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The United States-based retirement plan provider Fidelity Investments will reportedly allow 401(k) retirement saving account holders to directly invest in Bitcoin (BTC).The new Bitcoin retirement investment plan would go live later this year. It will allow over 23,000 companies associated with Fidelity to administrate their retirement accounts to offer Bitcoin investment
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Motivations for buying Bitcoin (BTC) are numerous: a hedge against inflation, financial independence or even hopes for a Lamborghini and life in the sun. For “Mr. ERB,” a keen blogger and Bitcoin enthusiast, it’s all about retiring early. ERB keeps a detailed account of his finances on his blog and spoke to
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Stein said Privy has seen a lot of activity in the spaces of DeFi, decentralized autonomous organizations (DAO) and “what we would call Web 2 serving Web 3,” which includes hardware, wallet providers, crypto exchanges, on and off ramps. In other words, areas where compliance and communication are key. Source
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In November 2021, MoonPay announced a $555 million Series A financing round that brought the crypto payment platform's valuation to $3.4 billion. On Wednesday, the fintech company revealed that $87 million of the total $555 million came collectively from more than 60 public figures and celebrities in the music, sports,
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The town of Sorradino in Argentina’s Santa Fe Province could begin to mine crypto in a bid to raise the money needed for its rail infrastructure upgrade. Its mayor doesn’t see any risk in mining the digital currencies that can be sold immediately. As the local media reported on Sunday, the
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The accelerator includes backing from Sam Bankman Fried’s Alameda Research, KuCoin Ventures and others. Source
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Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin Lightning Network.Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped up
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Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S. national stock exchange.FTX US has signed an agreement to make a strategic investment in the IEX’s operator IEX Group to jointly establish a market structure
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Coinbase Ventures, an investment arm of American crypto exchange Coinbase, shared a plan to invest $1 million in various Indian cryptocurrency and Web3 initiatives via an in-person pitching event. In a blog post drafted while he was in India, Coinbase CEO Brian Armstrong revealed that the venture firm intends to tap
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Marseille, France-based CTA is headed by co-founder and chairman Christophe de Courson, who has worked in blockchain technology and venture capital, and Chiagou, who is also the owner of game producer Pixel Heart, which has produced more than 50 games for platforms such as Nintendo, Xbox and PlayStation. Source
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