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PayPal purchases crypto custody firm Curv
8.3.2021
The platform said it plans to complete the acquisition before the third quarter of 2021
Bitfarms Purchases 48,000 Bitcoin Miners, Plans to Increase Hashpower by 5 Exahash
3.3.2021
The publicly listed Canadian bitcoin mining operation Bitfarms has announced the firm is purchasing 48,000 Microbt Whatsminer mining rigs in order to expand capacity. Bitfarms highlights the acquisition of new miners will up the company’s hashpower by approximately 5 exahash per second...
MicroStrategy purchases another $1 billion worth of Bitcoin, now owns 90,000 BTC
24.2.2021
CEO Michael Saylor said the firm didn't intend to slow down the rate of its Bitcoin acquisitions after buying another $1 billion worth of BTC
Safello Partnership Enables Direct Crypto Purchases From Users’ Bank Accounts
18.2.2021
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe
Robinhood reportedly allowing instant deposits for crypto purchases again as DOGE surges
4.2.2021
The feature was originally suspended on Jan. 29
South African Taxpayers Who Fail to Disclose Income From Cryptocurrency Trading Face Possible Jail Time
4.2.2021
According to a report, the South African Revenue Service (SARS) has sent out audit requests to taxpayers asking them to disclose their cryptocurrency trades and purchases. Taxpayers that fail to correctly disclose their income from bitcoin or other cryptocurrencies may be “liable to a fine...
Darknet Markets Generated $1.7 Billion in Crypto Revenue in 2020 — Set a New Record
3.2.2021
Darknet market revenues hit a new all-time high in 2020, despite declining individual purchases from marketplaces. Blockchain analytics firm Chainalysis also spotted a singular driver behind the new record witnessed over the last year. Hydra Market Is the Major Driver Behind Revenue Figures in 2020...
Kenetic co-founder purchases .NFT domain extension for $84K
2.2.2021
"The possibilities of the NFT domain are endless," said Jehan Chu
Robinhood suspends instant deposits for crypto purchases over DOGE spike
29.1.2021
Market mayhem continues as WallStreetBets takes on crypto
Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity Moderates
27.1.2021
The central bank noted that economic activity and employment had moderated while the path of the economy will be determined by vaccinations
More institutional adoption as Marathon Patent Group purchases $150M in Bitcoin
25.1.2021
CEO Merrick Okamoto said the crypto purchase would help make Marathon an appealing choice to investors seeking "exposure to this new asset class."
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
Quontic Bank Launches Bitcoin Rewards Checking Account With Debit Card for US Customers
16.12.2020
Quontic Bank is launching a bitcoin rewards checking account with a debit card. Customers can earn 1.5% back in bitcoin on their debit card purchases. “Bitcoin is gaining massive momentum both as a digital currency, an asset class, and as a store of wealth,” the CEO of the bank said....
PayPal stock has surged 17% since enabling Bitcoin purchases
14.12.2020
The online payment platform launched crypto trading for U.S. customers on Nov. 12
Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases
12.12.2020
Microstrategy Inc. has raised $650 million from the sale of convertible senior notes so that it could buy more bitcoin. In a note to investors on Dec. 11, the business intelligence and mobile software firm said it completed the sale of $650 million in convertible bonds to private investors at 0.75%...
Mastercard Severs Ties With Pornhub — Is Mainstream Crypto Adoption Coming for the Porn Industry?
11.12.2020
Global payment companies Mastercard announced on December 10, 2020, its official decision to ban their customers from using credit and debit cards to arrange purchases on one of the biggest adult websites. Visa has taken the same measure on a temporary basis. Mastercard Cuts Ties With Pornhub...
New institutional player — MassMutual purchases $100M Bitcoin
10.12.2020
The investment is reportedly part of the firm's strategy to take advantage of new opportunities while remaining diversified
Marathon Purchases 10,000 Bitcoin Miners, Machines Will Max Out 100 Megawatt Montana Facility
10.12.2020
On December 9, the Nasdaq-listed cryptocurrency mining company, Marathon Patent Group, announced the firm is purchasing 10,000 Antminer S-19j Pro units from the Chinese mining manufacturer Bitmain. According to Marathon, after the acquisition of next-generation bitcoin miners, the company will have...
Citigroup Downgrades Microstrategy to ‘Sell’ Rating Over ‘Aggressive’ Bitcoin Purchases
9.12.2020
Citigroup has downgraded the Nasdaq-listed, pro-bitcoin Microstrategy to a “sell” rating after the company announced that it would offer $400 million convertible senior notes to buy more bitcoin. Microstrategy currently holds about 40,824 bitcoins. Citi Analyst Uncomfortable With...
Grayscale survey connects COVID-19 pandemic to new Bitcoin purchases
17.11.2020
Survey data from Grayscale Investments shows the coronavirus pandemic played a role in new investors decision to buy Bitcoin