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More Institutional Interest: Nasdaq-Traded Marathon Invests $150 Million in Bitcoin

January 27, 2021 , , , , , , , Eddy 0

On Monday, Marathon Patent Group announced that it bought 4,812.66 BTC, worth $150 million, through the New York Digital Investment Group (NYDIG).  Merrick Okamoto, Marathon’s chairman & CEO, noted that the investment would help them accelerate the process of turning the company into a “facto investment choice for individuals and institutions who are seeking exposure […]

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Education Is Crypto’s Missing Link, Says Grayscale CEO

January 26, 2021 , , , , , , , , Eddy 0

Global regulators have always branded cryptocurrencies, especially bitcoin, as a tool for illicit activities such as money laundering and crime financing.  Even the newly-confirmed US Treasury Secretary Janet Yellen recently raised concerns over the same issue. Experts like ECB President Christine Lagarde and Shark Tank’s Kevin O’Leary have also called for a unified global regulatory […]

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4 Countries Where Bitcoin Searches Hit ATH In Early 2021

4 Countries Where Bitcoin Searches Hit ATH In Early 2021

January 26, 2021 , , , , , , , , , Eddy 0

With BTC’s price exploding to new highs, the asset’s popularity has grown globally. Google searches for Bitcoin have reached ATH records in several countries, including Chile, Nigeria, Argentina, and Colombia. Interestingly, the trading volumes from most of these nations have also increased lately. Google Searches of BTC To New ATHs In Several Countries Although the […]

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Bitmain Saga Over: Jihan Wu Steps Down as CEO

January 26, 2021 , , , , , Eddy 0

​Bitmain co-founder Jihan Wu officially announced his resignation in a signed statement published on Tuesday. An excerpt from Wu’s cryptographic message reads: “The disagreement between Micree and myself, the two co-founders of Bitmain, has been finally settled in an amicable and, more importantly, a constructive manner.” As part of the settlement, fellow co-founder and rival […]

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India to Conduct Mock Trials for Remote Voting Using Blockchain Technology

January 26, 2021 , , , , Eddy 0

India is looking towards adopting blockchain technology for remote voting. This comes despite the country’s stance against cryptocurrency trading. Blockchain Technology in India’s Voting Process According to The Wire, on Monday (Jan. 25, 2020), Sunil Arora, India’s Chief Election Commissioner (CEC), announced the plans to use blockchain technology in a mock trial for remote voting. […]

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Bitcoin Bull Chamath Palihapitiya Running for California Governor

Bitcoin Bull Chamath Palihapitiya Running for California Governor

January 26, 2021 , , , , , , , , Eddy 0

Chamath Palihapitiya, the CEO and founder of Social Capital, will be running for the seat of the next Governor of California. He is a well-known Bitcoin bull and proponent who’s outlined on multiple occasions that BTC is an important part of everyone’s investment portfolio. Running for California Governor Chamath Palihapitiya confirmed today that he will […]

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Rothschild Investment Corporation Increases Its Bitcoin (GBTC) Holdings to $1 Million

January 26, 2021 , , , , , , , , , Eddy 0

The Chicago-based company has increased its position to GBTC by about 24% from October to late December, according to a recent filing with the US Securities and Exchange Commission. The financial institution now owns 30,454 GBTC shares. Founded in 1908 in Chicago, Rothschild Investment Corporation is a registered financial brokerage, dealer, and a member of […]

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Bank of England: Current Cryptocurrencies are Unlikely to Last

January 26, 2021 , , , , Eddy 0

The current frenzy in the crypto sphere has instigated arguments surrounding bitcoin’s capacity to replace fiat currency, and notable individuals in the conventional banking sector have recently expressed their opinions on the subject. Central Bank executives Weigh in on the Future of Crypto About two weeks ago, the president of the European Central Bank, Christine […]

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Harvard and Yale Endowments Reportedly Buying Crypto

January 26, 2021 , , Eddy 0

Numerous large U.S. endowments from universities including Harvard, Yale, Brown University, and the University of Michigan have been buying crypto currency on exchanges according to reports. University endowments are traditionally comprised of money or other financial assets such as crypto that are donated to academic institutions. The report, featured on Bloomberg, stated that Coinbase mentioned […]

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