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Bitcoin-Loving Nasdaq Companies Surge On Multimillion BTC Deals
25.1.2021
After US-based business intelligence company MicroStrategy (MSTR) revealed its relatively small USD 10m bitcoin (BTC) deal last Friday, Marathon Patent Group (MARA), another Nasdaq-listed entity, said it purchased BTC 4,812.66 for an aggregate purchase price of USD 150m. Shares of both companies...
Vaneck Files for Crypto ETF That Gives Investors Exposure to Equity in Digital Asset Companies
22.1.2021
The exchange-traded fund provider, Vaneck has filed for a Digital Asset ETF, which aims to hold equity in companies that generate revenue from cryptocurrency services. The latest ETF filing is different from the fund Vaneck applied for in mid-December, as it aims to bring investors exposure to...
VanEck files with SEC for ETF that tracks crypto companies' performance
22.1.2021
VanEck has filed with the SEC to launch the Digital Assets ETF related to the performance of top cryptocurrency companies
SEC Calls Out Suspicious Crypto Companies Targeting Global Traders
22.1.2021
The securities regulator added eight suspect crypto entities to its watchlist Thursday
Intel and Nvidia Are Probably Not Colluding to Keep AMD Out of Gaming Laptops
21.1.2021
If you’ve visited the AMD subreddit, the Linus Tech Tips forums, or elsewhere over the last several months, you might have come across a conspiracy theory that Intel and Nvidia struck a secret deal with one another to keep higher-end GPUs out of AMD Ryzen 4000-series laptops. If you looked at...
Bithumb CEO Predicts Only Four to Seven South Korean Crypto Exchanges Will Survive New Rules
20.1.2021
The CEO of the South Korean cryptocurrency exchange Bithumb has made some predictions regarding the upcoming new rules governing the national industry. In fact, the executive believes there will only be between four and seven exchanges surviving the new regulation. Smaller Companies Unlikely...
Crypto Futures Exchange Bakkt Going Public at a Valuation of $2.1 Billion
12.1.2021
Bitcoin futures exchange Bakkt is going public via a merger with VPC Impact Acquisition Holdings, a special purpose acquisition company (SPAC) created for taking startup firms public. Both companies have now confirmed the transaction, and will be listed on the New York Stock Exchange (NYSE) under...
Russian Oil Giant Provides Excess Gas to Operations Powering Bitcoin Mining Devices
10.1.2021
The firm Gazpromneft, an oil subsidiary of the Russian natural gas and global energy company Gazprom, is giving bitcoin mining operations the chance to power operations by using excess gas for electricity. The Russian firm has allowed a small mining operation to benefit from the excess gas...
Fund Manager Bill Miller Lauds BTC- Says ‘Bitcoin Could Be Rat Poison, and the Rat Could Be Cash’
7.1.2021
Fund Manager and founder of Miller Value Partners, Bill Miller says holding bitcoin is better than holding cash because the digital asset is immune to the bad policies of the U.S. Federal Reserve. Writing in the 2020 Q4 Market Letter, Miller explains that some companies are already converting...
Stratis Brings Blockchain as a Service to All Businesses via its C# Native Platform
7.1.2021
PRESS RELEASE. 7th January 2021, London, United Kingdom – Stratis was created for a simple purpose – to provide enterprises with blockchain as a service (BaaS) solutions, designed to implement complex blockchain architecture within mainstream coding languages, used by everyday companies...
Israeli Regulator Designates Utility Tokens Issued by Companies as Securities
6.1.2021
The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did...
Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin
5.1.2021
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital...
Colombian Watchdog Says Companies Can Convert Capital to Bitcoin
31.12.2020
Big American companies like MicroStrategy have made the headlines this year with their bitcoin (BTC)-buying policies, but companies in Colombia may be set to follow suit – after a corporate watchdog in the nation green-lighted the practice of holding capital reserves in crypto.
In an official...
New York Approves Its First Publicly Available Japanese Yen Stablecoin
29.12.2020
The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses...
The Bitcoin Treasuries List Exceeds $30 Billion – 29 Companies Hold BTC Reserves
29.12.2020
More than 1.1 million bitcoin or over $30 billion worth of the crypto asset is held by a myriad of companies, according to the web portal bitcointreasuries.org. The massive stash of bitcoin reserves held by well known companies started swelling after the billion-dollar firm Microstrategy purchased...
Among S&P 500 Companies Only Two Outperformed Bitcoin This Year
28.12.2020
Source: Adobe/temp-64GTX
To call 2020 a bumper year for bitcoin (BTC) is something of an understatement, with the most popular cryptocurrency surging to break all sorts of price records while the value of other, more traditional assets has taken a battering.
But just how well has the token...
Moneygram Distances Itself From the Ripple Turmoil With the US SEC
25.12.2020
One of the world’s biggest remittance companies issued a statement addressing the recent turmoil between Ripple and the U.S. Securities and Exchange Commission (SEC) due to a lawsuit filed by the regulator against the crypto company. Moneygram Distances Itself From Ripple in the Midst of...
Canadian Company Mojo Invests $1.5 Million in Bitcoin, Plans to Allocate More Next Year
23.12.2020
On December 23, 2020, the Canadian financial tech firm Mogo announced its plans to invest 1.5% of the company’s reserve assets into bitcoin by the year’s end. Mogo’s president and CFO said the initial corporate investment of up to $1.5 million in bitcoin builds on...
Small Exchanges Start Suspending XRP Trading Following the SEC Lawsuit
23.12.2020
Source: iStock/isa_ozdere
ow the fourth-largest cryptoasset by market capitalization, XRP, has started getting suspended by small exchanges following a lawsuit filed by the US Securities and Exchange Commission (SEC) against major US-based blockchain company Ripple.
Some small exchanges have...
SM Digital Holding and Wallex Prove That Bulgaria Is the Next Leading Hub for Fintech Companies
18.12.2020
Many fintech startups and established companies are now looking for a new home across Europe due to Brexit. Bulgaria is shaping up to be the top destination for many of them, including crypto, blockchain and licensed electronic money institutions, as proven by leading firms such as SM Digital...