BBVA Switzerland will soon begin offering Bitcoin trading to private banking clients while not providing any advisory services on crypto investments. Banco Bilbao Vizcaya Argentaria (BBVA) — Spain’s second-largest bank — is set to offer Bitcoin (BTC) trading and...
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Bitcoin pinned below $38K as investors stash record $756 billion with Fed
Bitcoin bulls ducked for cover as the Federal Reserve started paying interest rate returns on cash deposits via its reverse repurchase program. Bitcoin (BTC) suffered as investors moved a record amount of cash in Federal Reserve's overnight facility after the central...
Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners
Mayor Francis Suarez wants to make Miami a Bitcoin mining hub by offering the city’s cheap, clean nuclear energy supply. With Bitcoin (BTC) mining concentration expanding in North America, Miami mayor Francis Suarez is looking to position his city as a hub for crypto...
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Banking giant BBVA opens bitcoin trading and custody services in Switzerland
Spanish banking giant BBVA's swiss entity, BBVA Switzerland, has started offering bitcoin trading and custody services. Announcing the news on Friday, BBVA Switzerland said the services will be available to all of its private banking clients from Monday, June 21. The...
Bitcoin Miners in Sichuan Ordered to Shut Down: Report
Following a meeting on June 17, The Science and Technology Bureau and the Sichuan Ya’an Energy Bureau notified Bitcoin mining operators that they must shut down by June 25, according to local news outlet PANews. The outlet cited an “insider” as the source of the...
McLaren Racing Teams Up With Tezos For Formula 1 NFTs
Formula 1 team McLaren Racing will partner with Tezos to launch a range of non-fungible tokens (NFTs) celebrating the team's heritage. As part of the partnership, the blockchain's logo will also be featured across the team's vehicles and race suits. According to an...
Bitcoin Mining Company Bitfarms to Commence Trading on Nasdaq Next Week
The mining company Bitfarms has revealed the firm will commence trading on Nasdaq Global Select Market starting on June 21. The firm claims to process 1% of the global hashrate and with “99% green hydroelectricity.” Bitfarms Renewable Operations to List on Nasdaq...
Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin
Russia needs to move to Bitcoin to provide a “real financial instrument enabling independence in foreign trade settlements,” Deripaska argued. Russian industrial tycoon Oleg Deripaska is the latest figure to criticize the Bank of Russia’s stance on cryptocurrency...
City in Sichuan reportedly orders crypto miners to shut down for investigation
Crypto miners in Ya'an City have reportedly been ordered to temporarily shut down their operations. Chinese authorities continue to crack down on cryptocurrency mining as a city in Sichuan province has reportedly halted local Bitcoin (BTC) mining farms.Authorities in...