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Business
Over the past two weeks, there have been fears that Bitcoin miners have become unprofitable. Early in the month, an image circulated online of Bitcoin miners liquidating thousands of coins, sparking fears of a so-called miner capitulation event. Recent blockchain data, however, indicates that this is far from the case.
Business intelligence firm MicroStrategy has all but doubled down on its initial $250 million bitcoin bet by loading up on a further 16,796 BTC, worth around $180 million at press time. Relaying the news, MicroStrategy's CEO Micheal Saylor explained, in no uncertain terms, the addition of thousands
Aviatrade, a private airplane sales company, unveiled a new payment platform last week that allows the well-heeled to purchase multimillion-dollar private jets using bitcoin, according to a report by Business Insider. First on the catalog is a six-year-old Gulfstream G650ER, a private jet with a $40 million sticker price and
Bitcoin • Business • Sep 14, 2020
Aviatrade, a private airplane sales company, unveiled a new payment platform last week that allows the well-heeled to purchase multimillion-dollar private jets using bitcoin, according to a report by Business Insider. First on the catalog is a six-year-old Gulfstream G650ER, a private jet with a $40 million sticker price and
Bitcoin • Business • Sep 14, 2020
Over the past two weeks, there have been fears that Bitcoin miners have become unprofitable. Early in the month, an image circulated online of Bitcoin miners liquidating thousands of coins, sparking fears of a so-called miner capitulation event. Recent blockchain data, however, indicates that this is far from the case.
Bitcoin • Technology • Sep 14, 2020
Business intelligence firm MicroStrategy has all but doubled down on its initial $250 million bitcoin bet by loading up on a further 16,796 BTC, worth around $180 million at press time. Relaying the news, MicroStrategy's CEO Micheal Saylor explained, in no uncertain terms, the addition of thousands
News • Bitcoin • Sep 14, 2020
On September 11th, MicroStrategy notified the SEC that it had adopted a new Treasury Reserve Policy. In Item 8.01 of the filing, the company noted that its bitcoin holdings “may increase beyond the $250 million investment that the Company disclosed on August 11, 2020.” The notification comes after the
News • Bitcoin • Sep 13, 2020
Throughout the history of Bitcoin, games have played a recurring role in the leading cryptocurrency’s adoption. Online dice-based betting game Satoshi Dice was one of the earliest and most popular game applications that gained traction in the Bitcoin space. Just three weeks after its official launch on bitcointalk.org
Feature • Bitcoin • Sep 12, 2020
Bitcoin infrastructure company Blockstream announced that it has joined the Crypto Open Patent Alliance (COPA), a day after the non-profit organization was launched by Square. According to its official website, COPA seeks to prevent “patent lockups” of cryptocurrency technologies, which may hinder smaller companies from leveraging technological developments, stifling growth
News • Bitcoin • Sep 10, 2020
The Beijing No. 1 Intermediate People’s Court denied an appeal filed by Bitcoin mining firm Bitmain that sought over 210 million yuan (approximately $30 million) in damages from its rival Poolin, according to a court filing made public this week. Bitmain Accuses Poolin Co-Founders of Violating Non-Competes Poolin and
News • Bitcoin • Sep 09, 2020