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Hoth Therapeutics allocates $1M to Bitcoin as treasury asset
20.11.2024
Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTC’s inflation-resistant value
Billionaire Peter Thiel Remains a Bitcoin Holder but Questions Its Future Value
28.6.2024
According to American entrepreneur, venture capitalist, and political activist Peter Thiel, he still holds bitcoin (BTC) but is uncertain about the future value of the cryptocurrency. Peter Thiel Talks Bitcoin: A Holder With Cautious Optimism Peter Thiel, the renowned billionaire and co-founder...
El Salvador’s Bitcoin Investment Strategy Proves Lucrative as Profits Surge by 70%
12.3.2024
El Salvador's Bitcoin (BTC) investment strategy is paying off handsomely, with the country now enjoying a remarkable 70% profit on its dollar-cost average purchase price.
The post El Salvador’s Bitcoin Investment Strategy Proves Lucrative as Profits Surge by 70% appeared first on Cryptonews
El Salvador’s Bitcoin Investment Yields $12.6 Million in Unrealized Gains Ahead of Bitcoin ETF Decision
9.1.2024
Source: AdobeStock/ MMollaretti El Salvador’s Bitcoin (BTC) portfolio of 2,798 tokens has yielded an unrealized profit of $12.6 million, and there are no plans to sell. El Salvador is sitting on $12.6 million in unrealized profits on its bitcoin (BTC) investment after being in the red for...
Digital Asset Investment Products Experience $16 Million Outflows, Breaking 11-Week Inflow Streak
18.12.2023
Source: Adobe / Andy Nowack Digital asset investment products witnessed outflows of $16 million last week, putting an end to an 11-week streak of consecutive inflows. According to the latest report by CoinShares, Bitcoin-based funds bore the brunt of the outflows, with a total of $32.8 million...
Bitcoin Price Prediction: Surges Past $44K, El Salvador Sees Soaring Returns on BTC Investment
6.12.2023
In an electrifying leap forward, Bitcoin‘s valuation surged past the $44,000 mark, trading at $43,858 with an impressive nearly 6% increase on Wednesday. This ascent comes after a “jet-fueled” 16% climb over six days, underscoring the cryptocurrency’s robust performance....
Michael Saylor and MicroStrategy See Massive Returns on Bitcoin Investment, Crossing $1.1B Mark
10.11.2023
MicroStrategy’s early investment in Bitcoin has resulted in massive unrealized gains for the company. Image by JorgeEduardo, Adobe Stock. The price of Bitcoin has risen substantially in recent weeks, pushing the value of MicroStrategy’s Bitcoin holdings above $5.8 billion. The rally...
US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud
9.9.2023
A United States Federal Court Judge has ordered the collapsed bitcoin investment platform Mirror Trading International to pay over $1.7 billion in restitution. Commodity Futures Trading Commission director of enforcement Ian McGinley said the CFTC will not hesitate to go after fraudsters who target...
Robert Kennedy Jr Reveals BTC Investment for His Children, Insists Bitcoin ‘Threatens the Monopoly on Money’
27.7.2023
During a Twitter Spaces event on Wednesday, Robert F. Kennedy Jr., a Democratic U.S. presidential contender, revealed that he acquired 14 bitcoin for his children. This announcement comes on the heels of financial documents filed on June 30, 2023, which indicated his ownership of the leading...
Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports
7.9.2022
Capital is flowing into short bitcoin (BTC) funds at a record rate, while regular long bitcoin funds continue to see outflows, new data from the crypto research and investment firm CoinShares shows....
Read More: Short Positions on Bitcoin Are at Record Going by Fund Inflows, CoinShares Reports
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
20.6.2022
The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele,...
$89M flows into Bitcoin funds despite looming conflict, but ETH funds are negative
23.2.2022
CoinShares noted that despite “price weakness and perceived negative impact from the looming conflict in Eastern Europe,” digital asset investment products saw inflows totaling $109 last week
Canadian restaurant chain reports earning 300% gains on BTC investment to weather pandemic
19.1.2022
“We keep a working capital for about three to six months in cash, and then the rest all goes into Bitcoin,” said co-owner Aly Hamam
China ‘endorses’ BTC investment: 5 things to watch in Bitcoin this week
19.4.2021
A rare seal of approval from the People's Bank of China comes as Bitcoin recovers from a price crash which sent it to $52,000
Bitcoin 'better than gold' if you study it, fund manager tells mainstream media
18.3.2021
Getting to grips with Bitcoin reveals its benefits over gold as a store of value, says SkyBridge Capital's Anthony Scaramucci
'Inhospitable to capitalism' US can target those ditching dollar for Bitcoin — Ray Dalio
16.3.2021
Investors should reduce dollar exposure, the billionaire says, as MicroStrategy's Saylor describes Bitcoin as the "obvious solution."
Blockchain Bites: Square’s $50M BTC Investment, MetaMask’s 1M Users, BitMEX’s New CEO
8.10.2020
Square became the latest publicly traded firm to pile cash reserves into bitcoin while members of BitMEX's founding team resign
Asset Management Firm Stone Ridge Files Prospectus for New Bitcoin Futures Fund
5.10.2019
Stone Ridge Asset Management has filed a prospectus with the regulatory watchdog, U.S Securities, and Exchange Commission to launch a new Bitcoin futures fund. Dubbed by the name of the NYDIG Bitcoin Strategy Fund, the prospectus was filed by the firm with the regulator for its highly anticipated...
Tether (USDT) Admits to Having Invested its Few Reserves into Bitcoin (BTC)
22.5.2019
What comes across as a fascinating update as per the latest reports doing the rounds, Tether has confessed to having invested a part of its reserves into the world’s #1 digital currency Bitcoin as well as other assets. These facts were revealed by the company’s lawyer during the ongoing court...