📣Friday is finally here, and we have TOP-3 news of this week in cryptocurrency and blockchain industries:
Wednesday’s epic Twitter attack;
Paypal confirms interest in digital assets;
ZEC latest hard fork.
Check them out.
Wednesday’s epic Twitter attack;
Paypal confirms interest in digital assets;
ZEC latest hard fork.
Check them out.
💡 How many cryptocurrencies are supported on Quantum.uk?
Five cryptocurrencies are available on Quantum.uk. You can choose Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC), or Tether (USDT). The best is yet to come: we plan to widen this list and add support for more digital assets.
So stay tuned for further updates!
Five cryptocurrencies are available on Quantum.uk. You can choose Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC), or Tether (USDT). The best is yet to come: we plan to widen this list and add support for more digital assets.
So stay tuned for further updates!
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As more people and companies get involved in cryptocurrency sphere, we face with a question: will cryptocurrency ever replace cash?
👉Let’s find it out:
https://quantum.uk/blog/will-cryptocurrency-ever-replace-cash/
👉Let’s find it out:
https://quantum.uk/blog/will-cryptocurrency-ever-replace-cash/
🔔Here is our new cryptocurrency digest for you. Check out everything you need to know about digital assets, their price fluctuations, highs and lows over the 7-day period.
quantum.uk
A better way to manage your crypto money.
🔥Summer is in full swing, and we have a hot digest for you.
Find out the latest market capitalization, cryptocurrencies and their prices. You’ll see highs and lows over the 7-day period right here.
Find out the latest market capitalization, cryptocurrencies and their prices. You’ll see highs and lows over the 7-day period right here.
💥 It’s finally Friday, and here is our weekly digest. We’ve collected the hottest cryptocurrency and blockchain news. Check them out:
✅ ARK Invest’s Cathie Wood noticed that BTC should be considered a new asset class, one that may even serve as a reserve currency in the near future. She said: “You think about the traditional 60/40 stock-bond portfolio, but look what’s happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What’s next? We think crypto could be the solution”.
✅ Cryptoсurrency fraudster robbed 3 500 victims of over $16 million in crypto. He has pleaded guilty.
✅ In a Bloomberg interview, Jesse Powell, co-founder and CEO of Kraken predicted that BTC could reach $1 million in the next decade and replace the major fiat currencies. “We can only speculate, but when you measure it in terms of dollars, you have to think it’s going to infinity”. He also added: “The true believers will tell you that it’s going all the way to the moon, to Mars and eventually, will be the world’s currency”.
✅ ARK Invest’s Cathie Wood noticed that BTC should be considered a new asset class, one that may even serve as a reserve currency in the near future. She said: “You think about the traditional 60/40 stock-bond portfolio, but look what’s happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What’s next? We think crypto could be the solution”.
✅ Cryptoсurrency fraudster robbed 3 500 victims of over $16 million in crypto. He has pleaded guilty.
✅ In a Bloomberg interview, Jesse Powell, co-founder and CEO of Kraken predicted that BTC could reach $1 million in the next decade and replace the major fiat currencies. “We can only speculate, but when you measure it in terms of dollars, you have to think it’s going to infinity”. He also added: “The true believers will tell you that it’s going all the way to the moon, to Mars and eventually, will be the world’s currency”.
💃 🕺that feeling when you see a Friday digest with top-3 news of this week. Take a look at them right now!
⚡️According to a newsletter published by a cryptocurrency metrics platform Glassnode on Monday, Bitcoin miners gained a record-breaking revenue up to $52.3 million per day on average.
But Glassnode’s charts showed that on a day-to-day basis, miners' profits have boosted significantly higher on March 14. For example, the current all-time high of Bitcoin miners’ daily profit was $64.7 million.
⚡️As Cointelegraph reported, BTC is now worth more than Visa and Mastercard combined. The biggest cryptocurrency surpassed financial giants by market capitalization. At its all-time highs of $61,700, the market cap of Bitcoin was roughly $1.15 trillion. The combined market cap of JPMorgan Chase, Bank of America and the Industrial and Commercial Bank of China is $1.08 trillion.
And that’s not all: Visa and Mastercard, have a combined market cap of $871 billion. This sum is now significantly less than Bitcoin.
⚡️European financial authorities published a report “Trends, Risks and Vulnerabilities”. They analyzed the impact of COVID-19 on the financial industry. They warned about the increased risks linked with investment in cryptocurrencies.
The authorities mentioned that crypto assets faced a massive rise in value and trading volumes during the second half of 2020. They noticed that it was driven by positive news (for example, PayPal implemented buy and sell options for cryptocurrencies). Moreover, the interest was fuelled “by strong investor demand and search for yield amid unprecedented global fiscal and monetary stimulus”.
