Bitcoin News and Finance: What You Need to Know

PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Gather Tokens (GTH) under the trading pair of GTH/USDT on March 15th at 10:00 a.m. EST. Gather is a platform that allows online publishers to monetize without ads and provides businesses & developers access to cheap and reliable processing power. Gather offers a cost-effective cloud computing solution for businesses’ complex computational operations. With Gather Cloud, companies can lower their costs and unlock new revenue streams. The native token of the Gather network, GTH, is used as a medium of exchange. Use cases for GTH include gas fees, network interaction charges, settlement and processing power related charges for the Gather Cloud, settlement of Gather online rewards, incentive for masternodes and staking, and E-governance for voting on the token’s future.   About BitMax.io Launched in August 2018, B...

DC Comics, the American comic book publisher may be getting into the non-fungible token (NFT) ecosystem in the future. The company is the oldest comic book publisher in the U.S. owning characters such as Superman, Batman, and Wonder Woman. In a letter dated on March 11, 2021, DC Comics’ senior VP of legal affairs wrote a letter to freelancers that said “DC is exploring opportunities” to enter the NFT market economy. ‘DC Is Exploring Opportunities for the Distribution and Sale of Original DC Digital Art With NFTs’ A letter from DC Comics has been revealed from a report stemming from Gizmodo i09’s Rob Bricken that shows the American comic book publisher is exploring blockchain technology and more specifically non-fungible token (NFT) assets. The popular company also doesn’t want freelance artists auctioning NFT’s featuring DC Comics’ intellectual property (IP). NFT technology has gotten so popular that the trend or search term “NFT” has touched the highest point it can on Google Tre...

On March 15, 2021, Mizuho Securities Co., a firm wholly-owned subsidiary of Mizuho Financial Group, revealed the findings of a new survey that says a great deal of stimulus money will find its way into stock markets and the cryptocurrency economy. Participants in Mizuho’s survey made less than $150k per year and estimates suspect 10% of the $380 billion in direct stimulus checks will go toward bitcoin and stocks. Mizuho Securities Survey Estimates $24 Billion from Stimulus Checks May be Used to Buy Bitcoin Japanese investment banking and securities firm, Mizuho Securities, recently surveyed 235 individuals who make less than $150,000 annually. The survey covered stimulus expenses or what they expect Americans to purchase with the direct checks. Out of the whopping $1.9 trillion relief package signed by U.S. President Joe Biden, $380 billion is appropriated for direct stimulus checks. The recently published survey says that the bank estimates around 10% or $40 billion worth of the s...

Tesla has informed the U.S. Securities and Exchange Commission (SEC) that Elon Musk has officially changed his title to “Technoking of Tesla” and CFO Zach Kirkhorn has changed his title to “Master of Coin.” Musk is not stepping down as the CEO of Tesla, as the filing confirms that he will maintain his current position. Tesla’s SEC Filing Shows New Titles: Technoking of Tesla and Master of Coin Elon Musk’s electric car company, Tesla Inc., filed Form 8-K with the U.S. Securities and Exchange Commission (SEC) on Monday stating that effective as of March 15: The titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively. While his title may have changed, Elon Musk is not stepping down as the CEO of Tesla. The filing clarifies, “Elon and Zach will also maintain their respective positions as Chief Executive Officer and Chief Financial Officer.” The SEC filing does not provide an explanation of why the two executives’ titles have been ...

The non-fungible token (NFT) artwork and collectible ecosystem has exploded in recent months and just last week, a Beeple-crafted NFT sold for $69 million at the world-famous auction house Christie’s. As the NFT space swells, a new product has been launched called “Qonos,” a purpose-built digital display for NFT art and collectibles. The company’s initial sale sold out in less than 24 hours and the company is preparing the next shipment of products for pre-order customers. The Qonos Digital Display for NFT Art and Collectibles Initial Sale Sells Out in 24 Hours NFTs have clearly been all the rage and a great number of new non-fungible token ideas have come out of the woodwork. On March 14, Bitcoin.com’s newsdesk reported on a slew of celebrities that have entered the non-fungible token (NFT) asset economy. Well known luminaries such as NFL greats like Patrick Mahomes, and Rob “Gronk” Gronkowski, Latin superstar Ozuna, the multi-platinum recording artist Lil Pump, and the band Kings...

