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As reuters reported earlier today, Goldman Sachs Group has restarted its cryptocurrency trading desk and will begin dealing Bitcoin futures and non-deliverable forwards for clients soon.
Google Finance has added crypto prices to the finance.google.com domain. The section, titled “Crypto,” now appears in the “Compare Markets” category alongside conventional stock and currency markets.
A senior analyst at the US asset management firm, Bridgewater Associates, has opined that bitcoin shouldn’t be viewed as an alternative to fiat currency but as digital gold.
OLB Group (OLB), a New York-based e-commerce merchant service provider, is making it easier for businesses to accept cryptocurrency payments.
Grayscale Bitcoin Trust ($GBTC) is currently the largest listed cryptocurrency asset with $30.17 billion in assets under management. The firm currently holds more than 655,730 BTC and the security is tradable in the United States through over-the-counter markets.
According to recent data, miners do not seem to be selling their rewards amidst a market wide exchange shortage of Bitcoin. Combined with the overwhelming demand and surge in prices, all things look bullish for the cryptocurrency market.
"This legislation is transformative, lifting 12 million Americans out of poverty and generating $1.25 for every dollar spent," House Speaker Nancy Pelosi said.
Bordier & Cie, a Swiss financial institution operating for more than 170 years, has announced a partnership with digital asset bank Sygnum to allow its customers to purchase crypto assets.
The Securities and Exchange Commission of Thailand has launched a public consultation on proposed cryptocurrency investor qualification rules.