The US’ largest grantmaker receives $274m in crypto donations November 16, 2021 As the world’s top digital assets flirt with new all time highs charities are receiving multi million dollar donations in crypto. Fidelity Charitable, the US’ largest grantmaker, has received more than $274m (£203m) in cryptocurrency contributions so far this year — nearly quadruple its prior record of $69m in 2017 according to a company spokesperson. [...]
Bitcoin drops below $60k for first time in fortnight November 16, 2021 The cryptocurrency markets are down this morning, with the prices of both Bitcoin and Ethereum dropping almost 10% over the past 24 hours.
No bitcoin believer: Bank of England rate setter warns of imminent danger of crypto assets November 16, 2021 A member of the Bank of England’s rate setting committee has warned the possibility of crypto assets derailing the financial system is ramping up. “The point at which [crypto assets] pose a risk is getting closer. I think regulators and legislators need to think hard about that,” Jon Cunliffe, deputy governor of financial stability at [...]
The crypto industry is a ‘two front war’ says Blockchain.com’s strategy lead November 15, 2021 Blockchain.com’s chief strategy officer called the crypto industry a ‘two front war’ in which traditional institutions are struggling to keep up with grassroots innovation. Charlie McGarraugh, joined representatives from Coinbase, GSR and Enigma Securities to discuss institutional access to the crypto market at the Digital Asset Summit. Speaking in London today McGarraugh of crypto exchange [...]
Crypto market briefly surpassed $3 trillion mark after Bitcoin and Ethereum highs November 15, 2021 Data from CryptoCompare shows that the price of Bitcoin hit a new all-time high last week, close to $69,000 but failed to breach the $70,000 barrier.
TradingView sees UK memberships grow 442% during pandemic November 15, 2021 Investment website TradingView has today reported a 442% increase in UK memberships since the start of the pandemic.
CBDCs will dominate the future of digital payments – Credit Suisse November 15, 2021 The head of distributed ledger technology for Credit Suisse believes that digital currencies backed by central banks (CBDCs) are the future of payments. Representatives from international banks and crypto projects Bitstamp and Fireblocks debated the future of electronic payments at the Digital Asset Summit – a crypto conference held in London today. “There’s a value [...]
Bitcoin pushes back to $66k after Taproot upgrade goes live November 15, 2021 Both Bitcoin and Ethereum were trading up today after BTC's long-awaited Taproot upgrade lifted crypto out of last week's slump.
Bitcoin’s long awaited Taproot upgrade has arrived November 14, 2021 The first major upgrade in four years is now live on the Bitcoin network, opening the door to greater privacy, security and scalability. Bitcoin has been making headlines all week after it approached the $70k mark for the first time and set a new all time high. Hype has been surrounding the world’s oldest cryptocurrency [...]
Cabital adds GBP payment method following BCB partnership November 14, 2021 Digital assets institution Cabital has partnered with BCB Group (BCB) to incorporate GBP to its list of payment methods.