According to a recent article, American electric car giant Tesla has seen some huge gains from its investment in Bitcoin (BTC), reportedly making up to $1 billion in profit. An analyst at Wedbush Securities, a private investment company in the United States, has estimated that in the wake of its $1.5 billion Bitcoin investment, Tesla […]
Blockchain-based payments firm Ripple Labs has now registered a business in Wyoming. According to records from the Wyoming Secretary of State. Ripple Markets WY LLC’s status as a local business listed as “active” after an initial filing in February 2020. As a limited liability company in Wyoming, Ripple’s registered agent based in Cheyenne. “More crypto […]
In the Nevada desert east of Reno, Blockchain incubator and investment firm Blockchains LLC is stepping up its plans to build a smart city. Blockchains CEO Jeffrey Berns said he had asked the state of Nevada to let him form a local government on the 67,000 acres. Also added, that the company owns in Storey […]
Anthony Scaramucci, head of SkyBridge Capital and former communications director of the White House. Believes that the value proposition of Bitcoin (BTC) has significantly strengthened now. That governments have addressed many of the digital asset-related risks. Scaramucci and fellow SkyBridge executive Brett Messing, in an opinion article published on CNN. Argue that Bitcoin has become […]
Ripple’s current Chief Technical Officer, David Schwartz, is responding to reports. That his predecessor had lost access to hundreds of millions of Bitcoin dollars. In a Quora post on Thursday, Schwartz said that recent reports about former Ripple CTO Stefan Thomas. Forgetting the password for an encrypted hard drive containing thousands of Bitcoins (BTC) were […]
Stephen Harper, who served for nine years as Canada’s prime minister. Says that as part of a basket of reserve currencies to replace the dollar. There may be a place for Bitcoin and central bank digital currencies. In an interview with Jay Martin of Cambridge House’s investment service at today’s Vancouver Resource Investment Conference. Harper […]
A student has claimed to have accidentally discovered HODLed private keys starting in 2011, which will unlock more than $4 million in Bitcoin. The Reddit user was able to cash out roughly $4.2 million in Bitcoin (BTC) after discovering the lost keys to 127 BTC on Dec. 22, when the crypto asset price was in […]
The CEO who made a $425 million bet on Bitcoin earlier this year, Michael Saylor, is offering to advise Elon Musk on how to begin investing in crypto. Saylor proposed that Musk convert Tesla’s balance sheet into Bitcoin (BTC), a company whose market capitalization, according to AssetDash, is currently valued at more than $658 billion, […]
The Bitcoin price is trading above the USD 23,000 support zone in a positive zone. BTC is currently trading above USD 23,800 (05:00 UTC) and it appears as if it could surge past USD 24,200. The USD 23,000 support might play a crucial role if there is a downside correction. Similarly, the majority of major […]
If pension funds and insurance companies in the US the euro area, the UK and Japan allocate 1% of assets to the most popular cryptocurrency, bitcoin (BTC), strategists at JPMorgan said that would result in additional BTC demand of USD 600bn. These investors, however, face regulatory obstacles related to risk levels. And mismatches of liability, […]