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…
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…
PayPal Users Now Can Start Trading in Cryptocurrencies
PayPal – the payment platform announced that they are now ready to provide its users with trading Bitcoin. The U.S. users now no longer have to wait and start paying for products and services in cryptocurrencies from their Paypal accounts. The platform also increased its limits…
Satoshi -era Bitcoins Worth Half a Million Dollars Just Transferred to Bitfinex
BTCparser, a Telegram bot, picked up a 50 Satoshi -era Bitcoin move which, is worth US$527,120 as of today. The transferred coins are now with a hot wallet belong to the cryptocurrency exchange Bitfinex. Those 50 BTC mined back in 2010 when it was introduced…
Pornhub World’s Leading Adult Site Accepts Cryptocurrencies
Cryptocurrencies are getting famous day by day. Due to this reason, many organizations and businesses adopt blockchain and cryptocurrencies towards their day to day business operations. The world-famous adult video platform Pornhub now accepts Bitcoin under their payment options. Founded in 2007, the site has…
Kerala man allegedly buys $27,000 of ecstasy with Bitcoin
A 24-year-old K Rahman arrested by authorities in India after allegedly procuring $27,000 worth of ecstasy pills paying with Bitcoin. According to the Times of India, the pills sent from Frankfurt in July mentioning a false address. Rahman is from Kerala and the drugs purchased…
Ethereum crossed $400 mark yet again, 10% up in 24 hours
Ethereum (ETH) price grew more than 9% during the last 24 hours, pushing the price passing $400 today. The price hit $429 at the press time, and the last time price achieved $400 was last week on the 6th of August. It reached a high…
Americans to look at Bitcoin amidst the Great Lockdown
A recent article by Bloomberg claims that Americans are looking at trading their dollars for high yielding stocks, gold, Bitcoin, and cryptocurrencies. Money out of thin air The central banks are creating money out of the thin air to inject more cash into the economy…
350 Million Paypal Users to get the opportunity to buy Cryptocurrencies on Paypal Platform
PayPal is used as a payment gateway by its most users. Throughout the years’ many users used the platform to exchange funds or to purchase products and services online. With the introduction of cryptocurrencies, PayPal was also used as a tool to buy and sell…
Survey: Japanese Cryptocurrency Holders Favour XRP over ETH?
Japanese cryptocurrency exchange BitMax has carried out a survey asking its traders to vote for their favorite cryptocurrency. As per the Survey, 26 percent of traders prefer Bitcoins and 25 percent prefer XRP whiles only 9 percent prefer in ETH. The survey posted on Twitter…
