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Visa Reveals API Pilot to Help Banks Buy Bitcoin
Visa Reveals API Pilot to Help Banks Buy Bitcoin
News  •  Bitcoin  •  Feb 02, 2021 by Dariusz Z

Visa has partnered with First Boulevard, a neobank focused on the financial empowerment of the United States black community, to conduct crypto asset application programming interface (API) tests. According to a February 3rd announcement, First Boulevard will be the first bank to have access to Visa's crypto API,

Ruffer Investment Earned $650M in Profits From Bitcoin
Ruffer Investment Earned $650M in Profits From Bitcoin
News  •  Bitcoin  •  Feb 01, 2021 by Dariusz Z

Investment management firm Ruffer Investment Management sold a portion of its Bitcoin investment for millions of profit to keep a risk-free long position on the crypto asset. According to a February 2nd report by UK news outlet The Telegraph, the investment manager has sold $650 million worth of bitcoin after

Citi Maintains "Sell" Rating for MicroStrategy Shares After 150% Price Gain
Citi Maintains "Sell" Rating for MicroStrategy Shares After 150% Price Gain

While many within the Bitcoin space lauded MicroStrategy for its bold move into Bitcoin in 2020, an analyst at Citi was less impressed by the business intelligence firm's decision to make Bitcoin its primary treasury reserve asset. In early December, Citi's Tyler Radke expressed concerns over

News  •  Business  •  Feb 02, 2021
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Citi Maintains "Sell" Rating for MicroStrategy Shares After 150% Price Gain
Citi Maintains "Sell" Rating for MicroStrategy Shares After 150% Price Gain

While many within the Bitcoin space lauded MicroStrategy for its bold move into Bitcoin in 2020, an analyst at Citi was less impressed by the business intelligence firm's decision to make Bitcoin its primary treasury reserve asset. In early December, Citi's Tyler Radke expressed concerns over

News  •  Business  •  Feb 02, 2021
Visa Reveals API Pilot to Help Banks Buy Bitcoin
Visa Reveals API Pilot to Help Banks Buy Bitcoin

Visa has partnered with First Boulevard, a neobank focused on the financial empowerment of the United States black community, to conduct crypto asset application programming interface (API) tests. According to a February 3rd announcement, First Boulevard will be the first bank to have access to Visa's crypto API,

News  •  Bitcoin  •  Feb 02, 2021
Ruffer Investment Earned $650M in Profits From Bitcoin
Ruffer Investment Earned $650M in Profits From Bitcoin

Investment management firm Ruffer Investment Management sold a portion of its Bitcoin investment for millions of profit to keep a risk-free long position on the crypto asset. According to a February 2nd report by UK news outlet The Telegraph, the investment manager has sold $650 million worth of bitcoin after

News  •  Bitcoin  •  Feb 01, 2021
Bitcoin Could Replace Gold, Says Bank of Singapore
Bitcoin Could Replace Gold, Says Bank of Singapore

As Bitcoin has been experiencing accelerated institutional demand in recent months, one primary narrative has often stood out from the rest: a growing number of large investors can be observed comparing Bitcoin to gold and assigning it similar, if not better qualities as a store of value. The latest to

News  •  Bitcoin  •  Jan 27, 2021
Blockstream Ramps Up Mining Operations With $25M Miner Purchase
Blockstream Ramps Up Mining Operations With $25M Miner Purchase

Blockstream is looking to expand its mining operations. As detailed in a press release shared with the BTC Times, the Bitcoin infrastructure company has purchased $25 million worth of WhatsMiner Bitcoin miners from Shenzhen-based manufacturer MicroBT, which the firm plans to deploy across its mining facilities in North America over

News  •  Business  •  Jan 26, 2021
Nasdaq-Listed Mining Company Buys $150M Worth of Bitcoin
Nasdaq-Listed Mining Company Buys $150M Worth of Bitcoin

Announced on Monday morning, Marathon Patent Group, a Bitcoin mining company based in North America, recently purchased $150 million worth of bitcoin. The purchase allowed the company to acquire 4,812.66 bitcoin, at an average price of $31,167. Bitcoin currently trades at $33,400 as per BTC Times

News  •  Bitcoin  •  Jan 24, 2021
BlackRock Funds "May Engage" in Bitcoin Futures, SEC Filing Suggests
BlackRock Funds "May Engage" in Bitcoin Futures, SEC Filing Suggests

BlackRock may plan to get involved in Bitcoin, two filings made by the firm with the Security and Exchange Commission (SEC) suggest. The world's leading asset manager, counting $7.43 trillion in assets under management at the end of 2019, filed two Statements of Additional Information (SAI) on

News  •  Business  •  Jan 19, 2021
CoinDesk Adds Fuel to Tether FUD
CoinDesk Adds Fuel to Tether FUD

Allegations against financial services institution Deltec and stablecoin issuer Tether, one of Deltec’s customers, spread rapidly this week as a story first published by CoinDesk implied that Deltec had used Tether’s funds to buy bitcoin. The article in question refers to a recently published year-in-review video by Deltec,

News  •  Business  •  Jan 15, 2021
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