Bitcoin
Researchers at US investment bank Citi Group have published a report stating that Bitcoin (BTC) could become "an international trade currency" within seven years. According to the 105-page report titled "Bitcoin: At the Tipping Point", the study discusses bitcoin's evolution as a form of
Bitcoin
With United States citizens set to receive a second stimulus package, we take a look at how much the first $1,200 sent in April 2020 would have been worth if invested in BTC. The US government had sent stimulus cash to citizens in the wake of the COVID-19 pandemic
Africa
Rapper Jay-Z and Twitter CEO Jack Dorsey have announced a new Bitcoin Fund to focus on the cryptocurrency's adoption in Africa and India. According to a Tweet by Dorsey, the pair will invest 500 Bitcoin ($24 million) at today's prices to the endowment fund labelled ₿Trust.
Bitcoin
08 February, 2021 - A recent filing with the United States Securities and Exchange Commission (SEC) indicates that Tesla has bought $1.5 billion worth of bitcoin (BTC). According to an official announcement by Tesla, the company says it has purchased bitcoin for "more flexibility to further diversify and
International
Ripple XRP got a massive boost, rising by almost 50% in price. The increase in value of the world’s fourth largest cryptocurrency is likely caused by recent Wallstreet action, following a rush to purchase stocks like GameStop. Ripple XRP Price Rises by Over 50% Over the last 24 hours,
Bitcoin
The founder of one of the world’s biggest hedge funds has described Bitcoin as unhackable. Ray Dalio, the founder of Bridgewater Associates, called the cryptocurrency unhackable and stated that he was considering it as an investment for some new funds. Dalio Impressed with Unhackable Bitcoin Dalio considered the length
International
According to CoinGecko numbers, the market capitalization of Dogecoin is about $1.4 billion, the 33rd-highest among cryptocurrencies. This comes after retail investors took interest in cryptocurrencies. Dogecoin Picks Up Momentum on Back of Retail Investors The cryptocurrency universe has been hit by the frenzy of Reddit-fueled stock watchers who
Bitcoin
The latest report by Grayscale Investments with the U.S. Securities and Exchange Commission (SEC) shows that the company has purchased a total of $1,276,147,151 worth of Bitcoin (BTC). According to its January 21 report, the company has issued 37,036,200 GBTC shares and acquired 35,
Bitcoin
U.S-based software company - Sequoia Holdings LLC is allowing its workers get paid in Bitcoin (BTC). According to an official announcement, the company will also offer employees the option to get paid in Ethereum (ETH) and Bitcoin Cash (BCH). Richard Stroupe, CEO of Sequoia Holdings notes: "We'
International
BlackRock, the world's largest asset manager, has given two of its funds the ability to invest in Bitcoin futures. With $7.81 trillion under management, the organization could add a significant amount of liquidity to the Bitcoin market. Asset Manager's Funds Look to Bitcoin Futures Prospectus
Education & News
As America takes a new direction with the Biden administration, the cryptocurrency sector inevitably will be influenced by one of its largest markets. Michael Barr, a former US Treasury official and key member of Ripple's advisory board will replace Brian Brooks as Head of the Office at the
Education & News
The second-largest cryptocurrency, Ether, could increase in value by seven times its current price to $10,500. After the alternative cryptocurrency reached a record-high price level this week, Fundstrat Global Advisors LLC rose by believes the cryptocurrency could reach five-digit figures. DeFi Boosts Ether Price Strategist David Grider has considered