No Need to Convince Shareholders – Microstrategy’s Investors Already Sold on Bitcoin, Says Analyst

No Need to Convince Shareholders - Most of Microstrategy's Investors Were Already Sold on Bitcoin, Says AnalystInvestment banker Ellie Frost has put out a Twitter thread showing that four of Microstrategy’s top 10 shareholders had already been bullish on bitcoin before Michael Saylor company’s big dive into the digital asset. According to Frost, Microstrategy did not have much convincing to do, as top shareholders Blackrock, Russell Investments, Renaissance Tech, and Citron […]

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Bank of America Investor Survey Highlights the Most Crowded Trades: ‘Long Tech, Short USD, Long Bitcoin’

Bank of America Investor Survey Highlights the Most Crowded Trades: 'Long Tech, Short USD, Long Bitcoin'The highly anticipated Bank of America fund manager survey has been published, and this December fund managers who participated in the survey are sweeping up risk assets. The asset managers have dropped cash for the first time in close to seven years, as levels are down 4%. Moreover, strategists at Bank of America Corp. now […]

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P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume

A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting Venezuela and Colombia at the top of the ranking. Latin America Sees a Bullish Trend in Bitcoin P2P Trading Volume According to Localbitcoins, a peer-to-peer (P2P) […]

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Pornhub’s Premium Services Now Default to Crypto Payments, 13 Digital Assets Supported

Pornhub's Premium Services Now Default to Crypto Payments, 13 Digital Assets SupportedDuring the first week of September, the world’s largest adult web portal Pornhub expanded its payment options by adding bitcoin and support for three other cryptocurrencies. However, after Mastercard and Visa severed ties with Pornhub last week, the company’s premium services payment processor now defaults to cryptocurrency only. Pornhub is by far the largest adult […]

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Authorities Shut Down Darknet Marketplace Sipulimarket, Seize Bitcoin

Authorities Shut Down Sipulimarket Darknet Marketplace, Seize BitcoinA major darknet marketplace, Sipulimarket, has been shut down and its assets, including bitcoin, were seized by Finnish Customs, in cooperation with Europol and the Polish police. Darknet Marketplace Shut Down, Bitcoin Seized Europol and Finnish Customs (Tulli) announced last week that they “have shut down the Sipulimarket dark web marketplace and seized all its […]

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Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin Purchases

Microstrategy Completes $650 Million Capital Raise to Fund More Bitcoin PurchasesMicrostrategy 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% interest per year. The […]

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Mastercard Severs Ties With Pornhub — Is Mainstream Crypto Adoption Coming for the Porn Industry?

Mastercard Serves Ties With PornHub — Is Mainstream Crypto Adoption Coming for the Porn Industry?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 Following Accusations According to a statement sent through […]

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Twitch Director Shaan Puri Moves 25% of Net Worth Into Bitcoin to ‘Front Run Wave of Institutional Capital’

Twitch Director Shaan Puri Moves 25% of Net Worth Into Bitcoin to 'Front Run Wave of Institutional Capital'Twitch director and former CEO of Bebo Shaan Puri announced that he has put 25% of his net worth into bitcoin. He believes that bitcoin presents “a rare opportunity to front run a wave of institutional capital.” Shaan Puri Puts 25% in Bitcoin Shaan Puri, director of Twitch, the streaming video platform owned by Amazon, […]

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Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in Monero

Newly Appointed Ukrainian Politician Declares Owning Over $24 Million in MoneroA 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR). 19-Year-Old Ukrainian Politician Discloses Its Monero Holdings Rostislav Solod, a newly appointed member of the city council in Kramatorsk, Ukraine, declared […]

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Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes

Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New TaxesArgentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.5 million). At the same time, the country still faces a 35% inflation. Argentinean Senate Approves New Taxes, While Bitcoin Keeps Skyrocketing Against the Argentine […]

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