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Ray Dalio: Bitcoin Could "Serve As a Diversifier to Gold"
Ray Dalio: Bitcoin Could "Serve As a Diversifier to Gold"
News  •  Bitcoin  •  Dec 08, 2020 by Nick Chong

Up until recently, Wall Street investor Ray Dalio had been known as a Bitcoin skeptic. That appears to be changing. Dalio is the co-CIO of one of the world's largest investment funds, Bridgewater Associates. He is personally valued at $16.9 billion, according to Forbes.  In a Reddit

MicroStrategy Looks to Raise $400M in Private Offering of Convertible Senior Notes
MicroStrategy Looks to Raise $400M in Private Offering of Convertible Senior Notes
News  •  Bitcoin  •  Dec 06, 2020 by Nick Chong

According to a press release, MicroStrategy is looking to raise $400 million in a private offering of convertible senior notes. Michael Saylor, CEO of the business analytics company, confirmed the raise in a tweet published on Monday afternoon.  This offering would allow the company to purchase more bitcoin, adding to

Insurance Company MassMutual Buys $100M Worth of Bitcoin
Insurance Company MassMutual Buys $100M Worth of Bitcoin

As first noted by Grayscale Director Phil Bonello, MassMutual recently purchased $100 million worth of bitcoin. Assuming it bought the cryptocurrency at its current price of $18,150, that would mean the insurance company purchased 5,510 BTC. MassMutual, also known as the Massachusetts Mutual Life Insurance Company, is a

News  •  Bitcoin  •  Dec 09, 2020
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Insurance Company MassMutual Buys $100M Worth of Bitcoin
Insurance Company MassMutual Buys $100M Worth of Bitcoin

As first noted by Grayscale Director Phil Bonello, MassMutual recently purchased $100 million worth of bitcoin. Assuming it bought the cryptocurrency at its current price of $18,150, that would mean the insurance company purchased 5,510 BTC. MassMutual, also known as the Massachusetts Mutual Life Insurance Company, is a

News  •  Bitcoin  •  Dec 09, 2020
Ray Dalio: Bitcoin Could "Serve As a Diversifier to Gold"
Ray Dalio: Bitcoin Could "Serve As a Diversifier to Gold"

Up until recently, Wall Street investor Ray Dalio had been known as a Bitcoin skeptic. That appears to be changing. Dalio is the co-CIO of one of the world's largest investment funds, Bridgewater Associates. He is personally valued at $16.9 billion, according to Forbes.  In a Reddit

News  •  Bitcoin  •  Dec 08, 2020
MicroStrategy Looks to Raise $400M in Private Offering of Convertible Senior Notes
MicroStrategy Looks to Raise $400M in Private Offering of Convertible Senior Notes

According to a press release, MicroStrategy is looking to raise $400 million in a private offering of convertible senior notes. Michael Saylor, CEO of the business analytics company, confirmed the raise in a tweet published on Monday afternoon.  This offering would allow the company to purchase more bitcoin, adding to

News  •  Bitcoin  •  Dec 06, 2020
This Tournament Platform Pays Call of Duty Players via Lightning
This Tournament Platform Pays Call of Duty Players via Lightning

Worldwide, more than 75 million gamers have chosen Call of Duty: Warzone, a free-to-play battle royale game that’s part of the third-highest-grossing video game franchise in the world. In groups of up to 150 users at a time, players combat each other in best first-person shooter fashion, either privately

News  •  Business  •  Dec 05, 2020
MicroStrategy Buys Another $50M Worth of Bitcoin
MicroStrategy Buys Another $50M Worth of Bitcoin

On the afternoon of December 4th, MicroStrategy CEO Michael Saylor announced that his company had purchased another $50 million worth of bitcoin, detailing that the company acquired 2,574 coins at an average price of $19,427 each. Bitcoin's current value sits at $19,000 as per Tradingview.

News  •  Bitcoin  •  Dec 03, 2020
$500B Is the "Wrong Market Cap" for Bitcoin: Paul Tudor Jones
$500B Is the "Wrong Market Cap" for Bitcoin: Paul Tudor Jones

Billionaire hedge fund manager Paul Tudor Jones first made waves in the wider Bitcoin space in May this year when he revealed that one percent of his assets is allocated to Bitcoin, the emergence of which he described as the historic “birthing of a store of value.”  In an interview

News  •  Markets  •  Dec 03, 2020
Bitcoin Exchange TDEX Launches Beta Daemon on the Liquid Network
Bitcoin Exchange TDEX Launches Beta Daemon on the Liquid Network

Non-custodial Bitcoin exchange TDEX has launched a ‘Beta Daemon’ to provide market makers on the Liquid Network with better tools to facilitate an efficient trading environment, as per a release shared with the BTC Times. Built by development and consulting firm SevenLabs, TDEX uses atomic swaps—a specialized smart contract

News  •  Business  •  Dec 01, 2020
BlackRock CEO Says Bitcoin Can Possibly "Evolve Into a Global Market"
BlackRock CEO Says Bitcoin Can Possibly "Evolve Into a Global Market"

As Bitcoin continues its foray into institutional finance, BlackRock chairman and CEO Larry Fink has become the latest Wall Street representative to provide commentary. As reported by MarketWatch, Fink voiced his thoughts in a conversation with former Bank of England Gov. Mark Carney at the Council on Foreign Relations, stating

News  •  Business  •  Dec 01, 2020
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