Bitcoin News Roundup for Feb. 17, 2021

Reddit is caught between a rock and hard place. With the emergence of artificial intelligence (AI) that threatens to disrupt how people find information online and a massive boycott brewing in reaction to a move the legacy social media platform took to bolster itself, the company, which counts an obscene 57 million daily users, is…

News that Metaco, the Swiss digital assets custody firm acquired by Ripple earlier this year, is working with HSBC, one of the world's largest banks, quickly became a reason to be cheerful for many supporters of the U.S. fintech’s ledger protocol, known collectively as the “XRP army.”Named after the cryptocurrency designed to move liquidity around

Bitcoin was trading above $61K during the Asian trading day, and Polymarket bettors are forecasting some price stability for the rest of the week. Traders are looking to Jerome Powell's remarks at the end of the week for indications of where prices may go. Bitcoin (BTC) moved past $61,000 early Tuesday as U.S.-spot exchange-traded funds

Digital bank Revolut is testing a beta version of a cryptocurrency exchange targeted at "advanced traders."The exchange will offer lower fees than trading through the Revolut app alongside enhanced market analytics.Digital bank Revolut is set to introduce a cryptocurrency exchange targeting "advanced traders," according to a customer email seen by CoinDesk.Revolut currently offers basic crypto

news An ING executive warned banks may drop Facebook as a customer if the social media giant continues with its experimental foray into cryptocurrency without addressing regulatory concerns. In an interview with the Financial Times on Tuesday, CEO Ralph Hamers said the Libra project’s unresolved regulatory issues place a degree of risk on banks, as…

Oct 12, 2020 at 08:32 UTCUpdated Oct 12, 2020 at 08:33 UTCElon Musk has thrown doubt on a claimed sighting of a bitcoin ATM at the Tesla Gigafactory in Nevada.The ATM was first claimed to have been sighted by Twitter user Will Reeves who posted on Sunday that he had "just passed by and saw…

Nov 5, 2020 at 13:50 UTCUpdated Nov 5, 2020 at 14:28 UTCFederal Reserve Chair Jerome Powell takes center stage with the U.S. presidential election still undecided two days after the vote.(Federal Reserve, modified by CoinDesk)First Mover: Bitcoin Likes Biden (and Fed’s Powell) as Price Approaches $15KBitcoin has now doubled its price in 2020, after surging…

Aug 14, 2020 at 19:00 UTC(Muhammad Faiz Zulkeflee/Unsplash)Fortnite vs. Apple and Google Is the Internet’s First ‘World War’What’s truly at stake is the power to shape and profit from the future of digital experiences. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox,…

Jul 21, 2020 at 20:28 UTCSource: CoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Briefly Pops Above $9,400 as Global Stocks RallyBitcoin hit its highest price point in almost two weeks as stocks climbed. Bitcoin (BTC) trading around $9,371 as of 20:00 UTC (4 p.m. EDT). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $9,149-$9,439BTC…