Tag: Business

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Bitstamp announces US expansion after 570% increase in customers

“The potential upside for new retail and institutional investors in the U.S. is astronomical,” said CEO Julian Sawyer. One of the oldest exchanges in the crypto space recently announced that it would be ramping up efforts to reach more users in the United States. In an announcement from Bitstamp today, the crypto exchange said it…
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Ebay exploring crypto payment options and NFT auctions

According to CEO Jamie Iannone, eBay will be “looking at it and exploring opportunities” to enable nonfungible tokens. Major online marketplace eBay will be pursuing crypto payment options for its customers as well as exploring ways to introduce nonfungible tokens to the platform. In an interview with CNBC today, eBay CEO Jamie Iannone said the…
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Bank of England and UK Parliament get ‘Bitcoin fixes this’ treatment

The BoE has recently taken greater steps towards the rollout of a central bank digital currency. One crypto user is seemingly taking exception to current monetary policy from the Bank of England, or BoE, and expressing their frustration with a laser projector. Reported by Twitter user Dominic Frisby, an unknown person projected “Bitcoin fixes this”…
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Comedian Bill Maher excoriates environmental impact of crypto

The mention of Dogecoin still got a few cheers from the socially distanced audience. Bill Maher did not hold back criticizing cryptocurrencies from Bitcoin to Dogecoin, implying the whole space was fake and yet still required an incredible amount of real energy. Speaking in the New Rules segment on his show Real Time with Bill…
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Bitcoin is a ‘disgusting’ product that comes ‘out of thin air,’ says Charlie Munger

“I hate the Bitcoin success, and I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth,” said the billionaire. Charlie Munger, billionaire investor and vice chair of Warren Buffett’s Berkshire Hathaway conglomerate, did not mince words when it came to describing his feelings on crypto. In the Berkshire Hathaway Annual…
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Ether will always come second to Bitcoin, says Shark Tank’s Kevin O’Leary

“Bitcoin will always be the gold, Ethereum will always be the silver,” said the Shark Tank star. Amid the price of Ether reaching an all-time high this week, businessman Kevin O’Leary still believes Bitcoin will stay on top of the token. Speaking to CNBC yesterday, the Shark Tank star said Ether (ETH) was “always going…
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Bubba Gump Shrimp seafood restaurants will start accepting Bitcoin payments

There’s Bitcoin kabobs, Bitcoin creole, Bitcoin gumbo. Pan fried, deep fried, stir-fried… Many chain restaurants operated by parent company Landry’s will begin to accept Bitcoin as a form of payment for meals. In an interview with CNBC yesterday, Landry’s chair and CEO Tilman Fertitta said “80% to 90%” of the company’s restaurant brands — including…
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Residents of Caribbean island can conduct local transactions using Bitcoin

“The adoption of cryptocurrencies is far from being a gimmick,” said one of the entrepreneurs behind a project developing property on the island. The more than 5,000 residents of an island that forms a part of St. Vincent and the Grenadines can use crypto as a means of payment. According to a report from Euronews,…
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Mark Cuban tried to convince Ellen DeGeneres to accept Dogecoin

“I’m interested in Dogecoin, and I really want to know more about this,” DeGeneres said to her more than one million viewers. Following the Dallas Mavericks’ decision to accept Dogecoin as payment for merchandise last month, billionaire Mark Cuban is seemingly attempting to get other high-profile names to consider using the meme-based token as a…
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Bitcoin facilitates a global economy, says Tim Draper

“People are already realizing that they would rather have Bitcoin than fiat currency,” said Draper. Venture capitalist Tim Draper is continuing his bullish talk on Bitcoin in some investment tips for those new to the crypto space. Speaking at the Collision web summit on Thursday, Draper said Bitcoin (BTC) could incentivize governments around the world…
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