Tag: Bitcoin

Machankura, the South African SMS-based service named after the local slang word “money,” is bridging the gap between Bitcoin and people without internet access. Kgothatso Ngako, the developer of the service, believes that due to this new technology, people in Africa will be able to receive and spend Bitcoin without the need for an internet…

BlackRock announced Thursday the launch of a private trust that will hold Bitcoin and seek to track the asset’s performance, with Coinbase serving as the trust’s custodian. The news marks a giant leap forward in Bitcoin’s institutional adoption, which brought out a flurry of bold calls. This development comes one week after BlackRock announced a…

There are numerous new types of jobs since the internet first gained popularity. Bitcoin will experience a similar growth trajectory as more jobs are created. We haven’t even begun to scratch the surface of potential Bitcoin jobs — Peter Conley, a contributor for Bitcoin Magazine, writes in his opinion editorial. How big can Bitcoin jobs,…

Leading derivatives marketplace CME Group is set to offer its first euro-denominated Bitcoin and Ether futures on August 29 after its crypto derivatives posted record open interest volumes in Q2 2022. CME Group executive revealed that Europe, the Middle East and Africa region accounts for 28% of total BTC and ETH futures contracts traded. As…

Risk-mitigated approaches to crypto could offer the benefits of holding it but with less downside, writes Christopher Robbins on CoinDesk. The key to long-term investing success in cryptocurrencies is really no different than it is for investing in any other growth-oriented, volatile asset class: Time in the market beats timing the market. The problem is…

Elon Musk’s Tesla revealed that it had sold 75% of its Bitcoin coin because it was concerned about “overall liquidity” due to COVID-19 lockdowns uncertainties in China. This February, Tesla was holding nearly $2 billion in Bitcoin. On June 20, The Tesla team announced this statement in the company’s second quarterly meeting. While looking more…