Category: <span>Crypto Currencies</span>

Tesla founder and CEO Elon Musk has announced that people in the United States can now buy a Tesla using Bitcoin. Musk said on Twitter that Tesla is using only internal and open-source software and operates Bitcoin nodes directly. The Bitcoin paid to Tesla to purchase a vehicle will be retained as Bitcoin, and not...

English Premier League leaders, Manchester City, have joined forces with Socios.com to launch the Manchester City $CITY Fan Token. According to Sporttechie, cryptocurrency company Chiliz has partnered with Manchester City to launch a fan token on fan rewards app Socios. Fans who buy the $CITY Fan Token can vote in polls organized by the club, access...

Bitcoin rocketed to a fresh record high on Saturday, soaring past $60,000 (£43,100) for the first time ever. The cryptocurrency climbed more than 5% to a high of $60,322.60, according to Coindesk, continuing its stellar rally this year. The move passed the previous all-time record of around $58,330 set on 21 February. Bitcoin has surged...

This deal will grow PayPal’s cryptocurrency team by bringing on Curv, a startup working with exchanges, brokers and over-the-counter desks to help their users store crypto assets securely and access their wallets without requiring additional hardware. The larger company already supports the buying and selling of cryptocurrencies, and it says it plans to launch new crypto-related...

Rush to bitcoin? Not so fast, say keepers of corporate coffers When Elon Musk’s Tesla became the biggest name to reveal it had added bitcoin to its coffers last month, many pundits were swift to call a corporate rush towards the booming cryptocurrency. Yet there’s unlikely to be a concerted crypto charge any time soon,...

Beautiful island nation Maldives is hosting Incrypted 2021 with key stakeholders in the blockchain and crypto realm. Are you joining? Incrypted is said to be one of the premier Blockchain conferences that connects with the investors, start-up entrepreneurs, digital currency funds, family offices, and top entrepreneurs in the blockchain and cryptocurrency spheres since 2016. This...

Square, a mobile payment firm bought $170 million worth of bitcoin, the company revealed in its fiscal fourth-quarter financial report Tuesday. The company said it purchased approximately 3,318 bitcoins, expanding on its October 2020 buy of 4,709. Square said it represents about 5% of the company’s total assets as of the end of 2020. Bitcoin traded around $48,000...

Twitter and Square CEO Jack Dorsey and Roc Nation founder Jay Z have created an endowment to fund bitcoin development initially in Africa and India, Dorsey said Friday. The duo is putting 500 bitcoin, which is currently worth $23.6 million, in the endowment called ₿trust. The fund will be set up as a blind irrevocable trust,...

Following bitcoin’s surge to hit a new all-time high earlier in January, ethereum, the second largest cryptocurrency by market cap, neared $1,440 on Tuesday to inch toward the same feat — but that could just be the beginning of a 650% explosion, according to one strategy firm. Fundstrat Global Advisors’ cryptocurrency team issued an updated $10,500 price target...