Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’

Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events 'Put Some Stablecoins to the Test'Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, and the firm is offering “zero […]

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Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics ‘for Research on Banks and Financial Crises’

Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics 'for Research on Banks and Financial Crises'Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in the economy, particularly during financial crises.” Many people, however, blame Bernanke for getting us “to the brink of collapse and under a mountain of […]

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New SEC Filings Give the Impression US Regulators Approved a Bitcoin Futures ETF

New SEC Filings Give the Impression US Regulators Approved a Bitcoin Futures ETFThe price of bitcoin jumped over 8% during the last 24 hours after a number of documents stemming from the U.S. Securities and Exchange Commission’s (SEC) web portal indicated that the Proshares Trust exchange-traded fund (ETF) could be listed as soon as next week. Proshares filed a post-effective amended prospectus on Friday that shows the […]

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Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements

Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation StatementsFollowing a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August 10, the wealth manager Vaneck filed an application with the SEC […]

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Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 Billion

Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 BillionDigital currency markets have seen decent gains this weekend as bitcoin touched another all-time high (ATH) on Saturday afternoon. Meanwhile, a number of other crypto assets have seen significant price rises as well, as the entire market capitalization of all 7,500+ digital currencies in existence is hovering above the $800 billion mark. The $800 Billion […]

The post Crypto Economy Spikes More Than 11%, Entire Market Cap Captures Over $800 Billion appeared first on Bitcoin News.

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Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded Note

Asset Manager Vaneck Launches Physically-Backed Bitcoin Exchange-Traded NoteOn November 25, the asset manager Vaneck announced the launch of an exchange-traded product (ETP) called the “Vaneck Vector Bitcoin ETN.” The exchange-traded note is physically-backed by bitcoin and listed on the trading exchange Deutsche Böerse Xetra. The newly listed Vaneck bitcoin ETN provides investors with the opportunity to buy and sell the ETN, and […]

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Breaking Bitcoin: Crypto Proponents Discuss Honeywell’s 6 Qubit Quantum Computer

Breaking Bitcoin: Crypto Proponents Discuss Honeywell's 6 Qubit Quantum ComputerOn June 19, 2020, the massive industrial firm Honeywell told the public the company is now running a quantum computer that effectively leverages six effective quantum bits, or qubits. Honeywell’s machine is two times more powerful than the quantum computers designed by IBM and Google. With Honeywell revealing the new quantum computer, skeptics have already […]

The post Breaking Bitcoin: Crypto Proponents Discuss Honeywell’s 6 Qubit Quantum Computer appeared first on Bitcoin News.

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