PRESS RELEASE. NOWPayments presents a new feature for all the business-owners out there who would like to explore crypto payouts along with payments. With the mass payments solution, your cryptocurrency-savvy employees can receive their salaries in crypto. Set up a crypto payroll! Whether it’s affiliate rewards for your partners or commissions you need to send to the freelancers you hired – the efficient NOWPayments solution is perfect for these needs. Mass Payments can be beneficial for faucets, casinos, betting and e-gaming services and basically any type of projects dealing with payouts. Explore Mass Payments in cryptocurrency. The payment flow is very easy. It can be described in 3 steps: You deposit your funds into your account. You specify the addresses where the payments should go and the amounts of each payment. The service sends the funds for you immediately. What are the benefits? NOWPayments offers the lowest fees on the cryptocurrency market while supporting ...

Romanian authorities pursued an operation that left a person detained for the individual’s alleged involvement in a case of stealing from a cryptocurrency exchange. The investigation revealed that the unnamed trading platform company is located in the Cayman Islands. Over $620,000 Stolen During the Cyberattack According to the prosecutors of the Directorate for the Investigation of Organized Crime and Terrorism of Romania, the crypto exchange suffered a massive cyberattack between January 28 and 31, 2021. Although there are no significant details on the company, authorities categorized it as the “7th largest cryptocurrency operator in the world.” The unidentified man is suspected of having been caught in the heist involving over $620,000 worth of crypto. Per the official press release, prosecutors have charged him with IT fraud, money laundering, and hacking. Findings also show that the alleged hacker got access to sensitive API codes, which eventually opened the doors to the ent...

While bitcoin has been gathering widespread attention with prices touching all-time highs, mainstream pundits have tried to attack the leading crypto asset for its energy consumption. It seems a new ‘bitcoin is bad for the environment’ editorial is published nearly every week by mainstream journalists, tech authors, and climate activists. This week a representative from the crypto company and dedicated mining operation, Bixen explained that it is wrong to assume that bitcoin mining is unsustainable to the global environment. Climate Activists Love to Attack Bitcoin With Washed Up Energy Arguments from Three Years Ago Ever since bitcoin (BTC) and a number of other digital assets touched fresh new price highs, the crypto assets have seen mainstream attention. Moreover, a lot of journalists and popular pundits have focused on the energy consumption the Bitcoin network leverages. This has been happening every week since BTC prices have grown hot, and it happened a lot in 2017 as well...

The professional baseball team the Oakland Athletics (A’s) has announced that the ball club is now accepting bitcoin for season tickets. Now through opening day, a set of six Oakland A’s full season suites can be purchased with a single bitcoin, which is currently a discount in comparison to the regular cost. Oakland Athletics Is Selling Six-Person Suite Season Tickets for a Single Bitcoin On Sunday, March 14, the Oakland A’s President Dave Kaval revealed the ball club is now accepting bitcoin ( BTC ) for 2021 season tickets. The news follows a few basketball clubs from the NBA that accept bitcoin, including the Dallas Mavericks and the Sacramento Kings. BREAKING NEWS: Due to near record #Bitcoin Price of $59,656, Oakland A’s now selling suites for full season for 1 Bitcoin! @athletics @mlb Exchange your #Bitcoin for a Coliseum suite now! https://t.co/3nJHajkOHD — Dave Kaval (@DaveKaval) March 14, 2021 On Sunday evening, Kaval announced bitcoin acceptance for 2021 season ...

OVRLand is selling around 5,000 different NFTs every day. In total, OVR has sold 60,000 NFTs since its launch on November 30th. Meanwhile, the token has also reached the $1 mark. Each OVRLand is essentially an ERC721 token in which there is a 3D environment that can host games, events and tournaments. OVR Is Setting New Records With OVRLand It’s a well-known fact that 2021 is the year of the Non Fungible Tokens (NFTs) and that’s probably one of the reasons why Italian project OVR is setting new records with its OVRLand . At the time of writing, OVRLand is selling around 5,000 different NFTs every day . In total, OVR has sold 60,000 NFTs since its launch on November 30th. And that is also why its token is benefiting, reaching a price of $1, having started from a price of $0.07. OVR is listed on Uniswap, where it is reporting volumes of 10 million; the token can also be found on exchanges such as MXC, Bitmart and will soon be found on Loopring. Last November, OVR launched an ...

