On Tuesday (June 8), Marc Lasry, the billionaire co-founder and CEO of hedge fund Avenue Capital Group (and co-owner of NBA team Milwaukee Bucks), expressed his regret over not buying more Bitcoin several years ago when the price was much lower. The hedge fund that Marc Lasry co-founded (with his sister Sonia Gardner) […]
Hamish Baillie, Investment director at UK-based asset manager Ruffer Investment Company Limited (“Ruffer”) recently talked about his firm’s experience with investing in Bitcoin. Ruffer is a closed-ended investment company incorporated in Guernsey, an island in the English Channel. It was funded in 1994, and it has around 6,600 clients worldwide., “mainly individuals […]
Mexican politician Eduardo Murat Hinojosa shared a tweet recently that outlined his support for Bitcoin’s growth. Furthermore, he vowed to promote enabling regulations that will advance hand in hand with the new generation currency, Bitcoin. More Countries Adopting Bitcoin According to the ‘Global Blockchain and Cryptocurrency Market 2021’ research, an […]
The Congress of El Salvador has passed the Bitcoin Legal Tender bill with 62 out of 84 voting in favor, said Nayib Bukele, the president of El Salvador. The bill is translated below in full with it stating the bill “is to regulate bitcoin as legal tender,” detailing “all prices […]
Warren Buffet’s Berkshire Hathaway has made a $500 million investment in the parent company of the privately-held digital bank Nubank, which has been offering cryptocurrency investment products to its users. According to CNBC, Nubank is a private bank based in Brazil that was founded in 2013, and has roughly 40 […]
Recently, NBC News, the news division of the American broadcast television network NBC, called Cardano “currently the most significant proof of stake cryptocurrency on the market” in a report about energy consumption of cryptocurrencies. In this report, which was titled “Cryptocurrency goes green: Could ‘proof of stake’ offer a solution […]
San Jose Sharks’ move to accept large and recurring payments in cryptocurrencies such as Bitcoin and Dogecoin make it the first NFL team to do so. Jonathan Becher, the president of San Jose Sharks, said that using crypto for smaller purchases that include food and beverage, tickets, and merchandise will […]
Shares of beverage company Keurig Dr Pepper Inc. (KDP) are down more than 5% Tuesday morning. Monday, the company announced a secondary public offering of 28 million common shares, on behalf of Mondelez International Holdings LLC. Upon completion of the offering, Mondelez will own about 6.4% of the Company’s outstanding […]
Former US President Donald Trump is once again taking aim at the world’s largest cryptocurrency. Speaking with Stuart Varney on Fox Business today, Trump described bitcoin as a “scam” and insinuated that it’s just another currency competing with the United States dollar. Here’s part of the quote: “Bitcoin just seems […]
Blockchain technology firm Blockstream allies with Square to push for solar-powered bitcoin mining. Powering Solar-Energy Mined Bitcoin In an announcement made on June 5, blockchain firm Blockstream announced a partnership with Jack Dorsey’s Square Inc. to develop an open-source, solar-powered bitcoin mining facility at one of Blockstream’s mining sites in […]
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