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MicroStrategy Buys Another $10M Worth of Bitcoin
MicroStrategy Buys Another $10M Worth of Bitcoin
News  •  Bitcoin  •  Feb 01, 2021 by Nick Chong

On Tuesday, MicroStrategy submitted a filing to the United States Securities and Exchange Commission (SEC) indicating that the firm has taken an additional $10 million position in bitcoin: "On February 2, 2021, MicroStrategy Incorporated (the “Company”) announced that it had purchased approximately 295 bitcoins for $10.0 million in

Ruffer Investment Earned $650M in Profits From Bitcoin
Ruffer Investment Earned $650M in Profits From Bitcoin
News  •  Bitcoin  •  Feb 01, 2021 by Dariusz Z

Investment management firm Ruffer Investment Management sold a portion of its Bitcoin investment for millions of profit to keep a risk-free long position on the crypto asset. According to a February 2nd report by UK news outlet The Telegraph, the investment manager has sold $650 million worth of bitcoin after

Visa Reveals API Pilot to Help Banks Buy Bitcoin
Visa Reveals API Pilot to Help Banks Buy Bitcoin

Visa has partnered with First Boulevard, a neobank focused on the financial empowerment of the United States black community, to conduct crypto asset application programming interface (API) tests. According to a February 3rd announcement, First Boulevard will be the first bank to have access to Visa's crypto API,

News  •  Bitcoin  •  Feb 02, 2021
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Visa Reveals API Pilot to Help Banks Buy Bitcoin
Visa Reveals API Pilot to Help Banks Buy Bitcoin

Visa has partnered with First Boulevard, a neobank focused on the financial empowerment of the United States black community, to conduct crypto asset application programming interface (API) tests. According to a February 3rd announcement, First Boulevard will be the first bank to have access to Visa's crypto API,

News  •  Bitcoin  •  Feb 02, 2021
MicroStrategy Buys Another $10M Worth of Bitcoin
MicroStrategy Buys Another $10M Worth of Bitcoin

On Tuesday, MicroStrategy submitted a filing to the United States Securities and Exchange Commission (SEC) indicating that the firm has taken an additional $10 million position in bitcoin: "On February 2, 2021, MicroStrategy Incorporated (the “Company”) announced that it had purchased approximately 295 bitcoins for $10.0 million in

News  •  Bitcoin  •  Feb 01, 2021
Ruffer Investment Earned $650M in Profits From Bitcoin
Ruffer Investment Earned $650M in Profits From Bitcoin

Investment management firm Ruffer Investment Management sold a portion of its Bitcoin investment for millions of profit to keep a risk-free long position on the crypto asset. According to a February 2nd report by UK news outlet The Telegraph, the investment manager has sold $650 million worth of bitcoin after

News  •  Bitcoin  •  Feb 01, 2021
Elon Musk: "Bitcoin Is on the Verge of Broad Acceptance by Conventional Finance"
Elon Musk: "Bitcoin Is on the Verge of Broad Acceptance by Conventional Finance"

Following a cryptic statement on Friday and an update to his Twitter profile, Elon Musk elaborated on his new-found interest in Bitcoin over the weekend. During a session on audio chat platform Clubhouse, Musk responded to a question about his opinion on Bitcoin that in 2013, a friend made a

News  •  Jan 31, 2021
Elon Musk Adds Bitcoin to Twitter Profile, Tweets: "In retrospect, it was inevitable"
Elon Musk Adds Bitcoin to Twitter Profile, Tweets: "In retrospect, it was inevitable"

Tech mogul and the world’s richest person Elon Musk apparently joined the ranks of Bitcoin proponents. Less than an hour ago, Musk changed his status on Twitter to the Bitcoin hashtag and seemingly suggested that his involvement in Bitcoin was inevitable in a cryptic tweet. He wrote: “In retrospect,

News  •  Bitcoin  •  Jan 28, 2021
Miami Mayor Hosts Bitcoin White Paper on Municipal Website
Miami Mayor Hosts Bitcoin White Paper on Municipal Website

In a testament to his support for Bitcoin, Miami mayor Francis Suarez announced on Wednesday that the Miami municipal webpage now hosts the Bitcoin white paper: "The City of Miami believes in #Bitcoin and I’m working day and night to turn Miami into a hub for crypto innovation.

News  •  Bitcoin  •  Jan 27, 2021
Bitcoin Could Replace Gold, Says Bank of Singapore
Bitcoin Could Replace Gold, Says Bank of Singapore

As Bitcoin has been experiencing accelerated institutional demand in recent months, one primary narrative has often stood out from the rest: a growing number of large investors can be observed comparing Bitcoin to gold and assigning it similar, if not better qualities as a store of value. The latest to

News  •  Bitcoin  •  Jan 27, 2021
Agustin Carstens: Bitcoin "May Well Break Down Altogether"
Agustin Carstens: Bitcoin "May Well Break Down Altogether"

Bitcoin is highly speculative, "hugely energy-intensive," lacks "value backing," and "may well break down altogether"—this is how Bank for International Settlements General Manager Agustin Carstens summarized his opinion on Bitcoin at a policy seminar by The Hoover Institute on Wednesday. In his talk

News  •  Politics  •  Jan 26, 2021
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