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US Government at a Loss of $9.9 Billion Due to Auctioning of Bitcoin

US Government at a Loss of $9.9 Billion Due to Auctioning of Bitcoin

The US Government has forfeited as much as $9.9 billion in gains from its Bitcoin auctions.

Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat

Institutional Trade-at-Settlement Product for Spot Bitcoin to be Developed by Blockfills and Tassat

Tassat and Blockfills partner with eachother to create an institutional Trade-at-Settlement (TAS) product for spot bitcoin (XBT/USD), which will expectedly to be open in the market for traders in mid-December.

Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors

Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors

Regulated bitcoin futures provider Bakkt and Galaxy Digital’s trading arm seek to cater to the rising institutional demand for Bitcoin. The two firms have just developed a new service targeting institutional investors looking to purchase and store Bitcoin.

Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020

Ripple Sees 1760 Percent Increase in Institutional Over-the-Counter Sales of XRP in Q2 2020

Ripple reported an increase in over-the-counter (OTC) sales of its XRP cryptocurrency in the second quarter of 2020, totaling $32.55 million, compared to $1.75 million in Q1 2020.

MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin

MicroStrategy Sells Off Convertible Debt Worth $1.05 Billion To Purchase More Bitcoin

MicroStrategy announced that it completed a sale of convertible senior notes worth $1.05 billion to acquire more Bitcoins.

Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction

Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction

Crypto art being bought and sold as ERC-721 non-fungible tokens (NFT) has been making headlines based on the record-breaking sales being witnessed.

Leading Musicians Continue to Fight with Blockchain in Battle Against Piracy

Leading Musicians Continue to Fight with Blockchain in Battle Against Piracy

In recent years studies have shown that there has been a sharp decline in album sales net revenue, due to online piracy and illegal creation or sharing of property righted materials.

Square’s Cash App Q3 Report Attributes 80% of $2 Billion Revenue to Bitcoin

Square’s Cash App Q3 Report Attributes 80% of $2 Billion Revenue to Bitcoin

Square’s Cash App Q3 report shows that Bitcoin has overtaken all other revenue sources and accounts for 80% of its entire $2 billion third-quarter revenue.

eToro Sees More Bitcoin Demands Than Supply, Set To Ration Bitcoin Sales

eToro Sees More Bitcoin Demands Than Supply, Set To Ration Bitcoin Sales

eToro has noted that it has more demand for Bitcoin (BTC) than its current supply can support and the possibility of rationing sales is high

Ripple Appeals to Court to Obtain Bitcoin and Ethereum Documents, Arguing Their Relevance to XRP

Ripple Appeals to Court to Obtain Bitcoin and Ethereum Documents, Arguing Their Relevance to XRP

Although the Securities and Exchange Commission has refused to hand over documents pertaining to Bitcoin and Ethereum, Ripple has been undeterred in their quest to gain access to them.

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives

Crypto Fund Managers Infuriated with UK Watchdog's Recent Ban on Crypto Derivatives

Crypto fund managers have released an angry response to the UK financial regulator's recent ban on the sales of crypto derivatives to retail consumers.

Fidelity Files for Bitcoin Fund After Validating Model Predicting BTC Price at $1 Million

Fidelity Files for Bitcoin Fund After Validating Model Predicting BTC Price at $1 Million

Peter Jubber, the president and director of digital funds at Fidelity filed for a new fund dedicated to Bitcoin with the US SEC.

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