BlackRock has started to ‘dabble’ in crypto, says CIO
“Holding some portion of what you hold in cash in things like crypto seems to make some sense to me,” said Rick Rieder. Go to Source Powered by WPeMatico
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MicroStrategy raising $600M…. no, $900M to buy more Bitcoin
Should the purchase go as planned, the business intelligence firm would hold more than $3.5 billion in Bitcoin as a reserve asset. Go to Source Powered by WPeMatico
Survey finds 5% of corporate CFOs plan to buy Bitcoin in 2021
More than 70% of financial executives surveyed are closely watching what everyone else is doing with Bitcoin before they decide on investing their companies’ cash reserves in it. Go to Source Powered by WPeMatico
Gold bug Peter Schiff gives Bitcoin permission to hit $100K
“While a temporary move up to $100K is possible, a permanent move down to zero is inevitable,” Schiff said on Twitter. Go to Source Powered by WPeMatico
Market share of top crypto exchanges passes $1T: CryptoCompare report
The report states that KYC and AML standards for exchanges have significantly improved over the last four months. Go to Source Powered by WPeMatico
EXMO crypto exchange suffers second attack in two months
The total volume on the crypto exchange has fallen 4.9% in the last 24 hours. Go to Source Powered by WPeMatico
Blockchain firm aims to build crypto city in Nevada desert
CEO Jeffrey Berns says the smart city could incorporate digital currency payments for goods and services as well as records on the blockchain. Go to Source Powered by WPeMatico
PayPal expanding crypto services to U.K. residents
CEO Dan Schulman said last week the company would add crypto buying, selling, and custody features to “Venmo and select international markets” in 2021. Go to Source Powered by WPeMatico
Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress
The price of GME has fallen almost 90% since lawmakers first called for a hearing. Go to Source Powered by WPeMatico
Uber and Adyen CEOs both say no to Bitcoin for now
The Adyen CEO expressed concern about Bitcoin’s volatility in regards to a payment method, while Uber “quickly dismissed” discussions about purchasing the crypto asset. Go to Source Powered by WPeMatico