Wells Fargo Now Offers Bitcoin & Crypto Exposure To Wealthy Clients

Business Insider reports that wealthy Wells Fargo clients can now get Bitcoin & crypto exposure through the bank.High-net-worth Wells Fargo clients can now get Bitcoin & crypto exposure, a company spokesperson informed Business Insider, making Wells Fargo the latest in a long line of traditionally conservative financial institutions to venture...

6h

Bull Bitcoin’s Pleb.Hodl On The Importance Of Orange Pills

Pleb.Hodl, Bull Bitcoin’s new head of marketing, discussed his rabbit hold journey and the importance of welcoming precoiners.Watch This Episode On YouTubeListen To This Episode:BitcoinTVAppleSpotifyGoogleLibsynOvercastIn this episode of Bitcoin Magazine’s "Meet The Taco Plebs," I sat down with Bull Bitcoin’s newest head of marketing, Pleb.Hodl (@btcplebeian...

8h

Hodl Hodl Resurfaces With Explanations After Announcing Forced Liquidations, Lacking Communication

After arousing confusion with incomplete communication and forced liquidations on lending contracts, Hodl Hodl explains what happened.On August 1st, peer-to-peer bitcoin trading and lending platform Hodl Hodl tweeted that the company was upgrading its security measures and contacting users individually through email. A few hours later, the firm shared...

8h

COC#3: Squeezed Supply, Shorts and Bitcoin Lemonade

This third edition of Cycling On-Chain takes a closer look at bitcoin’s ongoing supply squeeze and recent short squeeze.Cycling On-Chain #3: LemonadeDilution-proof, August 1, 2021Cycling On-Chain is a monthly column that uses on-chain and price-related data to better understand recent market movements and estimate where we are in bitcoin’s larger market...

9h

Voyager Ventures Into Digital Payments With New Acquisition, But Should Focus On Bitcoin

Voyager acquired Coinify, but their focus on stablecoins might leave their customers behind while Bitcoin walks toward full monetization.New York-based bitcoin and cryptocurrency trading platform Voyager announced today the acquisition of Coinify, a cryptocurrency payment platform with customers in over 150 countries, for $85 million. But their focus...

10h

Fortune 500 Financial Firm NCR to Acquire Bitcoin ATM Operator LibertyX

U.S. financial services firm NCR Corporation has announced an agreement to acquire LibertyX, a Bitcoin ATM operator launched in 2014.Public U.S. financial services firm NCR Corporation has announced an agreement to acquire LibertyX, a Bitcoin ATM operator launched in 2014.Revealed via a press release Monday, the company said the acquisition will “accelerate”...

10h

The Price Of Bitcoin Surged To $40,000 Despite Headwinds

There are various things occurring that many may consider bearish; it appears that bitcoin just doesn’t care.Last Week In Bitcoin is a series discussing the events of the previous week that occurred in the Bitcoin industry, covering all the important news and analysis.Summary Of The WeekWe’re back in the 40s, baby! Bitcoin spent most of the week hovering...

11h

Bank Of America Sees Opportunities With El Salvador’s Bitcoin Adoption

BofA sees four upsides to Bitcoin adoption in El Salvador, including remittances, financial digitalization, and foreign investments.Nayib Bukele, President of the Central American country El Salvador, tweeted yesterday screenshots of an economic viewpoint report by the Bank of America (BofA). Along with detailing why the bank is constructive on the...

12h

Casa Launches Dollar Cost Average Bitcoin Buying Service

Casa is launching a product that allows users to purchase Bitcoin via automatic bank payments that are then sent straight to a user’s multisig wallet.Bitcoin security services startup Casa is launching a product allowing users to dollar-cost average (DCA) into Bitcoin, purchasing BTC via automatic bank payments that are then sent straight to a user’s...

15h

Marathon to Invest $120 Million In 30,000 New Bitcoin Miners

Marathon Digital Holdings, Inc. announced today it will purchase 30,000 additional bitcoin miners for $120.7 million.One of the largest bitcoin mining companies in North America, Marathon Digital Holdings, Inc., announced today it will purchase 30,000 additional Antminer S19J Pros for $120.7 million. The new machines are expected to ship between January...

15h