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If You Strike Me Down
If You Strike Me Down
Opinion  •  Bitcoin  •  Mar 22, 2021 by Obi Nwosu

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar
Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar
News  •  Economy  •  Mar 21, 2021 by Thomas M

The public needs to understand the risks associated with Bitcoin, according to Federal Reserve Chair Jerome Powell. During a webinar hosted by the Bank of International Settlements (BIS) on Monday, Powell said the Fed prefers to refer to cryptocurrencies as "crypto assets" rather than currencies, as their volatility

You Can Now Buy a Tesla With Bitcoin
You Can Now Buy a Tesla With Bitcoin

After hinting at it in February, Tesla has now added Bitcoin as a payment option to its online store. When the firm revealed early last month that it had purchased $1.5 billion worth of bitcoin to provide "more flexibility to further diversify and maximize returns on our cash,

News  •  Business  •  Mar 23, 2021
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You Can Now Buy a Tesla With Bitcoin
You Can Now Buy a Tesla With Bitcoin

After hinting at it in February, Tesla has now added Bitcoin as a payment option to its online store. When the firm revealed early last month that it had purchased $1.5 billion worth of bitcoin to provide "more flexibility to further diversify and maximize returns on our cash,

News  •  Business  •  Mar 23, 2021
If You Strike Me Down
If You Strike Me Down

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Bitcoin  •  Mar 22, 2021
Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar
Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar

The public needs to understand the risks associated with Bitcoin, according to Federal Reserve Chair Jerome Powell. During a webinar hosted by the Bank of International Settlements (BIS) on Monday, Powell said the Fed prefers to refer to cryptocurrencies as "crypto assets" rather than currencies, as their volatility

News  •  Economy  •  Mar 21, 2021
First Trust and Scaramucci's SkyBridge File for Bitcoin ETF
First Trust and Scaramucci's SkyBridge File for Bitcoin ETF

The race for the first Bitcoin ETF in the U.S. is heating up: a filing with the Securities and Exchange Commission (SEC) on Friday revealed that Anthony Scaramucci's SkyBridge Capital and investment firm First Trust Advisors are the latest industry players to file for an ETF in

News  •  Bitcoin  •  Mar 19, 2021
Canadian Bitcoin ETF Holds More than 14,000 Bitcoin One Month After Launch
Canadian Bitcoin ETF Holds More than 14,000 Bitcoin One Month After Launch

Just over a month post-launch, Purpose Investment's Bitcoin exchange-traded fund (ETF) holds more than 14,000 bitcoin, approximately $820 million at press time, in assets under management. The Canadian asset management firm reported its milestone on Thursday, when it disclosed that the ETF had cracked the $1 billion

News  •  Business  •  Mar 18, 2021
Morgan Stanley to Offer High-Net-Worth Clients Access to Bitcoin Funds
Morgan Stanley to Offer High-Net-Worth Clients Access to Bitcoin Funds

Morgan Stanley plans to offer Bitcoin funds to its wealthiest customers. CNBC reported on March 17th that the investment bank, which manages $4 trillion of client assets, told its financial advisors in an internal memo that it would offer three separate Bitcoin funds to the wealthiest of its clients as

News  •  Bitcoin  •  Mar 16, 2021
Visa Plans to Enable Bitcoin Payments at 70 Million Merchants
Visa Plans to Enable Bitcoin Payments at 70 Million Merchants

Visa seemingly plans to follow in PayPal's fresh footsteps as it works to adopt Bitcoin. The firm's CEO Alfred Kelly said on Fortune’s Leadership Next podcast on Tuesday that the payment processing behemoth is willing to facilitate not only bitcoin purchases, but also spending functionalities,

News  •  Bitcoin  •  Mar 16, 2021
Teen Behind the Infamous Twitter Hack Sentenced to 3 Years in Prison
Teen Behind the Infamous Twitter Hack Sentenced to 3 Years in Prison

Graham Ivan Clark, the 18-year-old who led the infamous Twitter hack on July 15th last year, pleaded guilty and will have to serve a three-year prison sentence, according to a report by the Tampa Bay Times. Clark was only 17 when he led the attack on Twitter that saw some

News  •  Bitcoin  •  Mar 16, 2021
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