Director of Research Ria Bhutoria writes that the crypto’s current market has a high growth potential … [Read more...] about Fidelity Investments: Bitcoin market cap could expand by over $1 trillion
Canadian restaurants chain Tahinis converts all its cash reserves into bitcoin
The company plans to keep its entire savings in cryptocurrency unless there’s need for fiat … [Read more...] about Canadian restaurants chain Tahinis converts all its cash reserves into bitcoin
Over $50 billion moved from China via cryptocurrency in a year
Digital assets help Chinese citizens bypass capital control laws. Stablecoins, like Tether, are used most commonly. … [Read more...] about Over $50 billion moved from China via cryptocurrency in a year
JPMorgan: young investors have flooded into bitcoin during the pandemic
More funds have poured into the cryptocurrency market and precious metals … [Read more...] about JPMorgan: young investors have flooded into bitcoin during the pandemic
Swiss Basler Kantonalbank to offer cryptocurrency investments
The bank clients will be able to store and trade digital assets via a subsidiary next year … [Read more...] about Swiss Basler Kantonalbank to offer cryptocurrency investments
Australians can now buy bitcoin at over 3,500 post offices
Australian residents can now purchase bitcoin at more than 3,500 national post offices. The new service launched by Bitcoin.com.au is aimed at promoting cryptocurrencies to mainstream audiences, alongside established businesses and organizations. … [Read more...] about Australians can now buy bitcoin at over 3,500 post offices
Bloomberg analyst expects bitcoin price to double to $20k this year
Bloomberg analyst Mike McGlone says that all signs point to Bitcoin going on the major bull run in 2020. … [Read more...] about Bloomberg analyst expects bitcoin price to double to $20k this year
In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh
Electricity consumed by bitcoin network has been constantly and noticeably increasing. During the past years the consumption reached such big a scale, that it can be compared to electricity consumption of some countries, according to BlockchainAnalytics.pro research. … [Read more...] about In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh