It is official. Bitcoin exchange Coinbase is going to become a public-traded firm. The US Securities and Exchange Commission (SEC) released Coinbase’s S-1 filing on Thursday, signaling that it has approved the …
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Bill Gates argues that Bitcoin is bad for climate
During a Clubhouse interview with CNBC’s Andrew Ross Sorkin, Microsoft co-founder Bill Gates slammed Bitcoin for its excessive energy use, arguing that it consumes more electricity than “any other method known to mankind.” …
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Institutional Support Is Coming To Bitcoin
Now, in 2020 and 2021, the support seems to be coming from quasi-institutional forces — from high net-worth individuals to family offices for some of the most wealthy people on …
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Five Signs That Say Altcoin Season Hasn’t Even Started Yet
Bitcoin has been trading at $50,000 and higher, reviving interest surrounding the cryptocurrency market and especially the altcoin sector. Ethereum and other top coins have all set new price records just as Bitcoin …
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Baby Boomers and Gen X Invest in Bitcoin
Baby boomers and Gen X are piling into Bitcoin, and other cryptocurrencies, affirm the CEO of one of the world’s largest independent financial advisory and fintech organizations. The observation from Nigel Green, the …
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Bitcoin whale from 2010 moves 100 BTC for first time in 11 years
A veteran miner has cracked open their 2010 stash of Bitcoin, with crypto analysts spotting 100 BTC being transferred from two wallets that had laid dormant for more than a …
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Twitter CEO Jack Dorsey’s Square nets billions from Bitcoin sales
Square Inc, the payments giant run by Twitter Inc CEO Jack Dorsey, reported overnight that selling Bitcoin had managed to net the company around US$4.6bn in revenue in 2020. In an earnings report …
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MicroStrategy buys another 19,452 Bitcoins worth about $1.026 billion
Further increasing their Bitcoin holdings, publicly-traded company MicroStrategy has now acquired an additional 19,452 Bitcoins worth about $1.026 billion. The company’s CEO Michael Saylor broke the news on Twitter and said …
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Shares in Square plummet after company discloses bitcoin investment
Shares in Square Inc. plummeted in after-hours trading after the financial services provider disclosed in its quarterly earnings report that it had purchased bitcoin at a time the cryptocurrency is …
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Michael Saylor estimates there will be 1 billion people investing in BTC by 2026
The CEO told CNBC’s Squawk Box segment that BTC would be the savings method of choice for about one billion people on a mobile device within five years. He added that bitcoin …
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