Cryptocurrency Analysis and News Portal
A massive LA-based luxury real estate firm has begun accepting Bitcoin for rent payments. In addition to loading up on BTC for its corporate reserves, the company has also tapped popular exchange Gemini to help build a crypto centric ecosystem for its retail, residential, and resort customers. Rick Caruso and Caruso Real
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Quick take:Meitu, a Chinese Technology Company, has purchased 379.12 Bitcoin and 15k EthereumThe purchase was made on the 5th of March at a cost of $22.1M and $17.9M respectivelyMeitu made the purchases as part of its crypto investment strategy approved by its board of directorsStaking sats and ETH by institutions
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MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty.As announced by CEO Michael Saylor, the company purchased another 205 BTC at an average price of $48,888, spending $10 million in cash to do so. This puts the
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Sound bitesNic Carter argued that comparing bitcoin’s energy consumption to Visa’s is missing the forest for the trees. Bitcoin isn’t just a payments network, but a self-contained monetary system that proposes its own unit of account, he argued live on CryptoX TV.“First Mover” is a rundown of the top global
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The implications of Elon Musk’s purchase on bitcoin’s climate narrative, other Fortune 500 treasury management strategies and more.This episode is sponsored by Nexo.io.Elon Musk’s Tesla (TSLA) has purchased $1.5 billion in bitcoin as a treasury reserve asset. Additionally, the company will soon be allowing people to pay for Teslas with
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Bitcoin exploded to a new record high on Monday after Tesla revealed that it had purchased around $1.5 billion worth of the cryptocurrency in January. The flagship cryptocurrency reached $44,900 ahead of the New York opening bell, pointing to extended gains as traders rejoiced the entry of the Wall Street’s fifth-largest
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MicroStrategy (MSTR) CEO Michael Saylor pledged to keep pouring the business intelligence company’s excess cash into bitcoin Thursday, telling investors his team will also “explore various approaches” for additional buys. “Going forward, we continue to plan to hold our bitcoin and invest additional excess cash flows in bitcoin. Additionally,
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The ASICs are set to be deployed in Blockstream facilities through the U.S. and Canada. Source
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Delivery of the new machines is set to start in May. Source
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Cryptocurrency exchange Coinbase announced it’s buying blockchain infrastructure company Bison Trails.Bison Trials, which builds cross-blockchain integration tools that link disparate protocols, will become a “foundational element” of the Coinbase product suite, the top U.S. cryptocurrency exchange said in a Tuesday blog post. Terms of the deal were not disclosed.Bison Trails
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