New Report: 50% of World’s Bitcoin Mined in China, 14% in the U.S.
Aug14

New Report: 50% of World’s Bitcoin Mined in China, 14% in the U.S.

New Report: 50% of World’s Bitcoin Mined in China, 14% in the U.S. Only around half (50%) of the world’s Bitcoin (BTC) is being mined within the borders of China. This data comes from a new report that was put together by the combined efforts of crypto asset management company Fidelity and crypto research firm BitOoda, who released it this July. According to researchers, the data was sourced from a variety of public sources, including...

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Bitcoin price to surge in tandem with gold on U.S.- China tensions
Jul27

Bitcoin price to surge in tandem with gold on U.S.- China tensions

Bitcoin is set to surge this week, securing its safe-haven status as U.S. – China tensions escalate, affirms the CEO of one of the world’s largest independent financial advisory and fintech organisations. The comments from Nigel Green, the chief executive and founder of the $12bn finance giant deVere Group comes as the price of Bitcoin rallied past $10,000 on Monday. Mr Green says: “Bitcoin, the largest and most influential...

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Bitcoin would rank as 8th largest bank globally with $169 billion in market capitalization
Jul20

Bitcoin would rank as 8th largest bank globally with $169 billion in market capitalization

Data gathered by Buy Shares indicates that Bitcoin would rank as the eighth largest bank globally with a market cap of $169.01 billion. The asset’s high cap correlates with its impressive 27.18% ROI on a Year-to-Date basis. Bitcoin beats traditional markets in ROI From the data, JP Morgan Chase’s cap of $433.5 billion, makes it the biggest bank in the world. Bitcoin would also rank lower than the Bank of America with a market cap of...

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Cashaa Hack: More than 300+ Bitcoin accumulated in Hacker Address
Jul13

Cashaa Hack: More than 300+ Bitcoin accumulated in Hacker Address

We have been notified that one of our employee wallets was hacked and funds were transferred to  14RYUUaMW1shoxCav4znEh64xnTtL3a2Ek.  All the crypto exchanges have been notified about the hacker address to block any Bitcoin coming from it. Investigating agencies including Delhi Police Cyber Crime department are already on the case. Please find the screenshot of the complaint filed with the authorities.  It appears to be a malware...

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Bitcoin’s last 5 years ROI is 70x higher than average return of five major indices
Jun29

Bitcoin’s last 5 years ROI is 70x higher than average return of five major indices

By Justinas Baltrusaitis Over the last few years, the stock market alongside cryptocurrencies have offered investors an opportunity to grow their money, however, the perfect option relies on the Return of Investment (ROI) value. Despite the uncertainty around cryptocurrencies, Bitcoin has surpassed expectations to register one of the highest ROI compared to traditional players. Data gathered by Buyshares.co.uk shows that over the last...

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CoinCorner comments on rumours around a possible new Bitcoin service by PayPal
Jun23

CoinCorner comments on rumours around a possible new Bitcoin service by PayPal

Danny Scott, CEO at CoinCorner, commented: “Rumours have been circulating that PayPal is rolling out a service that will allow its 325 million customers to buy and sell Bitcoin. “Until now, PayPal has seemingly shown no interest in Bitcoin – founding CEO, Bill Harris has even publicly denounced Bitcoin in the past. “However, PayPal did add Wences Casares (CEO of a Bitcoin exchange) to their board back in 2016 and now seem to...

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The Number of Bitcoin ATMs Jumped by 150% in Two Years and Hit Over 8,000 Globally
Jun16

The Number of Bitcoin ATMs Jumped by 150% in Two Years and Hit Over 8,000 Globally

Recent years have witnessed a surge in the number of Bitcoin ATMs, as one of the most convenient and quickest ways to buy and sell the leading cryptocurrency. According to data gathered by AksjeBloggen, the number of Bitcoin ATMs operating around the world jumped by 150% in the last two years, reaching more than 8,000 as of June. Bitcoin ATMs Locations Surge in 2020 At the beginning of 2016, there were only 500 Bitcoin ATMs in the...

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CoinCorner Launches UK First “Bitcoin Cashback” Service
Jun08

CoinCorner Launches UK First “Bitcoin Cashback” Service

CoinCorner, one of the UK’s leading Bitcoin exchanges, has recently launched a new service that will reward customers with Bitcoin when they shop online. The Bitcoin cashback service is the first-of-its-kind to launch in the UK and CoinCorner has partnered with more than 400 top UK retailers, including household names such as Burton, Twinings, Confused.com, Tails.com, Ninja, Royal Doulton, New Era, Morphy Richards and more, to enable...

