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Mexico's president rules out accepting crypto as legal tender

[Oct 14 7:15 PM] The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject.

Morgan Stanley CEO: Bitcoin Is Not Going Away

[Oct 14 7:12 PM] James Gorman shared his thoughts on Bitcoin today in a call, saying that the digital currency is not going away.Bitcoin is not a fad and is not going away, said Morgan Stanley chief executive officer James Gorman.Gorman hence refutes JPMorgan CEO…

Fickle Bitcoin Market Surges From Fear To Greed In A Flash

[Oct 14 7:00 PM] The Bitcoin fear and greed index has started to quickly change to extreme greed as the crypto continues to rally up. Bitcoin Fear And Greed Needle Starts Pointing At Extreme Greed As per the latest weekly report from Arcane Research, the fear and…

Bitcoin mining booms in Irkutsk

[Oct 14 6:06 PM]     In the wake of the Chinese crackdown on bitcoin mining within the country, Russian officials in part of Siberia are considering tariffs on energy to specifically discourage crypto mining there.   Helen Partz at Cointelegraph reports on Russian…

Bitcoin Is The Best Form Of Money, Says Morgan Creek Capital CEO

[Oct 14 4:39 PM] Mark Yusko said in an interview that Bitcoin will power the internet of value by being its “base layer.”Bitcoin is the best form of money and will be the base layer of the internet of value, said Mark Yusko, CEO of Morgan Creek Capital, in an…

Bitwise applies for 'actual' Bitcoin ETF with NYSE Arca

[Oct 14 3:59 PM] The investment firm withdrew its application for a physically-backed Bitcoin ETF in 2020, but has already received approval for a fund offering investors exposure to companies in the blockchain and crypto industry.

Russian President Vladimir Putin: Bitcoin Has ‘Right to Exist’

[Oct 14 11:22 AM] Russian President Vladimir Putin made new comments suggesting a growing tolerance for Bitcoin and cryptocurrencies during an interview with CNBC that was posted on the Kremlin’s website Thursday, Bloomberg reports.“I believe that it has value,”…

Why Bitcoin Could Be Far From $100,000, Says Fidelity Analyst

[Oct 13 11:16 PM] The bulls are back in control after a brief drop in the price of Bitcoin. The first cryptocurrency by market cap trades north of $57,000 with a 2.5% and 11.1% profit in the daily and weekly charts, respectively. BTC on a rally in the daily chart…

Bitcoin Short-Term Supply Reaches All-Time Low

[Oct 13 7:00 PM] Data shows Bitcoin short-term supply has reached an all-time low value. This may mean that investors aren’t keen to sell at this level despite the latest rally up where the coin broke $57k. Bitcoin Short-Term Supply Records All-Time Lows…

Largest Canadian Bitcoin ETF Opens to Mutual Fund Investors

[Oct 13 1:48 PM] Purpose Investments, an institutional firm with more than $12 billion under management, on Wednesday announced the launch of mutual fund units for the world’s first ETF backed and settled by Bitcoin.Purpose Investments, an institutional firm with…