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Tesla Has $1.5 Billion Worth of Bitcoin on Its Balance Sheet, Plans to Accept BTC for Products
8.2.2021
The publicly listed firm Tesla has announced in a Securities and Exchange Commission (SEC) Form 10-k filing that the company has purchased $1.5 billion worth of bitcoin. When the news broke, the price of the leading crypto asset jumped well over 15%, touching a new all-time price high at $44,899...
Bitcoin hits $43K all-time high as Tesla invests $1.5 billion in BTC
8.2.2021
A filing with U.S. regulators confirms that Tesla is on board for Bitcoin payments in future
Bill Miller’s Multibillion-Dollar Hedge Fund to Add Bitcoin Exposure via GBTC
7.2.2021
Billionaire hedge fund manager Bill Miller’s flagship fund will soon be able to add bitcoin exposure by investing in Grayscale’s bitcoin trust (GBTC), according to its filing with the U.S. Securities and Exchange Commission (SEC). The fund currently has about $2.25 billion in assets...
Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come
7.2.2021
More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started
Grayscale’s Crypto Assets Under Management Soar Past $30 Billion — ‘Institutions Are Here’
6.2.2021
Grayscale Investments has surpassed the milestone of $30 billion in net crypto assets under management (AUM). The company says the tremendous growth is due to institutional investors, particularly hedge funds. Grayscale revealed Friday that its net total crypto assets under management now stands...
A Mysterious Dogecoin Address Absorbed 27% of the Supply, the Top 20 Addresses Captured 50%
5.2.2021
Just recently, the crypto asset dogecoin has seen some significant price gains and on Wednesday, Tesla’s founder Elon Musk tweeted about the digital currency incessantly. While people have been discussing the dogecoin pumps and Elon’s suggestive tweets, crypto supporters have been...
Guggenheim Investments Increases Bitcoin Fair Value Estimate — Says BTC Price Could Reach $600K
5.2.2021
Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. Guggenheim’s SEC filing to invest half a billion dollars in bitcoin became...
DeFi giant Aave hits a new high at $520, TVL rises to $4.96 billion
4.2.2021
AAVE price rallied to a new high at $520, pushing the DeFi protocol’s TVL to $4.96 billion
SBF says he's amassed a $10 billion fortune in just three years in crypto
4.2.2021
FTX exchange CEO Sam Bankman-Fried is worth an estimated $10 billion according to a New York Magazineinterview
Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record
3.2.2021
Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020...
Gearbox Has Been Bought For $1.3 Billion
3.2.2021
Gearbox Studios, developers of games like Borderlands and also publishers of stuff like the new Homeworld titles, has been bought by Embracer Group, the same Swedish company that owns THQ Nordic and Koch Media.Read more
Asset Manager Values Bitcoin at $500K, Expects BTC to Be Worth More Than Gold, Sees Massive Institutional Interest
3.2.2021
One River Asset Management’s CEO says his firm now holds bitcoin worth “well over” $1 billion. He revealed that the institutional interest in bitcoin is “astounding,” noting that almost all major institutions in the U.S. are having discussions about the cryptocurrency....
pNetwork Launches Wrapped EOS on Ethereum to Connect the Two Biggest DeFi Ecosystems
2.2.2021
During the last year, Ethereum’s DeFi ecosystem has grown exponentially to form a multi Billion Dollar market. As Decentralized Finance expands, it becomes more and more relevant to have cross-chain connections that enable crypto assets to flow instantly and seamlessly across blockchain...
Crypto industry must keep scammers from stealing another $16 billion
2.2.2021
Crypto scams don’t just impact investors but the credibility of the industry as a whole, stagnating crypto’s progress
Robinhood Raises $3.4B Amid Growth Surge
1.2.2021
The round is the stock trading app's largest raise ever
Ripple and CEO Brad Garlinghouse Face Another Lawsuit Over XRP Crypto Being a Security
29.1.2021
Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit...
1INCH price rallies 30% as its monthly DEX volume nears $6 billion
28.1.2021
The total value locked at 1inch is closing in on $1 billion and the decentralized exchange aggregator has processed nearly $6 billion this month
Massive Gamestop Short Squeeze Highlights the Fragility of Today’s Financial System
27.1.2021
The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street veterans lined up a mountain of short bets against the company’s...
Bitcoin held by public companies has surged 400% in 12 months to $3.6 billion
27.1.2021
Public companies hold more than $3.6 billion worth of Bitcoin, technology research Kevin Rooke found
Buying the Dip: Multibillion-Dollar Microstrategy Invests $10 Million More in Bitcoin
22.1.2021
Nasdaq-listed multibillion-dollar company Microstrategy has purchased more bitcoins. With the latest buy of the cryptocurrency worth $10 million, the company now holds 70,784 bitcoins in its treasury. Microstrategy’s Bitcoin Holdings Rise to 70,784 The Nasdaq-listed Microstrategy (NASDAQ:...