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Elon Musk Ponders Tesla Putting Billions Into Bitcoin, Asking if Such Large Transactions Are Possible
21.12.2020
Tesla and Spacex CEO Elon Musk made a series of tweets about bitcoin on Sunday. One of them concerns whether it is possible to buy bitcoin in “large transactions,” particularly for Tesla to convert its U.S. dollar reserves into bitcoin. Microstrategy’s CEO told Musk that this move...
Paypal’s Stock Soars to All Time High as Demand for BTC on the Platform Now More Than Supply of New Coins
15.12.2020
E-commerce giant Paypal’s stock price surged to a new all-time high of $223.16 on Monday, December 14. Since November 12, when the payments giant opened the way for its US customers to start trading cryptocurrency, the stock has soared 17%. Paypal’s Turnaround The stock’s...
Crypto users split on taking out loans to buy Bitcoin dips
14.12.2020
Some crypto investors are willing to risk extensive financial obligations for a chance to get into Bitcoin
Did Ray Dalio Just Say You Should Buy Bitcoin?
9.12.2020
Ray Dalio. Source: A screenshot, Youtube/Talks at Google
ay Dalio, American billionaire investor and founder of major global investment firm Bridgewater Associates, has suggested that the world's number one crypto, bitcoin (BTC), may be a good asset for one to diversify their portfolio.
In...
Step 1 for Companies: Buy Bitcoin; Step 2: Issue Their Own Token - Arca
8.12.2020
After they've bought some bitcoin (BTC), companies will want to issue their very own tokens, and this may be coming sooner than we think, according to Jeff Dorman, Chief Investment Officer at a US-based blockchain- and crypto-focused investment advisor Arca.
"Once companies start purchasing...
Millionaires FOMO: 73% Will Own Bitcoin by 2022, Survey
19.11.2020
Hundreds of millionaires have revealed in a new survey that they have either already invested in bitcoin or are planning to invest in the cryptocurrency in the next couple of years. Millionaires Don’t Want to Miss Out on Bitcoin A new global poll by Devere Group shows that 73% of millionaires...
New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin
19.11.2020
Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...
Mexican Billionaire and GOT Actress Buy Bitcoin – and Want the World to Know
18.11.2020
Ricardo Salinas Pliego. Source: a video screenshot, Youtube/Ricardo B. Salinas Pliego
2020 looks to have been one of the best years yet for bitcoin (BTC) – with prices booming and an increasing number of high-profile investors and celebrities looking to get onboard as publically as possible –...
Game of Thrones Star Maisie Williams Wants to Know if She Should Buy Bitcoin
17.11.2020
Game of Thrones and The New Mutants actress Maisie Williams has started a poll on Twitter seeking opinions on whether she should invest in bitcoin. Among those who replied was Spacex and Tesla CEO Elon Musk who wrote: “Toss a bitcoin to your Witcher.” Should Maisie Williams Go Long...
Belarus’ Largest Bank Launches Cryptocurrency Exchange Service
14.11.2020
The largest bank in Belarus, Belarusbank, has reportedly begun providing a cryptocurrency exchange service, allowing customers to buy bitcoin using Visa cards. Belarusbank’s new cryptocurrency exchange service is in collaboration with bitcoin exchange service provider Whitebird, several local...
Paypal Opens Crypto Services to Millions of Eligible Account Holders in the US
12.11.2020
Payment processing giant Paypal announced on Thursday that “all eligible Paypal account holders in the U.S. can now buy, hold, and sell cryptocurrency directly with Paypal.” The news follows the company’s announcement to support crypto assets at the end of October. Paypal’s...
Cash App’s Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces
7.11.2020
Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1% of its total assets, or $50 million, into bitcoin. Cash App’s Bitcoin...
Fed calling for more stimulus is 'code for buy Bitcoin,' says Winklevoss
6.11.2020
Jerome Powell says Congress should agree further fiscal stimulus as U.S. public debt tops $27.2 trillion
Paypal Begins Crypto Service: CEO Reveals Increased Limits, Expansion Plans, Venmo Rollout
3.11.2020
Payments giant Paypal has revealed more details of its new cryptocurrency service. The company is currently rolling out crypto functionality to U.S. customers, after which it will launch the service internationally and on the Venmo platform. Paypal’s CEO Unveils Crypto Plans Paypal CEO...
Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin
29.10.2020
The CEO tweeted a screenshot of an apparent $100 purchase of Bitcoin using the service well ahead of its official rollout date
5,000 Bitcoin ATMs Add Cash-Out Option: Libertyx Sees Strong Adoption
28.10.2020
Libertyx has added a cash-out option to its 5,000 bitcoin ATMs. The CEO says this addition triples the number of bitcoin ATMs that allow users to cash out their bitcoin. He shares his business model with news.Bitcoin.com, providing insight into the bitcoin ATM usage trends he is seeing. 5,000...
22 Indian Bank Branches to Begin Offering Crypto Banking Services
28.10.2020
An Indian bank is preparing to start providing crypto banking services at its physical bank branches. Customers can buy bitcoin and several other cryptocurrencies at these branches with Indian rupees, open savings accounts with crypto wallets, make loans against their cryptocurrencies, and more....
Privacy-Focused Brave Users Can Now Purchase Bitcoin Cash Through Bitcoin.com
25.10.2020
The privacy-centric web browser Brave has partnered with Bitcoin.com in order to give users access to cryptocurrencies like bitcoin cash from directly inside their browser. The newly added Bitcoin.com widget has been added to the latest Brave software and is now available to users in various...
Paypal’s Crypto Embrace: Morgan Stanley Says Move Boon for Mass Adoption, Critics Say Payment Giant Violates Crypto Principles
24.10.2020
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments...
‘Bitcoin’s No Longer Optional’ — What Investors Say About Paypal Launching Crypto Services
22.10.2020
Paypal launching cryptocurrency services has given crypto investors much to think about. While many crypto users view the news as extremely bullish, some point out several areas of concern bitcoin investors should be aware of. ‘Every Major Bank Is Having a Meeting About How To Support...