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Mad Money’s Jim Cramer Buys Bitcoin, Reveals Strategy to Increase Holdings


Jim Cramer, the host of Mad Money and co-founder of The Street, has bought some bitcoin with the intention to keep increasing his holdings. He explained his purchase strategy and said there’s no reason not to wait for bitcoin’s price to come down again. Jim Cramer Bought Bitcoin...

Major Insurer Massmutual Invests $100 Million in Bitcoin for Long-Term Value


Leading life insurance company Massmutual has become the latest big company to invest a huge sum of money in bitcoin. Massmutual believes that having a bitcoin position in its investment account will help the company deliver long-term value to its insurance policyholders. Massmutual Buys Bitcoin...

MicroStrategy Buys More Bitcoin, Hong Kong Eyes Digital Yuan + More News


Traditional Chinese junkboat sailing across Victoria harbour, Hong Kong. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news MicroStrategy CEO Michael Saylor said that his company...

Poker Site Buys $100 Million of Bitcoin Every Month to Pay Players in BTC


A major online poker website has been buying millions of dollars of bitcoin every day to meet demand from players wanting to cash out in bitcoin. This amounts to $100 million in bitcoin a month as about 95% of players now demand payouts in the cryptocurrency. Poker Site Buys $100 Million of Bitcoin...

Bitcoin Shortage? Pantera Thinks Market Rally Driven by PayPal Buys


PayPal’s recent leap into the crypto market is helping to drive the current bitcoin (BTC) rally, according to Pantera, a prominent cryptocurrency and blockchain investment firm. In an investor letter published Nov. 20, the venture firm compared the ongoing bull market to the last time BTC rose...

Marathon Buys Additional 10,000 Antminers to Become Largest US Bitcoin Miner


Nasdaq-listed Marathon Patent Group is buying 10,000 of the more efficient Antminer S19 Pro bitcoin miners from Bitmain in a deal worth millions of dollars. ▪ Marathon said the deal would boost the company’s operations to 23,560 next-generation miners, “making it the largest...

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