Bank of America officially launched its cryptocurrency research division with a new 140-page report titled, “Digital Assets Primer: Only the first inning,’ that covers bitcoin, NFTs, DeFi, central bank digital …
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Bitcoin “Diamond Hands” control largest share of sovereign BTC supply in history
Bitcoin’s (BTC) “strongest hands” are eating out of its non-exchange supply aggressively. Their domination prints a new historic high, on-chain data says. According to data by leading on-chain analytics tool Glassnode, long-term holders …
More“Large pump” coming to Bitcoin, hints BTC price metric. But probably not until December
Bitcoin should see a “large” price increase thanks to a rare bullish phenomenon that has just hit for the first time in seven years. In his latest update on Bitcoin’s relative strength …
MoreGary Gensler: “The SEC has no plans to follow China and ban Bitcoin”
Speaking at the House Financial Services Committee hearing on Oct. 5, the SEC chief stated that the agency has no plans to follow China’s lead and impose an outright ban …
MoreBitcoin approaches $1 tn market cap as BTC gains 20% in one week
Following a market-wide resurgence, Bitcoin soared above $50,000 for the first time since early September this week, rising as high as $51,839 in the early hours of Wednesday morning. One …
MorePepsiCo CFO: “Bitcoin will become functional currency for them in awfully long time”
In his recent interview with CNBC’s Squawk Box anchors, the chief financial officer and Vice Chairman of the PepsiCo behemoth, Hugh Johnson, stated that he can hardly imagine his company buying Bitcoin with its …
MoreBitcoin (BTC) is up 6.5 billion percent since it was first priced in USD
Twelve years ago today, pseudonymous Bitcoin user NewLibertyStandard published what is likely the first pricing of Bitcoin in US Dollar terms. On his website of the same name, NewLibertyStandard went on to …
MoreOver 10K Bitcoin (BTC) ATMs installed globally in 2021 as demand for cryptocurrency surges
With cryptocurrencies moving towards mainstream adoption, players in the sector are putting in place structures to support the shift. Notably, with the recent demand for assets like Bitcoin growing, the number of …
MoreFifth largest bank in the US launches Bitcoin (BTC) and Litecoin (LTC) custody service
On Tuesday (October 5), it appears that U.S. Bank National Association (aka “U.S. Bank”) , the fifth largest commercial bank in the U.S., according to the latest data from the Federal Reserve, has …
MoreCME Group announced 170% increase in Q3 Bitcoin futures average daily volume
On October 4, the world’s most recognized derivatives marketplace, CME Group, announced its Q3 and September 2021 market statistics. In a press statement, the company revealed that an average daily volume …
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