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Dogecoin Adoption Rises: Bitpay Lets Merchants Accept DOGE, Coinflip’s 1,800 ATMs Now List the Crypto
4.3.2021
Crypto merchant service provider Bitpay has added dogecoin to its list of supported cryptocurrencies. One of its merchants, the Mark Cuban-owned Dallas Mavericks has become the first in the network to accept the meme coin. Meanwhile, a major crypto ATM operator Coinflip has made dogecoin available...
Square Adds $170 Million More in Bitcoin to Balance Sheet — Company Now Holds 5% of Total Cash Reserves in BTC
24.2.2021
Square has bought more bitcoin, adding $170 million worth of the cryptocurrency to its balance sheet. The company now holds 5% of its cash reserves in bitcoin. Its Cash App was used by more than three million customers to purchase or sell the cryptocurrency last year. $170 Million Bitcoin Purchase...
Elon Musk’s Tesla Faces Scrutiny Over Potential Conflict of Interest in $1.5 Billion Bitcoin Purchase
18.2.2021
Tesla is facing more scrutiny over its $1.5 billion dollar bitcoin purchase. A Tesla board member who reportedly approved the company’s bitcoin buy deal is a cryptocurrency investor who also sits on the boards of two major crypto firms. Experts Question Conflict of Interest in Tesla’s...
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...
BlackRock has started to 'dabble' in crypto, says CIO
17.2.2021
“Holding some portion of what you hold in cash in things like crypto seems to make some sense to me," said Rick Rieder
Microstrategy to Sell $600 Million Worth of Convertible Notes to Buy More Bitcoin
16.2.2021
The publicly listed company Microstrategy announced that it has plans to purchase more bitcoin after acquiring 71,079 bitcoin during the last six months. On Tuesday, Microstrategy revealed its plans to sell $600 million in convertible senior notes to qualified institutional buyers in order to...
Elon Musk Could Face SEC Investigation Over Tesla’s Bitcoin Buy, Lawyers Warn
14.2.2021
The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on...
Reddit Post Reporting Tesla’s Bitcoin Purchase From a Month Ago Was a Hoax
11.2.2021
A Reddit post that predicted Tesla’s $1.5 billion purchase of bitcoin on Monday has been revealed as a hoax, after the New York Post tracked down the user. Reddit User Says He Was High on Acid When Writing It Tesla’s record-breaking bitcoin purchase stunned the markets earlier this...
Moment of truth? Tesla purchase is the moment Bitcoin has been waiting for
11.2.2021
Despite some expected near-term volatility, Tesla’s exploration of the crypto realm will likely help the industry scale up to new heights
Bitcoin flippens Russian ruble after Tesla purchase
9.2.2021
The crypto asset's market capitalization has also overtaken Tesla's again, following an overnight price surge
Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase
9.2.2021
Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin. The positive sentiment swept the Indian crypto industry despite the uncertainty of the cryptocurrency bill...
Tesla's $1.5B Bitcoin purchase leaves treasury experts scratching heads
9.2.2021
Some treasury experts are finding it difficult to understand why Tesla recently bought $1.5 billion worth of Bitcoin — the best performing asset of the last decade
Elon Musk Buys Bitcoin: Everything You Need to Know About Tesla’s $1.5B Purchase
8.2.2021
The implications of Elon Musk’s purchase on bitcoin’s climate narrative, other Fortune 500 treasury management strategies and more
Coinbase outage caused crypto purchase issues, not an intentional ban
5.2.2021
Coinbase posted an in-depth explanation of its Jan. 29 platform difficulties
Gaming Firm The9 Agrees Purchase of 5,000 MicroBT Bitcoin Miners
5.2.2021
The firm announced its pivot to mining in January
MicroStrategy Adds to Bitcoin Trove With Another $10M Purchase
2.2.2021
MicroStrategy now holds 71,079 BTC
China’s 500.com to Purchase Another $8.5M-Worth of Bitcoin Miners
2.2.2021
The NYSE-listed lottery firm may also acquire another 10,000 miners this year
Microsoft uses blockchain technology to purchase soil carbon credits in Australia
1.2.2021
The tech giant purchased 43,338 tonnes worth of soil carbon credits that are representative of carbon sequestration at ranches in New South Wales
A Look at Facebook’s Diem Wallet- Token Sale Accepts 3 Cryptos, Strict KYC, Hefty Data Collection
29.1.2021
During the last two years, there’s been a lot of interest in Facebook’s cryptocurrency diem (formally libra) and rumors of a nearing launch date went viral last November. Now the social media giant is advertising the crypto asset’s pre-sale heavily on the platform, as people...
Tron's Justin Sun Jumps On the GME Purchase Bandwagon With USD 1M Bag
28.1.2021
Justin Sun. Source: a video screenshot, Youtube, Tron Live
Tron (TRX) CEO Justin Sun has become a part of another fast-rising, potentially quickly passing trend, as he now says will join the Wallstreetbets crew in purchasing GameStop (GME) stocks - worth a million dollars.
"I'll be buying...