Vancouver mayor plans to introduce ‘Bitcoin-friendly city’ plans

Bitcoin (BTC) starts a new week digesting major macroeconomic news as the United States sees the second-largest bank failure in its history.After a sideways weekend, BTC/USD was already volatile into the new weekly and monthly candle as the downside kicked in.After steadying below $29,000, BTC price action is already facing more potential pressure, with First…

The chairmen of two United States financial regulators, the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) testified before Congress today, May 8.The hearings before the Senate Committee on Appropriations served to inform the Senate on the agencies’ budgetary needs while outlining various objectives and initiatives.In their respective testimonies, SEC Chairman…

BlackRock has over $47 billion in crypto holdings, including Bitcoin and Ether, according to data from Arkham. Asset manager BlackRock is partnering with Anchorage Digital for crypto custody services, a move aimed at addressing the rising demand for digital assets from retail and institutional investors. According to an April 8 announcement, BlackRock is the world’s

Institutional investors are increasingly bullish on cryptocurrency, with 83% saying they plan to up crypto allocations in 2025, according to a March 18 report by Coinbase and EY-Parthenon.  Already, nearly three-quarters of firms surveyed said they hold cryptocurrencies other than Bitcoin (BTC) and Ether (ETH), and a “significant majority” said they plan to boost crypto

Up until early 2018, major cryptocurrency markets the likes of South Korea and Japan demonstrated high premiums for Bitcoin. At the 2017 peak, when the Bitcoin price was trading at around $20,000 in the U.S. spot market, Bitcoin was being traded in South Korea’s cryptocurrency exchange market for around 26,000,000 Korean won, equivalent to about…

The Bank for International Settlement’s Project Tourbillon features two eCash prototypes, the first providing “unconditional payer anonymity” and the second being “more resilient” in security terms. 198 Total views 6 Total shares The Bank for International Settlements (BIS) Innovation Hub has presented the final report on its private central bank digital currency (CBDC) initiative, Project

Bitcoin (BTC) has posted a fresh sign of recovery as its hash rate bounces back to levels from before March’s crash.According to data from monitoring resource Blockchain, as of April 15, Bitcoin’s 7-day average hash rate was 114 quintillion hashes per second (h/s).BTC hash rate hits early March levelsThe last time the network recorded that…

Global crypto users could top a billion by the end of 2022, according to a new report by Crypto.com. 2148 Total views 25 Total shares There’s a beacon of hope for battered Bitcoin (BTC) bulls. A promising report from Crypto.com predicts that global crypto users could reach one billion by the end of 2022.The report…