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Bitcoin Could Replace Gold, Says Bank of Singapore
Bitcoin Could Replace Gold, Says Bank of Singapore
News  -  Bitcoin  -  Jan 28, 2021 by Nick Chong

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

Blockstream Ramps Up Mining Operations With $25M Miner Purchase
Blockstream Ramps Up Mining Operations With $25M Miner Purchase
News  -  Business  -  Jan 27, 2021 by Thomas M

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

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 02, 2021
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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 02, 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 28, 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 27, 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 25, 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 20, 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 16, 2021
Lightning Game Startup THNDR GAMES Surpasses 100,000 Downloads
Lightning Game Startup THNDR GAMES Surpasses 100,000 Downloads

When Jack Everitt got ready to attend the Lightning Conference, his first ever Bitcoin conference, in October of 2019, he didn't want to show up empty-handed. In hopes of using it as an ice breaker to get to know like-minded HODLers, he put together a demo for a

News  -  Business  -  Jan 15, 2021
SEC Filing: Morgan Stanley Bought MicroStrategy Shares After Bitcoin Purchases
SEC Filing: Morgan Stanley Bought MicroStrategy Shares After Bitcoin Purchases

Since MicroStrategy bought bitcoin in August, its shares (MSTR) have risen by over 250 percent, according to data from Yahoo Finance.  The firm has continued to double down on bitcoin ever since its initial purchase in August, purchasing an additional $175 million worth of bitcoin in September and another $50

News  -  Bitcoin  -  Jan 10, 2021
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