2020 was the year Bitcoin caught the eye of institutions. While many were skeptical when MicroStrategy famously converted its corporate treasury reserves to Bitcoin, it didn't take long for Michael Saylor's move to awake the interest of other corporations and financial institutions.
As the developments of
Allegations against financial services institution Deltec and stablecoin issuer Tether, one of Deltec’s customers, spread rapidly this week as a story first published by CoinDesk implied that Deltec had used Tether’s funds to buy bitcoin.
The article in question refers to a recently published year-in-review video by Deltec,
In a written response to the Senate Finance Committee on Thursday, Janet Yellen elaborated on her view of Bitcoin and other cryptocurrencies, to which she attributes the potential to "improve the efficiency of the financial system."
Former Federal Reserve chair Yellen has been nominated by President-Elect Biden to
In a written response to the Senate Finance Committee on Thursday, Janet Yellen elaborated on her view of Bitcoin and other cryptocurrencies, to which she attributes the potential to "improve the efficiency of the financial system."
Former Federal Reserve chair Yellen has been nominated by President-Elect Biden to
2020 was the year Bitcoin caught the eye of institutions. While many were skeptical when MicroStrategy famously converted its corporate treasury reserves to Bitcoin, it didn't take long for Michael Saylor's move to awake the interest of other corporations and financial institutions.
As the developments of
Allegations against financial services institution Deltec and stablecoin issuer Tether, one of Deltec’s customers, spread rapidly this week as a story first published by CoinDesk implied that Deltec had used Tether’s funds to buy bitcoin.
The article in question refers to a recently published year-in-review video by Deltec,
Bitcoin proponents are already in awe at the size of the United States' latest $1.9 trillion coronavirus stimulus bill, but for the International Monetary Fund (IMF), it is not enough.
Speaking at the twelfth Russian Gaidar economic forum on January 15th, IMF managing director Kristalina Georgieva told world
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
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
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
