US gov’t $590M Silk Road Bitcoin transfer to Coinbase unlikely to be sold — Analyst

Timothy Lane says the central bank is developing a CBDC at "a good pace.” 2228 Total views 17 Total shares According to an Oct. 15 report from The Canadian Press, the Bank of Canada, or BoC, deputy governor Timothy Lane said central banks should have their own digital currency ready should regulators block Facebook’s Libra…

Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity. 626 Total views 18 Total shares Many owners of precious Bored Ape Yacht Club (BAYC) and CryptoPunks NFTs, who used them as collateral to take out loans in Ether (ETH), have failed to repay their debts. The situation could lead up…

With the price of Bitcoin moving above $40,000 for the first time in weeks, the company could soon hold more than 100,000 BTC. 1765 Total views 8 Total shares Business intelligence company MicroStrategy has completed its $500 million offering of secured notes, and said it plans to use the proceeds to purchase Bitcoin.In a Monday…

Louisiana recently gave a shout out to Bitcoin’s success in a new resolution. 3758 Total views 22 Total shares Bitcoin has gained increasing levels of adoption over the past several months amid its rise past $60,000. Louisiana’s state government recently released a resolution in which it noted some of Bitcoin’s (BTC) accomplishments.“THEREFORE, BE IT RESOLVED…

Top U.S. banks JPMorgan Chase and Goldman Sachs could be talking their clients out of crypto, according to a wealth manager. 1049 Total views 26 Total shares JPMorgan Chase and Goldman Sachs are advising their clients against Bitcoin (BTC), according to one American wealth manager. Adam Pokornicky, chief operating officer at Digital Asset Investment Management (DAIM),…

WIF booked a double-digit rebound to outperform memecoins, Bitcoin and altcoins which remain in sell-off mode.

The German government officially has zero BTC left after weeks of dumping its reserves onto the market, suppressing the price.

South Korea’s Financial Supervisory Service (FSS) has advised local regulatory agencies and companies to work towards developing an integrated blockchain system for stock transactions, according to an official report published August 2. The FSS undertook a detailed analysis of international stock exchange operators’ use of blockchain technology to date, focusing on existing initiatives in the…