Latest news — Page 1170

The Canadian augmented reality firm joined the ranks of Bitcoin-holding companies with its recent $2 million purchase of the crypto.

From its 2019 revenue of $329, the crypto startup's 2020 revenue soared to $1.03 million in 2020.

JPMorgan predicts that Bitcoin could soar to $100K in 2021 but warns that its volatility could dampen institutional adoption.

Microstrategy's Bitcoin stash, which the firm bought for $1.125 billion, rose to %2.28 billion.

The future Martian community might opt to use crypto for trading within the colony.

Glassnode analysts say it's now harder to buy Bitcoin from crypto exchanges due to its scarcity.

More than 1.1 million BTC is now held as a reserve asset by various firms.

Indian crypto bank Unicas will open 14 branches by January 2021 and plans to expand its presence to 100 branches by 2022.

An official of the Central Bank of Russia believes that the rise of digital currencies could render the SWIFT network obsolete.

A proposal to impose an 18 percent GST on BTC transactions is now being considered by the Indian government.

Coinbase announced that it will fully suspend XRP trading on its platform next year but won't restrict clients' access to their XRP wallets.

An analyst believes that demand for Ether (ETH) could pick up next year as institutional investors start to invest in the crypto-asset.

Binance CEO says it is unlikely to expand in Japan.

Proponents believe that Bitcoin's price could soar to the six-digit figure range while critics say it is best not to invest in BTC.

Bitcoin breached the $28,000 mark on Sunday pushing its market cap past $500 billion.

The Israel Tax Authority plans to boost tax collection by targeting crypto trading income.

Russia's first cryptocurrency law will take into effect next year.

Wirex can now directly issue Visa cards to its over 3 million customers.

Fintech firm Mogo announced that it will invest 1.5 percent of its reserve assets in Bitcoin.

Hackers breached the Exmo crypto exchange and stole various cryptocurrencies.

The SEC has filed charges against Ripple, its CEO, and its co-founder.

Jefferies will soon join the increasing list of institutions that include BTC in their portfolios.

South Korea's crypto market activity is expected to surge this month along with Bitcoin's rally.

Goldman Sachs believes that both Bitcoin and gold can co-exist.

Bitcoin's market could reach a trillion dollars as institutional investors start to treat it as a reserve asset.

Guggenheim Investment said that it will be more challenging to buy BTC at its current price level.

Core Scientific now has more than 77,000 crypto mining rigs with a total computing power of 7.26 EH/s.

Institutional demand could push BTC's price to $50K next year.

Ruffer International has added Bitcoin to its Multi-Strategies Funds as a defensive move against fiat devaluation.

Known as Italy's best private bank, Banca Generali will start offering crypto custody service via an agreement with Bitcoin wallet provider Conio.

JPMorgan analysts that demand for BTC by insurance firms and pension funds could balloon to $600 billion.

Indian authorities arrested a cryptocurrency trader for his alleged involvement in a money-laundering scheme connected to illegal betting apps.

Russian officials will be required to submit a report that details their crypto holdings.

France combats the potential use of cryptocurrency for terrorist financing by issuing a new ordinance.

Venezuela paid imports from Turkey and Iran with Bitcoin to bypass U.S. sanctions.

Institutional investors can now pledge their Bitcoin as collateral for cash loans.

Bill Winters believes that both privately owned cryptos and government-backed CBDCs have different roles to play in the future of finance.

South Korea's largest bank will be rolling out its cryptocurrency custody service soon.

Executives of South Korean crypto exchange facing fraud charges

MicroStrategy plans to raise $400 million and use the net proceeds to buy more Bitcoins.