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Italian Bank Adds Bitcoin Trading Capability
Italian Bank Adds Bitcoin Trading Capability
News  •  Bitcoin  •  Jan 04, 2022 by The BTC Times

The adoption of bitcoin has reached a new level as several banks have begun to add the option to trade bitcoin. The latest example - Banca Generali.  The bank has over $87 billion in assets and is focused on private banking for high-net-worth individuals.  The service, which will allow customers

MicroStrategy Buys 1,900 Bitcoin in December
MicroStrategy Buys 1,900 Bitcoin in December
News  •  Bitcoin  •  Jan 03, 2022 by The BTC Times

Virginia-based business intelligence company, MicroStrategy, recently acquired 1,900 bitcoin at an average price of $49,200 per BTC for a total of $94 million. This brings the total number of bitcoin owned by Microstrategy to 124,391 acquired at an average price of $30,160.  This comes as no

First Ever Bitcoin Dividend Declared by Public Company
First Ever Bitcoin Dividend Declared by Public Company

NASDAQ-listed blockchain company Bitcoin Services Inc (BTCS) announced on Wednesday that it will become the first U.S company to offer investors the option to receive a dividend payment in BTC. The company has declared what it is calling a “Bividend” of $0.05 per share which is payable in

News  •  Bitcoin  •  Jan 05, 2022
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First Ever Bitcoin Dividend Declared by Public Company
First Ever Bitcoin Dividend Declared by Public Company

NASDAQ-listed blockchain company Bitcoin Services Inc (BTCS) announced on Wednesday that it will become the first U.S company to offer investors the option to receive a dividend payment in BTC. The company has declared what it is calling a “Bividend” of $0.05 per share which is payable in

News  •  Bitcoin  •  Jan 05, 2022
Italian Bank Adds Bitcoin Trading Capability
Italian Bank Adds Bitcoin Trading Capability

The adoption of bitcoin has reached a new level as several banks have begun to add the option to trade bitcoin. The latest example - Banca Generali.  The bank has over $87 billion in assets and is focused on private banking for high-net-worth individuals.  The service, which will allow customers

News  •  Bitcoin  •  Jan 04, 2022
MicroStrategy Buys 1,900 Bitcoin in December
MicroStrategy Buys 1,900 Bitcoin in December

Virginia-based business intelligence company, MicroStrategy, recently acquired 1,900 bitcoin at an average price of $49,200 per BTC for a total of $94 million. This brings the total number of bitcoin owned by Microstrategy to 124,391 acquired at an average price of $30,160.  This comes as no

News  •  Bitcoin  •  Jan 03, 2022
GEM Mining Reaches Hashrate Milestone with Deployment of New Miners
GEM Mining Reaches Hashrate Milestone with Deployment of New Miners

The South Carolina-based company announced that it has reached a hashrate of 1.25 EH/s with 13,118 machines deployed. The majority of the GEM mining's fleet consists of Bitmain S19 Pro miners and produces a staggering 6.5 Bitcoins per day. With the addition of these

News  •  Bitcoin  •  Dec 30, 2021
Marathon Digital Holdings Makes Order for $900 Million of New Bitcoin Miners
Marathon Digital Holdings Makes Order for $900 Million of New Bitcoin Miners

Marathon Digital Holdings has announced an order for 78,000 of Bitmain’s latest generation Antminer S19 XP models. The model is Bitmain’s most powerful yet with a hashrate of 140 TH/s. The order is worth a total of  $879.06 million. Marathon expects to have 199,000

News  •  Bitcoin  •  Dec 30, 2021
'Stay Away From Fiat, Buy Bitcoin,' says Mexican Billionaire
'Stay Away From Fiat, Buy Bitcoin,' says Mexican Billionaire

While Ricardo Salinas Pliego is well-known in his native Mexico for his ownership of several large conglomerates, this year has seen him gain notoriety amongst bitcoiners worldwide for his vocal support of bitcoin.  In a message posted to his Twitter account on Christmas eve, the billionaire gave his followers three

News  •  Bitcoin  •  Dec 26, 2021
Tether and Bitfinex Pay Another Fine, and Stablecoins Might Be a Commodity
Tether and Bitfinex Pay Another Fine, and Stablecoins Might Be a Commodity

Eight months after paying an $18.5 million fine to the state of New York for misleading statements about its reserves, Tether has agreed to pay another $41 million to settle charges from the U.S. Commodity Futures Trading Commission (CFTC) for the same thing. Additionally, Bitfinex accepted a $1.

News  •  Business  •  Oct 15, 2021
Bitfinex Pay Launches Support for Bitcoin Sidechain Liquid
Bitfinex Pay Launches Support for Bitcoin Sidechain Liquid

Online merchants can now accept bitcoin and Tether (USDt) issued on Bitcoin sidechain Liquid. Payments application Bitfinex Pay added support for Liquid this week; developed by Bitcoin exchange Bitfinex, the app allows online merchants to accept a selection of cryptocurrencies. While multiple payment services have integrated Bitcoin or are even

News  •  Business  •  Oct 08, 2021
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