Energy from gas-flaring a $16 billion opportunity — PermianChain exec

Bitcoin might have displayed strength by quickly recovering from the $25,500 support level on June 6, but that doesn’t mean that breaking above $27,500 will be an easy task. Investors still expect stricter regulatory scrutiny after FTX’s bankruptcy in November 2022, including the recent suits against Coinbase and Binance.A total of eight cryptocurrency-related enforcement actions have been undertaken by…

American financial services company Fidelity Investments has fully launched its cryptocurrency custody service.Abigail Johnson, CEO of Fidelity Investments, revealed the development in an interview with the Financial Times published on Oct. 18. Johnson said that the company is ready to roll out its crypto custody business following a year-long preparation and accumulation of clients.A nascent,…

JPMorgan Chase CEO Jamie Dimon has said that Facebook’s not-yet-released Libra stablecoin is “a neat idea that will never happen.”Dimon delivered his comments during a speech at the Institute of International Finance conference on Friday, BNN Bloomberg reported on Oct. 18. Dimon said that the idea behind Libra is not unique and further turned the…

Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!This week our 6 Questions go to Michelle O’Connor, VP of Marketing at UpholdMichelle is passionate about building the future of inclusive finance through…

With a second stimulus check handout on the way, less than 1% of the $478 billion in cash is needed to buy up the entire year’s Bitcoin supply. 576 Total views 27 Total shares Just 1% of the two stimulus checks being sent to Americans in 2020 would be enough to raise the Bitcoin (BTC)…

Friday, Oct. 18 — Bitcoin (BTC) is suffering from further downward selling pressure and continues to trade below the $8,000 price mark.Cryptocurrency market daily overview. Source: Coin360Bitcoin traded below the $8,000 price mark for most of the day. The world’s largest cryptocurrency traded at an intraday high of around $8,135, with a sudden dip toward…

The $4.7 billion Bitcoin (BTC) monthly options expiry on June 30 might play a decisive role in determining whether the $30,000 price will consolidate as long-term support and open room for further bullish momentum.Why is Bitcoin breaking yearly highs?Many analysts consider Bitcoin's recent breakout above $27,000 a bet on the multiple spot Bitcoin exchange-traded fund (ETF)…