The Rise and Rise of Bitcoin ATMs Continues as Circle K Adds Another 20
Canadian-owned American multinational chain of convenience stores Circle K has added Bitcoin ATMs to 20 of its convenience stores in the US. The ATMs at the company’s Arizona and Nevada stores can buy up to a limit of USD 20K a day through DigitalMint’s new link up with the chain. DigitalMint claims to be the […]
Study: Crypto Wealthy Still Prefer Exchanges to Wallets
Bitcoin is now cresting in the midst of a huge rally that seems to have no letdown in sight yet, and the attention must surely turn to the Bitcoin whales at some point, especially with regards to security and the safety of their funds. But strangely enough, current data from Binance Research seems to suggest […]
Federal Reserve Could Lift Bitcoin Towards $100,000
With the past two days seeing Bitcoin smash past — and stay well above — the psychological resistance level of USD 10,000, there are many analysts now scrambling to find a reason for the sustained rally. There will not be many, though, who might credit the US Federal Reserve. That’s not unusual of course, since […]
Novogratz Galaxy to Launch Crypto Options Contracts Trading
Mike Novogratz’s Galaxy Digital is planning to launch crypto options contracts trading as it joins the current market trend of moving towards derivatives trading. With more institution investments interested in cryptocurrency, Galaxy Digital has said that it is responding to inquiries from both crypto and non-crypto firms in hedging against crypto assets volatility, often a […]
Bitcoin Takes a Breather at $10,600 after Wild Weekend
Few people would have expected it after a slippery slide down in the first weeks of June, but the weekend has seen some of the biggest surges in Bitcoin price valuations in over a year. Even after yesterday’s eye-watering gains of 12% to USD 10,898, it continued to peak in the hours thereafter, recording a […]
Kaspersky Report: 19% of Global Population Bought Crypto Pre-2019
The Kaspersky Cryptocurrency Report 2019 released this month claims that 19% of people globally have purchased cryptocurrency. The claim is based on a survey conducted in October and November last year in which the results from 13,434 respondents in 22 countries were analyzed. Although these results are no way a reflection of the global population, they […]
Russian Ministry May Legalize Cryptocurrency Trading in the Country
Russian finance ministry (MinFin) has come on record and stated that it might look to legalize cryptocurrency trading in the country according to a post from Russian news service Interfax. While cryptocurrency trading is happening in the country under the wraps, there is no official regulation that governs the industry. The Deputy Minister of Finance […]
FATF Warns No Swiss Style Free Ride For Crypto Account Holders
U.S. Treasury Secretary Steve Mnuchin has compared the use of cryptocurrency to Swiss numbered bank accounts in a scathing attack on the industry. He was referring to the G7’s Financial Action Task Force (FATF) and its current second look at crypto in the face of the expectation that billions of people could hook up to […]
