Overstock To Sell Its Retail Business And Focus On Crypto, Shares Surge 26%

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After two decades of selling furniture, décor and anything in between, Overstock is finally selling off its retail business. And it’s doing this so that it can focus on cryptocurrencies and blockchain technology, the CEO revealed today. At a time when cryptos have experienced a bloodbath, Overstock’s decision to go all in will give many […]

The post Overstock To Sell Its Retail Business And Focus On Crypto, Shares Surge 26% appeared first on NullTX.

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Overstock to Offer Bitcoin for Sale After Acquiring Bitsy.com Biometric Wallet

Medici Ventures, a blockchain/crypto specific division of Overstock.com, has acquired Bitsy.com in an effort to finally merge the worlds of online retail with decentralized, digital cash facilitated by the Bitsy’s new biometric wallet. The Crypto Winter, assuming it ends at some point, might be best defined by what companies in the space did to prepare for […]

The post Overstock to Offer Bitcoin for Sale After Acquiring Bitsy.com Biometric Wallet appeared first on Bitcoin News.

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Bitcoin Price Watch: Some Strange Coincidences Between the Currency and Overstock

At press time, bitcoin has fallen back a bit and is now trading for just over $6,300. This is about $200 less than where it stood yesterday. Some strange occurrences are happening in the bitcoin space. For example, one source notices that there’s a strong correlation between bitcoin and Overstock. Rather, Overstock’s stock (mini tongue […]

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