Ned Segal, Twitter’s chief financial officer (CFO) revealed that the social media giant was considering purchasing bitcoin, shortly after Tesla’s made a billion-dollar BTC investment. Twitter Could Add Bitcoin to Balance Sheet Based on Demand Speaking in an interview on CNBC’s Squawk Box on Wednesday (Feb. 10, 2021), the Twitter […]
Bitcoin’s price has been surging in recent months, setting new record highs every other month. This has attracted wide interest from mainstream media, and with it, celebrity endorsements for the top crypto. Elon Musk, Kanye West, Ashton Kutcher, Maisie Williams, Paris Hilton, Floyd Mayweather and more have all expressed interest […]
Bitcoin fell by some 10% today to a low of $43,800 before somewhat recovering to around $44,500 at the time of writing. The currency has seen lower volumes than yesterday at $84 billion, with this correction expected after it jumped to $48,000. Some were wondering whether it would go straight […]
Shares of Fortress Transportation and Infrastructure Investors LLC (FTAI), a New York-based owner of infrastructure and related equipment, are rising more than 12 percent or $2.97 in Wednesday’s morning trade at $27.17, after hitting a new 52-week high of $27.23 despite no company-specific news. U.S. stocks are rising on Wednesday, […]
Bitcoin price is trading nicely in a major uptrend above $45,000 against the US Dollar. BTC is likely to aim more gains towards the $50,000 level in the near term. Bitcoin Price Analysis In the past few days, there was a strong increase in bitcoin price from the $40,000 support […]
The leading cryptocurrency continues to absorb any and all capital in its path, causing its price and market cap to expand. The recent uptrend and price appreciation in Bitcoin has caused the asset to outrank the Russian ruble in terms of total market cap. Here’s why the cryptocurrency continuing to […]
Lost or forgotten passwords to bitcoin and cryptocurrency accounts typically lead to money that cannot be accessed, and according to German prosecutors, this appears to have hindered a recent case of criminal fraud involving bitcoin mining. Lost Passwords Remain a Serious Issue At the time of writing, law enforcement agents […]
There is a good chance that any new bitcoins generated after Elon Musk boosted the crypto will be sourced using cheap coal power in China’s Xinjiang. Cheap Reserves of Fuels Make the Province Suitable The region, which has risen to prominence in recent years for complaining about harassment of the […]
They said it couldn’t happen again, folks, but they were clearly wrong. After scathing reports from financial giants like JPMorgan emerged claiming that bitcoin could never hit the $40,000 mark again, the asset has done just that. At the time of writing, bitcoin – the world’s number one digital currency […]
Companies are sitting on a pile of cash with their treasury reserves increasing during last year according to the latest data. US publicly traded companies are holding $2.506 trillion according to S&P Global which says “the total cash positions of the top 1% of companies increased by more than $80 […]
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