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Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF
5.4.2021
On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention...
Grayscale Still 'Commited' To Convert Its Bitcoin Trust to ETF
5.4.2021
Major US-based crypto investment company Grayscale Investments said they're "100% committed" to converting their Grayscale Bitcoin Trust into an exchange-traded fund (ETF). However, according to them, the timing will be driven by the regulatory environment.
"Each Grayscale product...
South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
30.3.2021
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African...
This Is How Satoshi Nakamoto Defended Bitcoin Mining & Converted A Skeptic
24.3.2021
Source: Adobe/4K_Heaven
Reddit users have been looking back with no small amount of nostalgia at a forum post by the Bitcoin (BTC) founder Satoshi Nakomoto that dates back to August 7, 2010 – and sees the network architect change a skeptic’s mind about the energy efficiency of mining BTC.
The...
Canadian firm planning to convert its Bitcoin trust to an ETF
3.3.2021
The Toronto-based investment firm will put the matter to a vote in April
Mad Money’s Jim Cramer Has a Plan to Save Gamestop With Bitcoin
1.3.2021
Mad Money host Jim Cramer thinks he has a solution to save troubled video game retailer Gamestop with the help of bitcoin. He suggests that Gamestop should raise money to buy the cryptocurrency, then convert its 5,000 locations into bitcoin stores. He believes his idea will work. Jim Cramer...
Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens
26.2.2021
A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens. According to FD7 Ventures, this switch to the two altcoins will help the fund to better serve the interests...
Jim Cramer thinks GameStop should convert their stores into crypto info centers
25.2.2021
The Mad Money host proposed that the company's brick and mortar shops could become "crypto-information palaces" in which gamers could buy and sell cryptocurrencies
Mastercard Will Start Supporting Cryptocurrencies Directly on its Network
11.2.2021
Payments giant Mastercard has announced that it is preparing to allow a number of cryptocurrencies to move through its network directly. Customers, merchants, and businesses will no longer need to convert cryptocurrencies into fiat currencies to transfer through the Mastercard network. Mastercard...
Soaring Sell Orders Contrast Sharply with Bitcoin’s Renewed Bull Run
2.2.2021
Alongside the cryptocurrency’s meteoric climb over the back half of 2020 and early 2021, a curious phenomenon has unfolded; heightened profit-taking and conversion to fiat currencies. Data collected by Simplex, a fiat-crypto gateway, underscores this seemingly paradoxical development....
Ark Investment Study Suggests BTC Value Will Rise by $40,000 if All S&P 500 Companies ‘Allocate 1% of Their Cash to Bitcoin’
1.2.2021
According to the findings of a study by Ark Investment Management (AIM), the value of bitcoin can potentially increase by $40,000 if all S&P 500 companies allocate 1% of their cash holdings to the crypto. Similarly, if all these companies were to convert 10% of cash holdings into bitcoin,...
Colombian Watchdog Says Companies Can Convert Capital to Bitcoin
31.12.2020
Big American companies like MicroStrategy have made the headlines this year with their bitcoin (BTC)-buying policies, but companies in Colombia may be set to follow suit – after a corporate watchdog in the nation green-lighted the practice of holding capital reserves in crypto.
In an official...
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...
Corporate Crypto Reserve Status: Software Firm Snappa Swaps 40% Cash Reserves for Bitcoin
25.8.2020
On Monday, Canadian graphics software company, Snappa, revealed that it was holding bitcoin as a reserve asset. Snappa follows the firms Microstrategy and the Canadian restaurant chain Tahini’s by deciding to convert cash reserves into the scarce crypto asset. The graphics software firm...
Tahinis Restaurants Convert Entire Cash Reserves into Bitcoin
19.8.2020
Popular Middle Eastern cuisine restaurant chain, Tahinis Restaurants announced on Twitter that they have converted all their cash reserves into Bitcoin, which were otherwise used as savings. In a long thread, they tagged influencers and platforms that helped them along their journey of embracing...
North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash
7.8.2020
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash
Bitpay Reveals Crypto-to-Fiat Prepaid Mastercard, Firm’s Flagship Visa Card Ends in December
12.6.2020
On June 11, 2020, the cryptocurrency payment services provider, Bitpay announced the firm is launching a prepaid Mastercard that can be loaded with a variety of digital assets. The Atlanta-based company says the card can be spent anywhere Mastercard is accepted and users can “instantly...
How to Convert a Date String into a Human-Readable Format
25.5.2020
I’ll be the first to admit that I’m writing this article, in part, because it’s something I look up often and want to be able to find it next time. Formatting a date string that you get from an API in JavaScript can take many shapes — anything from loading all of Moment.js to have...
90 Million More People Can Now Spend Crypto With TenX
4.5.2020
TenX’s popular Visa debit card—which lets you spend cryptocurrency without having to manually top up—has launched in Germany and Austria. It supports Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), all of which can be spent anywhere that accepts Visa thanks to the card’s unique auto-convert...
Client-Side Image Editing on Mobile
20.3.2020
Michael Scharnagl:
Ever wanted to easily convert an image to a grayscale image on your phone? I do sometimes, and that's why I build a demo using the Web Share Target API to achieve exactly that.
For this I used the Service Worker way to handle the data. Once the data is received on the client,...