Category: bitcoin news

NCR Corporation plans to purchase Bitcoin ATM company LibertyX

August 2, 2021

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LibertyX currently services 20,000 retail stores in the U.S. with 9,500 crypto ATMs. 2558 Total views 195 Total shares Enterprise technology provider NCR Corporation has announced an agreement to buy LibertyX, the company that launched one of the first retail Bitcoin ATMs. In a Monday announcement, NCR said it expected to purchase LibertyX later this […]

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GoldenTree Asset Management is reportedly investing in Bitcoin

July 30, 2021

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At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital. 5277 Total views 27 Total shares New York-based asset management firm GoldenTree has reportedly added Bitcoin to its balance sheet, though the amount of this supposed investment remains unknown. According to a Friday […]

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IMF issues veiled warning against El Salvador’s Bitcoin law

July 26, 2021

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Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials. 9237 Total views 72 Total shares The International Monetary Fund is warning that some of the consequences of a country adopting Bitcoin as a national currency “could be dire.” According to IMF marketing department financial […]

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Weekly roundup: Ark Invest, Edge Wealth Management, and Rothschild Investment accumulate crypto

July 23, 2021

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Cathie Wood’s Ark Invest purchased more than 450,000 GBTC shares in two separate buys this week. 2559 Total views 5 Total shares As the price of Bitcoin returned to more than $32,000 this week, some major firms announced they had increased their exposure to cryptocurrencies through Grayscale’s crypto trusts. According to a Friday filing with […]

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El Salvadorians take to the streets to protest Bitcoin law

July 23, 2021

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Those who marched against Bitcoin this week claimed the cryptocurrency was too volatile and would allow businesses to “launder ill-gotten money.” 8354 Total views 6 Total shares Protesters calling themselves the Popular Resistance and Rebellion Block have come out against El Salvador’s government passing a law making Bitcoin legal tender. A Tuesday tweet from local […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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