Business intelligence software and services provider and bitcoin whale MicroStrategy today announced its newest purchase of 3,907 BTC at approximately $45,294 per BTC for $177 million, according to a US SEC filing on Tuesday. The purchase brings to total the number of BTC owned by the Virginia-based firm to 108,992, […]
Shares of linear and mixed-signal integrated circuits maker Maxim Integrated Products, Inc. (MXIM) are climbing more than 4% Monday morning on Chinese antirust clearance for the previously announced acquisition of Maxim by Analog Devices, Inc. (ADI). The companies said they have received all regulatory clearances for the business combination and […]
Nigel Green, the CEO and founder of one of the world’s largest independent financial advisory organizations, the deVere Group is one amongst many who is very bullish on Ethereum (Ether). Green has shared sentiments similar to other Crypto proponents on Ether’s potential. The Ethereum takeover, poised to send Ether to […]
Payments giant PayPal expands its crypto trading services to the UK. UK Crypto Enthusiasts Welcome PayPal PayPal, a leading payments solution with a market cap of more than $320 billion today announced it had expanded its crypto trading services to the UK, according to a report by The Block. Per […]
Celebrity investor Kevin O’Leary (aka “Mr. Wonderful” on ABC TV series “Shark Tank“) said recently that institutions are beginning to view Bitcoin and other cryptoassets as digital “property.” During an interview for episode #25 of The Best Business Show, O’Leary told Anthony “Pomp” Pompliano that institutions are beginning to treat Bitcoin […]
Bitcoin traded above $48,800 on August 20 for the first time since May 17, holding the trading range between $46,000-$48,000 tight for the past three days. The top coin has soared 3.93% in the last 24 hours, to trade at $48,429 at the time of writing. Several crypto analysts speculate […]
An earlier case that marked the first instance for Sweden to prosecute a crypto-related crime will now see a jailed drug dealer receive over $1.6 million from the Swedish government after bitcoin appreciated tremendously while he was incarcerated. At the time of his sentencing two years ago, the man had […]
A newly released BlackRock filing with the Securities and Exchange Commission (SEC) dated June 30, 2021, has revealed that the firm has invested more than $382 million in the shares of Marathon Digital and Riot Blockchain, making it the second-highest shareholder of both bitcoin (BTC) mining companies, according to a […]
Shares of Macy’s, Inc. (M) are up more than 14% Thursday morning following better-than-expected second-quarter results. The company reported net income of $345 million or $1.08 per share in the second quarter compared with net loss of $431 million or $1.39 per share in the same quarter a year ago. […]
Banco Central de Reserva (BCR), the central bank of El Salvador, has published draft regulations for banks and other financial institutions looking to offer bitcoin-related services. Draft Regulations for Bitcoin Digital Wallet Services The BCR released the document titled “Guidelines for the Authorization of the Operation of the Digital Wallet […]
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