As if MicroStrategy did not already own a ton of bitcoin, the software firm with stock shares trading for nearly $500 at the time of writing has announced it is looking to sell approximately $400 million worth of company debt so it can purchase more BTC units. MicroStrategy Is Looking to Buy More BTC At press time, the company owns more than $2 billion in bitcoin, making it the biggest institutional bitcoin investor in the world. In second place is Tesla, which purchased...
Read More »El Salvador Residents Could Soon Pay for Items with BTC
The president of El Salvador in Central America is working hard to make bitcoin legal tender within his country’s borders. Nayib Bukele stated in a recorded message at a recent bitcoin conference in Miami, Florida that he would eventually like to see all citizens paying for goods and services with bitcoin. El Salvador Residents Could Buy Necessities with Bitcoin Soon In his message, Bukele said the following: Next week, I will send to Congress a bill that will make...
Read More »Jack Dorsey Has Some Big Bitcoin Plans for the Future
Jack Dorsey – the CEO of payment platform Square and social media giant Twitter – is headlining bitcoin news again after serving as a featured speaker at the world’s biggest bitcoin conference, which recently took place in Miami, Florida. Jack Dorsey Is Building a Wallet and Investing in Mining Dorsey announced that Square is looking to build a new cryptocurrency hardware wallet that customers can use to store bitcoin. Dorsey says that over the past two years, bitcoin...
Read More »Floyd Mayweather Uses Recent Bout to Push Crypto Agenda
Legendary boxer Floyd Mayweather used his upcoming bout with YouTube star Logan Paul to push cryptocurrency. Floyd Mayweather Is a Big Crypto Fan Mayweather boasts an undefeated record of 50 and 0. At age 44, he has been retired from the ring for some time, but in a recent interview, claimed that he now fills up his hours with crypto investing and learning all he can about this developing industry. He says: Everybody should have their own mind and choose what...
Read More »Author Federick Kaufman Has Published a New Book About Crypto
Frederick Kaufman – an English and journalism professor – has a new book out that talks about the rise of cryptocurrencies and their disruption of the money system as we know it. Kaufman: Crypto Has Really Changed the World of Money Titled “The Money Plot: A History of Currency’s Power to Enchant, Control and Manipulate,” Kaufman saw his book published as the coronavirus pandemic was taking hold. The pandemic proved to be a huge period of change for many people and...
Read More »Decentralized Finance (DeFi) wird dein Verständnis von Finanzmärkten & Banken grundlegend verändern
Decentralized Finance (DeFi) wird einen signifikanten Einfluss darauf haben, wie Banken in Zukunft arbeiten werden. Das Potenzial birgt die Möglichkeit die gesamte Finanz- und Bankenwelt auf den Kopf zu stellen und vielleicht sogar zu ersetzen. Bevor wir uns das ein wenig näher ansehen, müssen wir noch einen kurzen Ausflug zu Decentralized Finance (DeFi) machen. Defi steht für dezentralisierte Finanzmärkte (engl.: Decentralized Finance). Es geht vor allem im Krypto Bereich darum, neue...
Read More »Bitcoin Price Analysis: BTC Remains At Risk of More Losses
Bitcoin price started a fresh decline after it failed to settle above $38,000 against the US Dollar. The price is now trading below the $36,000 zone and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $35,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct higher, but it is likely to face selling interest near the $35,00 and $36,000 levels. Bitcoin price is showing...
Read More »Jan Tore Sanner: BTC Could Accomplish a Lot if It Wasn’t So Volatile
Bitcoin is a volatile asset. We are seeing that now like we have a thousand times before, and this volatility has caused many problems for bitcoin, but per Norway’s finance minister Jan Tore Sanner, this volatility may ultimately disappear in the coming future. Should this ever occur, it would really help cryptocurrencies becomes the mainstream and legitimate assets they have always hoped to be. Jan Tore Sanner: Volatility Must End if BTC Is to Do Anything Big Volatility...
Read More »Skateboarder Tony Hawk Admits to Purchasing BTC Nine Years Ago
The city of Miami, Florida recently played host to the biggest bitcoin conference the world has ever seen. The event took place between June 3 and June 5 and featured a wide array of speakers and crypto experts including Jack Dorsey of Twitter and Square fame, and, surprisingly, professional skateboard legend Tony Hawk. Tony Hawk Is Interested in Silk Road Hawk does not claim to know everything about crypto or bitcoin, though it was revealed at the event that he invested...
Read More »Kevin O’Leary: BTC Mining Must Become Greener
Kevin O’Leary – aka Mr. Wonderful on the program “Shark Tank” – has been one of the biggest advocates of green crypto mining. He has often called out China for its lack of attention towards this and has even stated that he will not be buying any more crypto mined in China, even likening the asset to “blood coin” in recent statements. Kevin O’Leary: It’s Time to Become Environmentally Friendly In a new interview, he discusses why it is so important that bitcoin miners...
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