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Celsius reports it's doubled its crypto holdings to $2.2B in six months
10.11.2020
Centralized crypto lending platform Celsius claims to have doubled its crypto holdings in just six months and now boasts $2.2 billion in assets under management
Japan is the ‘leading candidate’ for Ripple's new headquarters: SBI Holdings CEO
30.10.2020
Japan is firming up at the most likely new headquarters for Ripple if it leaves its San Francisco offices
Microstrategy CEO Personally Owns $240 Million in Bitcoin — Company BTC Profit Outshines Other Earnings
29.10.2020
Following a $425 million bitcoin purchase by his billion-dollar company, Microstrategy CEO Michael Saylor reveals that he personally owns about $240 million in bitcoin. Meanwhile, his company’s bitcoin gains have outperformed the company’s other earnings. Microstrategy and Its CEO...
MicroStrategy's crypto holdings may be paying off more than its business
27.10.2020
With Bitcoin’s rises past $13,700, the company’s BTC holdings are currently worth more than $525M
Russian Public Officials Must Now Declare Their Crypto Holdings as Income
23.10.2020
Public officials in Russia will now be required to declare all the crypto assets they hold as income. The measures are with effect from Jan. 1, 2021, local media reported. Russia’s prosecutor general Igor Krasnov declared: “Starting next year, civil servants will be required to declare...
Russian officials must now declare crypto holdings
22.10.2020
The move reverses a 2018 decision that officials did not have to declare crypto holdings
‘All’ Russian Civil Servants Told to Declare Crypto Holdings
21.10.2020
Russian public officials will be obliged to declare how much crypto they own, said the country’s Prosecutor General’s Office.
Per an official release, the Prosecutor General has introduced the changes in line with the country’s first crypto law, which was approved earlier this year and promulgates...
Privacy Coin Zcash Makes Its Ethereum ‘Wrapped’ Debut With Tokensoft and Anchorage
21.10.2020
WZEC is the first asset to be launched by “Wrapped,” a partnership between Ethereum tokenizers Tokensoft and qualified custodian Anchorage
Bitcoin Bar ‘Room 77’ Shuts Down
19.10.2020
Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing...
Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC
15.10.2020
Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA in its latest bitcoin investment thesis....
Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains
14.10.2020
Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly...
SBI Holdings Subsidiary to Hold Security Token Offering Later This Month
9.10.2020
The Japanese financial group is also mulling other business lines around tokenized securities
Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity
6.10.2020
The Bitcoin network has recently crossed over the 18.5 million mark, as far as the number of bitcoins currently minted into circulation. However, even though over 18 million coins have been minted to-date there’s a number of different elements that affect the distribution of all the coins...
Bitcoin Miner Maker Ebang Narrows First Half Loss To $7 Million, as Covid-19 Hit Demand
29.9.2020
Ebang International Holdings Inc., the Chinese maker of bitcoin mining hardware, reported a net loss of $6.96 million during the first six months of this year, down from $19.07 million a year ago, as demand fell due to the coronavirus pandemic. Revenue plunged 51% to $11.04 million from $22.35...
Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days
28.9.2020
During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion. The Grayscale Bitcoin Trust (GBTC) is a very popular investment...
Russia Proposes Harsh Penalties for Unreported Cryptocurrency Holdings
26.9.2020
Russia’s Ministry of Finance has drafted a bill with harsh penalties for anyone who does not report their cryptocurrency holdings above a certain level. Penalties include jail terms and fines. New Russian Crypto Bill The Russian Ministry of Finance has sent out a new draft bill addressing...
Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies
22.9.2020
New research from the digital currency insurance firm, Evertas, shows that a surveyed group of investors managing roughly $78 billion in collective assets believes that during the next five years, institutional investors will “dramatically” increase their crypto asset holdings. This...
GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion
18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...
Nasdaq-Listed Microstrategy Raises Bitcoin Holdings to $425 Million After Second Purchase
15.9.2020
Billion-dollar public company Microstrategy Inc. has bought 16,796 more bitcoins. The company has purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million. Microstrategy’s Bitcoin Investments Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoin, CEO Michael...
MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M
15.9.2020
Michael Saylor, the founder of Microstrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase