MassMutual Invests $100 Million in Bitcoin: Bloomberg
The 169-Year-Old Massachusetts Mutual Life Insurance Co. aka MassMutual which has been in the industry since 1851 is the latest mainstream firm to adopt Bitcoin into their investment portfolio. MassMutual has purchased $100 million in Bitcoin for its general investment fund. The company has also…
MicroStrategy Buys Another $50M Worth of Bitcoin
Microstrategy CEO Michael Saylor tweeted on Friday mentioning that the company purchased approximately 2,574 more Bitcoin for $50 million in cash. The billion-dollar company accumulated closer to 40,824 Bitcoins to the date. Their bitcoins are now worth closer to $780 million at the present market…
65% PayPal Users Would Use Bitcoin as Currency at PayPal’s 28M Merchants – Mizuho Securities Survey
Most of us heard the news about the hedge fund manager Pantera Capital revealing, Paypal bought up to 70 percent of all the newly mined Bitcoin since the payment gateway service started offering their crypto services. PayPal and Square Cash App, the two giants in…
Chinese Police Seize $4.2 B Worth of Crypto Assets Over the PlusToken Ponzi Scheme
Chinese Police seized crypto assets worth more than $4.2 billion, which were directly involved in the Ponzi Scheme PlusToken. This scheme managed to exploit over two million people and, 15 suspects have been arrested so far. As reported by The Block, the Chinese Authorities managed…
Netherland’s New Law on Cryptocurrency Service Providers: Clients Must Explain Why They Want To Buy Bitcoin
World’s largest cryptocurrency with the highest market capitalization Bitcoin continues to rally. Accounting to more than 80 percent in gains over the past six weeks, the coin’s Mayer Multiple-the ratio of price to the 200-day moving average shows this rally is at its early stages….
US Senator Cynthia Lummis to Educate Congress about Bitcoin as a ‘Great Store of Value’
Long term Bitcoin holder Senator Cynthia Lummis has revealed that she will give priority to explain her colleagues in Congress about Bitcoin as “a great store of value.” Republican candidate Cynthia Lummis won a U.S. Senate seat representing Wyoming filling the seat of Senator Mike…
Bitcoin Hits $18K, Price Increased by 9% within 24Hrs
Bitcoin price rallied to $17,858 with a higher number of volume surge, pushing the price through the $17,100 to $17,300 field. Many analysts predicted the above range would be a powerful resistance level. However, Bitcoin managed to set another high in 2020 by rallying above…
Actress Maisie Williams – “Should I go long on Bitcoin?”
The British actress Maisie Williams, who starred in the HBO series Game of Thrones as the famous Arya Stark, daughter of Lady Catelyn and Lord Eddard is looking to invest in Bitcoins. Maisie tweeted on Monday the 16th of November asking her fans, whether she…
Grayscale Investments Purchases $240M Worth of Bitcoin Again
Grayscale investments is an organization that manages cryptocurrency investment funds. Being a subsidiary of Digital Currency Group, the institute has been making many news headlines about its purchases of Bitcoin recently. The company’s largest trust, Grayscale Bitcoin Trust (GBTC), created in 2013, now manages more…
Buying Bitcoin and Cryptocurrencies in 2020
The interest in Bitcoin and Cryptocurrency is rising every day. When Bitcoin sets new records everyone is searching for buying Bitcoin, the new internet gold. So we thought to create a guide on How to buy Bitcoin in 2020. What is Bitcoin? Bitcoin is a…
