Wednesday Bitcoin hit a new all-time high as investors acclaimed the successful launch of the first US Bitcoin futures exchange-traded fund (ETF). According to Coin Metrics, the world’s largest cryptocurrency surged 4%, passing the $66,900 level, topping a previous record of $64,899 set in mid-April. However, JPMorgan strategists believe the key driver behind the price…
Jack Dorsey wants to build a single system that can improve accessibility to Bitcoin mining and further decentralize the BTC network. According to Twitter and Square CEO, his new Bitcoin mining system would be ‘more decentralized’ and accessible to individuals and businesses around the world. Dorsey revealed his intentions in a series of tweets posted…
The Trescon World Blockchain Summit was held in Dubai to discuss blockchain and cryptocurrency. The conference was composed of a prominent lineup of different speakers from the crypto sector. OMAR C, the CEO of ZB and one of the speakers in this Trescon WBS event, expressed optimistic thoughts about the future of Bitcoin. For two…
Bitcoin surged above $60,000 for the first time in six months on Friday, pushing the digital coin further toward its all-time high, as traders speculated US regulators would approve the launch of the first Bitcoin futures exchange-traded fund (ETF). The world’s biggest cryptocurrency rose 6% to its highest level since Apr. 17 at $61,488.41, according…
Bakkt, a crypto marketplace and custodian, announced Monday a partnership with Google to extend the “reach and usability of digital assets to meet rapidly evolving consumer demand.” Bakkt users will now be able to add their virtual Visa Debit cards into Google Pay, providing the ability to pay in crypto at a variety of online…
Amid the Dubai Expo 2020, many crypto and blockchain events are being held in Dubai right now. From now till the end of 2021, the series of events keep coming. The United Arab Emirates (UAE), especially Dubai, is known for its friendly position in the crypto and blockchain spaces. Dubai has rapidly become a city…