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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
Epic Games, the creator of blockbuster shooter-survival game Fortnite, sued Apple after it removed the game from the Apple App Store. In a statement to The Verge, Apple said Epic Games violated the App Store guidelines by enabling an unapproved feature. The feature in question seems to be the new
$71 billion USD banking giant Goldman Sachs anticipates the S&P 500 to surge 20% by the year’s end. Since April, Bitcoin and the S&P 500 have been seeing some correlation, and favorable market conditions could benefit Bitcoin’s long-term trajectory. David Kostin, the chief U.
News • Bitcoin • Aug 16, 2020$71 billion USD banking giant Goldman Sachs anticipates the S&P 500 to surge 20% by the year’s end. Since April, Bitcoin and the S&P 500 have been seeing some correlation, and favorable market conditions could benefit Bitcoin’s long-term trajectory. David Kostin, the chief U.
News • Bitcoin • Aug 16, 2020Obi 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 • Aug 16, 2020Epic Games, the creator of blockbuster shooter-survival game Fortnite, sued Apple after it removed the game from the Apple App Store. In a statement to The Verge, Apple said Epic Games violated the App Store guidelines by enabling an unapproved feature. The feature in question seems to be the new
News • Bitcoin • Aug 13, 2020MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet. The move was hailed
News • Bitcoin • Aug 13, 2020Since July 29th, Grayscale and MicroStrategy have purchased 14,422 BTC and 21,454 BTC respectively, totaling more than $410 million USD in value at the time of writing. During the same period, Bitcoin miners mined 12,594 BTC. In other words: two institutions bought three times as much bitcoin
News • Bitcoin • Aug 12, 2020Industry executives are buoyant towards the unexpected purchase of nearly $250 million USD worth of Bitcoin by MicroStrategy. It became the first publicly listed company in the U.S. to purchase bitcoin. Bitcoin, unlike many other cryptocurrencies, has a fixed supply of 21 million. Its finite supply and resulting scarcity
News • Bitcoin • Aug 11, 2020In December, Ripple announced it had completed a $200 million Series C funding round. Garnering support from investors such as SBI Holdings and Tetragon, the financial technology firm purportedly secured funding at a valuation of $10 billion. A source now tells the BTC Times that two investors in Ripple are
News • Altcoins • Aug 10, 2020Obi 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. They say that once we’re out of this coronavirus crisis, nothing will ever be
Opinion • Bitcoin • Aug 06, 2020