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Pro Baseball Team the Oakland A’s Plans to Hold Bitcoin Obtained from Ticket Sales
29.3.2021
The president of the American pro baseball team the Oakland Athletics (A’s) recently discussed the ballclub accepting bitcoin for full season suites on Bloomberg TV. A’s president Dave Kaval explained that the team will be holding the crypto asset it obtains from sales, rather than...
Bank of America Says the Only Good Reason for Holding Bitcoin Is ‘Sheer Price Appreciation’
19.3.2021
Bank of America sees no good reason to own bitcoin other than “sheer price appreciation.” The firm’s strategists found that the cryptocurrency’s “inflation hedging benefits are not particularly apparent.” Bank of America also claims that bitcoin does not offer...
How Bitcoin Neutrality Is Simply Another Vote for a Crumbling Status Quo
18.3.2021
Nearly ten years into failed fiscal and monetary policy experiments, when trust in institutions is ebbing near an all-time low, the rationale for holding bitcoin has never been stronger. Yet, many people are neutral and non-reactive on the matter, giving credence to the current state of affairs...
Tesla may have made more money holding Bitcoin than selling cars
17.3.2021
Tesla’s unrealized profit from “hodling” Bitcoin could be the equivalent of upscaling the company’s daily car sales by over 860%
Chinese holding firm Ping An overtakes Tencent in blockchain patents race
15.3.2021
Ant Group remains the world’s biggest blockchain patentee, while IBM is considered to be the most cited developer of patents in the industry
Bitcoin Targets USD 50K Again, Ethereum, Altcoins Hold Supports
3.3.2021
Yesterday, bitcoin corrected gains and traded below USD 48,000. However, BTC remained well bid above the USD 47,000 level and it is currently (05:00 UTC) rising. The main resistance is now near USD 50,000, above which there are chances of a strong increase in the near term.
Besides, most major...
Microstrategy Buys $1 Billion More Bitcoin — Company Now Holds Over 90,000 BTC
24.2.2021
Microstrategy has purchased an additional $1.026 billion worth of bitcoin, raising the total number of bitcoins it has accumulated to about 90,531. Its CEO explained that his company remains focused on its two corporate strategies of growing its enterprise analytics software business...
India securities regulator to reportedly bar IPO promoters from holding crypto
22.2.2021
The Securities and Exchange Board of India may force promoters of initial public offerings to ditch crypto
Elon Musk Says Holding Bitcoin Is Less Dumb Than Cash, Disputes Peter Schiff’s Claims About Money and BTC
21.2.2021
Tesla and Spacex CEO Elon Musk has clarified his position on bitcoin. Emphasizing that he is an engineer, not an investor, Musk says that bitcoin “is simply a less dumb form of liquidity than cash.” Musk also disputed gold bug Peter Schiff’s claims about bitcoin and commented...
Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital Assets
20.2.2021
The mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies...
Bitcoin whales continue to accumulate despite BTC price holding above $50K
18.2.2021
The number of Bitcoin whales is increasing as the price of BTC continues to rise
Survey Finds Many Finance Managers Are Not Planning to Hold BTC— Volatility Cited as Key Concern
17.2.2021
A new poll of finance managers by Gartner Finance finds that a majority are not planning to hold bitcoin as a corporate asset. In their responses, most of the 77 finance leaders interviewed cite bitcoin’s volatility as one characteristic of the crypto asset that is “extremely difficult...
ECB President Christine Lagarde Says ‘It’s out of the Question’ That Central Banks Would Hold Bitcoin
11.2.2021
The president of the European Central Bank (ECB), Christine Lagarde, has clarified whether central banks will start holding bitcoin now that a growing number of companies, like Tesla, are embracing the cryptocurrency. Lagarde remains skeptical about bitcoin, having recently said it “has...
ECB's Lagarde says central banks holding Bitcoin is 'out of the question'
11.2.2021
The ECB President gives the impression that central banks will avoided copying institutions in hoarding cryptocurrency
Why a trader says Bitcoin is short-term bearish despite holding $30K
28.1.2021
Bitcoin is short-term bearish, traders say, as the options market hints at consolidation
First Mover: The Smart Money (Literally) Buying Crypto as Harvard Said to Be Holding
26.1.2021
The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it's a new $600B money pot
Marathon Patent Group Buys $150 Million Worth of Bitcoin as a Reserve Asset
26.1.2021
Marathon Patent Group announced Monday that it bought 4,813 bitcoins in a deal worth $150 million. The firm joins the growing list of publicly listed companies holding bitcoin in their treasuries. Merrick Okamoto, chairman and chief executive officer of Marathon, said the Nasdaq firm is buying...
Russia Prohibits Government Officials From Owning Crypto, Must Dump Holdings by April
26.1.2021
The Russian Ministry of Labor has reportedly banned government officials from owning and using cryptocurrencies. Officials have also been ordered to dispose of any cryptocurrencies they own by April. Russia Prohibits Government Officials From Holding or Using Cryptocurrencies The Ministry of Labor...
Russian Public Officials Banned From Holding Cryptocurrency
25.1.2021
Russian government officials must dispose of any digital asset holdings before April 1, a letter from the Ministry of Labor states
Anthony Scaramucci says holding Bitcoin as safe as owning bonds and gold
24.1.2021
Scaramucci’s SkyBridge Capital introduced a new Bitcoin fund in early January. He says that improved infrastructure and regulation have made BTC investments "as safe as owning bonds and commodities like gold."