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  • Ray Dalio’s Bridgewater CFO leaves to work on Bitcoin full-time

    • May 8, 2021
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    News › Bitcoin › U.S. › People Traditional finance veteran John Dalby will help New York Digital Investment Group “to bring Bitcoin safely to everyone.” Liam Frost · May 8, 2021 at 6:09 pm UTC · 2 min read John Dalby, now-former chief financial officer at investment company Bridgewater Associates, has been appointed as the

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  • American institution Citibank is building a crypto trading and custody service

    • May 7, 2021
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    American multinational investment bank Citigroup is reportedly developing crypto-related services such as trading, custody, and financing due to rapidly growing interest from clients. According to a Financial Times report published today, the bank hasn’t yet decided when—if ever—it will actually offer its clients crypto services but is preparing for such eventuality nevertheless. Clients’ interest in

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  • Goldman Sachs is trading Bitcoin a year after saying crypto ‘not an asset’

    • May 7, 2021
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    US bank Goldman Sachs has launched a cryptocurrency trading team, as per a report this morning on news outlet CNBC. Goldman Sachs just formed an entire cryptocurrency trading team under their Global Currencies divsion. Last year, they called #bitcoin “not an asset class” — Documenting Bitcoin 🟩 (@DocumentingBTC) May 7, 2021 From no crypto to

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  • Norway’s minister of climate Sveinung Rotevatn is a Bitcoin ‘hodler’

    • May 7, 2021
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    Norway’s minister of climate and environment Sveinung Rotevatn sits on a stack of Bitcoin, he revealed in an interview this week. “[It’s] a well-suited store of value,” he said, adding that mining—using powerful computing equipment to validate transactions on and maintain the network—did pose considerable environmental challenges. Going Bitcoin Norway is popularly known for its

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  • Another U.S. public listed company just bought $7 million in Bitcoin

    • May 6, 2021
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    MercadoLibre (Nasdaq: MELI), Latin America’s leading e-commerce technology company, has purchased a small amount of Bitcoin, as per a filing yesterday with the US Securities and Exchange Commission (SEC). Saving grace “A South American company protecting itself in terms of currency,” noted MacroScope, a pseudonymous trader popular in crypto circles on Twitter. In an SEC

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  • FBI plans to put warning signs on Bitcoin ATMs to hinder scammers

    • May 5, 2021
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    The Cuyahoga County (U.S. state of Ohio) Scam Squad and the Federal Bureau of Investigations (FBI) have issued a public warning as scammers began to actively use Bitcoin (BTC) ATMs to defraud people, TV channel News 5 Cleveland reported on Tuesday. “Now scammers are asking you to pay in Bitcoin,” said Sheryl Harris, director of

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  • Grayscale becomes ‘crypto sponsor’ of American football team New York Giants

    • May 5, 2021
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    Crypto investments behemoth Grayscale and the National Football League team New York Giants have partnered up and are committing to “support the New York metro area,” according to an announcement published today. “Our partnership with the Giants is incredibly meaningful because our roots are in New York,” said Grayscale CEO Michael Sonnenshein, adding, “We’re excited

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  • Argentinians are flocking to Bitcoin (BTC) amid inflation, economic decline

    • May 5, 2021
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    The popularity of Bitcoin and other cryptocurrencies is skyrocketing in Argentina as local residents look for new ways to offset inflation, global news agency AFP News reported today. “The number of user accounts for investing in cryptocurrencies has multiplied by ten in Argentina since 2020,” Maximiliano Hinz, Latin American director of crypto exchange Binance, told the

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  • Why this on-chain analyst targets a $300,000 Bitcoin in 2021

    • May 4, 2021
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    Why this on-chain analyst targets a $300,000 Bitcoin in 2021 | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Edge Shaurya Malwa · May 4, 2021 at 2:00 am UTC · 2 min read A popular on-chain analyst said in a

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  • 54% of Koreans say they support crypto taxes

    • May 3, 2021
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    A new survey in South Korea has shown that 53.7% of respondents support the upcoming implementation of capital gain taxes on profits from crypto trading, local outlet Yonhap News Agency reported today. Per the publication, the survey was conducted by public opinion-focused company Realmeter on 500 Koreans aged 18 and older last Friday. According to

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