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Out of All the American States Study Shows Hawaii Expressed the Most Crypto Demand This Year

A report published by the independent marketing intelligence company, Miq Digital, explains that Hawaii has seen the most crypto demand of all the states in the U.S., with a 687% increase since 2020. As far as increased cryptocurrency demand since last year, Nevada,...

Miami Mayor Tries to Entice China’s Bitcoin Miners — ‘We Want You to Be Here’

Miami's Mayor Francis Suarez told the press on Thursday that his city was open to bitcoin miners from China who are flocking to find new homes. Suarez says he hasn't actually talked to any miners from China but said he wants them to know the opportunity is there....

Over 3,000 ATMs in Beijing Offer Digital Yuan Withdrawals

Leading Chinese banks have introduced digital yuan withdrawals at more than 3,000 ATM locations in Beijing. Residents of the capital city will now be able to exchange their e-CNY funds for cash and vice versa. Some of the teller machines are located in a popular...

Goldman Sachs to offer Bitcoin futures trading in partnership with Galaxy Digital

Goldman Sachs has debuted a Bitcoin (BTC) futures trading product for its client in collaboration with crypto investment giant Galaxy Digital.According to CNBC, the move marks the first time the Wall Street bank has partnered with a digital asset-based liquidity...

Bitcoin price falls below $37K amid little hope of a definitive weekend bounce

Bitcoin (BTC) broke below $37,000 during trading on June 18 in the latest short-term bearish sign for hodlers.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers no match for BTC bearsData from Cointelegraph Markets Pro and TradingView tracked BTC/USD as...

Spain’s BBVA Opens Bitcoin Trading to All Private Banking Clients in Switzerland

Spain’s second-largest bank, BBVA, is opening up its bitcoin trading and custody service to all private banking clients in Switzerland in a few days. The bank has been testing the cryptocurrency service for six months. “The bitcoin management system is fully...

Spain’s BBVA Opens Bitcoin Trading to All Private Banking Clients in Switzerland

Spain's second-largest bank, BBVA, is opening up its bitcoin trading and custody service to all private banking clients in Switzerland in a few days. The bank has been testing the cryptocurrency service for six months. "The bitcoin management system is fully...

Joining the ranks: Bitcoin’s correlation with gold and stocks is growing

Bitcoin (BTC) is an uncorrelated asset, or so the narrative used to go. For much of Bitcoin's lifetime, it existed as something of value to a very small group of people. Now, awareness and demand are accelerating rapidly. So, what does this mean for the status of BTC...

Joining the ranks: Bitcoin’s correlation with gold and stocks is growing

BTC used to be an uncorrelated asset, but that’s no longer the case. What can gold and stocks suggest about the crypto markets? Read More - Cointelegraph.com News

Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

China's crackdown on Bitcoin (BTC) mining may have unintended benefits for BTC price action, one analyst suggests.In a tweet on June 18, Charles Edwards, CEO of investment firm Capriole, argued that the Chinese miner exodus was already lowering Bitcoin's potential...

Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows. Read More - Cointelegraph.com News

Nestree Launches a Reward-Based Digital Commerce “Nestree Mall”

PRESS RELEASE. A South Korean blockchain-based community messenger "Nestree" has announced that it is launching an innovative and cutting-edge reward-based digital commerce platform called "Nestree Mall'. Nestree Mall is part of the roadmap of the blockchain platform...

Nestree Launches a Reward-Based Digital Commerce “Nestree Mall”

PRESS RELEASE. A South Korean blockchain-based community messenger “Nestree” has announced that it is launching an innovative and cutting-edge reward-based digital commerce platform called “Nestree Mall’. Nestree Mall is part of the roadmap of the blockchain platform...

Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

According to regional reports, bitcoin miners in Sichuan have been told by the Ya'an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it's estimated that a large demographic of miners are...

Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are...

Over 3,000 ATMs in Beijing can now convert digital yuan into cash

China continues apace with the adoption of its central bank digital currency (CBDC) as major banks launch a significant batch of digital yuan-powered ATMs.The digital yuan -- a CBDC controlled by The People's Bank of China -- is now available for deposit and...

Over 3,000 ATMs in Beijing can now convert digital yuan into cash

The Agricultural Bank of China previously debuted digital yuan ATMs this January. Read More - Cointelegraph.com News

Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients

Banco Bilbao Vizcaya Argentaria (BBVA) -- Spain's second-largest bank -- is set to offer Bitcoin (BTC) trading and custody services in Switzerland.According to a release issued on Friday, BBVA Switzerland will begin Bitcoin trading for all private banking clients...

Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients

BBVA Switzerland will soon begin offering Bitcoin trading to private banking clients while not providing any advisory services on crypto investments. Read More - Cointelegraph.com News

Bitcoin pinned below $38K as investors stash record $756 billion with Fed

Bitcoin (BTC) suffered as investors moved a record amount of cash in Federal Reserve's overnight facility after the central bank started paying interest on the money.The U.S. central bank received $756 billion via its reverse repurchase program from nearly 70 market...

Bitcoin pinned below $38K as investors stash record $756 billion with Fed

Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse repurchase program. Read More - Cointelegraph.com News

Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners

With Bitcoin (BTC) mining concentration expanding in North America, Miami mayor Francis Suarez is looking to position his city as a hub for crypto mining activity.Speaking to CNBC on Thursday, Mayor Suarez said he is inviting foreign mining companies to consider...

Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners

Mayor Francis Suarez wants to make Miami a Bitcoin mining hub by offering the city’s cheap, clean nuclear energy supply. Read More - Cointelegraph.com News

Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin

Russian industrial tycoon Oleg Deripaska is the latest figure to criticize the Bank of Russia's stance on cryptocurrency regulation in the country.Deripaska took to his official Telegram channel on Thursday to blast the Russian central bank for pressuring the crypto...

Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin

Russia needs to move to Bitcoin to provide a “real financial instrument enabling independence in foreign trade settlements,” Deripaska argued. Read More - Cointelegraph.com News