New research has found that the annual transaction volume on the Bitcoin network surpassed that of some well-known card networks, such as American Express (AmEx) and Discover, during 2021. The …
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Investor Dan Loeb dives deep into cryptocurrency
Dan Loeb, CEO of New York-based asset management firm Third Point and a well-known figure on Wall Street, has said he is looking into ways to bridge the gap between …
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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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Federal Reserve Banks “Not Even Thinking” About Withdrawing Policy Support
The Federal Reserve Banks are unlikely to “even think about withdrawing policy support” according to Jerome Powell, Fed’s chair. “We need to guard against the downside risks and not even …
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Canada-based investment firm Accelerate Financial plans to list Bitcoin ETF on TSX
Another Canadian company has filed an application for a Bitcoin (BTC) exchange-traded fund, or ETF, amid a renewed interest in crypto ETFs from global financial firms.
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