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Bitcoin

Amazon Reportedly Looking to Accept Bitcoin Payments

  • An anonymous source said that Amazon was looking to introduce Bitcoin payments by the end of 2021.
  • Within the next year, the company is reportedly planning to introduce other cryptocurrencies and explore the launch of a native token.

Square Working on BTC Hardware Wallet

  • It only took Square one month to float the idea of a hardware wallet on Twitter, and then start assembling a team to work on the project.
  • The wallet is likely to prioritize mobile use, support multi-signature transactions, and offer users "assisted-self-custody".

Elon Musk, Jack Dorsey to Discuss Bitcoin at July Event

  • Musk has agreed to discuss Bitcoin with Dorsey during a July conference.
  • The event, called "The B Word," is set to encourage companies and institutions to adopt Bitcoin.

BBVA Bank to Offer Bitcoin Trading, Custody to Swiss Clients

  • The service will only be available in Switzerland, due to the region's clear crypto regulations and widespread adoption.
  • Initially BBVA will provide only services for Bitcoin, but the bank has plans to gradually extend its offering to other cryptocurrencies in the future.

Celsius Invests $200 Million in North American Bitcoin Mining

  • Celsius will invested in equipment and positions in three large North American Bitcoin mining companies.
  • The $200 million investment will make it the largest investors in the Bitcoin mining industry in the U.S.

Canadian Electric Car Maker to Launch Crypto Mining Vehicle

  • Daymak received $350 million worth of pre-orders for its upcoming Avvenire Spiritus electric car.
  • The vehicle will be able to mine cryptocurrencies while charging, and send them to users' wallets.

Fold Raises $13 Million to Launch Bitcoin Cashback Debit Card

  • Fold will use the funding to build out infrastructure that enables all U.S. credit and debit cards to offer BTC rewards.
  • A bitcoin rewards credit card is expected to launch i nthe second half of 2021.

MoneyGram to Enable Retail Bitcoin Buying, Selling in the U.S.

  • The collaboration between the payment service provider and Coinme will allow U.S. customers to buy and sell Bitcoin at 12,000 locations across the country.
  • While initially targeting U.S. customers, the new service will also be available at "select international markets" by the end of the year.

Revolut Enables Bitcoin Withdrawals in U.K.

  • The new crypto withdrawal service is still in beta, and is limited to only U.K.-based customers with Revolut Metal accounts and Bitcoin withdrawals.
  • Once the beta is finished, Revolut is likely to roll out the service to more jurisdictions, and support more digital assets.

NYDIG, FIS to Offer Bitcoin Trading to Banks

  • The firms have claimed "hundreds" of banks have signed up for the new program, though most of them smaller financial institutions.
  • The solution will allow banks to offer Bitcoin trading to their customers directly from their existing accounts.