Bitcoin - Redeeem

Bitcoin network hits new difficulty level

The difficulty of mining Bitcoin rose to 28.587 trillion some days ago, just moments after miners released the 19th millionth bitcoin.

cryptocurrency

Poll finds 1 in 5 Americans use crypto

Crypto assets are becoming increasingly popular among Americans.

Canada

Canadian Prime Minister candidate supports Bitcoin as currency

Pierre Poilievre, Canada's Conservative Party Prime Ministerial candidate, has come out in favor of allowing Bitcoin to legally be used as money.

Ukraine

Over $50 million in crypto already donated to Ukraine during Russia's invasion

Donations have come mostly in the form of Bitcoin, Ethereum, but have included other cryptocurrencies.

Russia

Russia to treat Bitcoin as a currency

An announcement on Tuesday indicated that the Russian government and central bank had reached an agreement on how crypto assets would be regulated.

KPMG

KPMG Canada balance sheet now includes Bitcoin and Ethereum

The two largest cryptocurrencies by market capitalization were direct investments made today by KPMG Canada.

Paxful

Paxful opens a Bitcoin education center in El Salvador to boost adoption

The peer-to-peer crypto platform has been working to make it easier for Salvadorans to use the flagship cryptocurrency.

Flushing Financial Corporation

$8 billion New York bank will offer customers Bitcoin

The Flushing Financial Corporation has partnered with New York Digital Investment Group to provide its customers with Bitcoin brokerage services.

Stacks

Stacks becomes largest Bitcoin project

Stacks blockchain (STX) achieved 350 million API requests per month on the anniversary of its launch.

El Salvador

El Salvador plans to issue Bitcoin bonds

The issuance of Bitcoin bonds in El Salvador is nearing completion.

golden state warriors

Golden State Warriors player to receive wages in Bitcoin

Three-time NBA Champion Andre Iguodala announced via Twitter on Monday that he would be taking Bitcoin as part of his estimated $2.647 million annual wage.

MoneyGram

MoneyGram buys 4% stake in Bitcoin ATM operator

As a result of a Series A funding round, MoneyGram has invested a minority stake in crypto ATM operator Coinme. MoneyGram announced its investment in Coinme on Wednesday, saying it had acquired a 4% stake - likely more than $764K given the company's valuation in June of $19.1 million

Bitcoin

Bitcoin beats Gold, Crude Oil, and major equity markets in 2021

Bitcoin registered a return of 66.5% in 2021, but was far from the year's most profitable digital asset.

gold

For millennials, Bitcoin is like gold

For young investors, Bitcoin has replaced gold as a hedge against inflation, says a Wharton finance professor.

Department of Justice

U.S. Fed to recover stolen Sony money converted to Bitcoin

The U.S. Department of Justice filed a civil forfeiture complaint to recover over $150 million worth of embezzled bitcoins

Bitcoin

Bank of Canada: Bitcoin poses no big risks

According to Deputy Governor Paul Beaudry, cryptocurrencies are "quite detached from a financial system."

Bitcoin

Bitcoin surpasses PayPal in dollar transaction volume

Bitcoin's network handled about $489 billion per quarter in 2021, which is more than Paypal's $302 billion.

El Salvador

El Salvador will inaugurate a Bitcoin City backed by $1 billion of bonds

A number of prominent crypto companies are involved in the development of Bitcoin City.

MasterCard

Mastercard set crypto-enabled cards in motion across Asia-Pacific

Mastercard launched crypto-linked payment cards across the Asia-Pacific region on Tuesday, making a big splash in the digital asset market.

Coinbase

Coinbase customers can borrow up to $1 million with Bitcoin as collateral

The world's most valuable crypto exchange is now allowing its clients to borrow up to 40% of their Bitcoin value without checking their credit.

square

Square posts Q3 revenue of $1.81 billion from Bitcoin trading

The payments company reported profits of $42 million from its Bitcoin investments.

Tesla

Tesla keeps its Bitcoin in Q3

Despite the $1.31 billion decreases, the amount has been written off as "Bitcoin-related impairment."

Bitcoin

Bitcoin ETF trades over $1 billion on first day

Proshares Bitcoin Strategy ETF ($BITO) trade volume is the second-largest ETF debut of all time.

Facebook

Facebook's outage should give pause to CBDC projects

The world's most popular social network going down shows just how centralized social media has become, and resembles many of the same risks facing central bank digital currencies (CBDC).

Bitcoin

Institutional investors back Bitcoin amid a time of altcoin accumulation

Investment products backed by the pioneer crypto saw inflows for the third straight week, confirming institutional investors' return to digital gold.