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Bitcoin halving highlights crypto is part of mainstream finance: deVere CEO
May12

Bitcoin halving highlights crypto is part of mainstream finance: deVere CEO

Bitcoin’s historic halving event on Monday underscores that the “long-term future of cryptocurrencies is secure”, says the CEO and founder of one of the world’s largest independent financial advisory organisations. The comments from deVere Group’s Nigel Green come as the world’s supply of Bitcoin was forever slashed on Monday. The highly anticipated halving event, occurring only every four years, means that less and less Bitcoin –...

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Bitcoin halving could bring new wave of crypto investors, says eToro’s Simon Peters
May05

Bitcoin halving could bring new wave of crypto investors, says eToro’s Simon Peters

Bitcoin, the world’s best known and arguably most successful crypto, will undergo a halving on the 12th May. According to Simon Peters, analyst at investment platform eToro, the halving could not only see the price of bitcoin rise, as it has done following previous halvings, but it could also result in a whole new brand of crypto investors. The halving, which will be the third time it has happened on bitcoin, will see the block halve...

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Mode Banking sees Bitcoin trading volumes skyrocket during UK Lockdown
Apr09

Mode Banking sees Bitcoin trading volumes skyrocket during UK Lockdown

The London fintech behind the digital banking app that enables users to buy, store and earn interest on their Bitcoin holdings, Mode, has seen the volume of the cryptocurrency traded through its app increase by almost 1,000% in the last week of March compared to its average weekly trading volumes up until March. Ninety per cent of these trades were purchases. Mode’s users are mainly based in the UK. Mode’s surge in trading activity...

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Comment: Crypto markets recover after Fed and Senate bazooka
Mar26

Comment: Crypto markets recover after Fed and Senate bazooka

Christel Quek – Chief Commercial Officer, Co-Founder, BOLT.Global: “Cryptocurrency markets have begun to show signs of recovery following stark declines earlier in the month. Crypto markets seemingly received tailwind the past two days with massive stimulus being injected from the US. The Federal Reserve on Monday rolled out an extraordinary array of programs to support the US economy, while the US Senate on Tuesday came...

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Crypto Crimewave: Hundreds of victims blackmailed for bitcoin
Mar19

Crypto Crimewave: Hundreds of victims blackmailed for bitcoin

UK Police forces received a total of 562 reports of blackmail for bitcoin according to research from Parliament Street think tank throughout 2018 and 2019, according to official figures. The data, obtained via the Freedom of Information Act (FOI) provides an insight into the substantial amount of crimes involving the bitcoin, widely believed to be the most popular cryptocurrency. A total of 13 police forces gave responses to the...

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Bitcoin’s 24h Trading Volume is 2x Higher than Apple’s at $41bn
Mar11

Bitcoin’s 24h Trading Volume is 2x Higher than Apple’s at $41bn

Data gathered by Insidebitcoins.com indicates that Bitcoin trading volume for the last 24 hours is now double that of tech giant Apple. From the data Bitcoin, last recorded trading volume was $41.261 billion an equivalent of 5,259,812 BTC while Apple’s trading volume was $20.235 billion. What Bitcoin’s large trading volume means for the crypto sector Apple’s trading volume was arrived at by multiplying the number of shares (71.323...

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What does good fintech innovation look like?
Mar11

What does good fintech innovation look like?

The words “Fintech innovation” have been tossed around all over the world lately, with very little understanding as to what they mean, what they accomplish and who is truly integrating them in their local economy. Recently, these two words have been hijacked by the blockchain technology. Almost everything regarding fintech is now somehow involved with cryptocurrencies as they are labeled as the biggest innovation this sector has ever...

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India’s Supreme Court lifts ban on cryptocurrency trading – paves way for blockchain innovation
Mar05

India’s Supreme Court lifts ban on cryptocurrency trading – paves way for blockchain innovation

“We have received a positive development from India, with the country’s Supreme Court reversing a two year ban on cryptocurrency trading. When the Indian central bank, the Reserve Bank of India, had banned crypto trading to “ring-fence” the financial systems against virtual currencies, it effectively stifled the blockchain and crypto innovation in the country. While countries world over have been investing in developing digital tokens...

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Bitcoin hits $10000 – comment from eToro
Feb16

Bitcoin hits $10000 – comment from eToro

Iqbal Gandham, UK Managing Director at eToro, one of the largest cryptocurrency retailers in Europe, commented: “Hitting $10k demonstrates the renewed energy in the crypto market, as it shakes off some of the volatility from the start of the year. Recent market jitters has led some commentators to suggest that we were witnessing the start of a continual slide. But we believe we have turned a corner, particularly off the back of news...

