Bitcoin Financial News
12.11 / 11:03
COST
ETF
Bitcoin
Bitwise
asset manager
Asset manager Bitwise pulls plan for a bitcoin ETF
A second firm has halted the launch of a bitcoin futures exchange-traded fund, calling the products too costly for many investors.
12.11 / 09:41
Blockchain
Provident
Digital
Bitcoin
Central bank digital currencies are a long way from becoming reality — unless you’re in China
Don't expect central banks to issue their own digital currencies anytime soon — that was the message from the Bank of England this week.
12.11 / 09:39
cryptocurrency
litecoin
coinbase
Bitcoin
How to convert cryptocurrency to cash: Here are ways to bank your digital coin
bitcoin and other digital coins in more mainstream ways for their day-to-day finances. Here's a look at how to use these banking-style services for cryptocurrency, as well as their benefits and barriers.WHAT IS CRYPTOCURRENCY BANKING?The term cryptocurrency banking could be considered a misnomer, since the exchange companies and firms that offer these services aren't technically banks, but it generally refers to the ways in which consumers can manage their cryptocurrency balances.
12.11 / 08:51
Provident
inflation
Bitcoin
Need An Inflation Hedge? Bitcoin Has Delivered 99.996% Deflation
On Wednesday, U.S. inflation data come in much hotter-than-expected. Almost immediately after the number hit the wires, Bitcoin notched a record high. Coincidence?
12.11 / 06:07
UPS
cryptocurrency
Binance
Bitcoin
fall
Cryptocurrency Prices Today: Binance Coin up by nearly 2.5%; Tether, Cardano fall
Cryptocurrency prices are mostly in the green on November 12. The global cryptocurrency market cap is Rs 213.31 lakh crores, a 2.55 percent increase over the last day, while the total crypto market volume over the last 24 hours is Rs 9,36,495 crores, which makes a 28.08 percent decrease.
12.11 / 05:33
BTC
Twitter
ETF
Bitcoin
Bitwise
Bitcoin spot ETF
spot ETF
Bitwise will pursue Bitcoin spot ETF, since investors ‘better served’ by spot exposure
The launch of the very first Bitcoin ETFs in the US was marked by widespread excitement and record-breaking numbers. This was also followed by a number of asset management firms flocking to the SEC with their own applications for a Bitcoin Futures-backed ETF, with varying degrees of creativity.
12.11 / 05:27
Citi
Bitcoin
Miami will hand out free Bitcoin to residents from profits on city coin
Every Miami resident with a digital wallet will be eligible to receive a Bitcoin dividend according to Mayor Francis Suarez.
12.11 / 03:11
ETF
Bitcoin
The new bitcoin ETF is riskier than you think — even by crypto standards
When the US Securities and Exchange Commission gave the go-ahead for Wall Street’s first crypto-linked exchange-traded product last month, markets went wild in anticipation of the brave new world.
12.11 / 03:07
CEO
Bitcoin
Mode and PayEscape pilot bitcoin payroll product
The partners say that their service automates the process of buying an investment that has traditionally been associated with a number of barriers to entry, giving employees the benefit of "convenient and passive exposure to the best performing asset of the decade".An internal pilot within Mode and PayEscape has seen "significant uptake" and will run into next year.Ryan Moore, CEO, Mode, says: "By automating the process of converting monthly pay deductions into bitcoin, Mode aims to make it
12.11 / 01:51
markets
inflation
Bitcoin
analysts
Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K
Volatility is the name of the game in the cryptocurrency market and the Nov. 11 evening sell-off in the price of Bitcoin (BTC) is a reminder that new all-time highs are often followed by sharp whipsaws to underlying support levels.
12.11 / 01:51
business
Bitcoin
Bitfarms
Bitfarms expands to US, plans green crypto mining operation in Washington
Canadian Bitcoin mining company Bitfarms is planning to build its first data center in the United States following the purchase of a land plot in Washington State.
12.11 / 01:31
Blockchain
UPS
Ethereum
Bitcoin
Solana co-founder dismisses ‘knives out’ approach, calls Ethereum ‘beautiful force of good’
A number of altcoins have been dubbed “Ethereum killers” by analysts and traders. Since they are faster and cheaper than the world’s second-largest cryptocurrency. In that context, Solana seems to have stolen headlines this year. In fact, at the time of writing, Solana was the sixth biggest crypto by market cap, putting it ahead of even Cardano.
12.11 / 00:34
business
Blockchain
Ethereum
Bitcoin
reserves
Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves
In its third-quarter earnings release, Canadian cryptocurrency miner Hut8 announced that it surpassed its goal set earlier this year of holding 5,000 Bitcoins (BTC) in reserves through mining. Its Bitcoin balance now amounts to 5,053, for a total market value of $430 million.
12.11 / 00:07
Ethereum
Legal
Bitcoin
Ukrainian MP ‘Fails to Provide Evidence of Where She Got Her BTC, ETH, ETC Stash'
Ukraine’s corruption watchdog has unearthed what it believes is evidence of possible irregularities on an MP’s crypto declaration – and her cache of bitcoin (BTC), ethereum (ETH), and ethereum classic (ETC).
11.11 / 22:01
Ethereum
litecoin
Bitcoin Cash
Bitcoin
analysts
NOT
Most Cryptos Correlated with Stocks, Not with Gold - Analysts
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found.
11.11 / 21:33
Dogecoin
Action
Bitcoin
Doge
Bitcoin, Dogecoin, MATIC Price Analysis: 11 November
After a bullish rally, Bitcoin crossed the $69,000-mark to touch its ATH on 10 November. Now, with the correction phase kicking in, the near-term technical indicators for Bitcoin and the majority of altcoins flashed red signs.
11.11 / 21:33
UPS
BTC
Action
Bitcoin
Q4
Bitcoin: Q4 may turn out to be the best one yet this year
As 2021 comes closer to the end, for the crypto markets it seems like this could be one of the best quarters, especially for Bitcoin. Analysts believe that Q4 will determine the early months of the following year. So, if this quarter closes on a good note, 2022 might turn out to be bullish as well.
11.11 / 21:27
event
Crypto Exchange
Bitcoin
BTC Media Announces Sound Money Bitcoin Music Festival
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
11.11 / 20:23
Ethereum
SEC
coinbase
Bitcoin
Crypto Dilemma in Indonesia, 'Bitcoin Yield' In Miami, Disney's Metaverse + More News
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
11.11 / 20:10
Binance
Digital
BURST
Bitcoin
How Binance took the crypto market by storm, then caught the eye of governments
The world’s fastest-growing major financial exchange has no head office or formal address, lacks licenses in countries where it operates, and has a chief executive who until recently wouldn’t answer questions about his location.
11.11 / 19:23
cryptocurrency
Twitter
Social Media
Bitcoin
Twitter is setting up a new crypto team. This is what it will be tasked with
Twitter is launching a dedicated cryptocurrency and blockchain team.
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