bitcoin

21

Jan

MicroStrategy won’t sell $5B BTC stash despite crypto winter

MicroStrategy’s Michael Saylor has no intention of selling from his firm’s $5-billion Bitcoin chest despite a 40% drop in the value. Despite a 40% drop in the value of Bitcoin (BTC), MicroStrategy’s Michael Saylor has no intention of selling his firm’s $5-billion stash.   Even if BTC suffers a lengthy bear market, Saylor told Bloomberg that he […]

bitcoin

20

Jan

Russian Orthodox Patriarch is not a Bitcoiner, church clarifies

A video emerged claiming that the leader of the Russian Orthodox Church was blessing financial investments. Patriarch Kirill of Moscow and all Rus’, the leader of the Russian Orthodox Church, has not urged his flock to invest in Bitcoin, despite videos claiming otherwise.  A clip recently emerged claiming that Kirill had urged the faithful to invest in cryptocurrencies. While the[…]

donation

18

Jan

Tonga accepts Bitcoin donations amid tsunami onslaught

Tonga is now accepting Bitcoin donations to aid with relief efforts as the country faces the aftermath of a huge volcanic shockwave leading to a tsunami. On Friday, the Kingdom of Tonga experienced the shockwave of a massive volcanic eruption of the Hunga Tonga-Hunga-Ha’apai volcano. More eruptions ensued after the first, leaving the citizens of Tongatapu, the main island[…]

crypto

18

Jan

Crypto job posts on LinkedIn rocketed 395% in 2021

Job postings with terms like “Bitcoin,” “Ethereum,” “blockchain” and “cryptocurrency” grew 395% in the United States last year. It wasn’t just a bull run for prices last year. Careers in crypto outstripped price action in 2021, as crypto job searches soared by 395% in the United States alone, according to LinkedIn. Crucially, the crypto industry outpaced the wider tech[…]

bitcoin atm

16

Jan

Uruguay reportedly installs its first Bitcoin ATM

Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region. Uruguay has reportedly installed its first Bitcoin (BTC) ATM, making it the 11th South American country to publicly encourage crypto adoption. Prior to Uruguay’s involvement, South America hosted 79 ATMs, which represented 0.2% of global[…]

usd/btc

15

Jan

University accepts Bitcoin donations to fund crypto-related activities

The SDSU announced that it’s accepting donations in cryptocurrency to fund activities that promote crypto adoption within the university. Back in October 2021, The Campanile Foundation (TCF), an auxiliary of the San Diego State University (SDSU), accepted its first crypto donation. Now, the university announced that it is welcoming digital currency donations in Bitcoin (BTC) and Ether (ETH). TCF[…]

bitcoin

13

Jan

Northwest Arkansas offering $10K in Bitcoin to attract remote workers

“Next-generation talent is essential to further transform our region into a hub for up-and-coming tech innovators and businesses,” said Blockchain Center of Excellence director Mary Lacity. The Northwest Arkansas Council, consisting of business leaders aimed at promoting development in the region, has announced a crypto incentive program to bring in tech professionals and entrepreneurs willing to work[…]

bitcoin

11

Jan

Billionaire investor Bill Miller puts 50% of net worth in Bitcoin

Investor Bill Miller is betting big on Bitcoin, allocating 50% of his personal net worth to BTC and related equity. Investor Bill Miller is bullish on Bitcoin (BTC) despite the cryptocurrency touching multi-month lows below $40,000 in early January 2022. Miller no longer considers himself just a “Bitcoin observer” but rather a real Bitcoin bull, as he said in a WealthTrack[…]

bitcoin

07

Jan

NYC mayor getting paid in Bitcoin suggests buying the dip

Should Eric Adams accept his first three paychecks in Bitcoin, he would likely acquire more than 1 BTC following the price drop to $42,948. Newly sworn-in New York City Mayor Eric Adams is already using his influence to speak publicly about buying the recent Bitcoin dip. In a Thursday interview with CNBC’s Squawk Box, Adams said he had not[…]

gold

04

Jan

Bitcoin is new gold for millennials, Wharton finance professor says

Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015. Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor. Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy Siegel said in a CNBC Squawk Box interview on Friday. On the[…]

bitcoin

03

Jan

President Bukele predicts Bitcoin $100k rally, further legal adoption and more

Bukele also envisions an oncoming explosive growth for El Salvador’s two in-house BTC-based initiatives — Bitcoin City and Volcano bonds. On Jan 2, El Salvador President Nayib Bukele shared five bullish predictions on Bitcoin’s (BTC) performance for the year 2022.  Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a[…]