network is too centralized. Bitcoin (BTC) ownership is becoming more decentralized every day, data shows, allaying fears that the supply is being controlled by an elite. Data from Glassnode reproduced by statistician Willy Woo on Feb. 3 shows that the number […]
Yellen convenes SEC, CFTC and Fed leaders on Robinhood question
Treasury Secretary Janet Yellen faces the first major hurdle of her tenure with the question of how to handle social media-driven security trading. The four horsemen of U.S. financial regulation will meet to discuss market manipulation concerns resulting from the headline-grabbing drama surrounding GameStop stock last week. Per a Feb. 2 report from the Wall […]
Founder of Crypto Scam Promoted by Actor Steven Seagal Charged — Key Member Arrested in US
Three people have been charged in the U.S. over two cryptocurrency scams, one of which was promoted by famous Hollywood actor Steven Seagal. The main promoter of the schemes has already been arrested and is facing criminal charges. Seagal previously settled the charges against him relating to the scheme. The U.S. Securities and Exchange Commission […]
Bitcoin Custody Provider Casa Announces $4 Million Raised In Seed Funding
Today, Bitcoin custody solution provider Casa announced that it has raised $4 million in seed funding. “The seed round is led by Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments, and includes first-time investment in Casa from Tioga Capital, Cadenza Ventures, Coinbase Ventures and Champion Hill Ventures,” […]
CoinFlip Grows By 359% YoY, Crosses One Million Transactions in 2020
CoinFlip had a monster of a 2020 wherein overall revenue increased by 359% YoY, and their overall transactions crossed one million. The leading Bitcoin ATM operator had grown its network from 441 ATMs to 1,400 ATMs in 2020. What Is CoinFlip? CoinFlip is the world’s leading Bitcoin ATM operator that supports the buying and selling […]
BTC/USD Bulls Test 36849 Technical Resistance: Sally Ho’s Technical Analysis 3 February 2021 BTC
Bitcoin (BTC/USD) extended recent gains early in today’s North American session as the pair appreciated to the 36888 area after trading as low as the 35393.80 area during the Asian session, with the intraday high representing a test of the 23.6% retracement of the appreciating range from 33700 to 37823. The intraday low tested the […]
BTC/USD Bulls Test 36849 Technical Resistance: Sally Ho’s Technical Analysis 3 February 2021 BTC
Bitcoin (BTC/USD) extended recent gains early in today’s North American session as the pair appreciated to the 36888 area after trading as low as the 35393.80 area during the Asian session, with the intraday high representing a test of the 23.6% retracement of the appreciating range from 33700 to 37823. The intraday low tested the […]