Cryptocurrency

Cryptocurrency (137)

As Square Adds BTC, It Now Represents 5% of Its Cash Equivalents

Square announced it added to its Bitcoin holdings and tacked on a $170 million worth. So reports Yahoo! Finance. With that purchase, the company now has 5% of its cash/cash equivalents stored in Bitcoin.

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BTC is an 'Economic Sideshow’: JPM Strategists

JPMorgan strategists are calling Bitcoin an “economic sideshow” while positing the true post-COVID-19 narrative is the “rise in digital finance.” So reports Seeking Alpha.

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Bill Gates Cool On Bitcoin, But Sees Value in Lowering Cost of Moving Money

Bill Gates has taken a “neutral” stance toward Bitcoin and said he doesn’t own any, but is not “short” on it either. So reports Yahoo! Finance.

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Miami Mayor Considering Collecting Taxes, Paying Employees in BTC

Francis Suarez, Miami’s mayor, has thrown his support behind a plan to study the feasibility of allowing city-dwellers to pay fees and taxes in Bitcoin. So reports Fox Business.

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Twitter CEO, Rap Legend Team Up to Launch Overseas Bitcoin Fund

Twitter CEO Jack Dorsey and rapper Jay Z are teaming up to create a Bitcoin development fund. So reports CNN.

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Elon Musk Puts BTC On A Rocket Ship

Bitcoin’s wild ride just got a boost from SpaceX and Tesla CEO Elon Musk, as the polarizing mogul made headlines with a new regulatory filing indicating the electric car company has taken a huge stake in the cryptocurrency.

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International Tax Chiefs Take Aim At Crypto Evasion

The Joint Chiefs of Global Tax Enforcement met virtually to discuss initiatives aimed at combating tax evasion, specifically that associated with fintech and cryptocurrency. So reports Accounting Today.

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SatoshiStreetBets Forum Users Call for Dogecoin Pump

Users of the SatoshiStreetBets forum are trying to emulate gains made in GameStop’s stock by pushing up cryptocurrency Dogecoin. So reports Markets Insider.

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Ether Looking Good In 2021 As It Hits All-time High

Ethereum, which is the world’s second-leading cryptocurrency, hit a new all-time high when it reached $1,439.33 on Monday, Jan. 18. So reports TechRadar.

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Regulators, Rumors Sink BTC Value To Three-week Low

Bitcoin’s value took a nosedive as U.S. policymakers are considering curtailing the cryptocurrency and rumors swirled about a potential dreaded “double spend” on the BTC blockchain. So reports Business Insider.

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