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

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

Bitcoin Exchange TDEX Launches Beta Daemon on the Liquid Network
Bitcoin Exchange TDEX Launches Beta Daemon on the Liquid Network
News  •  Business  •  Dec 01, 2020 by Shaurya Malwa

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

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
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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
Russian Prime Minister Calls for Improved Laws for Bitcoin Users
Russian Prime Minister Calls for Improved Laws for Bitcoin Users

Russian Prime Minister Mikhail Mishustin said in a recent speech that the country’s government will soon roll out regulations to protect Bitcoin users, as per a meeting transcript published this week. Mishustin acknowledged the burgeoning use of cryptocurrencies in Russia but stated stricter measures would be enforced in the

News  •  Bitcoin  •  Nov 30, 2020
BitMEX Holding Company Appoints New CEO
BitMEX Holding Company Appoints New CEO

100x Group, holding company of embattled crypto derivatives exchange BitMEX's operator HDR Global Trading Limited, has announced the appointment of a new CEO following CFTC charges against the exchange in October, which had triggered the immediate replacement of former CEO Arthur Hayes and CTO Samuel Reed. The new

News  •  Business  •  Nov 30, 2020
Bitcoin Mining Difficulty Increases By 8.87%
Bitcoin Mining Difficulty Increases By 8.87%

Following Bitcoin's bi-weekly difficulty adjustment, mining difficulty has increased by 8.87 percent today, sitting at 19.16 T—4.4 percent lower than its difficulty all-time high, which was recorded in October this year. The hash rate is the measure of computational power that is being allocated

News  •  Technology  •  Nov 28, 2020
Australian Investment Firm Invests in Bitcoin Futures
Australian Investment Firm Invests in Bitcoin Futures

According to Vimal Gor, head of bond, income, and defensive strategies of Australian investment manager Pendal Group, the asset manager now has "active positions in bitcoin futures."  Speaking to the Australian Financial Review, Gor said that the best way to play cryptocurrencies right now is Bitcoin. And at

News  •  Bitcoin  •  Nov 25, 2020
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