Bitcoin News

U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep. Eshoo Asks Pelosi to Amend ‘Harmful Language’ on Crypto

On Friday, Aug. 13, a total of $675 million worth of Bitcoin (BTC) options are set to expire and currently the bulls enjoy a significant advantage after a 20% weekly rally to $46,743.  According to Cointelegraph, two things that marked the positive shift seen from institutional investors were deposits to derivatives exchanges reaching their lowest

Crypto payment service provider Bitpay has updated its wallet app to include Google Pay for U.S. cardholders to spend their cryptocurrencies. The company has already added Apple Pay and Samsung Pay is expected in the near future. Bitpay Updates Wallet App to Include Google Pay Leading crypto payment service provider Bitpay announced Wednesday that it

A family that went all-in on Bitcoin back in 2017 has revealed their secrets to safeguarding the asset now that it has increased in price by around 5,000%. The Dutch family of five’s storage plan includes a series of secret locations spread across four different continents. In 2017 the ‘Bitcoin family’ liquidated all of their

While non-fungible token (NFT) assets have been raking in millions, numerous NFT projects like Cryptopunks, Meebits, and Bored Ape Yacht Club (BAYC) have been outpacing the competition. The BAYC NFT collectibles is a collection of 10,000 Bored Ape NFTs and just recently the project sales volume has risen exponentially as it rests just below Cryptopunks

Coinbase Global (NASDAQ: COIN) rebounded during the early trading hours on Aug.11 after it beat Wall Street forecasts for sales and revenues in the second quarter. The cost to purchase one COIN share surged 4.7% to $282.34 at the New York opening bell. Later, bids for the COIN rose to as high as $294 before

The Nasdaq-listed auto insurance company Metromile has purchased $1 million in bitcoin. The company plans to “become the first insurance company to allow policyholders the option to pay for insurance and receive payment for eligible claims in either bitcoin or dollars.” Auto Insurance Platform Adds Bitcoin to Balance Sheet The Nasdaq-listed insurance company Metromile Inc.

The total value of all cryptocurrencies in circulation — a major bellwether for the health of the overall market — reached $2 trillion on Wednesday for the first time in almost three months, offering compelling evidence that buyers are back in control.  Measured by market capitalization, digital asset values peaked at $2.007 trillion on Wednesday,

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has written a letter to Senator Elizabeth Warren about crypto regulation. After outlining his concerns and priorities in the crypto sector, he said, “additional authorities” and “more resources to protect investors in this growing and volatile sector” are needed. SEC Chair Gensler Replies

Bitcoin (BTC) reserves on derivatives exchanges have dropped to levels last seen before the May price crash. Data from on-chain analytics service CryptoQuant confirmed that as of Aug. 10, derivatives reserves totaled 1.256 million BTC — the least since May 11. Institutions repeat Q4 2020 Against a backdrop of institutional interest returning to cryptocurrency instruments

Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC, and the FDIC. However, it would also put the company

Tuesday started with a bang after Poly Network was hacked for $610 million in funds in what appears to be the worst hack in the history of decentralized finance and the price of Bitcoin (BTC) dropped by by 2% to trade near $45,000.  Despite the severity of the hack, most altcoins are holding on to

Venmo, a Paypal service, has introduced the “Cash Back to Crypto” feature to allow credit card customers to automatically buy four types of cryptocurrencies with their cash back without incurring transaction fees. Cash Back to Crypto on Venmo Payments giant Paypal announced Tuesday a new feature on its Venmo platform called “Cash Back to Crypto”

Bitcoin (BTC) proponents continue to poke fun at gold bugs as the precious metal’s 10-year returns flip negative. As of Aug. 10, fresh data shows, XAU/USD traded 3.7% lower than it did on the same day in 2011. Gold fails to impress – on any timeframe It’s been a bad week for gold and its

AMC Entertainment Holdings, Inc., plans to accept bitcoin by the end of 2021 according to CEO Adam Aron on an earnings call on Monday. Aron said the movie theater chain will start accepting the leading crypto asset once the company has information technology (IT) systems in place. AMC Plans to Accept Bitcoin According to Firm’s

Bitcoin (BTC) returned to $46,000 after a brief consolidation on Aug. 10 amid continued surprise at the strength of the BTC price comeback. 3 days to Bitcoin golden cross Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark Tuesday. The pair had spent the night ranging slightly lower, at one point testing