Tags : Report

Bitcoin

Deutsche Bank report: “Bitcoin is too big to ignore”

Now that the crypto market is worth over $1.8 trillion, Deutsche Bank stated that Bitcoin is “too big to ignore,” according to a report. The report outlines the challenges of Bitcoin becoming a medium of exchange or an asset class. It notes that the inherent volatility of the crypto market will continue to rise and […]Read More

Bitcoin

Citi’s Bitcoin Report Does Little in Offsetting Yield Fears; Price

Bitcoin kickstarted the week with an incredible recovery rally, negating a considerable portion of its losses from the previous weekly session against a downside correction in US bond yields. Nevertheless, the flagship cryptocurrency’s intraday bull run failed to garner further higher bids on Tuesday. A sell-off at the local top ensued due to profit-taking sentiment, […]Read More

Blockchain

Popular Crypto App Has Ties to Data Trackers: Report

Android versions of popular cryptocurrency app Bitcoin Ticker Widget and a seeming clone of Steemit, Steemit Earn Money, included software development kit (SDK) tools that extract extensive data on users in the past and are potentially linked to location tracking code from X-Mode a notorious data tracking company, according to a new report from Express […]Read More

Bitcoin

Report: Morgan Stanley’s $150 billion arm contemplates Bitcoin investment

Counterpoint Global, a $150 billion unit of multinational investment bank Morgan Stanley, is considering investing in Bitcoin (BTC), knowledgeable sources told Bloomberg today. Morgan Stanley may bet on Bitcoin in $150 billion investment arm, Bloomberg is reporting. In January, Morgan Stanley boosted stake in MicroStrategy to 10.9%. This is all happening faster than I ever […]Read More

Blockchain

Crypto Mining Farm Spotted Using High-End Gaming Laptops: Report

Rows of latest-model laptops, highly sought after by the gaming community, have been spotted in China being used to mine cryptocurrency. In tweets posted on Wednesday, images show a room filled with “several hundred” gaming laptops said to be kitted out with Nvidia RTX 30-series graphics processing units (GPUs). WCCTech, a computer and gaming publication, […]Read More

Blockchain

Geopolitics at Stake in US Response to Digital Yuan: Report

While not many technical details of China’s plans for its central bank digital currency (CBDC) are publicly available, the digital yuan is already raising concerns around privacy, national security and political power. The Digital Currency/Electronic Payment (DCEP) system would give the Chinese Communist Party the powerful ability to monitor in real time the minute financial […]Read More