Category: Investments

Canadian bank says Apple could be next to buy Bitcoin, build crypto exchange

Is the world’s biggest company by market cap looking to add the world’s biggest cryptocurrency to its treasury reserve? One bank seems to say so. Cryptocurrencies a better bet than EV for Apple Consumer technology firm Apple could be the next big enterprise to buy Bitcoin, as per a recent note by Canada’s largest bank,…

February 9, 2021
Major Thai bank’s venture arm sets up $50M fund to invest in blockchain, DeFi

Siam Commercial Bank, over a century old, doesn’t fail to keep up with the times.

February 9, 2021
Elon Musk gets “congratulated” by Michael Saylor after Tesla’s $1.5 billion Bitcoin splurge

The electric carmaker purchased over 37,000 Bitcoin, filings from today showed. And the firm’s CEO is getting congratulated by an institutional Bitcoin bull. Congrats, Musk! MicroStrategy CEO Michael Saylor is a happy man. The Bitcoin convert has picked up over a billion dollars worth of the asset last year, majorly through his company’s treasury and…

February 8, 2021
Tesla invests $1.5 billion into Bitcoin, plans to accept BTC payments

Tesla, a tech company led by well-known crypto enthusiast Elon Musk, has bought $1.5 billion worth of Bitcoin and plans to add support for BTC as a form of payment in the near future, according to its filing with the US Securities and Exchange Commission (SEC) published today. “Thereafter, we invested an aggregate $1.50 billion…

February 8, 2021
The institutionalization of BTC: Mining may be more profitable than buying

Regardless of Bitcoin’s price or future economic scenarios, Bitcoin mining will be a profitable activity.

February 6, 2021
Billionaire Bitcoin investor backs away from California governor bid

Citing the need to focus on business, venture capitalist Chamath Palihapitiya has put his political aspirations on hold.

February 4, 2021
Deloitte releases its own Bitcoin guide on the back of MicroStrategy’s “playbook”

The guide from the “big four” accounting firm wants to cater to new clients and businesses considering a Bitcoin investment. Guide for Bitcoin Deloitte, the international accounting part of the reputed “big four,” released its Bitcoin guide earlier this week on the back of enterprise business analytics firm MicroStrategy putting out its own “playbook” for…

February 4, 2021
Robinhood reportedly allowing instant deposits for crypto purchases again as DOGE surges

The feature was originally suspended on Jan. 29.

February 4, 2021
Institutional crypto fund Grayscale purchases 47,000 ETH in a single day

The crypto investment fund facilitates some of the biggest crypto traders for institutional clients. And its ETH purchases are surging. Stacking ETH Crypto investment fund Grayscale picked up over 47,000 ETH yesterday, data from filings showed. The fund additionally purchased over 12,300 Litecoin. At the moment, Grayscale is one of the only regulated ways for…

February 4, 2021
Bitcoin will likely reach $60K in 2021, says Investing.com analyst

63%of 800 respondents in the U.K. are planning to buy Bitcoin in 2021, according to a new survey by Investing.com.

February 4, 2021