Tag: Business

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Dan Loeb’s hedge fund hires pro-crypto Goldman Sachs analyst

Heath Terry has said it would be “hard to see a world where blockchain technology doesn’t change the way we think about asset ownership.” A research analyst from Goldman Sachs who has previously spoken favorably about Bitcoin and blockchain technology will reportedly be joining New York-based asset management firm Third Point. According to a Reuters…
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Investor Dan Loeb doing ‘deep dive’ into crypto

“Culturally I compare bridging the crypto world with the old as akin to finding a portal between two distinct worlds in the multiverse,” said Dan Loeb 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…
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Crypto bank opens physical location in India’s capital as potential regulatory ban looms

Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters. India’s Unicas crypto bank opened its third physical branch last week in New Delhi. Previous locations were launched in Jamnagar and Jaipur. Unicas reportedly allows customers to access fiat and crypto…
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Coinbase sent SEC filing to Satoshi in a symbolic gesture

However, the exchange also claimed the identification of the Bitcoin creator could cause the crypto market to deteriorate. United States-based cryptocurrency exchange Coinbase named Bitcoin creator Satoshi Nakamoto in its recent filing with the Securities and Exchange Commission for a direct listing on the stock market. According to the SEC filing, Coinbase sent copies of…
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Canadian bank plans to launch dollar-backed digital currency ‘in the coming months’

Stablecorp CEO Jean Desgagne said VersaBank’s digital currency was intended to provide an alternative to concerns over volatility and security in crypto markets. In an announcement on Wednesday, VersaBank said it plans to launch a digital currency called VCAD, which will reportedly be backed by Canadian dollars deposited with the bank. The Canadian bank claimed…
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Russian Orthodox Church will not accept Bitcoin in offering plate

A church spokesperson said it was also unlikely the church would release its own digital currency. With roughly 100 million members, the church representing the dominant religion in Russia has no plans to accept cryptocurrency donations or offerings. According to a Q&A streamed on YouTube by Jesus Portal, the chairman of the Department for External…
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Bitcoin pizza all over again — delivery driver reportedly cashes in on $400 BTC tip

“I let the pizza guy choose between $5 in fiat or BTC. Needless to say, he chose wisely,” said the Redditor. A driver who held $5 in Bitcoin (BTC) as a tip for his pizza delivery services has reportedly resurfaced after seven years. According to a post from Redditor btcbible, the Bitcoiner ordered a pizza…
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Ripple now registered as a Wyoming business

“More crypto companies are realizing Wyoming is a better domicile than Delaware due to our crypto-friendly laws,” said Caitlin Long. Blockchain-based payments firm Ripple Labs has now registered a business in Wyoming. According to records from the Wyoming Secretary of State, Ripple Markets WY LLC’s status as a local business is listed as “active” after…
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Canadian Bitcoin ETF predicted to hit $1B AUM by Friday: Bloomberg analyst

Eric Balchunas said the Purpose Bitcoin fund could surpasses all other ETFs in Canada within two months, “barring a nasty selloff.” With only two full days of trading under its belt, the first Bitcoin (BTC) exchange-traded fund in North America reached more than $400 million in volume and is expected to go even higher. According…
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Bobby Lee standing by prediction for massive BTC peak in December

The Ballet CEO predicted a Bitcoin price between $200,000-$250,000 before 2022. Crypto expert Bobby Lee’s early predictions on the price of Bitcoin have proven to be quite accurate during the latest bull run. In a tweet from December 2018, the Ballet crypto wallet CEO and founder said that the next Bitcoin (BTC) rally would start…
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