Data released by the Federal Reserve on Thursday has shown a new all-time high in the central bank's balance sheet. The U.S. monetary authority now holds $7.177 trillion worth of assets—from exchange-traded funds and Treasuries to mortgage-backed securities and credit facilities.
$7.177 trillion is
Announced on October 23rd, Riccardo Casatta has received a grant of an undisclosed amount by Square Crypto. Square Crypto is the Bitcoin-focused development branch of $80 billion financial technology company Square.
Casatta is a Blockstream engineer currently on sabbatical as he intends to work on the Bitcoin Development Kit with
As Bitcoin experiences rapidly increasing institutional interest, Bitcoin companies may soon find themselves wooed by legacy finance and technology companies, anticipates Galaxy Digital CEO Mike Novogratz.
In an interview with Bloomberg Technology on Friday, Novogratz predicted that within a year's time, major credit card companies such as VISA,
As Bitcoin experiences rapidly increasing institutional interest, Bitcoin companies may soon find themselves wooed by legacy finance and technology companies, anticipates Galaxy Digital CEO Mike Novogratz.
In an interview with Bloomberg Technology on Friday, Novogratz predicted that within a year's time, major credit card companies such as VISA,
Data released by the Federal Reserve on Thursday has shown a new all-time high in the central bank's balance sheet. The U.S. monetary authority now holds $7.177 trillion worth of assets—from exchange-traded funds and Treasuries to mortgage-backed securities and credit facilities.
$7.177 trillion is
Announced on October 23rd, Riccardo Casatta has received a grant of an undisclosed amount by Square Crypto. Square Crypto is the Bitcoin-focused development branch of $80 billion financial technology company Square.
Casatta is a Blockstream engineer currently on sabbatical as he intends to work on the Bitcoin Development Kit with
Over the course of 24 hours, asset management firm Grayscale's net assets under management (AUM) recorded a rapid inflow of $300 million.
On October 21st, Grayscale reported its net AUM hit $7 billion, with the Grayscale Bitcoin Trust (GBTC) representing 82.84% of it. A day later on
One of the few macro investors to predict the 2008 Great Recession, Raoul Pal, thinks Bitcoin will act as a "life raft" amid these unprecedented geopolitical and macroeconomic times.
How Raoul Pal Found Bitcoin
The investor released a 35-minute video on Tuesday outlining why he thinks so. After
Bitcoin's surge past $13,000 has not gone unnoticed by the mainstream media. CNBC brought on Meltem Demirors, CSO of CoinShares, then billionaire Wall Street investor Paul Tudor Jones to talk about the cryptocurrency after the rally.
In Tudor Jones' interview on Thursday morning, the hedge fund
Earlier today, UK fintech firm Mode Global Holdings PLC announced plans to hold 10% of its cash reserves in bitcoin to avoid fiat debasement - making it the first publicly traded UK firm to take a punt on Bitcoin.
Mode's move follows in the footsteps of other publicly
Paypal is entering the cryptocurrency space: the firm has announced it will allow account holders in the U.S. to buy, sell, and hold bitcoin in their PayPal wallets over the coming weeks.
The payments giant will also enable users to spend bitcoin through its network of 26 million merchants
