Square is a company that is co-founded by Jack Dorsey, who is co-founder of Twitter. Today, it has announced on its balance sheet that it has invested 50 million dollars in Bitcoin that has fetched it 4709 bitcoins. The supply of Bitcoin is limited to 21M BTC. That means if every company in the world were to do that only 4,459 companies would be able to buy BTC before the supply ran out.
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In 2009, Bitcoin was created as trustless P2P electronic cash transfer but in the fast-few years, people have started labelling Bitcoin as a replacement to gold, calling it Bitcoin 2.0. Michael Saylor, CEO of MicroStrategy has bought ~21,500 bitcoins for his company.
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An interesting propaganda news is being circulated in Cankao Xiaoxi, Xinhua, CCTV2 and other CCP owned media outlets and the headline is Cryptocurrency assets are best performing assets in 2020.
(more…)Joost Jager used to be a part of Bitcoin Lightning team and yesterday, he announced on twitter that he will be leaving their team to work on other projects.
Popular crypto hardware wallet seller, Ledger has churned out v2.11.1 of Ledger Live that adds powerful feature called Coin Control that adds many new features to the way you do Bitcoin transactions. One that caught our eye is optional privacy.
MicroStrategy is largest business intelligence company and today, it has announced that it has purchased 21454 bitcoins that will be used as primary treasury reserve asset. Total amount of 250 million dollars were used to accumulate 21454 bitcoins.
Anchor USD is an app for Stellar ecosystem and it offers many features including ability to trade, take flash loans and earn interest in case you want to profit without doing any trading.
Bitmex cryptocurrency exchange is behind USDT stable coin and it has been asked to submit a number of documents to courts. It will have to drag other crypto currency exchanges into this case and explain courts how USDT was issued in first place.
Folks who intend to own bitcoin now or in the future must find somewhere to store them, and the place where bitcoin is stored is called a wallet. Folks should know that the wallet does not hold their bitcoin but holds the private key that enables them to access the address of the bitcoin.
Popular cryptocurrency wallet, Ledger has rolled out an updated version of their Ledger Live application. This lets you buy bitcoin and other cryptocurrenices directly inside the Ledger Live app.