⚡️According to a newsletter published by a cryptocurrency metrics platform Glassnode on Monday, Bitcoin miners gained a record-breaking revenue up to $52.3 million per day on average.
But Glassnode’s charts showed that on a day-to-day basis, miners' profits have boosted significantly higher on March 14. For example, the current all-time high of Bitcoin miners’ daily profit was $64.7 million.
⚡️As Cointelegraph reported, BTC is now worth more than Visa and Mastercard combined. The biggest cryptocurrency surpassed financial giants by market capitalization. At its all-time highs of $61,700, the market cap of Bitcoin was roughly $1.15 trillion. The combined market cap of JPMorgan Chase, Bank of America and the Industrial and Commercial Bank of China is $1.08 trillion.
And that’s not all: Visa and Mastercard, have a combined market cap of $871 billion. This sum is now significantly less than Bitcoin.
⚡️European financial authorities published a report “Trends, Risks and Vulnerabilities”. They analyzed the impact of COVID-19 on the financial industry. They warned about the increased risks linked with investment in cryptocurrencies.
The authorities mentioned that crypto assets faced a massive rise in value and trading volumes during the second half of 2020. They noticed that it was driven by positive news (for example, PayPal implemented buy and sell options for cryptocurrencies). Moreover, the interest was fuelled “by strong investor demand and search for yield amid unprecedented global fiscal and monetary stimulus”.
📰 April is finally here, and it’s time to check out the biggest cryptocurrency stories of this March. Take a look at them.
▪️ Bitcoin spiked to a new record high over $61K
The biggest cryptocurrency by market cap crossed $61,000 and set an all-time high in the middle of March.
▪️Morgan Stanley and Goldman Sachs will offer their wealthy clients access to cryptocurrency funds
Morgan Stanley said it will start offering BTC exposure to its wealthy clients. Banking powerhouse Goldman Sachs told CNBC that it's looking to offer a "full-spectrum" of cryptocurrency investments for its private wealth clients within the next few months.
▪️Visa and PayPal will allow customers to pay with cryptos
Both Visa and PayPal are joining a growing number of companies that offer cryptocurrencies as a means of payment.
Visa will allow customers to specifically use the cryptocurrency USD Coin in transactions made across its payment network.
PayPal announced that its U.S. users will be able to pay with Bitcoin, Ethereum, Litecoin, or Bitcoin Cash. Any payment made in cryptocurrency will immediately be converted to USD in order to process a transaction.
▪️ Bitcoin spiked to a new record high over $61K
The biggest cryptocurrency by market cap crossed $61,000 and set an all-time high in the middle of March.
▪️Morgan Stanley and Goldman Sachs will offer their wealthy clients access to cryptocurrency funds
Morgan Stanley said it will start offering BTC exposure to its wealthy clients. Banking powerhouse Goldman Sachs told CNBC that it's looking to offer a "full-spectrum" of cryptocurrency investments for its private wealth clients within the next few months.
▪️Visa and PayPal will allow customers to pay with cryptos
Both Visa and PayPal are joining a growing number of companies that offer cryptocurrencies as a means of payment.
Visa will allow customers to specifically use the cryptocurrency USD Coin in transactions made across its payment network.
PayPal announced that its U.S. users will be able to pay with Bitcoin, Ethereum, Litecoin, or Bitcoin Cash. Any payment made in cryptocurrency will immediately be converted to USD in order to process a transaction.
💥We have a Friday digest for you. Take a look at the biggest news in the cryptocurrency industry right now:
🔹Ethereum reached its highest price
According to CoinDesk, ETH hit an all-time high of $2,151.25 on Tuesday. It is up over 180% year-to-date.
🔹Fidelity’s Tom Jessop: “We’ve reached a tipping point” on crypto adoption
Tom Jessop, head of Fidelity Digital Assets at Fidelity Investments, participated in the MarketWatch virtual event. He said that the maturation and adoption of cryptocurrencies as a way of investments will boost in coming years, signaling that digital assets may have turned a corner in traditional finance circles.
He also added: “We’re not going to get out of this simulated environment anytime soon. I think we’ve reached a tipping point.”
🔹Market cap surges to record $2 trillion
According to information produced by CoinGecko and Blockfolio, the cryptocurrency market capitalization hit an all-time peak of $2.02 trillion on Monday. This surge is a result of attracting demand from both institutional and retail investors.
🔹Ethereum reached its highest price
According to CoinDesk, ETH hit an all-time high of $2,151.25 on Tuesday. It is up over 180% year-to-date.
🔹Fidelity’s Tom Jessop: “We’ve reached a tipping point” on crypto adoption
Tom Jessop, head of Fidelity Digital Assets at Fidelity Investments, participated in the MarketWatch virtual event. He said that the maturation and adoption of cryptocurrencies as a way of investments will boost in coming years, signaling that digital assets may have turned a corner in traditional finance circles.
