Bitcoin Bull Novogratz Raises $250 Million for Cryptocurrency Merchant Bank

Billionaire trader and former hedge fund manager Mike Novogratz has successfully raised $250 million to finance the launch of Galaxy Digital, a cryptocurrency merchant bank that will be publicly-listed in Canada.

Bread Wallet Enables International Bitcoin Purchases with Credit Cards

The timing of the rollout couldn’t be better. Zug, Switzerland-based bitcoin wallet startup Bread unveiled plans to accept international bitcoin purchases via credit card. Bread is boasting features such as “high limits” and same-day delivery for bitcoin purchases, both of which are often missing from cryptocurrency exchanges. By allowing this service, which is a product of a relationship with Simplex, investors can bypass cryptocurrency exchanges, which incidentally top US banks have taken aim at of late.

Is Bitcoin’s Reign as King of Cryptocurrency in Danger?

Regardless of where your allegiances lie in the crypto community, homage should be paid to the original Blockchain solution – Bitcoin. However, it has been 10 long years now since Bitcoin came into being (an eternity in the cryptocurrency space) and things are starting to get away from the King.

The Google Effect and Bitcoin Price Parallels Persis

If you want to know where the bitcoin price is headed, just ask Google. Datatrek Research’s Nick Colas, an early analyst to track bitcoin, suggested to CNBC that the key to unlocking bitcoin’s next rally is to observe Google search and the ensuing digtal wallet creation, both of which have been on the decline in January amid a bevy of negative developments (exchange and wallet hacks, etc.) The bottom line? Google searches for bitcoin and wallet creation for the cryptocurrency this month compare poorly with December results.

Cryptocurrency Market Continues Recovery as Ethereum Records 15% Gain

The cryptocurrency market has continued to recover at a rapid rate over the past 24 hours, as several major cryptocurrencies such as bitcoin and Ethereum recorded major gains.

“Bitcoin and Its Sisters” Seem like a Bubble, Says Nobel Prize Winner Richard Thaler

Nobel prize-winning economist Richard Thaler recently weighted in on bitcoin and the cryptocurrency ecosystem. Speaking to Portuguese publication ECO, Thaler stated that after taking a close look at the markets, cryptocurrencies are what “most looks like a bubble.” Despite his analysis, he doesn’t know when the bubble might burst.

Payment Processor Stripe Ends Support for Bitcoin, Hypes Altcoins

Stripe, the mobile payment processor with a $9 bln valuation, has announced that it is officially winding down its Bitcoin integration. Over the next three months, Stripe customers will be encouraged to migrate away from Bitcoin payments. After that, Bitcoin will no longer be accepted at all.

Cryptocurrecy Market Suffers Minor Correction, Ripple and Cardano Down 10%

Earlier today, on January 21, the cryptocurrency market has experienced a minor correction as nearly all of the cryptocurrencies including Ripple and Cardano in the market declined in value.

BitPay Integrates With ShapeShift to Enable Instant BTC-BCH Exchange

The BitPay payment processor has announced its integration with the ShapeShift exchange to provide instant Bitcoin to Bitcoin Cash trades. This announcement was made in a blog postThursday, Jan. 18. The new partnership allows users to conduct exchanges between Bitcoin (BTC) and Bitcoin Cash (BCH) in the BitPay and Copay wallets.