bitcoin news | Crypto Profit Bot

Stacks (STX) price rallies 195% after revealing plans to bring DeFi to Bitcoin

July 22, 2021

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Ethereum (ETH) is currently the leader when it comes to smart contract capabilities and the sheer number of projects operating on its network, but the push to build products on Bitcoin (BTC) is gaining traction with advocates like Square CEO Jack Dorsey spearheading the effort to bring decentralized finance (DeFi) to the Bitcoin network. One […]

Mexico may not be following El Salvador’s example on Bitcoin… yet

June 28, 2021

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A warning from the country’s financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accepting Bitcoin. 4060 Total views 7 Total shares Authorities behind financial regulation in Mexico have warned against financial institutions handling cryptocurrencies, saying digital assets are still not considered legal tender in […]

Nigerian secondary school will accept crypto payments despite regulatory uncertainty

June 25, 2021

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“We believe one day digital money will gain more acceptance than paper money,” said school director Sabi’u Musa Haruna. 2472 Total views 7 Total shares A private secondary school based near the Nigerian city of Kano has announced it will be accepting payments for school fees in cryptocurrency amid the country’s central bank banning financial […]

Pro basketball league in Canada will offer players Bitcoin salaries

June 18, 2021

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“The ability to have part of my salary go directly into an investment that I believe will appreciate greatly over the next 10-30 years is a no-brainer,” said Guelph Nighthawks guard Kimbal Mackenzie. 3185 Total views 18 Total shares The Canadian Elite Basketball League will be allowing players from its seven teams to accept a […]

Following massive BTC purchase announcement, MicroStrategy says it may sell up to $1B in stock

June 14, 2021

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The firm said it intended to use the proceeds from the offering “for general corporate purposes, including the acquisition of Bitcoin.” 21107 Total views 26 Total shares The same day business intelligence firm MicroStrategy announced it would use $488 million from the proceeds of a private offering sale to buy Bitcoin, the company said it […]

Bitcoin car will race at the Indianapolis 500

May 12, 2021

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“This isn’t the Strike car, the Coinbase car, the Kraken car […] this is the Bitcoin car,” said Jack Mallers. 1279 Total views 7 Total shares A car and driver branded with the Bitcoin logo will be racing in circles against 32 others in this month’s Indianapolis 500. According to a blog post from Zap […]

Data analytics giant Palantir now accepts Bitcoin payments

May 11, 2021

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The firm added Bitcoin was “definitely on the table” as consideration for a treasury reserve asset. 7561 Total views 30 Total shares The $30 billion Colorado-based data analytics company founded by billionaire Peter Thiel now accepts Bitcoin from clients as a form of payment. According to a CNBC report today, Palantir said during its earnings […]

Canadian firm files final prospectus for Bitcoin ETF

April 29, 2021

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Subject to regulatory approval, the asset manager should convert its Bitcoin trust to an ETF starting next week. 1025 Total views 12 Total shares After putting the matter to a vote amongst the unitholders of its Bitcoin trust, Toronto-based investment manager Ninepoint Partners has filed its final prospectus for a Bitcoin exchange-traded fund. According to […]

Blackrock CEO says crypto ‘may become a great asset class’ but is no substitute for currency

April 15, 2021

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Larry Fink said he hadn’t been seeing great institutional demand for crypto within Blackrock’s circles. 4868 Total views 23 Total shares Despite the successful rollout of Coinbase’s stock on Wednesday, Blackrock CEO Larry Fink still expressed some concerns over the institutional adoption of crypto. In an interview with CNBC’s Squawk Box on Thursday, Fink said […]

Crypto media runs with the bulls as new entrants compete against established brands

March 26, 2021

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New opportunities arise during each Bitcoin bull run. The current ebullience has been driven by an influx of institutional investors, along with major payment providers like PayPal and Mastercard. But why are they here to begin with? Much of the recent enthusiasm can be attributed to the vast and vociferous audience that’s been developed by […]

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Category: bitcoin news