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PayPal Flags Payments for Using Word 'Iran' Pushes The Need of Bitcoin

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PayPal Flags Payments for Using Word 'Iran' Pushes The Need of Bitcoin
BeInCrypto
 Published Few hours ago
PayPal Flags Payments for Using Word 'Iran' Pushes The Need of Bitcoin 
PayPal and Venmo have been flagging and freezing transactions with certain keywords in the description, pushing users to start using Bitcoin. Following an issue by Jewish Currents magazine, which discovered its paychecks to staff were being held by PayPal because the word “Iran” was included in the description, it has emerged that certain words are being flagged by the payments company — something that is not seen when using Bitcoin. Read Full on BeInCrypto

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Bitcoin Is Trending in China
twitter
 Published Few hours ago
Bitcoin Is Trending in China 
Although China seems hostile towards cryptocurrencies, its citizens still seem to be following it closely. As Bitcoin (BTC) broke past $10,000, it is trending once again in China. The leading cryptocurrency is the 4th hottest topic On Chinese microblogging website Weibo, one of the biggest social media platforms in China, with over 445 million monthly active users. It seems that the world is once again paying attention to Bitcoin now that it has broken past this milestone yet again. Read Full on twitter

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VanEck Says Institutions Should Hold Small Portion of Bitcoin
Cointelegraph
 Published Today
VanEck Says Institutions Should Hold Small Portion of Bitcoin 
Investment management firm VanEck suggests that institutional investors should allocate a small percentage of their capital into Bitcoin. Per the report, Bitcoin may enhance the risk and return reward profile of institutional investment portfolios. Among all the portfolios considered by VanEck, the highest return was the one which had 3% in Bitcoin. VanEck also claims that BTC can become digital gold given its scarcity, monetary value and ease of transfer. Researchers also admit that Bitcoin has the potential to become a currency. Read Full on Cointelegraph

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UK’s FCA is Looking for 'Crypto Experts'
thenextweb
 Published Today
UK’s FCA is Looking for 'Crypto Experts' 
The United Kingdom’s FCA is looking for crypto experts as part of their latest efforts to regulate digital currencies operating in the UK. The UK’s financial conduct authority posted a job role on LinkedIn, calling for someone with experience working with crypto assets, distributed ledgers, blockchains and other relevant financial experience to help the organization expedite its aims of bringing more supervision and regulatory oversight to the cryptocurrency industry. Read Full on thenextweb

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Bitcoin Futures premium double; institutions poised for upheaval
AMBCrypto
 Published Today
Bitcoin Futures premium double; institutions poised for upheaval 
According to a recent report by Arcane Research, derivatives traders, both on institutional friendly and retail heavy platforms are expecting a price increase in the next few months, based on the contracts’ premiums. Across both categories, in the short term, the outlook is bullish. The annualized premiums for contracts expiring in February and March are well above 20 percent. To put that in perspective, since the close of October, the average premium for CME contracts was 10 percent. Read Full on AMBCrypto

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Top 5 Cryptos This Week (Feb 9): XTZ, BNB, BSV, ETH, LINK
Cointelegraph
 Published Today
Top 5 Cryptos This Week (Feb 9): XTZ, BNB, BSV, ETH, LINK 
Tezos (XTZ) is the top performer of this week with a rally of above 40%. Binance Coin (BNB) has made an entry into the top performers’ list after a long time. Bitcoin SV (BSV) completed a scheduled upgrade named Genesis, which has removed the default hard cap for block sizes. Ether (ETH) rallied about 17% in the past seven days and turned out as the fourth-best performer. Chainlink (LINK) rounded up the top 5 performers with a move of about 15% in the past seven days. Read Full on Cointelegraph

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ins
German Banks Requesting to Custody Bitcoin, Ethereum and XRP: Report
The Daily Hodl
 Published Today
German Banks Requesting to Custody Bitcoin, Ethereum and XRP: Report 
Government officials in Germany say several banks have filed a request to launch a digital asset custody business now that Bitcoin, Ethereum, and XRP are legal for banks to hold. BaFin, the nation’s financial regulator, says it has received over 40 applications from parties interested in offering cryptocurrency custody services. Germany’s updated Money Laundering Act permits banks and other local financial institutions to provide and manage digital assets. Read Full on The Daily Hodl

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More Than 23 Million Entities Holds Bitcoin: Report
glassnode
 Published Today
More Than 23 Million Entities Holds Bitcoin: Report 
According to the latest report by blockchain analytics firm Glassnode, using innovative data science methodologies, researchers have determined that around 23 million entities hold bitcoin. The Glassnode approach is able to resolve one of the factors that make the address approach false. The firm is able to map multiple addresses to its single owner. The number of New Entities refers to the numerical value of the unique entities that appeared for the first time in a transaction in the Bitcoin network. Read Full on glassnode

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Weiss Ratings Upgrades Bitcoin to A- Ahead of Halving
Cointelegraph
 Published 1 Day ago
Weiss Ratings Upgrades Bitcoin to A- Ahead of Halving 
American provider of investment data Weiss Ratings has ranked Bitcoin (BTC) as “excellent” by assigning it an A- grade due to improving fundamentals and positive price action ahead of Bitcoin's next halving. Previously, in late March 2019, Weiss Ratings put Bitcoin aside XRP and EOS as cryptocurrencies that have the best combination of adoption and technology. Now, Bitcoin has a higher grade, with XRP standing at B- and EOS at C after a downgrade for centralization. Read Full on Cointelegraph

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Pomp still believes Bitcoin $100,000 in 2021 is imminent
twitter
 Published 1 Day ago
Pomp still believes Bitcoin $100,000 in 2021 is imminent 
Bitcoin has climbed back above the psychological $10,000 per bitcoin mark for the first time in five-months. The sudden jump in the bitcoin price comes as bitcoin traders and investors are gearing up for the looming May bitcoin halving event, which will see the number of bitcoin rewarded to miners cut by half. Morgan Creek Digital cofounder Anthony Pompliano, said via Twitter, he still think that bitcoin will hit $100,000 by end of December 2021, pointing to bitcoin's "fixed supply" and "increasing demand" as the reason for bitcoin's performance. Read Full on twitter

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