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Automated Investment Service Firm Wealthfront Adds Support for Grayscale’s BTC, ETH Trusts

July 31, 2021 10% allocation, assets under management, AUM, automated investment operation, automated investment service firm, Bitcoin, BTC, Coinbase, crypto, Cryptocurrency exposure, ETH, ETHE, Ethereum, Finance, Financial Services, GBTC, Grayscale, Grayscale Investments, Robo-advisor, Wealthfront Eddy 0

On Thursday, the Palo Alto-based automated investment service firm, Wealthfront Inc., announced that customers can now get exposure to crypto assets via the company’s platform. The firm revealed that clients can choose from two Grayscale investment trusts, as the company now offers investments in the Grayscale Ethereum Trust (ETHE) and the Grayscale Bitcoin Trust (GBTC). […]

Are looming regulations putting an end to bitcoin’s ‘Wild West’ days?

July 30, 2021 Bitcoin, BTC, Legal, podcast, Podcasts, Policy, Regulation, The Scoop Eddy 0

Signs point to the looming specter of regulation slowly bringing the days of bitcoin and crypto’s “Wild West” to an end. The only question, perhaps, is if not now, then when? “We’re getting to a boiling point,” The Block’s Aislinn Keely told The Scoop. On this policy report episode of The Scoop, host Frank […]

Visa says crypto purchases during this spring’s price peak boosted cross-border volumes during fiscal Q3

July 30, 2021 Bitcoin, BTC, Companies, cross-border volume, Earnings, Payments and Banking, VISA Eddy 0

Earnings data from Visa indicates that this spring’s peak in the price of bitcoin and other cryptocurrencies had an impact on the payments giant’s cross-border transaction volume. The “bump” in volume was discussed during this week’s fiscal third-quarter earnings call with Visa executives. As Vasant Prabhu, Visa’s CFO, noted during the call (per a transcript) […]

Report Suggests Robinhood Owns Largest Dogecoin Address and Third-Largest BTC Wallet

July 30, 2021 3rd Largest BTC wallet, 5 Different Blockchains, Andrei, Armchair detectives, Armchair Sleuth, Bitcoin, BTC, DOGE Rich List, Featured, fireside chat, Largest Wallet, Mysterious DOGE wallet, Mystery DOGE address, Nasdaq: HOOD, redditor, Richlist, Robinhood, Robinhood CEO, third-largest, u/Andreifromalberta, Vlad Tenev Eddy 0

Last February the crypto community was obsessed with a specific dogecoin address that happens to be the largest dogecoin holder today with over 36 billion DOGE. One armchair sleuth studied a number of onchain transactions and suspected the company Robinhood owned the wallet. Now the individual has researched the topic again and claims the latest […]

Paypal Plans to Study Transactions That Fund Extremism, Anti-Government Groups

July 28, 2021 Aaron Karczmer, ACLU, Activists, ADL, Anti-Defamation League, anti-government, Bitcoin, Bitcoin (BTC), BTC, Censorship, Censorship Resistance, Debatable, Extreme, Extremism, Financial Blockade, Ira Glasser, Jonathan Greenblatt, libertarians, MasterCard, News, payments, Paypal, Pornhub, Rare Pepe, Sex Workers, Slippery Slope, transactions, VISA, Wikileaks Eddy 0

The payment processing giant Paypal has revealed it has partnered with the nonprofit organization the Anti-Defamation League (ADL). According to the announcement, Paypal is researching transactions settled on the payment network that allegedly fund hate groups and extremism. Paypal to Study Transactions With the Anti-Defamation League A report from Reuters notes that Paypal is studying […]

NYDIG is unleashing bitcoin financial products onto thousands of regional banks

July 28, 2021 banking, Bitcoin, BTC, Institutional, NYDIG, Payments and Banking, Podcasts Eddy 0

Access to bitcoin was once a case where “no one wants to be first, but everyone wants to be second”. Now, New York Digital Investment Group, or NYDIG, won’t stop until it’s able to put bitcoin within reach of every American. Patrick Sells, Head of Bank Solutions at NYDIG, explained during the most recent […]

Bitcoin rewards provider Lolli raises $10 million in Series A funding

July 28, 2021 Bitcoin, BTC, Funding, funding rounds, Lolli, series A Eddy 0

Crypto firm Lolli, which gives out free bitcoin to its users as a reward for shopping, has raised $10 million in a Series A funding round. The new round comes just four months after Lolli raised $5 million in a pre-Series A funding round. The Series A funding round was led by Acrew Capital, with […]

Bitcoin hits $40,000 for the first time this month – here’s why

July 27, 2021 BTC, News Eddy 0

Bitcoin topped $40,000 for the first time since June, but it has since recoiled to trade around $37,000. While Amazon accepting cryptos may have been the big announcement, there were other more significant price pushers. Bitcoin has hit the $40,000 mark for the first time in July. The top crypto topped at $40,499, pushing on […]

Bitcoin’s price rises above $40,000 for first time in over a month

July 26, 2021 Bitcoin, BTC, Markets Eddy 0

Bitcoin’s price rose above $40,000 on Monday, representing the first time the market has moved above that level since mid-June. At press time, the cryptocurrency is trading at $40,085 on Coinbase, up more than 17% in the past twenty-four hours. As noted in the chart below, bitcoin’s price last rose above $40,000 on June 16. […]

This Year’s Gallup Poll Findings Suggest 6% of US Investors Own Bitcoin

July 25, 2021 $6, 1000 Americans, american investors, Bitcoin (BTC), bitcoin investments, BTC, data, Equities, Gallup Investor Optimism Index, Gallup poll, interest in bitcoin, News, Polled Participants, report, Research, Stats, stocks, study, Survey, U.S. investors, young investors, younger generation, youth Eddy 0

Young U.S. investors are more interested in bitcoin investments than they were three years ago, according to a poll stemming from the Gallup Investor Optimism Index. This year’s poll surveyed 1,037 participants and findings suggest 6% of American investors own bitcoin. American Bitcoin Investors Increase by 4% in 3 Years The American survey and analytics […]

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