That Tesla has invested in bitcoin is an announcement the market had long sought to hear.
Tesla’s Buying of Bitcoin Briefly Made Bitcoin More Valuable Than Tesla
The cryptocurrency was more valuable than all but seven of the world’s publicly traded companies.
Ex-OCC Chief Brooks Calls Tesla’s Bitcoin Buy a Bit ‘Scary News’ for Rest of World
Brooks noted that the U.S. money supply will have risen 40% over the last 12 months once the most recent round of stimulus is done.
Bitcoin Back Above $40K as Institutions Lead the Way
BTC is back within striking distance of its all-time high set early last month.
Bitcoin Back Above $40K as Institutions Lead the Way
BTC is back within striking distance of its all-time high set early last month.
Coinbase Announces Proposed Direct Listing of Its Shares
Leading cryptocurrency exchange Coinbase Global said it intends to become a publicly traded company pursuant to a proposed direct listing of its Class A common stock. This story will be updated.
Coinbase Announces Proposed Direct Listing of Its Shares
Leading cryptocurrency exchange Coinbase Global said it intends to become a publicly traded company pursuant to a proposed direct listing of its Class A common stock. This story will be updated.
Dalio Expects to Soon Offer Alt-Cash Fund, Says ‘Bitcoin Won’t Escape Our Scrutiny’
“Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of,” Dalio said.
Union Square Ventures to Allocate 30% of New $250M Fund to Crypto-Related Investments
Planned investments “will include holding tokens directly as well as equity in early-stage blockchain-related projects.”
Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450
The price of ether (ETH), the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday.
BOE’s Bailey, Western Union CEO Part of Davos Panel on Digital Currencies
The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic.
Famed Investor Bill Miller Explains Buying MicroStrategy Debt: It’s the Bitcoin
“Not owning any Bitcoin has been a massive mistake, and we expect that will continue to be true,” the famed value investor wrote to clients.
Proposed Crypto Wallet Rule Among Those Frozen by Biden Pending Review
President Joseph Biden has frozen all agency rulemaking, including former Treasury Secretary Steven Mnuchin’s controversial proposal on “unhosted wallets,” according to a prominent cryptocurrency lawyer. The story is developing and will be updated.
Kraken to Halt XRP Trading for U.S. Residents
Clients residing outside the U.S. will be unaffected.
Mt. Gox Creditors Can Claim 90% of Bitcoin Owed Under Pact Reached With CoinLab: Bloomberg
The agreement is subject to creditor acceptance.
Tether’s Bank Says It Invests Customer Funds in Bitcoin
Deltec, Tether’s Bahamas-based bank, announced Thursday it was investing customer funds in bitcoin. The announcement, made by Deltec Bank & Trust Chief Investment Officer Hugo Rogers during a year-in-review video, raises new questions about whether the dollar-pegged USDT stablecoin, which is in theory backed by cash and “cash equivalents,” as well as “other assets and […]
FinCEN Extends Comment Period for Controversial Crypto Wallet Rule by 15 Days
The Financial Crimes Enforcement Network is providing an additional 15 days for comments on the proposed reporting requirements regarding unhosted crypto wallets.
‘Was This Correct?’ Twitter’s Dorsey Asks About Banning Trump and Then Says ‘Yes’
Twitter CEO Jack Dorsey took to (where else?) Twitter to ask the question “was this correct?” regarding his company’s decision to ban U.S. President Donald Trump in the following last week’s attack on the Capitol and then proceed to answer that yes, it was. This story is developing and will be updated.
Grayscale Investments Begins Dissolution of Grayscale XRP Trust After SEC Suit
Cash proceeds from the Trust’s liquidated XRP will be distributed to Trust shareholders, Grayscale said.
Gensler Said to Be Named SEC Chairman: Reuters
Gensler has testified before Congress about cryptocurrency and blockchain on multiple occasions.