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More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companiesâ cash reserves in it. A small scale study of financial executives has found that 5% of companies intend to invest in Bitcoin (BTC) as a corporate asset this year, with a further 11% stating they could...
The record comes as traders analysts have described institutional investorsâ interest in bitcoin as growing âat a staggering pace.â The price of bitcoin (BTC) rose Sunday morning to a new all-time high of $49,716 after a week of positive developments regarding increased Wall Street acceptance of the leading cryptocurrency. Bitcoin hit a new high-water mark of $49,716.44, topping the previous...
Peirce also pushed back against an emerging government narrative that cryptocurrency is a dangerous rail for terrorist financing. U.S capital markets are ready for a bitcoin exchange-traded product, U.S. Securities and Exchange Commissioner Hester Peirce said on CoinDesk TV Thursday. The regulator playfully known as "crypto mom" said people are already eager to trade a bitcoin ETP, "and so if...
The next milestone has been overcome. There are already more than 6.5 k projects on the platform!
While the number of Bitcoin transactions that can fit in a block remains the same, demand on the network is leading to rising transaction costs. The number of transactions waiting to be confirmed in the Bitcoin mempool surged briefly above 125,000 today. This represents the equivalent of roughly 149 megabytes worth of data waiting to be added to the blockchain,...
Tesla also expects to begin accepting bitcoin as a form of payment for its products "in the near future." The announcement that much of the crypto world has been hoping for is here: Tesla has invested in bitcoin. The electric vehicle maker said Monday in an annual report filed with the U.S. Securities and Exchange Commission that it has put...
Fees for transacting on the Ethereum network breached previous records, passing above $20 for the first time Thursday. As of 05:45 UTC (12:45 a.m. ET), the average and median transaction fee on Ethereum reached as high as $23.43 and $11.77, respectively, data from Blockchair indicates. Ethereum last broke its transaction fee record a month ago on Jan. 11, hitting an...
The last time bitcoinâs closing price was under $30,000 was Jan. 1, according to CoinDesk 20 data. Bitcoin reversed several days of sideways trading to head higher, ether broke $1,500 for the first time and DeFiâs ecosystem has a record amount of value locked in dollar terms. Bitcoin (BTC) trading around $35,824 as of 21:00 UTC (4 p.m. ET). Gaining...
The group âr/Wallstreetbetsâ (aka WSB) is a longstanding subreddit channel where over 3.5 million Reddit users discuss highly speculative trading ideas and strategies. Described as âlike 4chan found a Bloomberg Terminal,â the community has caused huge disruption to financial markets this week. On Sept. 19, 2020, a Redditor with the handle Player896 published a post in the channel entitled âBankrupting...
Coinbase announced last month it had confidentially submitted a draft registration statement with the SEC. Leading cryptocurrency exchange Coinbase Global said it intends to become a publicly traded company pursuant to a proposed direct listing of its Class A common stock. On Dec. 17, 2020, Coinbase announced it had confidentially submitted a draft registration statement on Form S-1 with the...