He also added: “We’re not going to get out of this simulated environment anytime soon. I think we’ve reached a tipping point.”
🔹Market cap surges to record $2 trillion
According to information produced by CoinGecko and Blockfolio, the cryptocurrency market capitalization hit an all-time peak of $2.02 trillion on Monday. This surge is a result of attracting demand from both institutional and retail investors.
Quantum.uk | Buy, sell and store cryptocurrencies pinned «💥We have a Friday digest for you. Take a look at the biggest news in the cryptocurrency industry right now: 🔹Ethereum reached its highest price According to CoinDesk, ETH hit an all-time high of $2,151.25 on Tuesday. It is up over 180% year-to-date. 🔹Fidelity’s…»
😎Are you ready to see the hottest cryptocurrency and blockchain news of this week? Here we’ve collected TOP-3 stories. Take a look at them:
▪️Bitcoin rocketed above $63K
According to data from Coin Metrics, the leading cryptocurrency turned bullish and soared as high as $63,729.
▪️Coinbase valued at more than multinational oil and gas giant BP
Cryptocurrency firm Coinbase, the US’s largest cryptocurrency exchange, hit a market value of nearly $100bn (£72.5bn) in its stock market listing.
It debuted on the Nasdaq at a price of $381 but later closed below $330.
The initial valuation put this trading platform ahead of many well-known firms. For example, oil giant BP and key stock exchanges.
▪️ETH reached its new all-time high
Ethereum’s price rally continues. The second-largest cryptocurrency in terms of market capitalization and volume has set the highest price. It’s trading above $2,500 for the first time ever.
▪️Bitcoin rocketed above $63K
According to data from Coin Metrics, the leading cryptocurrency turned bullish and soared as high as $63,729.
▪️Coinbase valued at more than multinational oil and gas giant BP
Cryptocurrency firm Coinbase, the US’s largest cryptocurrency exchange, hit a market value of nearly $100bn (£72.5bn) in its stock market listing.
It debuted on the Nasdaq at a price of $381 but later closed below $330.
The initial valuation put this trading platform ahead of many well-known firms. For example, oil giant BP and key stock exchanges.
▪️ETH reached its new all-time high
Ethereum’s price rally continues. The second-largest cryptocurrency in terms of market capitalization and volume has set the highest price. It’s trading above $2,500 for the first time ever.
💥The latest digest is here. Check out top-3 news:
▪️ ETH soars to record high of $2,600
Ethereum’s price rally continues. The second-largest cryptocurrency has bucked market trends by hitting a new all-time high on Thursday. It’s trading above $2,600 for the first time ever.
▪️ Crypto payments banned in Turkey
The Central Bank of the Republic of Turkey announced that it will forbid cryptocurrencies as a payment method. The use of digital wallet providers as fiat on-ramps for crypto exchanges will be also prohibited.
This regulation will go into effect by the end of this month.
▪️ Bitcoin Recently Fell Through A Key Support Level
According to Bitstamp, BTC has crashed beneath the $50,000 psychological support line hitting its lowest point in 48 days. It slumped to $48,300 on Thursday.
▪️ ETH soars to record high of $2,600
Ethereum’s price rally continues. The second-largest cryptocurrency has bucked market trends by hitting a new all-time high on Thursday. It’s trading above $2,600 for the first time ever.
▪️ Crypto payments banned in Turkey
The Central Bank of the Republic of Turkey announced that it will forbid cryptocurrencies as a payment method. The use of digital wallet providers as fiat on-ramps for crypto exchanges will be also prohibited.
This regulation will go into effect by the end of this month.
▪️ Bitcoin Recently Fell Through A Key Support Level
According to Bitstamp, BTC has crashed beneath the $50,000 psychological support line hitting its lowest point in 48 days. It slumped to $48,300 on Thursday.
May is coming! Let’s check out the most important news of this month:
🔸Coinbase stock debuted on Nasdaq. It is luring public market investors who've been waiting to get into the cryptocurrency industry.
🔸BTC and ETH reached the highest price in history. The price of bitcoin climbed as high as $63,729.5, according to data produced by Coin Metrics. Based on CoinDesk information, Ethereum soared by $2,718.
🔸The Bank of Japan begins the first digital currency proof of concept. The first phase of Japan’s CBDC pilots will have been completed by March 2022.
🔸The Central Bank of the Republic of Turkey will forbid cryptocurrencies as a payment method. This regulation will go into effect by the end of this month.
🔸Investment platform eToro reported that it will go public through a business combination with FinTech Acquisition Corp. V.
🔸Coinbase stock debuted on Nasdaq. It is luring public market investors who've been waiting to get into the cryptocurrency industry.
