Bitcoin

Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services – CCN.com

Record Bitcoin Trade in Venezuela as Top Bank Launches Petro Services – CCN.com

Venezuelan President Nicolas Maduro is pushing for Petro adoption, but locals are buying bitcoin in record amounts. | Image: Shutterstock The largest bank in Venezuela, the state-owned Bank of Venezuela, appears to have launched services to facilitate transactions in the country’s state-issued oil-backed virtual currency, the Petro. According to Decrypt, Bank of Venezuela customers have…

Bitcoin Logo Scores Premier League Exposure to Millions Globally – CCN.com

Bitcoin Logo Scores Premier League Exposure to Millions Globally – CCN.com

Watford FC, a major English football club that finished 11th in the Premier League in the 2018-19 season, will be featuring the bitcoin logo every week for millions of football fans. Watford FC Chairman and CEO Scott Duxbury stated: Placing the Bitcoin logo on a Premier League shirt is something that challenges the accepted norm.…

VanEck’s Bitcoin Trust Flops With Only 4 BTC Under Management – CCN.com

VanEck’s Bitcoin Trust Flops With Only 4 BTC Under Management – CCN.com

VanEck’s recently launched BItcoin Trust is a total flop, based on initial investment interest. | Source: Shutterstock Following the divisive launch of a so-called “Limited ETF” from the fund manager VanEck, the crypto-focused offering has fallen short of impressive, citing just a single issuance of the instrument with a total of 4 BTC under management……

Bitcoin Beats the US Dollar: Rapper Akon Delivers Crypto Crash Course – CCN.com

Bitcoin Beats the US Dollar: Rapper Akon Delivers Crypto Crash Course – CCN.com

Senegalese-American Akon offers his take on bitcoin during a radio show. | Source: REUTERS/Thomas MukoyaSinger Akon has rubbished the common perception that cryptocurrencies such as Bitcoin are too volatile. Per the U.S. musician, crypto enjoys more stability relative to fiat currencies.Speaking in a radio interview on the Breakfast Club, Akon defended the volatility that Bitcoin…

SEC Warms to Bitcoin ETF Amid Price-Manipulation Fears – CCN.com

SEC Warms to Bitcoin ETF Amid Price-Manipulation Fears – CCN.com

SEC Chairman Jay Clayton suggests that a bitcoin ETF may be approved once price-manipulation concerns are addressed. | Source: REUTERS / Brendan McDermidSEC Chairman Jay Clayton says the agency is inching closer to finally approving a bitcoin ETF. However, he warns that more work needs to be done to deter price manipulation and ensure a…

3 Ways Bitcoin Is Quietly Growing Stronger – Every Single Day – CCN.com

3 Ways Bitcoin Is Quietly Growing Stronger – Every Single Day – CCN.com

The bitcoin price has been on a roller coaster. Despite the volatilty, the cryptocurrency is quietly growing stronger every single day. | Source: ShutterstockMany people believe that bitcoin will eventually fail because it is not backed by anything. What they don’t understand is that the cryptocurrency is backed by two precious resources: miner hash power…