It’s certainly not at the same scale as a Tesla or a MicroStrategy, but some privately held South African firms have started converting a portion of their cash holdings into cryptocurrencies like bitcoin.
Browsing: Cryptocurrencies
Coinbase Global, the largest US cryptocurrency exchange, said on Wednesday that recent private market transactions had valued the company at around $68-billion.
For centuries, money issued by governments has served as the lifeblood of the global economy. But in our digital age, it’s facing a bizarre, postmodern sort of competition.
Bitcoin consolidated around US$60 000 on Monday, taking a breather from the weekend’s record high as investors prepared for inflation worries…
As major financial hubs like Singapore redraw legislation to lure crypto firms, South Africa’s burgeoning exchanges say they are having to move headquarters abroad due to uncertainty over potential government regulation.
John McAfee, the antivirus software pioneer, has been indicted on fraud and money laundering conspiracy charges stemming from two cryptocurrency schemes.
The Biden administration will soon have to settle a bitcoin fight it didn’t even start, and its decision could have far-reaching implications for the cryptocurrency industry.
Bitcoin is at a “tipping point” and could in the future become the preferred currency for international trade or face a “speculative implosion”, Citi analysts said.
Coinbase Global’s filing to become a publicly traded company provides a glimpse into the remarkably small circle of mostly men who command the incredibly lucrative digital landscape.
Unless you’re the world’s richest person, you shouldn’t be buying bitcoin. That’s the message from Bill Gates – the third richest.