Buying bitcoins
Analyst software maker MicroStrategy has raised its plan to raise $100m to $500m in light of the high oversubscription of its latest bond offering, Bloomberg reports.
The company intends to use the funding to buy bitcoin. According ...
The company's first report
Coinbase shares rose after the company reported strong quarterly results amid rising bitcoin and other cryptocurrency prices. Coinbase said it will add Dogecoin to its platform within six to eight weeks.
Coinbas...
Tesla and cryptocurrency
Tesla CEO Elon Musk has announced that the company will no longer accept bitcoin to pay for the purchase of its electric vehicles because mining the cryptocurrency requires huge amounts of electricity generated from fossil f...
Buying in cryptocurrency
British artist Banksy's Love is in the Air will be sold at a Sotheby's auction in New York. According to the auction house's website on Tuesday, the artwork will be available for purch...
Planned GBTC buyout
Digital Currency Group (DCG) has announced its intention to acquire shares in Grayscale Bitcoin Trust (GBTC) for up to $750m.
The reported figure is three times the amount&n...
Tesla earnings
Tesla shares fell 2.5 per cent after the world's most expensive car company released its quarterly results. Despite Tesla's record profit growth, sceptics saw many risks for the company in 2021.
Tesla (TSLA) shares reacted with a dec...
Coinbase's shares
Cryptocurrency exchange Coinbase's market entry today triggered another jump in cryptocurrencies, with bitcoin rising 5% to $63.22k Analysts have differing opinions, with valuations ranging from $60bn to more than $100bn.
Coinbase...
Coinbase earnings
Cryptocurrency exchange Coinbase reported Q1 2021 revenues that were higher than the company's full-year 2020 earnings. Net income rose to $730m.
Cryptocurrency company Coinbase on Tuesday announced its un...
SEC filing
Shares in Coinbase, one of the world's largest cryptocurrency exchanges, could soon be available on NASDAQ as the company has applied for a direct listing instead of an IPO.
Coinbase's li...
Cryptocurrency regulation
The adoption of bitcoin by big companies requires clear regulations to be implemented as soon as possible, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce told Reuters in an interview.
In her view, a...
Deutsche Bank and cryptocurrency service
Financial conglomerate Deutsche Bank plans to launch a cryptocurrency custodial service aimed at large investors. This follows a December 2020 World Economic Forum (WEF) report.
The document states that Deut...
Derivatives trading
Latin America's largest cryptocurrency exchange, Bitso, announced the acquisition of European crypto derivatives platform Quedex.
Quedex, like Bitso, is licensed by the Gibraltar...
Bitcoin declines
After a long period of growth, bitcoin and other digital coins began to lose ground on Monday, causing the cryptocurrency market to lose more than $170 billion in capitalisation overnight...
Cryptocurrency fever
When the video card market was hit by the first cryptocurrency boom in history, NVIDIA long questioned how to calculate miners contribution to the company's revenue in the gaming space.
Stale Pascal generation chips then had to...
Bitcoin breaks records
Bitcoin has returned to frenzied growth and has broken all past records this winter, having fully recovered from the staggering drop of two years ago. Since the beginning of the year, the digital currency has hit an all-time h...
Large BTC outflow
A record daily bitcoin (BTC) outflow from cryptocurrency exchanges is causing optimism that the price of the largest cryptocurrency by market capitalisation will continue its parabolic rise.
Bitcoin has risen more than 1...
Bitcoin reaches a record
The range of price fluctuations of the first cryptocurrency could reach $10,000-50,000 and capitalisation could rise to $1 trillion. According to Bloomber...
Increase in servess
PayPal Holdings (PYPL) fulfilled its promise last month by making its PayPal Cryptocurrency application available to all registered users in the USA. The service was launched on 21 Oct...
Bitcoin is preparing to implement privacy technology support
In anticipation of the future use of Taproot technology, Blockstream Infrastructure Company has started to develop a complete new schema designed to improve the existing mechanism for bitc...
Bitcoin may cost as in 2017
This is the third attempt by Bitcoin to overcome key resistance at current levels in recent days. On 2 November, the crypt currency was rolled back to $13,300, which used to be a resistance, now acting as support.
The ri...
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