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JPMorgan: ‘Modest Headwind’ for Bitcoin Price But Corporate Demand a Strong Vote of Confidence for its Future

The tables have turned. As Bitcoin gets special attention from the publicly traded companies, the banking giant's views are also changing about the leading digital asset. According to JPMorgan, Jack Dorsey’s Payment company Square investing $50 million investment in Bitcoin is a “strong vote of confidence for the future of bitcoin. дальше »

2020-10-15 17:06


Institutional Asset Manager, Stone Ridge, Buys 10,000 ($115M) Bitcoin as its Treasury Reserve Asset

The $10 billion institutional asset manager has bought 10k BTC worth $115 million as its “primary treasury reserve asset. ” Publicly-traded MicroStrategy first started the narrative (twice), then last week, Jack Dorsey’s Square bought $50 million Bitcoin, representing 1% of company assets. дальше »

2020-10-13 20:17


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Bitcoin bull Willy Woo says many more hefty BTC purchases are on the way and here’s why

After the Jack Dorsey led financial services company, Square announced its purchase of 50 million dollars worth of Bitcoin, the cryptocurrency markets saw a surge of around 5 percent. Bitcoin analyst Willy Woo sees the move by Square as a precursor to a whole wave of high powered buyers that will be rushing into the […] дальше »

2020-10-13 15:22


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Nothing Is Better Than Bitcoin, Morgan Creek’s Anthony Pompliano Proclaims

On Friday, the bitcoin price finally managed to push above $11,000 for the first time in almost three weeks boosted by the news of payments giant Square — with Twitter’s Jack Dorsey at the helm — purchasing over 4,000 BTC, subsequently putting 1% of its treasury assets into bitcoin. After strongly holding above the $11K […] дальше »

2020-10-11 23:12


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A “Tsunami” Of Institutional Investors Is Coming Following Square’s $50 Million Investment In Bitcoin, Tyler Winklevoss Predicts

On October 8, Jack Dorsey’s Square Inc. announced that it had purchased approximately 4,709 BTC worth $50 million. Square even explained in detail how they bought the bitcoins over-the-counter via a liquidity provider that services CashApp in a bid to help others who might want to do the same. The firm cited: “We negotiated a […] дальше »

2020-10-10 14:32


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Jack Dorsey’s Square Invests $50 Million In Bitcoin And That’s Yet Another Big Win For Crypto

Square, the mobile payment company founded by Twitter’s Jack Dorsey, announced Thursday that it has invested a mouthwatering $50 million in the bellwether cryptocurrency. According to an official statement, the firm purchased roughly 4,709 BTC as cryptocurrency is “an instrument of economic empowerment and provides a way for the world to participate in a global […] дальше »

2020-10-8 21:30


Twitter CEO Jack Dorsey Still Bets Big on Bitcoin as Internet’s Native Currency

Coinspeaker Twitter CEO Jack Dorsey Still Bets Big on Bitcoin as Internet’s Native CurrencyJack Dorsey went praising Bitcoin calling it the native currency of the internet. However, Dorsey added that to ensure Bitcoin's long-term success, it must be made more "intuitive" as well as "cost-effective" and "time-effective". дальше »

2020-9-11 11:39


Square Crypto’s Patent Pledge Isn’t the First of Its Kind

Square Crypto is taking a page out of the book of Satoshi Nakamoto and launching a new entity that will hold its bitcoin-related patents. Jack Dorsey, who is at the helm of both Square and Twitter, tweeted the announcement to mostly cheers and applause from the crypto community — but not everyone is convinced of […] The post Square Crypto’s Patent Pledge Isn’t the First of Its Kind appeared first on BeInCrypto. дальше »

2020-9-11 00:40