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Value investor Howard Marks appears to be revisiting the topic of Bitcoin. In a memo to clients at alternative investment management firm Oaktree Capital Management, the company's co-founder wrote about a conversation with his son Andrew Marks that involved a discussion about Bitcoin. Marks describes his son as
After Bitcoin casually broke its 2017 price record of $20,000 a month ago and went on to climb as high as $41,000, it reignited the interest of various media outlets that had either declared it dead after 2017 or simply moved on to more sensational topics. Yet, in
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 14, 2021
Value investor Howard Marks appears to be revisiting the topic of Bitcoin. In a memo to clients at alternative investment management firm Oaktree Capital Management, the company's co-founder wrote about a conversation with his son Andrew Marks that involved a discussion about Bitcoin. Marks describes his son as
News • Economy • Jan 12, 2021
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 09, 2021
One of the biggest concerns shared about Bitcoin is that it is subject to intense regulatory risk. The oft-mentioned criticism is that if governments wanted to, they could prevent exchanges from selling bitcoin or from allowing individuals to withdraw bitcoin to their own addresses. Bill Miller, a Wall Street value
News • Bitcoin • Jan 08, 2021
United Kingdom-based Bitcoin exchange CoinCorner has become the latest major trading platform to support the Lightning Network. Traders can now use Lightning via CoinCorner’s website, with a mobile implementation in the works. CoinCorner Seamlessly Launches Lightning Support Lightning, which allows Bitcoin users to send transactions near-instantly and at negligible
News • Business • Jan 07, 2021
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
News • Economy • Jan 04, 2021
In late December, the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) released a proposed cryptocurrency regulation, as had been rumored previously. The document indicated that, if adopted, virtual asset service providers would need to verify the name and address of non-custodial wallet users for any transaction exceeding
News • Bitcoin • Jan 04, 2021