Turkey residents flee to Bitcoin as a change in the leadership of the local central bank spurs fears of inflation.
Al Jazeera reported on March 20 that Turkey's President Recep Tayyip Erdogan issued a decree firing the central bank governor Naci Agbal.
Agbal had held this position for
After hinting at it in February, Tesla has now added Bitcoin as a payment option to its online store.
When the firm revealed early last month that it had purchased $1.5 billion worth of bitcoin to provide "more flexibility to further diversify and maximize returns on our cash,
Grayscale Bitcoin Trust (GBTC), the world's biggest closed-end bitcoin fund, saw its trading price fall twice as much as the drop in the price of bitcoin.
Market data from YCharts shows that shares of GBTC are now trading nearly 10% lower than the value of its underlying bitcoin.
Grayscale Bitcoin Trust (GBTC), the world's biggest closed-end bitcoin fund, saw its trading price fall twice as much as the drop in the price of bitcoin.
Market data from YCharts shows that shares of GBTC are now trading nearly 10% lower than the value of its underlying bitcoin.
Turkey residents flee to Bitcoin as a change in the leadership of the local central bank spurs fears of inflation.
Al Jazeera reported on March 20 that Turkey's President Recep Tayyip Erdogan issued a decree firing the central bank governor Naci Agbal.
Agbal had held this position for
After hinting at it in February, Tesla has now added Bitcoin as a payment option to its online store.
When the firm revealed early last month that it had purchased $1.5 billion worth of bitcoin to provide "more flexibility to further diversify and maximize returns on our cash,
The public needs to understand the risks associated with Bitcoin, according to Federal Reserve Chair Jerome Powell.
During a webinar hosted by the Bank of International Settlements (BIS) on Monday, Powell said the Fed prefers to refer to cryptocurrencies as "crypto assets" rather than currencies, as their volatility
The race for the first Bitcoin ETF in the U.S. is heating up: a filing with the Securities and Exchange Commission (SEC) on Friday revealed that Anthony Scaramucci's SkyBridge Capital and investment firm First Trust Advisors are the latest industry players to file for an ETF in
Just over a month post-launch, Purpose Investment's Bitcoin exchange-traded fund (ETF) holds more than 14,000 bitcoin, approximately $820 million at press time, in assets under management.
The Canadian asset management firm reported its milestone on Thursday, when it disclosed that the ETF had cracked the $1 billion
Morgan Stanley plans to offer Bitcoin funds to its wealthiest customers. CNBC reported on March 17th that the investment bank, which manages $4 trillion of client assets, told its financial advisors in an internal memo that it would offer three separate Bitcoin funds to the wealthiest of its clients as
Visa seemingly plans to follow in PayPal's fresh footsteps as it works to adopt Bitcoin.
The firm's CEO Alfred Kelly said on Fortune’s Leadership Next podcast on Tuesday that the payment processing behemoth is willing to facilitate not only bitcoin purchases, but also spending functionalities,
