MicroStrategy Grew Its Bitcoin Stash by $1 Billion
Business intelligence firm MicroStrategy announced that they increased its Bitcoin holdings. The firm purchased $1.026 billion worth of Bitcoin. Close to 19,452 Bitcoins were purchased at an average price of $52,765. With the recent purchase, MicroStrategy holds approximately 90,500 Bitcoins. The total value of its…
Bitcoin Achieved a New All-Time High Passing $50K
The price of Bitcoin just reached another all-time high breaking the $50,000 barrier. World’s largest cryptocurrency achieved this at a time where Tesla announced its $1.5 billion investment in Bitcoin two weeks ago. MicroStrategy announced that they are looking at selling $600 million worth of…
Bitcoin Passed $44K as Tesla Invested $1.5B into Bitcoin
The CEO of Tesla, Elon Musk, invested $1.5 billion into Bitcoin. According to an SEC filing today, the world’s richest man has purchased Bitcoin worth $1.5 billion in January. No sooner than the news of the purchase published, the price of Bitcoin spiked passing, $43,000,…
PayPal to Launch a Dedicated Crypto Arm
The CEO of PayPal Holdings, Daniel Schulman announced that they launched a new dedicated business segment to initiate the crypto arm. Schulman made it public during PayPal’s earnings call on last Wednesday. He further said that they will focus much of their resources on blockchain…
Ethereum Price Reached a New All-Time High of $1,500
The world’s second-largest cryptocurrency by market cap, Ethereum is now worth closer to $175 billion. The price of Ethereum achieved a new all-time high today as it reached above $1,500 with an increase of 14% in the last 24 hours. At the time of the…
Tesla CEO Elon Musk said He’s a supporter of Bitcoin
Bitcoin is one of the most discussed topics during this year. The price of Bitcoin reached the $40,000 mark last month. The Billionaire CEO of electric car manufacturer Tesla Elon Musk said that he believes Bitcoin is on “the Verge” of breaking into the traditional…
Crypto enthusiast builds a mining rig in his BMW i8 trunk
Have you ever heard of a mining rig installed in a supercar? Simon Byrne has fixed a Bitcoin mining rig in the trunk of his BMW i8 car. The BMW i8 is a plug-in hybrid sports car developed by German car manufacturer BMW. The I8…
Billionaire Bitcoiner Chamath Palihapitiya Running for California Governor
Chamath Palihapitiya, an early bitcoin investor, announced his plans to run for the governor of California. A group of wealthy technologists has joined together for the cause of the removal of Gavin Newsom as California governor. Some residents from California have displeased with his performance….
World’s Top 10 Valuable Assets by Market Cap – Bitcoin #8
The world’s number one cryptocurrency Bitcoin, reached $35,000 today. Bitcoin’s market capitalization reached $640 billion bringing the total value of the asset closer to the share prices of Alibaba and Tesla. At the time of writing, Bitcoin’s price is $34,568.20 with a 24-hour trading volume of…
Ethereum Skyrockets to $1,000, Will it set a new all-time high?
The world’s second-largest cryptocurrency by market cap, Ethereum, just shot $1,021 today after adding few more hundreds to its final price. Coinmarketcap showed that the coin briefly achieved price at 10:34 UTC today. Ethereum price today is $1,058.06 USD with a 24-hour trading volume of $56,228,937,516…
