Riot Exec Shares How BTC Strategic Reserve Can Aid US
Pierre Rochard, the Vice President of Research at Riot, has disclosed a three-step strategy for the US to utilize a BTC strategic reserve to support the economy. Pierre Rochard, the Vice President of Research at Riot Platform , a Bitcoin miner, recently disclosed how the BTC Reserve plan could facilitate the repayment of the United […]
Polymarket Partners with Moonpay to Enhance Payment Options
MoonPay’s integration with Polymarket allows bettors to wager funds from non-crypto vendors. Popular cryptocurrency betting site Polymarket is updating its system to manage the increase in bets brought on by the recent online excitement and the turbulent U.S. presidential election. Soon, customers can pay for bets using credit cards and bank transfers through Polymarket’s relationship […]
Citi Boosts Coinbase Shares Citing Shifting US Politics
According to Citi Group analysts, Coinbase shares are expected to be positively impacted by a prospective “crypto-friendly” administration. Citi , an investment bank, has raised its share price target for Coinbase, a cryptocurrency exchange. The bank attributes this increase to a “shifting” political landscape and a recent Supreme Court decision in the United States, which […]
US Spot Bitcoin ETFs See $17B YTD Net Flows
Eric Balchunas highlights the $17B net flows in US Spot Bitcoin ETFs as a key indicator of genuine demand and adoption, independent of price appreciation. Eric Balchunas, a Senior Bloomberg ETF Analyst, observed that this is the inaugural instance of the offering reaching this level. He believes that this figure is the most critical to […]
Global Bitcoin ATM Network Decreases by 334 Machines
In less than 40 days, the global network of active Bitcoin ATMs decreased by 334 machines, which coincided with the decline in Bitcoin prices. The 107 Bitcoin ATMs offline in June marked the conclusion of a 10-month trajectory of month-on-month increases in net installation. July further incited the reduction. On July 5, 227 crypto ATMs […]