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 […]
Last week came with an immense bullish momentum for Bitcoin (BTC) and the entire cryptocurrency market, which came just a few points from hitting the $2trillion valuation mark. The bull market also saw Ethereum (ETH) and Binance Coin (BNB) break new record highs, while Bitcoin struggled with the $60k region. At press time, Bitcoin is […]
Goldman Sachs has announced that it will be offering its private wealth management clients exposure to Bitcoin (BTC), Bitcoin derivatives, other cryptocurrencies, and traditional investment vehicles. The bank noted that the new investment option would be available to its wealthy customers in the next three months. Clients will get educated about blockchain technology and the […]
Bitcoin (BTC) traded in a constrained manner over the past weekend but has unexpectedly broken out of its range and is now headed for higher bullish targets. According to some analysts at CryptoQuant, there might be a few fundamental factors behind the recent rise. One of the factors highlighted by the analysts was the recent […]
Argo Blockchain has announced its plans to construct the world’s first clean energy Bitcoin (BTC) mining pool. The London-based company revealed that it was partnering with DMG Blockchain Solutions to carry out the pioneering task. The environmental concerns of Bitcoin mining activities have always been a concern for many critics, given the hefty electrical requirement […]
