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As Bitcoin has seen a strong surge in recent weeks, gaining 86 percent since September alone, when it sat around $10,000, online gamblers increasingly look to asset as a way to take profits. According to Bloomberg, Winning Poker Network, a network of online gambling sites, is paying 90 to
China Construction Bank (CCB), the world’s second-largest financial player by market cap, has postponed the issuance of Longbond, a $3 billion blockchain-issued bond that would track the price of government bonds, as per a new announcement. “Per the request of the issuer, Longbond Ltd., the listing of Longbond SR
MicroStrategy shocked the world in August when it announced it would deploy $250 million from its balance sheet to buy bitcoin. The move represented the first time a publicly-traded corporation had bought bitcoin for investment purposes. MSTR, the company's stock, immediately rallied following the announcement as the market
News - Bitcoin - Nov 25, 2020MicroStrategy shocked the world in August when it announced it would deploy $250 million from its balance sheet to buy bitcoin. The move represented the first time a publicly-traded corporation had bought bitcoin for investment purposes. MSTR, the company's stock, immediately rallied following the announcement as the market
News - Bitcoin - Nov 25, 2020As Bitcoin has seen a strong surge in recent weeks, gaining 86 percent since September alone, when it sat around $10,000, online gamblers increasingly look to asset as a way to take profits. According to Bloomberg, Winning Poker Network, a network of online gambling sites, is paying 90 to
News - Bitcoin - Nov 20, 2020China Construction Bank (CCB), the world’s second-largest financial player by market cap, has postponed the issuance of Longbond, a $3 billion blockchain-issued bond that would track the price of government bonds, as per a new announcement. “Per the request of the issuer, Longbond Ltd., the listing of Longbond SR
News - Bitcoin - Nov 19, 2020Skybridge Capital, an alternative assets investment fund run by former Goldman Sachs banker and previously White House official Anthony Scaramucci, just revealed its intention to invest in Bitcoin. As first spotted by technology analyst Kevin Rooke, the firm submitted a series of filings to the Securities and Exchange Commission (SEC)
News - Bitcoin - Nov 16, 2020Wall Street is becoming increasingly bullish on Bitcoin. This much was made clear just recently when an analyst at Citibank, Tom Fitzpatrick, signaled his belief that Bitcoin will hit $300,000 in this market cycle. Alex Krüger, an economist closely tracking the cryptocurrency market, leaked the analyst's note
News - Bitcoin - Nov 16, 2020On Monday, Wall Street investor Stan Druckenmiller announced that he is long on Bitcoin. Druckenmiller is the president of Duquesne Capital, which closed in 2010 with $12 billion under management. He also was one of the few investors to have made a large amount on his investments in 2008. His
News - Bitcoin - Nov 09, 2020Bitcoin has undergone a monumental surge over the past month. A price gain of 50% lies between its monthly lows of $10,500 to its highs of around $15,800. Bitcoin currently trades just below $15,000 after a retracement yesterday. Analysts remain confident about the medium-term trajectory of the
News - Bitcoin - Nov 07, 2020In the four years since the previous U.S. presidential election, Bitcoin has appreciated by nearly 2,000%. On November 8th, 2016, the day of the election that made Donald Trump president, Bitcoin traded at approximately $700, while today, one coin goes for $14,300 - a gain of more
News - Bitcoin - Nov 04, 2020