UK Asset Manager Ruffer Nets US$1-B from Bitcoin Buy

June 7, 2021

Max Imberg 0

Ruffer confirmed that it has raked in more than US$1 billion in profit from the Bitcoin investment it made in November 2020. The London-based wealth manager bought Bitcoin units amounting to US$600 million. We feel astonished and delighted at the same time to learn about Ruffer cashing out from its Bitcoin investment. This momentous event […]

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Despite Volatility, Bitcoin Still Accepted in Starbucks, Whole Foods

May 31, 2021

Max Imberg 0

Bitcoin has left investors tense lately with its manifestation of intense volatility. Nevertheless, food companies like Whole Foods Market and Starbucks continue accepting the world-famous cryptocurrency. We are pleased to learn about this latest news regarding Bitcoin. We believe that Whole Foods Market and Starbucks have made the correct decision in adopting it as a […]

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US Billionaire Carl Icahn Bares Interest in Cryptocurrencies

May 27, 2021

Max Imberg 0

Carl Icahn revealed that he might get into cryptocurrency investing. The Icahn Enterprises’ chairman and founder disclosed his interest in virtual currencies during a Bloomberg TV interview posted online yesterday, Wednesday, May 26. We feel quite interested to learn about Mr. Icahn’s perspective about investing in cryptocurrencies and the cryptocurrency industry overall. We think that […]

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Analyst: Bitcoin Continues to Tread Shaky Grounds

May 24, 2021

Max Imberg 0

Stephanie Price cited that Bitcoin is a cryptocurrency that continues to be highly volatile these days. The Equity Research Analyst, Software and Services at CIBC World Markets Incorporated offered her insights in a note issued last week. We want to share this news about Bitcoin and cryptocurrencies with our readers because we believe it can […]

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Fidelity Believes Cryptocurrency Is Still ‘Adolescent’

May 17, 2021

Max Imberg 0

Fidelity Investments released a statement in support of cryptocurrencies. The message is in light of several major asset management companies raising new doubts over the future of virtual currencies as an asset class. Tom Jessop said that cryptocurrencies are investments that are still in the early stage of development. Fidelity’s digital assets chief remarked that […]

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CFO: Palantir Technologies Accepts Bitcoin as Payment

May 11, 2021

Max Imberg 0

David Glazer confirmed that Palantir Technologies accepts Bitcoin as a form of payment from their clients. The big data company’s treasurer and chief financial officer also mentioned his firm’s interest in adding the world-famous cryptocurrency to its balance sheet. We are pleased to learn about Mr. Glazer’s statement. Palantir Technologies is a highly significant company […]

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NFTs Credited for Ethereum Price’s Surge

May 3, 2021

Max Imberg 0

Ethereum or Ether’s trading prices have almost quadrupled this year. They soared 290 percent. This trend has led Ethereum to overshadow Bitcoin lately, hitting a new record high on Saturday, May 1, of merely over US$2,900. We feel thrilled to read this news about Bitcoin’s “younger sibling.” Ethereum is an international open-source, decentralized, and blockchain-based […]

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Vebitcoin, Thodex Shutdown Fuel Turkey Crypto Fans’ Pain

April 25, 2021

Max Imberg 0

Cryptocurrency traders and supporters in Turkey are feeling the agony after the closure of Vebitcoin and Thodex. These two cryptocurrency exchanges were components of the virtual currency boom in the nation straddling Western Asia and Southeastern Europe. We equally feel the downbeat sentiments of Turkish cryptocurrency fans following the shutdown of Vebitcoin and Thodex. We […]

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Cryptocurrency Use in Turkey Banned Starting April 30

April 19, 2021

Max Imberg 0

The Central Bank of the Republic of Turkey has confirmed that using cryptocurrencies for buying products and services will not be allowed anymore beginning Friday, April 30. The government institution released its new rules and published them last April 16. We want our readers to pay attention to this report very closely. We believe that […]

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SEC: Institutional Investors Propel Cryptocurrency Market Growth

April 12, 2021

Max Imberg 0

The Securities and Exchange Commission (SEC) of the United States has affirmed that the wider cryptocurrency market and Bitcoin are maturing. Commissioner Hester Peirce expressed her latest perspectives during a recent interview with Bitcoin-focused portal Bitcoin.org. She attributed the new trend to the heightened interest in the market hailing from large institutions in the mainstream […]

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