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Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

PYMNTS

Bitcoin continued its price climb today (Nov. While that price apex was followed by a bubble burst and bitcoin fell to $3,122 in 2018, analysts and crypto fans predict this wave is different. FinTech STAX, a capital-raising platform that accepts both dollars and cryptocurrency, helped WCA raise the funds. “We

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Cryptocurrency Market Tumbles; Bitcoin Falls 12 Percent

PYMNTS

The price of bitcoin kept going up and up and up for months — to a high of more than $40,000. CNBC reported that bitcoin (BTC), the largest cryptocurrency by market capitalization, fell over 12 percent from a day earlier, to as low as $30,863. Bitcoin has still gone up in price by 300 percent in the last 12 months.

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Bitcoin Rally Triggered By PayPal, Square Buying Spree

PYMNTS

PayPal and Square’s Cash App digital currency buying spree has reportedly triggered a bitcoin rally, according to a Benzinga report on Monday (Nov. The increase in itBit volume implies that within four weeks of going live, PayPal is already buying almost 70% of the new supply of bitcoins,” Pantera Capital indicated in the report.

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Bitcoin Daily: Ethereum Protocol Aave Raises $25M; BOE Head Takes Stance Against Bitcoin

PYMNTS

Aave , an Ethereum-based loan protocol, has raised $25 million in a funding round, according to a report from Crypto News. The round was led by Blockchain Capital, Standard Crypto, Blockchain.com Ventures and more. The money will be used to help Aave expand into the Asian market, and help it achieve more institutional adoption.

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What happened to the bitcoin bubble?

Chris Skinner

I was interviewed by UBS’s wealth management team a month ago, when the bitcoin bubble was in full bloom. That is the contention of Chris Skinner, Chairman of The Financial Services Club, author of thefinanser.com blog and one of Financial News’ ‘FinTech 40’ most influential people in financial technology.

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Bitcoin Daily: Venezuela Pizza Huts Now Take Bitcoin; $4.2 Billion In Cryptos Seized By China In PlusToken Investigation

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27 that it was partnering with the pizza chain to process cryptocurrencies, including Bitcoin, Litecoin, Binance Coin, Binance USD, Tether, Dash, Ether, Dai and XPT, Cryptobuyer’s native coin. Pizza Hut has restaurants in Caracas, Venezuela’s capital, and Maracay, Maracaibo and Barquisimeto, the report stated.

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First Bitcoin Capital Trading Suspended By SEC

PYMNTS

24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. The suspension comes at a time when Bitcoin is surging and regular investors are taking notice, particularly as the cryptocurrency’s value is hitting new highs, up more than 400 percent so far this year.

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