Wells Fargo is the latest financial services company to venture into Bitcoin. The bank now offers Bitcoin and cryptocurrency exposure to wealthy clients. We find this report worth sharing with our readers. We think it demonstrates that an increasing number of major financial institutions already see the light: That cryptocurrencies
Bitcoin Info News Articles by Crypto Frontline
Visa and BlockFi launched a new credit card this week. The BlockFi Rewards Visa Signature Credit Card has features that strengthen cryptocurrency utilization among consumers and support enthusiasts of virtual currencies. We feel glad about this report involving financial service providers Visa and BlockFi. We find them quite responsive and
Panama has the possibility to follow in El Salvador’s footsteps, mulling the adoption of Bitcoin as legal tender. Gabriel Silva is an opposition politician from the Central American nation who confirmed that he is seeking consensus to make digital currency among the official exchange modes in Panama, similar to the
Paul Tudor Jones II’s latest statement on Bitcoin propelled the flagship cryptocurrency’s trading price back to the US$40,000-threshold. The American billionaire shared insights about his investment portfolio, affirming that it consists of Bitcoin. We find Mr. Jones’s comments yesterday as truly encouraging. On Monday morning, June 14, Bitcoin was trading
Bottlepay’s customers in Europe can now buy Bitcoin using the Venmo-like application for cryptocurrencies as the international payments startup launched in the continent on Tuesday. The British company’s users can also make fee-free transactions in Bitcoin and euro. We find this latest report about Bitcoin encouraging. The flagship digital asset
A unit of London-headquartered bank, Standard Chartered, intends to set up a virtual currency exchange and brokerage platform in Europe and the United Kingdom. The British financial services company confirmed on Wednesday, June 2, that it targets institutional and corporate customers. We feel glad to learn about this new development
Mayor Francis Xavier Suarez of Miami, Florida, has always wanted his city to become a cryptocurrency center. This week, his desire is realized with Miami’s hosting of the largest-ever virtual currency conference. We feel happy for Mayor Suarez because the forthcoming cryptocurrency conference is among the steps his city has
As compared to the previous crypto cycles, the current one had been unique due to the large interest coming from the institutional side. Large and popular companies had bought Bitcoin, contributing to one of the largest rallies on record. The price reached an all-time high close to $65,000 on April
Bitcoin plummeted considerably during the early moments of the trading session yesterday, Wednesday, May 19. The world’s most heavily traded cryptocurrency’s trading price dropped to as low as US$30,202 per coin. Financial analysts and investors believe that China is one of the grounds why Bitcoin’s trading price nosedived. We want
Elon Musk confirmed that Tesla, Incorporated will stop sales of vehicles using Bitcoin. He posted his message on his Twitter account on Wednesday, May 12, saying that cryptocurrency mining could negatively impact the environment. We find this latest report involving Mr. Musk as highly relevant and expressing care for the
