“The firm could unlock a multi-billion dollar opportunity with a few clicks,” said analyst Paul Steves. Earlier today, Tesla Motors announced it had made a major Bitcoin purchase and planned to introduce crypto payments in the future. Some in the industry are now speculating that Apple will be the next institutional player to adopt the…
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Elon Musk continues pumping DOGE while Ricardo Salinas Pliego sticks to Bitcoin. Ricardo Salinas Pliego, chairman at conglomerate Grupo Salinas and Mexico’s third richest person, is plugging Bitcoin on social media. The billionaire with an estimated net worth of more than $13 billion as of January changed his Twitter bio over the weekend to include…
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The fund has already invested in a number of blockchain projects including Dapper Labs, Axelar and Nori. Several high-profile figures in finance and entertainment are reportedly backing a new venture capital crypto fund from former Digital Currency Group investor Travis Scher, Silver Lake Partners co-founder Glenn Hutchins, and his son James Hutchins. According to a…
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The feature was originally suspended on Jan. 29. Stock and crypto trading app Robinhood has reportedly re-enabled instant deposits for cryptocurrency purchases after almost a week. Robinhood has removed the original update on its support page suspending instant deposits, and its website currently shows certain users once again have “instant access” to up to $1,000…
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“The economic environment for Bitcoin right now could not be better,” said Duncan MacInnes. United Kingdom-based Ruffer Investment Management has made more than $750 million from its Bitcoin investment in less than two months, but it has decreased the size of its holdings. According to a report from British news outlet The Telegraph, Ruffer saw…
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After their limited crypto trading service “exceeded expectations,” the company will double down on crypto, blockchain, and digital currencies in 2021 After a limited buy/sell/hold crypto trading launch that “exceeded expectations,” PayPal CEO Dan Schulman said on the company’s Q4 earnings call today that the payments giant is ready to double down on cryptocurrencies. “We also…
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The SEC filing notes the 10T Fund’s first sale occurred on Jan. 29, with $76 million remaining to be sold. Macro investor Dan Tapiero has launched a $200 million fund intended to invest in mid- to late-stage companies in the digital asset ecosystem. According to a Notice of Exempt Offering of Securities filing today with…
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“This was not Cash App’s decision — we disagree with this move wholeheartedly,” tweeted the service. Cash App, the Bitcoin-friendly mobile payments app from U.S. financial services firm Square, restricted buys of some of the stocks connected to the Wall Street shorts for more than four hours today. According to an announcement from Cash App,…
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“Stocks will be on the blockchain in the future,” predicted the billionaire. Jumping on the r/Wallstreetbets subreddit for an Ask Me Anything session recently, Dallas Mavericks owner Mark Cuban shared his thoughts on GameStop shorts, general investing, and various crypto-related topics. The billionaire said “the game is changing” when it comes to stocks, but encouraged…
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Cannabis users in the state may soon be able to pay for their green without cash. Digital asset market data firm Brave New Coin may soon be helping Nevada residents buy marijuana using crypto. According to Brave New Coin, blockchain firm Multichain Ventures will be using the company’s data and pricing infrastructure to fulfill regulatory…
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