Publicly Listed Bitcoin Miner Marathon Purchases 30,000 Mining Rigs from Bitmain – Mining Bitcoin News
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Purchases
Asset Management Firm GoldenTree Reportedly Purchases Bitcoin (BTC)
Asset manager GoldenTree is reportedly the latest firm to add bitcoin (BTC) to its balance sheet, a report by financial news outlet The Hill says. GoldenTree Purchases Bitcoin (BTC) GoldenTree, a New York-based asset management firm has reportedly added the premier cryptocurrency bitcoin to its balance sheet. That being said, the exact
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Kazakhstan to reportedly allow banks to process crypto purchases
The Kazakhstan government is reportedly planning to officially authorize local banking institutions to open bank accounts for cryptocurrency transactions.Several banks in Kazakhstan will soon be officially approved to service companies and businesses providing exposure to cryptocurrencies like Bitcoin (BTC), local news channel Khabar 24 reported Sunday.Citing executives from the Data
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Square Revenues Triple, Fueled By Bitcoin Purchases
Square, Inc. (SQ) reported first quarter 2021 earnings this week, and the company revenues vastly surpassed the analyst’s expectations. Quarterly revenues to start the year came in at over $5B USD, compared to average analyst projections anticipated $3.37B. In the last quarter of 2020, the company purchased $50M worth of
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PayPal purchases crypto custody firm Curv
Payments giant PayPal has acquired Israel-based crypto custody firm Curv for an undisclosed amount.According to PayPal, the firm purchased Curv as part of its initiative to support cryptocurrencies and digital assets. The platform said it plans to complete the acquisition before the third quarter of 2021, but did not disclose
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Safello Partnership Enables Direct Crypto Purchases From Users’ Bank Accounts
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe. Source
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Crypto Payment Provider BitPay to Add Apple Pay to Support Retail Purchases
BitPay is joining forces with Apple Pay as more institutions are inclining toward cryptocurrencies, influenced by Tesla’s $1.5B investment in Bitcoin.Atlanta-based crypto payment provider BitPay has taken a step further with cryptocurrency transactions by incorporating Apple Pay into its platform. Now users can add the Mastercard Prepaid service to Apple
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More institutional adoption as Marathon Patent Group purchases $150M in Bitcoin
Nevada-based crypto mining firm Marathon Patent Group has invested $150 million in Bitcoin as a reserve asset.Marathon announced today that it has purchased more than 4,812 Bitcoin (BTC) for $150 million through the New York Digital Investment Group — an average price of $31,168 per coin. CEO and chairman Merrick
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Grayscale Purchases 32,710 Bitcoin in 1 Week, 8,762 BTC in 24 Hrs
Quick take:Grayscale has accumulated 32,710 BTC in 1 week and 8,762 Bitcoin in 24 hoursThe accumulation is happening alongside a Bitcoin correction to the lower $30k levelsGrayscale now owns 3% of the 21 million Bitcoin that will ever existThe idea of Bitcoin scarcity is growing with such purchases by big
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Belarus Bank to Offer Bitcoin Purchases, With Litecoin and Ether Coming Soon
Belarusbank, one of the largest credit institutions in Belarus, has partnered with OTC broker White Bird to offer a bitcoin buying service, according to an announcement Monday. For now, purchases will be available via bank cards issued in Belarus and Russia (the two countries’ financial systems are well connected). But
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