NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Crypto Tidbits: Harvard Goes Crypto, China Bitcoin Mining ‘Ban’, Bakkt Nears

Nick Chong
Nick Chong
6 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Another week, another round of Crypto Tidbits. While the Bitcoin price actually stagnated over the past week, falling from $5,450 to $5,000, the underlying industry was as active as ever. Over the past seven days, Harvard formally invested in a crypto asset (not just an industry project), Bakkt moved closer to launch with a key hire, and more news was released regarding Facebook’s blockchain division.

Related Reading: Crypto Tidbits: Bitcoin Passes $5,000, SEC Doubles-Down On Crypto, Binance DEX Nears

Crypto Tidbits

  • Tim Draper Looks To Invest In Facebook’s Crypto Amid Search For $1 Billion: Over recent months, Facebook has been quietly bolstering its efforts in the cryptocurrency space. And the social media giant is purportedly looking to continue their foray. Per Nathaniel Popper, the New York Times’ resident Bitcoin and crypto reporter, Facebook’s primarily Palo Alto-based blockchain arm is looking for venture capital partners to contribute $1 billion+. Tim Draper, a Bitcoin-friendly Silicon Valley investor, seemingly confirmed these rumors, telling Bloomberg that he intends to see if Facebook’s venture is “a good fit” for his portfolio. This comes ahead of the company’s purported intent to launch a stablecoin-esque digital asset centered around WhatsApp in the coming three to four months.
  • China Looks To ‘Ban’ Bitcoin Mining: Early last week, a governmental committee in China, the National Development and Reform Commission (NDRC), released an updated list of activities it is looking to restrict. Interestingly, out of the 450-odd articles, Bitcoin and cryptocurrency mining was mentioned. The NDRC hinted that it sees this industry as potentially illegal, unsafe, or a detriment to China’s environment and energy grid (which is weird considering that underutilized hydropower is Chinese miners’ go-to medium to power their Bitcoin ASICs). While some claimed that this would kill Bitcoin, as China is a hub for mining and ASIC creation, many pundits aren’t so worried. Some cryptocurrency enthusiasts claimed that either the restrictions would fail or that the ‘ban’ may take years, if not decades to come into full effect. So don’t worry too much.
  • Harvard’s $39 Billion Endowment Dives Into Crypto With Blockstack ICO: Harvard University, one of the world’s most well-regarded educational institutions, has finally purchased its first crypto assets directly. According to Bloomberg, which cited a recent filing to the U.S. Securities and Exchange Commission (SEC), the university’s endowment and two other investors purchased 95.8 million Blockstack Tokens, valued at $11.5 million. Blockstack is expected to be the first industry firm to have a token sale approved by the SEC’s “regulation A+ framework.” This news follows rumors that the school’s $39 billion endowment siphoned money into blockchain project funds, not Bitcoin or other digital assets themselves.
  • IMF’s Lagarde Warns Crippling Potential Of Bitcoin And Other Cryptocurrencies: At a recent event, Christine Lagarde, the chairwoman of the International Monetary Fund (IMF) told CNBC that she is worried about the threat that Bitcoin and other cryptocurrencies pose to traditional banking.
  • Bakkt Snags a PayPal, Google Staffer As New Exec: Bakkt, the cryptocurrency initiative spawned by NYSE owner Intercontinental Exchange, recently picked up another technology expert in its ongoing hiring spree. The Atlanta-based platform picked up Mike Blandia, a former employee and engineer at both Google and PayPal, as its new Chief Product Officer. Just recently, Bakkt also signed former executives and employees of Youtube, CBOE, and Barclays.
  • Binance May Delist Bitcoin SV: Over the past week, the debate around Australian coder Craig Wright rapidly heated up. It got to a point where Wright and Co. looked into serving the creator of the Lightning Network initiative with a lawsuit, sparking a widespread backlash. Binance chief executive Changpeng Zhao jumped in on the action recently, taking to Twitter to claim that if this “s*it” continues, he would consider delisting Bitcoin SV (BSV), which is Wright’s favorite iteration of the Bitcoin protocol. It isn’t clear if Zhao intends to follow through, but his impassioned tweet on the subject matter has garnered over 12,000 likes as of press time.

https://twitter.com/dwr/status/1116620986583883777

  • Coinbase Loses Key Executive Amid Crypto Winter: It seems Crypto Winter has hit Coinbase a bit hard. In a recent Medium blog post, Dan Romero, a long-standing vice-president at the $8 billion American startup, revealed that he would be leaving Coinbase after a five-year tenure. An explicit reason was not divulged, but Romero did mention that he still believes in Bitcoin, crypto, and most importantly, Coinbase. The industry entrepreneur added that he will be taking a hiatus, as he considers his next steps. This comes just weeks after Coinbase lost Christine Sandler and Adam White, who migrated to Fidelity Investments’ Bitcoin division and Bakkt respectively.
Featured Image from Shutterstock
Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin koers klaar voor groei dankzij whale activiteit?

Dogecoin-whaleactiviteit stijgt met 112%: explosieve groei verwacht

Dogecoin mag dan inmiddels wel een gerespecteerde token zijn, dat wil niet zeggen dat de koers niet bijzonder volatiel is....

Lars Diederiksen 6 hours ago
crypto scam, crypto

Happy Ending: Crypto Hacker Returns Funds From $42 Million GMX Exploit

In a positive development for the crypto community, the individual responsible for the GMX exploit accepted the platform’s bounty and...

Rubmar Garcia 8 hours ago
Bitcoin Breaks Records: What Miners and Leverage Traders Are Doing Behind the Scenes

Bitcoin Breaks Records: What Miners and Leverage Traders Are Doing Behind the Scenes

Bitcoin has surpassed its previous all-time high, reaching $118,254 and marking a notable milestone in its price trajectory. This latest...

Samuel Edyme 9 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Dominance Continues Its Historic Climb – Altcoins Struggle To Gain Ground

Bitcoin Dominance Continues Historic Climb – Altcoins Struggle To Gain Ground

Sebastian Villafuerte 2 hours ago
Crypto Founder Pushes Ethereum As World Reserve Asset: A Yield-Backed Store Of Value

Crypto Founder Pushes Ethereum As ‘World Reserve Asset’ – Details

Sebastian Villafuerte 4 hours ago

Why The Solana Price Could Crash To $95 Before Reaching $200

Scott Matherson 6 hours ago

Premium Sponsors

Press Releases

  • [Lightning Launch] CoinBase Miner Earns $9141 a Day...

    8 minutes ago
  • 4 kryptomeny, vďaka ktorým toto leto zmeníš 1000 € na...

    16 hours ago
  • 3 altcoiny do obserwacji w drugim tygodniu lipca 2025 roku

    3 altcoiny do obserwacji w drugim tygodniu lipca 2025 roku

    17 hours ago
  • 4 kryptowaluty, dzięki którym tego lata zamienisz 1000 zł w miliony

    4 kryptowaluty, dzięki którym tego lata zamienisz 1000...

    17 hours ago
  • 4 criptomonede cu care poți transforma 1000 de lei în milioane vara aceasta

    4 criptomonede cu care poți transforma 1000 de lei în...

    20 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.