A Ukranian government data report indicates that public officials there have declared owning 46,351 BTC, with several whales among them. According to Ukranian government data transparency provider Opendatabot, civil servants in the country have declared owning a total 46,351 BTC (worth some $2.6 billion at the time of this writing). The declarations came as property […]
Continue reading at Coinspeaker
Though no purchase has been announced, Walmart’s inevitable allocation to bitcoin will jump start a ripple of hyperbitcoinization. Let me make this clear: Walmart has not announced a purchase of $1 billion worth of bitcoin. But it will and let me tell you what’s going to happen when it does. MicroStrategy, Square and Coinbase are […]
A new record of bitcoin options expiring this week will doubtlessly have an effect on the BTC price in the near and short term. After another week of bitcoin price volatility, including a new all-time high, a new record of options expiring on March 26 could play a key role in price action and the […]
Bitcoin traders and investors are searching to indicate what might move the market as a record near $6 billion worth of bitcoin options is set to expire on March 26. Boosted Market Cap, Dwindling Rally Bitcoin is racing past a trillion-dollar market cap, reaching an elusive milestone and opening the door for new opportunities. Bitcoin returned to […]
TORONTO, March 18, 2021 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is thrilled to announce that Purpose Bitcoin ETF (“the ETF”), the world’s first Bitcoin ETF backed by physically settled Bitcoin, crossed $1 billion in assets under management on its one-month anniversary, emphasizing investor’s confidence in our innovation and demand for this burgeoning asset class. […]
Continue reading at Coinspeaker
Twitter Inc. the social media giant has announced $1.25 billion in convertible notes days after MicroStrategy bought over one billion worth of Bitcoin raised from a similar security debt offering. TWITTER, INC. ANNOUNCES $1.25 BILLION CONVERTIBLE NOTES OFFERING$TWTR — *Walter Bloomberg (@DeItaone) March 1, 2021 The announcement has got the rumors mill running especially given […]
The CEO of MicroStrategy–the business intelligence platform listed at NASDAQ, Michael Saylor, has confirmed that the firm bought an additional 328 BTC for roughly $15 million in cash. MicroStrategy’s Confidence in Bitcoin Their Form 8-k records on Mar 1 reveal, their doubling down came when Bitcoin and crypto prices crashed, falling approximately 30 percent from […]
After raising more than $1 billion dollars to buy bitcoin last Friday, MicroStrategy announced today that it has completed a purchase of approximately 19,452 BTC, purchased for an aggregate price of $52,765 per bitcoin. CEO Michael Saylor announced the monumental purchase via Twitter. MicroStrategy has purchased an additional ~19,452 bitcoins for ~$1.026 billion in cash […]
Tesla’s Bitcoin (BTC) bet has almost recouped the initial capital in profits barely a fortnight after the electric vehicle (EV) manufacturing giant announced its $1.5 billion BTC outlay. Indeed, the company could be in line to make more profits from adding Bitcoin to its balance sheet than from its entire inventory sale for the whole […]
This article and headline were updated on February 19, 2021. As Bitcoin hit new all-time price highs over $53,000 and the asset’s market capitalization passed $1 trillion, MicroStrategy CEO Michael Saylor announced on Twitter that his company closed out its convertible note offering to buy more bitcoin and raised more than expected at $1.05 billion, […]
MicroStrategy Inc. boosted its convertible debt sale to purchase Bitcoin by nearly half and cut the coupon to 0%, making it virtually a straight bet on the price of Bitcoin. Microstrategy’s Keen Investment in Bitcoin The company already has nearly 72,000 bitcoins as of February 2. Based on the price of virtual currency on Tuesday, […]
Earlier today, the world’s largest cryptocurrency Bitcoin (BTC) surged past $52,500 to hit its new all-time high. The latest BTC price rally comes as the world’s largest asset manager BlackRock announced its entry into Bitcoin on Wednesday, February 17. Interestingly, as Bitcoin touched its new all-time high today, it was just $1000 short of becoming […]
The U.S. Department of Justice (DoJ) on Wednesday indicted three North Korean national on charges of conspiring to steal nearly $1.3 billion in cash and cryptocurrencies from different financial institutions in the US. The three defendants in the case namely Jon Chang Hyok, Kim Il, and Park Jin Hyok are allegdley associated with the Reconnaissance […]
Ethereum broke the $200 billion market cap mark, surpassing secular companies such as Novartis and AT&T. Ether (ETH) is up 150% in 2021, causing its market capitalization to soar above $200 billion. Most traders are fixated on the unitary price, even though it is entirely arbitrary, therefore missing relevant milestones and comparables. Ether and Bitcoin […]
MicroStrategy, the software giant has purchased another 295 bitcoin worth $10 million at $33,808 apiece, taking their total Bitcoin holding to 71,079 Bitcoin worth $2.47 billion. MicroStrategy has purchased approximately 295 bitcoins for $10.0 million in cash, at an average price of ~ $33,808 per #bitcoin. We now #hodl ~ 71,079 bitcoins acquired for $1.145 […]
Mariner Wealth Advisors, one of the leading Regulated Investment Advisory (RIA) has partnered with crypto-focused investment firm Eaglebrook Advisors to offer Bitcoin to its clients. Mariner Wealth is one of the leading RIA firms which has over $35 billion worth of assets under its management. Eaglebrook would offer its BTC separately managed account (SMA) to […]
Bitcoin’s price is climbing for the third straight day as more of the cryptocurrency is locked into the Ethereum network.
On November 5, 2020, federal prosecutors filed a civil complaint describing the seizure of 69,370 bitcoin (worth about $1.06 billion at the time of this writing) from an individual who was able to steal the funds from darknet marketplace Silk Road. According to the complaint, the funds were stolen from Silk Road across 54 previously […]
According to the researchers at Glassnode, OKEx holds $2.3 billion worth of Bitcoin. The report comes after the exchange temporarily suspended withdrawals on October 16. In a public statement, OKEx said that one of the persons holding a private key to the exchange’s wallet is cooperating with investigators. The statement reads: “One of our private […]
The price of bitcoin continued to show gains on Wednesday, defying critics to set a new all-time high on a stellar night-time trading session.