On Tuesday (February 1), Bitcoin company NYDIG announced “the launch of a Bitcoin Savings Plan to let employees of leading companies get #PaidInBitcoin.” NYDIG is “a subsidiary of Stone Ridge, a holding company that has led the creation of forward-thinking firms across the worlds of technology and finance, including a […]
Nayib Bukele, the President of El Salvador, has argued on social media that bitcoin ($BTC) will see a “gigantic price increase” in the future as more wealthy individuals move in to acquire the flagship cryptocurrency and its limited supply forces them to bid higher for it. In a tweet Bukele […]
Even as the crypto market suffers, non-fungible tokens or NFTs, — which are projected to feature heavily in the fledgling tech space called the metaverse — are still netting eye-popping amounts of money. But a deeper look shows that this trend threatens bitcoin’s bullish bias based on historical data. This […]
Recently, an Italian couple reported on the successful completion of a challenge they had set for themselves: travel around El Salvador, the small Central American nation that made Bitcoin legal tender on 7 September 2021, relying only on Bitcoin to pay for goods and services. According to a report (published […]
London, Ontrio based Mediterranean cuisine restaurant chain Tahini’s is using its Bitcoin profits in order to expand to new locations across Ontario. According to a report by Toronto Star, Tahini’s is using Bitcoin profits in order to open new restaurants in Ontario, a stellar turn around for an enterprise that […]
In a recent interview, former White House Director of Communications Anthony Scaramucci, who is the founder and managing partner of global alternative investment firm SkyBridge Capital (“SkyBridge”), shared his thoughts about Bitcoin. SkyBridge is “a global alternative investments firm specializing in multi-strategy commingled fund of hedge funds products, custom separate account portfolios and […]
Goldman Sachs has warned that investors should not expect rising cryptocurrency adoption to translate to riches for their portfolios, as analysts at the investment bank have speculated prices may not rise as adoption grows. According to a note sent to clients, reported on by Bloomberg, Goldman Sachs analysts Zach Pandl […]
A senator from Arizona has introduced a bill that would allow the state to adopt bitcoin as legal tender. The bill, if passed, would require citizens and businesses in Arizona to accept bitcoin as payment alongside the U.S. dollar. However, the chances of this legislation succeeding are quite low because […]
Christophe De Beukelaer has revealed plans to convert his monthly salary into bitcoin (BTC), making him the first politician in Europe to go all-in on the super volatile digital currency, according to a report by Bruzz on January 28, 2022. Belgian MP Joins the Bitcoin Train Christophe De Beukelaer, a […]
Shares of Mitek Systems, Inc. (MITK), mobile capture and identity verification software solutions provider, are up more than 6% Friday morning after reporting better-than-expected earnings in the first quarter. Net income in the first quarter increased to $3.1 million, or $0.07 per diluted share. from $2.17 million or $0.05 per […]
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