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Nigeria is attempting to stabilize its rapidly declining national currency, the naira, by restricting access to prominent cryptocurrency exchanges, according to a report by the Financial Times. This step is part of the Nigerian government's efforts to combat cryptocurrency speculation as the naira hits record lows. Late on
BlackRock has launched an ad campaign for its iShares Bitcoin Trust (IBIT) to draw in mainstream investors, positioning Bitcoin as a viable addition to the usual mix of stocks and bonds in an investment portfolio. This move is intended to weave Bitcoin into the fabric of traditional investment strategies, providing
In a recent filing with the Securities and Exchange Commission (SEC), Reddit, a widely used social media platform, announced it has allocated some of its surplus cash reserves into Bitcoin. This disclosure was made as part of their application to become a publicly traded company, with plans to list their
News • Bitcoin • Feb 22, 2024In a recent filing with the Securities and Exchange Commission (SEC), Reddit, a widely used social media platform, announced it has allocated some of its surplus cash reserves into Bitcoin. This disclosure was made as part of their application to become a publicly traded company, with plans to list their
News • Bitcoin • Feb 22, 2024Nigeria is attempting to stabilize its rapidly declining national currency, the naira, by restricting access to prominent cryptocurrency exchanges, according to a report by the Financial Times. This step is part of the Nigerian government's efforts to combat cryptocurrency speculation as the naira hits record lows. Late on
News • Politics • Feb 22, 2024BlackRock has launched an ad campaign for its iShares Bitcoin Trust (IBIT) to draw in mainstream investors, positioning Bitcoin as a viable addition to the usual mix of stocks and bonds in an investment portfolio. This move is intended to weave Bitcoin into the fabric of traditional investment strategies, providing
News • Bitcoin • Feb 20, 2024According to a Reuters report, Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is increasing its investments in Bitcoin, signaling Silicon Valley's renewed interest in the market. From late summer to early fall last year, the fund invested $100 million to acquire Bitcoin, highlighting its
News • Bitcoin • Feb 13, 2024MicroStrategy, a prominent software and business intelligence firm, has further solidified its dedication to Bitcoin by acquiring an additional 850 BTC, totaling an investment of $37.2 million, as announced today by Founder and Chairman Michael Saylor. https://twitter.com/saylor/status/1754976122607980726 Andrew Kang, the Chief Financial Officer of
News • Bitcoin • Feb 06, 2024Tether has introduced Tether Edu, an initiative designed to enhance digital literacy and personal growth through diverse educational offerings such as hybrid courses, workshops, and masterclasses in areas ranging from blockchain to design, AI, and coding. CEO Paolo Ardoino envisions Tether Edu as a comprehensive online learning hub, extending beyond
News • Bitcoin • Feb 01, 2024FTX, a bankrupt cryptocurrency exchange, has informed the presiding judge in its insolvency case that customers and creditors who successfully validate their claims might fully recover their losses. During a court session in Wilmington, Delaware, on January 31st, attorney Andrew Dietderich stated that the firm's restructuring consultants must
News • Business • Jan 31, 2024Charles Schwab, a global financial behemoth with $8 trillion in assets under management, appears to be considering joining the spot Bitcoin exchange-traded fund (ETF) market. This follows the recent approval by the U.S. Securities and Exchange Commission (SEC) of similar products from companies such as BlackRock, Fidelity, and Grayscale.
News • Bitcoin • Jan 29, 2024