Author: Bradley Sims
Michael Saylor lays out why bitcoin beats property as a store of value and what crypto going mainstream would look like
MicroStrategy CEO Michael Saylor discussed why Bitcoin is the most valuable store of value in a recent interview. This was shortly after Michael Saylor had promised to continue buying the digital assets even though...
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
Crypto miners now face a tax increase and tighter supervision, on top of the electricity shortages that have already caused some companies to leave Kazakhstan. At a meeting this week with ministers,...
Tesla’s Latest Financial Statement Shows Bitcoin Worth $1.26 Billion
Tesla’s Q4 and FY2021 financial reports were released Wednesday. Unaudited financial statements show that the company had $1.26 billion in digital assets at December’s end last year. This amount remains unchanged from the...
Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode
Manuel Beaudroit founded Belo, an Argentine mobile wallet app. It aims to create a bridge’ between the crypto worlds and the life in pesos. The company announced on Monday that it...
Rising Omicron Cases, Tesla Pressure Eases, Bitcoin – What’s Moving Markets
Omicron cases continue their rise in Europe and the Americas. However, stock markets are buoyant. Elon Musk has used all his Tesla (NASDAQ) options. This could reduce the selling pressure on...
Crypto hedge funds outperform Bitcoin in November: Report
Cryptocurrency-themed hedge funds outperformed Bitcoin, the world’s largest cryptocurrency by market cap, in November. According to Bloomberg, Bitcoin lost 6.5 percent in November, but hedge funds that have exposure to multiple cryptos, including altcoins suffered...
Alternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ Portfolios
According to a poll by Investing.com, more than half the portfolios of non-qualified Russian investors are made up of alternative investments such as crypto, real estate and antiques. With 46% of...
leFamed Economist Doubts Bitcoin Will Become Global Currency
In an interview with CNBC Monday, Mohamed El-Erian, a renowned economist, discussed the future outlook of cryptocurrencies, especially bitcoin, during a conversation. El-Erian, the chief economic advisor at Allianz is...
Bitcoin’s retreat from $66K may signal a whipsaw end to an ’emotional’ year
Analysts believe that Bitcoin ( USD) could finish 2021 with the same price action that brought it from below $30,000 to a new record close to $66,000 in a matter of months. investors...
Stripe Is Hiring a Crypto Team 3 Years After Ending Bitcoin Support
Stripe, a payments company, has started to build a crypto engineering team in order to chart its future with digital assets. The team, which is described in LinkedIn posts as...