🔸BTC and ETH reached the highest price in history. The price of bitcoin climbed as high as $63,729.5, according to data produced by Coin Metrics. Based on CoinDesk information, Ethereum soared by $2,718.
🔸The Bank of Japan begins the first digital currency proof of concept. The first phase of Japan’s CBDC pilots will have been completed by March 2022.
🔸The Central Bank of the Republic of Turkey will forbid cryptocurrencies as a payment method. This regulation will go into effect by the end of this month.
🔸Investment platform eToro reported that it will go public through a business combination with FinTech Acquisition Corp. V.
📰Friday is finally here, and we have the hottest news in our weekly digest. Check them out:
Goldman Sachs banker quits after making millions on cryptocurrencies
According to CNBC, Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit after making millions of pounds from a bet on the digital currency either, three former employees at the investment bank.
World’s largest crypto exchange Binance is reportedly under investigation by the Justice Department and IRS
Binance, the largest cryptocurrency exchange in the world, is being investigated by the Internal Revenue Service and the Department of Justice, Bloomberg reports, with officials who handle money laundering and tax offenses in particular taking an interest in Binance’s business.
Ethereum miners see higher revenue than Bitcoin miners
Mining Ethereum has turned even more profitable after the second-largest cryptocurrency gained support above $4,000.
According to information published by The Block, Ethereum miners recorded $77.36 mln in daily revenue on Monday, while Bitcoin miners recorded $67.17 mln.
Goldman Sachs banker quits after making millions on cryptocurrencies
According to CNBC, Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit after making millions of pounds from a bet on the digital currency either, three former employees at the investment bank.
World’s largest crypto exchange Binance is reportedly under investigation by the Justice Department and IRS
Binance, the largest cryptocurrency exchange in the world, is being investigated by the Internal Revenue Service and the Department of Justice, Bloomberg reports, with officials who handle money laundering and tax offenses in particular taking an interest in Binance’s business.
Ethereum miners see higher revenue than Bitcoin miners
Mining Ethereum has turned even more profitable after the second-largest cryptocurrency gained support above $4,000.
According to information published by The Block, Ethereum miners recorded $77.36 mln in daily revenue on Monday, while Bitcoin miners recorded $67.17 mln.
💥Are you ready to check out our new digest? Take a look at the most important stories of this week below:
Bitcoin Price Bounces After Cryptocurrency Crash Shocks Market
Bitcoin recovered more than 4% to $40,077.40 on Thursday. It had dropped more than 11% by 5 p.m. ET on Wednesday, after earlier plunging almost 30%.
This week’s crypto crash has helped erase almost 40% of bitcoin’s price from a peak of almost $65,000 in mid-April. Some are worried that the worst is far from over. The rapid drop has forced many investors to unwind bets made with borrowed money, adding to the pressure on prices for a swath of cryptocurrencies.
Financial authorities signal stronger risk, tax oversight for cryptocurrencies
U.S. Federal Reserve chief Jerome Powell turned up the heat on cryptocurrencies on Thursday, saying they pose risks to financial stability, and indicating that greater regulation of the increasingly popular electronic currency may be warranted.
Bison Trails: about 80% of central banks are exploring CBDC use cases
The potential launch of private cryptocurrencies such as the Facebook-backed Diem is motivating central banks to develop CBDCs, the report noted.
The report examines digital currency proofs-of-concept launched by more than 11 countries and cities, including Hong Kong, Thailand, China, Australia, Singapore, and Japan.
It is important to notice that China is close to launching the digital yuan and is testing the CBDC with commercial institutions and the public.
Bitcoin Price Bounces After Cryptocurrency Crash Shocks Market
Bitcoin recovered more than 4% to $40,077.40 on Thursday. It had dropped more than 11% by 5 p.m. ET on Wednesday, after earlier plunging almost 30%.
This week’s crypto crash has helped erase almost 40% of bitcoin’s price from a peak of almost $65,000 in mid-April. Some are worried that the worst is far from over. The rapid drop has forced many investors to unwind bets made with borrowed money, adding to the pressure on prices for a swath of cryptocurrencies.
Financial authorities signal stronger risk, tax oversight for cryptocurrencies
U.S. Federal Reserve chief Jerome Powell turned up the heat on cryptocurrencies on Thursday, saying they pose risks to financial stability, and indicating that greater regulation of the increasingly popular electronic currency may be warranted.
Bison Trails: about 80% of central banks are exploring CBDC use cases
The potential launch of private cryptocurrencies such as the Facebook-backed Diem is motivating central banks to develop CBDCs, the report noted.
The report examines digital currency proofs-of-concept launched by more than 11 countries and cities, including Hong Kong, Thailand, China, Australia, Singapore, and Japan.
It is important to notice that China is close to launching the digital yuan and is testing the CBDC with commercial institutions and the public.