WeWork has joined the growing list of large companies to begin accepting cryptocurrency payments. The global office-space provider announced that it partnered with Bitpay and Coinbase for “inbound and outbound” transactions. WeWork is a leading provider of workspace and environments for individuals and businesses, from freelancers to Fortune 500 companies. With more than 800 workspaces […]
With the ever-increasing adoption of Bitcoin (BTC) around the world, an inside source claims that the United States government is in the early stages of developing regulatory guidelines for the benchmark cryptocurrency and the cryptocurrency industry at large. One source told Charlie Gasparino, the host of FOX Business, that the impending regulation, led by treasury […]
The Ukrainian parliament, the Verkhovna Rada, has assumed a stiff stance against citizens who do not disclose their cryptocurrency holdings on their tax fillings. The bill, which passed with 283 votes out of 450 members, seeks to criminalize the evasive act and aims at fining or jailing offenders. According to the bill, domestic cryptocurrency investors […]
Bitcoin (BTC) traded through the week on very bullish momentum, as the benchmark cryptocurrency printed new record highs. However, traders woke up to a shocker on Sunday morning with over one million long positions liquidated, as BTC plunged by more than 16%. Weekends are usually less volatile as traders take a break away from the […]
AXA, a globally renowned insurance firm, has announced that its Switzerland clients can now pay for services through Bitcoin (BTC). The company noted that the newly-added payment support is in line with its “digital future” plan and emanated from high demand from customers. In 2019, AXA carried out a cryptocurrency-focused survey, where it quizzed people […]
With Coinbase getting set to launch its public listing on the Nasdaq tomorrow, investors are on the edge of their seats for what they hope could be a massive milestone for the adoption of Bitcoin (BTC) and cryptocurrencies in general. This event would be the first time in history a cryptocurrency exchange as big as […]
The race to launch the first Bitcoin (BTC) exchange-traded fund (ETF) in the US continues to intensify, as asset manager Kryptoin recently announced that it has re-filed for an ETF with the SEC. With Kryptoin reentering the race, the number of impending BTC ETFs with the SEC is now seven. The list includes Fidelity, First […]
New data from Glassnode, an on-chain analytics provider, revealed that Bitcoin’s average hash rate has crossed a daily average of 178 exahashes per second, a new all-time high. The benchmark cryptocurrency’s hash rate has been on a steady ascent since February, where it cleared the 150 EH/s round figure twice. Hashrate is generally regarded as […]
Bitcoin (BTC) has struggled over the past week to break the $60,000 resistance level, all to no avail. As the benchmark cryptocurrency continues to stall below the $60k mark, altcoins have taken charge and have driven the valuation industry higher, thereby causing Bitcoin to lose market dominance. The altcoin frenzy has seen some large-cap cryptocurrencies […]
