Elon Musk to Accept Payments in Bitcoin?
Elon Reeve Musk, the founder and CEO of SpaceX, Tesla Inc has just surpassed Amazon’s Jeff Bezos as the world’s richest person. Musk’s net worth hit $186 billion on Wednesday. The Amazon CEO Jeff Bezos held the world’s richest person title since October 2017 and,…
Bitcoin to Mark a New All-Time-High With $29,000
The world’s first cryptocurrency Bitcoin, recorded another high this Wednesday. Whilst the Trump administration is pushing to send a one-time stimulus package to millions of American citizens starting soon this week, following Trump’s late signing of papers for a $900 billion coronavirus aid package. Many…
Russell Okung the First NFL Player to be Paid Earnings in Bitcoin
Russell Okung, the offensive lineman of the Carolina Panthers, is a huge supporter of Bitcoin. Since his first tweet about the demand for Bitcoin in 2019, the price of the asset has increased by more than 273 percent. With this Russ will be the first…
Bitcoin Price Hit New All-Time High Past $21,000
Bitcoin price is setting new historical records each day. The world’s number one cryptocurrency reached over $21,000 today, setting a new all-time high. At the time of writing, Bitcoin is hovering at $21,700 and is up by 12 percent on the day. The sudden spike…
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…
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…