In 2021, celebrities have been flocking to the cryptocurrency space in great numbers, and the non-fungible token (NFT) asset craze has swelled with luminaries as well. During the last few weeks, musicians, artists, professional sports players, and more have dipped their toes into the NFT ecosystem. Celebs Have Noticed the NFT Hype and Want In Data from nonfungible.com ’s market history shows that there’s been 27,850 non-fungible token (NFT) asset sales in the last seven days. The 27,850 sales had settled for $42 million and the average price per NFT sale was $1,520 using March 14, 2021 stats. Now nearly every single day, there’s a new NFT milestone sale, a new celebrity creating an NFT, and a myriad of new NFT markets. The NFT hype also comes with significant controversy as well due to how these pictures, music files, and other types of collectibles are stored. In March, the NFT hoopla has spurred a decent number of celebrities to drop their own non-fungible token assets. For inst...

Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds of crime. Fund Manager Sees Bitcoin as a Vile Asset Class Tim Bond, a partner and portfolio manager at Odey Asset Management, warned about bitcoin in a recent interview with Marketwatch. Established in 1991 by billionaire Crispin Odey, the firm currently has over $3 billion in funds under management. Before joining Odey Asset Management in 2010, Bond spent 12 years at Barclays Capital as managing director and head of global asset allocation. He previously worked at Moore Capital as a portfolio strategist and spent 10 years as a strategist and trader for Tokai Bank Europe. As the price of bitcoin hit all-time highs several times this month, Bond was quoted as saying: To my mind, bitcoin is a particularly v...

Spacex and Tesla CEO Elon Musk has once again tweeted in support of dogecoin. He wants the crypto exchange Coinbase to list the cryptocurrency and says he will get a Shiba Inu, the dog breed featured as the face of dogecoin. Meanwhile, the coin’s adoption is growing, advocated by celebrities like Mark Cuban. Elon Musk Wants Coinbase to List Dogecoin Elon Musk wants cryptocurrency exchange Coinbase to add dogecoin to its list of supported cryptocurrencies. A question was directed at Musk on Friday on Twitter about Coinbase listing dogecoin. The user wrote: “Hi Elon, I saw a report that Coinbase was used for the Tesla BTC purchase (nice entry btw). Do you think Coinbase should enable dogecoin on their platform? It would enable many folks to easily access DOGE.” The Spacex CEO simply answered: “Yes” with an exclamation mark. Coinbase currently does not support dogecoin, a meme coin featuring a Shiba Inu. The crypto exchange is set to go public via a direct listing on Nasdaq. Its v...

A French parliament member has signed a petition to amend the laws to enable the central bank of France to buy and hold bitcoin as well as other cryptocurrencies. The petition urges lawmakers to urgently consider the matter, warning that not owning bitcoin will put France “in a financially weak position within 5-10 years.” Petition to Allow Central Bank to Buy Bitcoin Jean-Michel Mis, a member of the French National Assembly, the lower house of parliament, announced in a tweet Friday that he has signed a petition to amend the laws to enable the Banque de France, the country’s central bank, to buy and hold bitcoin, as well as other cryptocurrencies. The petition residing on the French Senate’s e-petitions platform was started on March 5 by François-Xavier Marie Jean Elder Thoorens; it can be signed until Sept. 5. Petitions with at least 100,000 signatures within six months are forwarded to the Conference of Presidents, which will decide whether to follow up on the matter. At the tim...

PRESS RELEASE. Poltergeist Exchange has partnered with GHOST by McAfee to bring a private stable coin and privacy dex to the GHOST by McAfee blockchain. Poltergeist Exchange has released their native token GHOUL, and are developing and releasing a side chain with the same name for Ghost by McAfee. Side chains for GHOST will open up a variety of interaction possibilities including a full privacy dex using atomic swaps to flawlessly execute cross chain transactions, a private stabled coin, GHOSTDAI, that is pegged and backed 1:1 with DAI, and more. “When I was setting the vision for GHOST, I didn’t just see a privacy coin, but an ecosystem of products and services that really encompassed the ideas and values that I think are really important about being able to do business and send value privately.” said Josh Case, the founder of Poltergeist Exchange and Co founder of Ghost by McAfee. “Nothing can stop us from bringing these ideas to the world. And a lot of these ideas are closer t...