Stone Ridge buys 10,000 BTC worth $115 million
This is certainly big for Bitcoin especially when the background has been set by many institutional investors for big-time investments in the world’s most popular crypto. And after many enterprises…
Bitcoin
Almost $7 billion in Bitcoin is held by publicly traded companies – Panic time?
A total of 13 publicly traded companies now have Bitcoin in their financial assets. This amounts to $6.9 billion, although the main investor remains Grayscale. Would publicly traded companies stop…
Tesla’s Gigafactory gets a Bitcoin ATM
Tesla Fremont Gigafactory in Nevada has a new ATM, and this time it is a Bitcoin ATM. The facility was provided by its first ATM recently and this came to light when a Twitter user decided to tweet…
Bitcoin Options Contract Volumes witnesses a 79% surge in September
CryptoCompare has given its monthly updates again and this time for Bitcoin Options Contract. As per its report, a total of 4,872 bitcoin options contracts were traded on the Chicago Mercantile…
Popular On-chain analyst hints at possible Bitcoin accumulation by corporates
Bitcoin is currently viewed as a strong reserve of value asset which is why it is becoming the institutional investor’s favorite. High net-worth investors are now relying on Bitcoin as an efficient…
Bitcoin surpasses $11,000, Is $12,000 the next target?
Staying below $11,000 levels for weeks and months can be a good sign. Good because despite so much volatility and bad news pouring in, Bitcoin still managed to hold its guard and did not repeat its…
Tyler Winklevoss believes that the economic stimulus package is an ad campaign for Bitcoin
The Stimulus to boost the economy is still on the burner, considering that the Republicans and Democrats are still negotiating how much stimulus will help boost the US economy. But Donald Trump after…
Call for an immediate upgrade as vulnerabilities discovered in Lightning Network
Following a vulnerability discovered in the system, the Lightning network node operators running LND versions before October 1’st for version 0.11 upgrade have been asked to upgrade on an immediate…
Wrapped Bitcoin demand explodes due to DeFi
The demand for tokenizing Bitcoin on Ethereum does not weaken these last few weeks, with DeFi as the main driver. On the Wrapped BTC (WBTC) protocol alone, the growth of bitcoin tokenization reaches…
More than $26 million in Bitcoin stolen in 2016 Bitfinex hack moved
In 2016, more than $60 million worth of bitcoin was stolen from one of the world’s largest digital currency exchanges Bitfinex. This theft at that point represented the largest loss of bitcoins by…
Jack Dorsey’s Square invests $50 million in Bitcoin
The American electronic payments company Square, co-founded and managed by the famous pro-Bitcoin Twitter CEO Jack Dorsey, has just declared that on October 7, 2020 it has acquired 4,709 Bitcoins, or…
A prominent Tesla investor says Bitcoin will be worth more than $1 trillion in the next decade
Bitcoin has become a reliable cryptocurrency now more viewed as a reliable store of value. The beginning of the decade saw Bitcoin throw in a lot of promises, and despite its divided performance, it…