Digital Currency Group plans to purchase $250 million of GBTC shares. The Grayscale Investment Fund has surged in popularity with rising Bitcoin prices. Grayscale presently has $42.1 billion in net assets under management. Digital Currency Group (DCG), a Grayscale parent firm announced that it plans to purchase $250 million of
Meitu purchased $22 million in ETH and $17.9 million in BTC. Purchasing crypto helps diversify the firm’s holdings away from cash. Also, evaluates potential investments in blockchain-based projects. Hong Kong-listed Meitu Inc. announced that it bought $22 million in Ethereum (ETH) and $17.9 million in Bitcoin (BTC). Meitu Bought $22M
-Bitcoin price surged over $50,000 today.-However, the digital asset surpassed $900 billion in market capitalization, close to $1 trillion. -If the market continues to be bullish W3 will reach $94,000 and even higher. Bitcoin price just surged over $50,000 but needs to maintain the move above it. As a result, the
-Jack Dorsey partners with Jay-Z to create 500 BTC blind Bitcoin Trust.-Dorsey is a known long-time supporter of bitcoin with “#bitcoin” as his Twitter profile. -Over the past year, many companies supported more than 25 developers and projects with an approximated $3.46 million. Twitter co-founder and CEO Jack Dorsey partnered with
-Uber dismissed the idea of buying Bitcoin with cash but accepted it as payments.-However, the news came after the Tesla announcement on buying $1.5 billion worth of Bitcoin. -Uber reported it had $5.65 billion in cash and cash equivalents.-Like Uber, PepsiCo CFO Hugh Johnston told CNBC that it had the conversation
-Bitcoin hits a new all-time high of over $43K.-This price spike came after Tesla Bought $1.5B worth of BTC.-Moreover, the move follows encouraging signs from CEO Elon Musk. On February 8, the cryptocurrency king Bitcoin (BTC) hits over $43,000. Moreover, the crypto spiked almost $3,000 in a minute. This spike
–Bitcoin spiked over $40K after MicroStrategy’s pitched BTC to over 1,400 firms.-More so, BTC whales have continued to accumulate despite the increase in the asset’s price.-Moreover, an all-time high of over $42,000 could propel BTC’s price to $50,000. Bitcoin’s (BTC) price broke the crucial level at $35,000 and continued its
-Microstrategy purchased another 295 bitcoin worth $10 million.-However, making their total Bitcoin holding to 71,079 BTC worth $2.47 billion.-Moreover, the announcement could well trigger further upward price momentum for BTC. Microstrategy CEO Michael Saylor announced today that the company has purchased another 295 bitcoin which is worth $10 million making
Bitcoin (BTC) and Ethereum (ETH) spikes high reaching new all-time highs. Bitcoin hovers over $34K and lost $4K in an hour. However, Ethereum soars over $1,100 first time since Jan 2018. BTC and ETH managed to withstand all the crypto market trials and volatility despite the pandemic. The price of
Financial Guru Max Keiser says that Bitcoin is projected to reach $400,000 (approx. £303,862) in case Joe Biden, a Democratic presidential challenger wins the US Presidential election. The US Presidential election is a trending topic right now around the world. While the US is getting ready for the election results,
