Warren Buffett’s Berkshire Hathaway dumped Visa and Mastercard stocks and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a …
MoreCategory: Bitcoin
Fidelity International rolls out Europe’s cheapest physically-backed Bitcoin spot ETP
Investment management giant Fidelity International has launched a spot Bitcoin exchange-traded product (ETP) in Europe, marking the company’s entry into the region’s crypto space. The Fidelity Physical Bitcoin ETP (FBTC), …
More
Bloomberg analysts cite “bullish implications” For BTC and ETH as markets see meteoric upsurge
The cryptocurrency market took a hit early this year, but the coming months might lead the market toward the light at the end of the tunnel. Bloomberg analysts explain that …
More
The US dollar loses 97% of its purchasing power against Bitcoin (BTC) in the last 5 years
Since its inception, Bitcoin has attracted a growing number of investors who see the flagship digital currency as a hedge against inflation. As of Tuesday, February 15, 2022, the United …
More
A new Tennessee bill wants the state to invest in Bitcoins (BTC) and non-fungible tokens (NFT)
A Tennessee lawmaker, Jason Powell, has proposed a bill that will enable the state to engage in crypto and non-fungible tokens investment. Earlier this month, the state lawmaker introduced House Bill …
More
Intel is entering crypto space with blockchain accelerator shipping later in 2022
On Friday, Raja M. Koduri, senior vice president of accelerated computing systems and graphics group at Intel, declared their intent to contribute to the development of blockchain technologies, beginning with …
More
Cardano (ADA) smashes Bitcoin (BTC) and Ethereum (ETH) in adjusted transaction volume
Cardano outpaced Bitcoin and Ethereum, ranking first in the category of most transaction activity in 24-hours, according to crypto data aggregator Messari.io. According to the transaction behavior, it represents an adjusted transaction …
More
Bitcoin (BTC) outperforms tech stocks by more than 12% average in last 30 days
Bitcoin has continued to outperform traditional investment vehicles with the digital asset leading over major tech stocks in the last 30 days, according to Finbold. Bitcoin outperformed the top six tech …
More
Whales to focus on two gaming altcoins as Bitcoin (BTC) and Ethereum (ETH) move to the upside
Fresh data shows the world’s biggest Ethereum whales are stocking up on a pair of gaming tokens while the broader crypto markets maintain positive momentum after a sluggish start to …
More
El Salvador’s rating downgraded by fitch for adopting Bitcoin (BTC) as a legal tender
Fitch Ratings, one of the “big three” credit rating agencies, has lowered El Salvador’s long-term issuer default rating (IDR). In a Wednesday report, Fitch pinned the nation’s debt repayment capacity …
More