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Bitcoin critic Peter Schiff has taken to Twitter to reveal that his son, Spencer, has gone all-in on Bitcoin. While expressing his disappointment that his son had gone 100% on Bitcoin, Schiff joked about disinheriting his son to stop him from spending his inherited wealth on more Bitcoin. My son
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Prominent China-based social media platform, Weibo, has suspended the accounts of several crypto trading exchanges, including Huobi, OKEx, Binance, and MXC. Although the exact reason for the action is still unknown, it appears the platform is dancing to the tone of Chinese regulators, who have come hard on crypto-based businesses.
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Warren Davidson, a congressman representing Ohio has proposed a Token Taxonomy Act, which seeks to exempt certain cryptocurrencies from U.S. securities laws. Interestingly, this is the third iteration of the bill that was first sponsored in 2018, and then again in 2019. Despite proposing the bill twice, the legislation
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Rising gas fees have grown to become a major issue on the Ethereum blockchain, but not for miners. Amid the rising fees, mining revenue has also gone through the roof. As reported by BTC PEERS, the much-anticipated Ethereum Improvement Proposal (EIP)-1559 is expected to go live in July. EIP-1559
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A recent survey titled “The Great Cryptocurrency Report” suggests that 25% of British investors would have made at least £1 million in profit by investing in Bitcoin at the beginning of 2020. The new research from the U.K. think tank Parliament Street polled 2,000 British investors. Investors were
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In a recent interview with Reuters, John Waldron said that Goldman Sachs will “continue to evaluate” and “engage on” crypto for customers. Waldron, who is the chief operating officer at the firm, revealed that Goldman’s decision to restart its cryptocurrency trading desk has been met with increasing demand from
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If the words of Ethereum’s co-founder, Vitalik Buterin, are anything to go by, then issues such as congestion on the Ethereum network may soon become a thing of the past. During an interview with Naval Ravikant on the Tim Ferris Podcast, the co-founder addressed some of the major bottlenecks
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India’s crypto landscape has been marred with a lot of uncertainty. The Reserve Bank of India (RBI) had earlier prevented banks from servicing crypto businesses and customers, a decision that forced many businesses to either shut down or move shop. Although this decision has since been overturned, the RBI
JP Morgan appears to be the latest institution to embrace the reality that digital assets may be the future. The multinational investment bank is launching a “Cryptocurrency Exposure Basket,” which will track the stocks of publicly-traded companies with exposure to digital assets. The incoming debt instrument leans heavily on MicroStrategy
According to a recent survey by London-based crypto fund Nickel Digital Asset Management, over 85% of institutional investors who already hold Bitcoin plan on buying more of the digital gold over the next two years. The data which was shared with crypto news site, Decrypt, surveyed 50 wealth managers and
Altshuler Shaham, one of the largest investment houses in Israel, poured $100 million into Bitcoin via the Grayscale Bitcoin Trust (GBTC), Globes reports. As per the report, the investment was made in the second half of last year when the price of Bitcoin was slightly above $21,000. Given the
Judging by its latest job postings, Grayscale might be gearing up to launch a Bitcoin exchange-traded fund (ETF). The world’s largest crypto asset management company may be on the verge of filing for an ETF in the United States. The firm took to Twitter yesterday to post the link
Crypto investment firm Digital Currency Group (DCG) has revealed its plans to invest up to $250 million in Grayscale’s Bitcoin Trust. DCG is the parent company of Grayscale, the world’s largest crypto asset manager. According to a press release, the firm intends to use its own cash to
According to data shared by Material Indicators, an on-chain analytics firm, Bitcoin whales continued to buy the dip while prices were down. The firm suggested that buyer activity on Binance climbed, with massive buy orders in excess of $100,000. This is not looking like a healthy rally. Remember what
You wanna create a DAO, huh? Let me tell you, it ain't no easy feat. You gotta have a solid understanding of smart contract programming and the blockchain platform you're gonna use. But don't worry, there are DAO tools out there that can help
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Gerber Kawasaki, a billion-dollar asset management firm, has revealed that it will start buying Bitcoin for its clients. CEO Ross Gerber made the revelation during an interview, stating that it was time to explore the huge opportunities that digital assets present. He said: If I don’t offer this to