Search Results for: Holdings

1 Billion People Using Bitcoin in the next 4 Years Puts Price North of $500k, says 10T Holdings Co-Founder

Bitcoin’s widespread adoption is showing no signs of stopping, as evidenced by its surge to hit a price of more than $50,000. This milestone has never been seen in its twelve-year history.  With a projection of 1 billion people using BTC in the next four years, as acknowledged by crypto analyst Willy Woo, Dan Tapiero, … Continue reading 1 Billion People Using Bitcoin in the next 4 Years Puts Price North of $500k, says 10T Holdings Co-Founder

BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings

BTSE, the UAE based digital exchange, has big plans for their ecosystem. They have recently launched the latest development in what they call their “comprehensive digital bank at the juxtaposition of crypto and fiat.” Their Earn protocol gives clients the ability to earn yield from crypto holdings that might otherwise just sit there gathering dust. … Continue reading BTSE Offers Users the Chance to Collect Interest on Their Idle Crypto Holdings

Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

Bitcoin (BTC) has been on overdrive as it surpassed the psychological barrier of 58k and hit $58,156 on March 11. Even though the leading cryptocurrency has retracted to $56,721 at the time of writing, it has recorded green bullish candlesticks for seven consecutive trading days. Dan Tapiero, the co-founder of fintech and digital asset firm … Continue reading Colossal Increase in US Household Liquidity Might Push Bitcoin Further Upwards, says 10T Holdings Co-founder

Korea's Financial Services Commission Officials Mandated to Declare their Crypto Holdings

A lot of restructuring may be happening at the South Korean Financial Services Commission (FSC). Staff members were given a May 7 deadline to file a report detailing their cryptocurrency investments, as mandated by FSC Chairman Eun Sung-soo. Per the Korea Times news outlet, the report was made obligatory after concerns that some members of … Continue reading Korea's Financial Services Commission Officials Mandated to Declare their Crypto Holdings

Jim Cramer Sold Most of His Bitcoin Holdings but Willing to Buy Again If Prices Fall to Near $10,000

Jim Cramer, The CNBC host, stated that he sold almost all of his Bitcoin holdings amid the crypto volatility. However, the TV host and former hedge fund manager said he would purchase Bitcoin again if it were really to the tank. On Tuesday, Bitcoin experienced a rebound like a roller coaster, after plunging more than 9%, trading … Continue reading Jim Cramer Sold Most of His Bitcoin Holdings but Willing to Buy Again If Prices Fall to Near $10,000

ETH Holdings on Exchanges Drops Below 18% in 31 Months

The second-largest cryptocurrency Ethereum regained momentum recently after breaking through the psychological price of $2,100. ETH was down by 3.58% in the last 24 hours to hit $2,035 during intraday trading.  Ethereum has been trying to renew its upward momentum following the recent market crash, which saw its price nosedive from an all-time high (ATH) of … Continue reading ETH Holdings on Exchanges Drops Below 18% in 31 Months

UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year

Headquartered in Pontiac, MI. UWM Holdings Corp, a large-scale wholesale mortgage lender in the United States, said it plans to accept cryptocurrency to satisfy mortgage payment this year. United Wholesale Mortgage (UWM), the nation’s largest home mortgage loan wholesale company, underwrites and provides closing documentation for residential mortgage loans originated by independent mortgage brokers, correspondents, … Continue reading UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year

MicroStrategy Further Accumulates Bitcoin Holdings to 114,042 after additional 5,050 Purchase

MicroStrategy Incorporated, a Nasdaq-listed software and cloud service provider, have doubled down yet again on its Bitcoin acquisition Pursuits, committing a new $242.9 million to purchase a new batch of the digital asset. MicroStrategy’s Bitcoin Portfolio Announced by Michael Saylor, the iconic Chief Executive Officer of MicroStrategy, the latest acquisition added approximately 5,050 BTC into … Continue reading MicroStrategy Further Accumulates Bitcoin Holdings to 114,042 after additional 5,050 Purchase

Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Bitcoin (BTC) is back to winning ways because it breached the psychological price of $50,000, a fate not seen since September 7. The leading cryptocurrency was up by 21.15% in the last seven days to hit $51,426 during intraday trading, according to CoinMarketCap. Institutional investors continue to show their confidence in Bitcoin based on their … Continue reading Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3

Tesla electric vehicle maker has published its Q3 earnings report, showing that the company had an impairment loss of $51 million in its Bitcoin holdings. As per the Q3 earnings presentation, Tesla reported no new purchases or sales of Bitcoin, and currently, the firm holds $1.26 billion in Bitcoin investments. According to accounting rules for … Continue reading Tesla Records $51 Million Impairment Loss on its Bitcoin Holdings in Q3

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