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UK Advertising Regulator Bans Bitcoin Ad Deemed Misleading

The Advertising Standards Authority (ASA), a self-regulatory advertising watchdog in the UK, has banned a bitcoin ad by cryptocurrency exchange, Coinfloor, for misleading a particular target audience.  Bitcoin Ad Seen as Misleading and Socially Irresponsible  According to an announcement on Wednesday (Mar. 17, 2021), the ASA upheld a complaint brought to the regulator against a
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US Fed agency auctioned seized Bitcoin at 21% higher than the actual market value

Following the French government’s decision to sell 611 BTC in an auction this week, the United States government completed a Bitcoin auction recently. US General Services Administration, or GSA, aucThe post US Fed agency auctioned seized Bitcoin at 21% higher…
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SkyBridge Capital’s Anthony Scaramucci Compares Bitcoin to Amazon Stock

Although BTC has surged to about $60,000 and its market cap is well above $1 trillion, SkyBridge Capital’s Anthony Scaramucci envisions even further price increases. He compared the asset’s performance to Amazon’s stock and doubled-down on his belief that bitcoin…
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Harris Poll Data Shows 1 in 10 Americans Will Use Stimulus Checks to Buy Bitcoin and Ethereum

Following the recently published survey by Mizuho Securities that estimates roughly $24 billion from the $380 billion in direct stimulus checks will go toward bitcoin, a Harris Poll was released that estimates around 1 in 10 Americans have used stimulus…