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Bitcoin News

'Black Swan' Author Nassim Taleb Advises to Stay Out of Bitcoin, Citing No Link to Inflation or 'Anything Economic'

‘Black Swan’ Author Nassim Taleb Advises to Stay Out of Bitcoin, Citing No Link to Inflation or ‘Anything Economic’ – Markets and Prices Bitcoin News

[ad_1] The famous author of The Black Swan, Nassim Nicholas Taleb, says investors should not buy bitcoin. To hedge against the current turbulent market, he advises buying stocks or real estate, emphasizing that bitcoin has no connection to inflation or “anything economic.” Nassim Taleb Advises Against Bitcoin Investing Nassim Nicholas Taleb, the famed author of […]

US House Passes Bill Mandating SEC and CFTC to Establish Working Group Focused on Digital Assets

US House Passes Bill Mandating SEC and CFTC to Establish Working Group Focused on Digital Assets – Regulation Bitcoin News

[ad_1] The U.S. House of Representatives has passed a crypto-related bill introduced by pro-bitcoin Congressman Patrick McHenry. It requires the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a working group focused on digital assets. Bill to ‘Ensure Collaboration Between Regulators and Private Sector’ on Cryptocurrency The U.S. House […]

Softbank-Backed Wework Adopts Crypto as Form of Payment and Holds in Treasury

Softbank-Backed Wework Adopts Crypto as Form of Payment and Holds in Balance Sheet – News Bitcoin News

[ad_1] Global space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with Bitpay and Coinbase for inbound and outbound transactions. In addition, the Softbank-backed company says it will also hold the currency on its balance sheet. Wework Dives Into Crypto Wework announced Tuesday several initiatives regarding […]

Biden Administration in 'Second Inning' of Developing Cryptocurrency Regulation — Treasury to Provide Direction to SEC

Biden Administration Developing Cryptocurrency Regulation — Treasury to Provide Direction to SEC – Regulation Bitcoin News

[ad_1] The Biden administration is reportedly developing a regulatory framework for the cryptocurrency markets. The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is waiting for direction from the Treasury to establish cryptocurrency regulation. New Crypto Regulation Being Developed by Biden Administration Fox Business’ Charlie Gasparino reported Monday that the Biden […]

OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread

OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread – Regulation Bitcoin News

[ad_1] Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some are assuming the hearsay stems from the recent Russian […]

Blockcap Mined $33M in BTC in First Quarter, Q1 Bitcoin Revenue Outshines US Competitors

Blockcap Mined $33M in BTC in First Quarter, Q1 Bitcoin Revenue Outshines US Competitors – Mining Bitcoin News

[ad_1] The Texas-based Blockcap Incorporated revealed the blockchain and mining firm has mined approximately 544 bitcoins during the first quarter of 2021. Blockcap says the $33 million worth of bitcoin stems from the firm’s fleet of 12,176 mining rigs. Blockcap Rakes in 544 Bitcoins During the last three months, bitcoin (BTC) markets have seen phenomenal […]