Tag: bitcoin
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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…
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Cardano, Polkadot Market Caps Surpass XRP as Some Bet on Alternatives to Ethereum
The price of gas continues to rise on Ethereum, squeezing smaller retail traders using DEXs.
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Apple Should Launch Own Crypto Exchange, RBC Analyst Says
Analysts at the largest bank in Canada have other suggestions for the iPhone maker, including developing an open system that uses a bitcoin wallet.
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Bitcoin-Based Lending And Savings Platform Ledn Raises $2.7 Million
This morning, Toronto-based bitcoin lending and saving company Ledn announced a $2.7 million financing round led by White Star’s Digital Asset Fund, with participation from Darrow Holdings, Coinbase Ventures, Global Founders Capital, CMT Digital and Kingsway. The Toronto-based company serves clients in over 100 countries by offering interest-paying savings accounts for bitcoin and USDC, as…
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Blockchain Bites: Tesla Drives $1.5B Into Bitcoin, Brian Brooks Comments on Monetary Debasement
Tesla plowed $1.5 billion into bitcoin, ETH futures went live on CME, Brian Brooks comments on dollar debasement.
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Chinese Mining Pool Poolin Acquires North American Competitor NovaBlock
China-based mining pool Poolin, which contributes the second-largest amount of hash rate of any single entity on the Bitcoin network, has acquired NovaBlock, a North American pool with offices in St. Jose, California and Calgary, Canada. The takeover will net Poolin an additional 1,681.83 petahashes per second (PH/s) in mining capacity, per data from BTC.com,…
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IOHK on the brink of securing a massive Cardano government contract in Africa
IOHK, the company behind the Cardano blockchain, is in the final stages of securing a huge government contract in Africa. According to John O’Connor, the director of African Operations at IOHK, the project could add millions of users to Cardano for real-world blockchain implementation. IOHK making major strides in Africa with real-world blockchain solution built…
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The Legacy Of Bitcoin Casinos Grows With The Technology
This is a promoted article provided by 1xBit. Online gambling has been a use case for bitcoin and other cryptocurrencies for almost as long as the technology itself has existed. And as Bitcoin grows as a network, and more people around the world adopt bitcoin, it’s clear that the online casinos that embrace BTC-based gambling…
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Ex-OCC Chief Brooks Calls Tesla’s Bitcoin Buy a Bit ‘Scary’ for Rest of World
Brooks said the U.S. money supply will have risen 40% over the last 12 months once the most recent round of stimulus is done.
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It’s Happening: Tesla Buys $1.5 Billion Of Bitcoin
Elon Musk’s multi-billion dollar company, Tesla, has purchased an aggregate $1.5 billion of BTC and will begin to accept the cryptocurrency as payment, per a financial performance report filing with the U.S. Securities and Exchange Commission for the fiscal year ended on December 31, 2020. Per the filing, in January 2021 the company updated its…