New Report Indicates Tesla Used Coinbase to Purchase $1.5B Bitcoin
Coinbase is seeking to tap the entire Fortune 500 market, a move that would drive Bitcoin (BTC) market price astronomically high.The second-largest cryptocurrency exchange by trading volume around the world Coinbase is reportedly the lucky facilitator of the $1.5 billion worth of Bitcoin purchase...
BlackRock Chief Investment Officer admits the firm “dabbles” in Bitcoin
Speaking on CNBC Squawkbox, BlackRock’s chief investment officer Rick Rieder admits the firm dabbles with Bitcoin.BlackRock is the world’s largest asset manager with approximately $8 trillion in assets under management. The firm is publically listed with a market cap of around $110 billion.BlackRock CIO...
What CryptoWendy says of Bitcoin, Polkadot, and NFTs in 2021
You’ve probably already heard of CryptoWendy if you’ve been following the space since at least 2017. She’s the bright-eyed, enthusiastic, always-smiling crypto educator and marketer known for her long-time trading channel on YouTube.Wendy—her first name—jumped into the Bitcoin and blockchain rabbit hole in 2017...
NYDIG Submits Application of Bitcoin ETF to US SEC with Morgan Stanley on Board
The shares of the NYDIG Bitcoin ETF will trade on the New York Stock Exchange (NYSE), while the NYDIG Trust will hold the custody of the Bitcoins in the fund.On Tuesday, February 16, the New York Digital Investment Group (NYDIG) filed a Form-S1 registration...
Wedbush Securities Says Tesla Sparked Corporate Adoption with $1.5B Bitcoin Investment
Wedbush noted the probability of less than 5% that public companies will adopt BTC over the coming 12 to 18 months.Privately-held investment firm Wedbush Securities said that there would be a rise in corporate adoption of Bitcoin fueled by the decision by Tesla Inc...
British private jet firm says 19% of its tickets are bought via Bitcoin
Who said using Bitcoin for purchasing things was a lost cause?Bitcoin for air travelMove over the Bitcoin-can’t-be-used-to-buy coffee narrative. A new report claims that travelers are using Bitcoin to purchase airline tickets, as per a release on aviation news site Simple Flying.PrivateFly, the UK-based...
Bitcoin Price Soared to ATH of Over $51K, Will This BTC Bullish Trend Reverse?
Bitcoin is hitting new records. However, many critics of BTC maintain a position that the coin represents the biggest financial bubble in history.The first-ever digital currency, also known as Bitcoin (BTC) has recorded yet another milestone, soaring to an all-time high of over $51K....
Hong Kong’s Bitcoin trading ban could see users turn to ‘unregulated’ platforms
Hong Kong’s crypto users could shift to “unregulated” and riskier venues to trade their digital assets should the government move forward with tighter controls on the rising sector, a group of crypto exchange owners said over the weekend.The way out of regulationThe statements came...
Bitcoin breaches $50,000 after MicroStrategy drops $600 million announcement
Expect Michael Saylor and MicroStrategy to buy all your Bitcoin when you aren’t watching.Today, the enterprise software maker announced yet another $600 million convertible note issuance for investors and institutions to buy Bitcoin. The move comes a month after MicroStrategy raised $650 million in...
Bitcoin Sets New Price Record of Slightly Above $50K
Bitcoin futures contracts (BTCG2021) on the Chicago Mercantile Exchange, hit a high of $50,500 today.After being trapped below $50k in a horizontal consolidation, Bitcoin spiked to trade slightly above $50k today morning. According to metrics provided by CoinGecko, Bitcoin rose to a new price...