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Cryptocurrency Investments and Blockchain Trends will be discussed at Blockchain & Bitcoin Conference Thailand
Feb09

Cryptocurrency Investments and Blockchain Trends will be discussed at Blockchain & Bitcoin Conference Thailand

On March 6, Bangkok will host a large-scale international conference on blockchain, cryptocurrency and ICO – Blockchain & Bitcoin Conference Thailand. The event will be held at the five-star hotel Pullman Bangkok Grande Sukhumvit. Leading experts of the cryptocurrency sector from Thailand, as well as international experts from other countries will speak at the conference. Names and topics of the seven speakers are already known....

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Bitcoin volatility | Gemalto comments on Bitcoin Bubble
Feb08

Bitcoin volatility | Gemalto comments on Bitcoin Bubble

Joe Pindar, Director of Product Strategy, Gemalto: “The meteoric rise of bitcoin couldn’t last forever, and the sudden fall followed by growth less than 24 hours later highlights that the currency is still volatile. Whilst it’s anyone’s guess as to when the bubble will burst, there is no doubt that it still needs to find its true value in the market. “It reminds me of what happened in 1999 with the dot-com bubble, which companies like...

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Bitcoin crashes nearly 20% as Investors flee into Gold
Jan19

Bitcoin crashes nearly 20% as Investors flee into Gold

Leading gold coin and bullion online retailer, coininvest.com claims the gold market has gone crazy this week as cryptocurrency crashes nearly 20 per cent. As of yesterday, 17th January, coininvest.com has seen a five-fold turnover of bitcoin related purchases compared to the usual order flow. This comes at a time when Bitcoin has seen more than 40 per cent off its price in a month, with the trend reflecting an emerging pattern of...

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Paxful #BuiltwithBitcoin Unleashes Crypto-powered Philanthropy
Jan17

Paxful #BuiltwithBitcoin Unleashes Crypto-powered Philanthropy

Bitcoin Marketplace Joins with Zam Zam to Build Rwandan School Paxful launched #BuiltwithBitcoin, a charitable program that encourages the cryptocurrency sector to contribute funds for humanitarian projects.  The company launched the initiative by donating $50 thousand in bitcoin for the construction of a new Rwandan nursery school. Non-profit organization Zam Zam is the implementation partner for the program. “One of our key goals is...

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Move aside Bitcoin and remember why you are here – BTL Insights
Jan11

Move aside Bitcoin and remember why you are here – BTL Insights

As 2018 dawns it is hard to see the mania of 2017 around cryptocurrencies dwindling. More and more businesses are looking to do an asset raise via the creation of a crypto and of course the “blue-chip” crypto, Bitcoin, remains firmly in many headlines. The debate as to whether we are in a bubble fit to burst or not will continue and that debate will only get more heated if Bitcoin makes another attempt at breaking $20,000....

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Coutts Views: Bitcoin believers versus Sceptics
Jan09

Coutts Views: Bitcoin believers versus Sceptics

Bitcoin believers versus sceptics Bitcoin fever is being called both an epochal step change that will positively transform the world of finance for ever and a speculative bubble that will inevitably end in tears. The volatility in Bitcoin’s value is representative of the conflict between these points of view. At the heart of the debate is the idea that the cryptocurrency derives its value from its use as a payment system – a new and...

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Mogo to Make Buying Bitcoin Simple and More Accessible for Canadians
Jan03

Mogo to Make Buying Bitcoin Simple and More Accessible for Canadians

Mogo Finance Technology Inc. today announced that it plans to bring a new level of convenience and transparency to bitcoin ownership for all Canadians. With the planned launch of MogoCrypto in the first quarter of 2018, MogoMembers will be able to easily buy and sell bitcoin through their MogoAccount.   “For the average Canadian, buying bitcoin today can be complicated, intimidating and costly, but it shouldn’t be...

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Bitcoin Price Fall – Comment from eToro
Dec22

Bitcoin Price Fall – Comment from eToro

Iqbal Gandham, UK Managing Director at eToro, one of the largest cryptocurrency retailers in the UK, commented: “Big falls in the price of Bitcoin are inevitable, as are steep rises. Whilst this drop will feel dramatic, it’s only brought us back to the price of Bitcoin in November. A month is a long time in cryptocurrencies. The fall will be driven by some investors, having made significant returns across the year, converting into...

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