Bitcoin-Friendly Square Cash is Now More Popular Than Venmo

Data from app research firm Sensor Tower and Nomura Instinet have revealed that cumulative downloads of Square’s Cash App have surpassed that of its rival, Paypal’s Venmo, per a Bloomberg report. Square’s Cash App now has a cumulative total download of 33.5 million, which exceeds Venmo’s 32.9 million for the …

Bloomberg: Goldman Sachs Plans ‘Crypto Custody’ Offering, Despite Bleak Market Predictions

Goldman Sachs plans to “offer [clients] custody for crypto funds,” insider sources told Bloomberg August 6, as the investment bank says it remains “undecided” on its cryptocurrency plans. As the publication reports, Goldman, which in May first hinted it would trade Bitcoin futures, now aims to offer various products linked …

Buying Your Starbucks Fix With Bitcoin Is Now Closer to Reality

It’s hard to buy coffee with Bitcoin, but Starbucks Corp. may be poised to make that easier. The beverage retailer is teaming up with one of the world’s biggest exchange operators, Intercontinental Exchange Inc., which just created a venture called Bakkt designed to more tightly integrate digital currencies into global …

Rejected: SEC Says No to Winklevoss Twins’ Bitcoin ETF Application for Second Time, BTC Price Drops Over 3.5%

On Thursday (26 July 2018), the U.S. Securities and Exchange Commission, once again, disapproved a Bats BZX Exchange application to list the Winklevoss Bitcoin ETF, causing the bitcoin price to drop (at press time) by more than 3.5% to below $8,000. The SEC said that it was not convinced that the market would have adequate …

Bitcoin.com Celebrates 2.5 Million Wallets Created in Less Than a Year

This week Bitcoin.com reached a milestone of a whopping 2.5 million Bitcoin.com Wallets created in less than a year. Since we started our web portal we’ve focused on providing people with world-class resources that fit every bitcoiner’s needs and our simple-to-use wallet is no different. The Bitcoin.com Wallet was launched …

El-Erian calls bitcoin a buy if its price falls below $5,000

After tumbling some 70 percent from its peak, bitcoin is reaching a point where even an authority like Mohamed El-Erian thinks it could be a buy. The chief economic advisor at Allianz, considered one of the most influential financial market thinkers in the world, said Friday that the cryptocurrency would …

Cryptocurrency investor names his favorite — and least favorite — digital currencies

With so many digital coin options out there, it can be difficult for investors to know how to navigate the cryptocurrency universe. Ran Neu-Ner, founder of Onchain Capital and host of CNBC Africa’s “Crypto Trader,” offered a few tips to “Fast Money” traders on Thursday. Here are some of his …

German Bank Allows Users To Transfer Loans Anywhere In The World Using Bitcoin

With the US set to blacklist Iran from global dollar-based transactions, here’s an idea for Tehran: use Bitcoin to make, and accept, payments from its trading partners. And, there’s even a bank ready to serve Iran when it comes knocking: according to Reuters, German Radoslav Albrecht has founded an online …