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Bitcoin

Russia Has No Plans To Ban Crypto Completely

Kavon Hyatt | November 5, 2021 | Leave a comment
Unlike that of China, Russian authorities had stated that the possibility of crypto being banned in its totality is not as likely, as many had speculated that the latter may end up following the former’s footsteps (when China had...
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MicroStrategy Bought 9,000 BTC in Q3, Planning to Acquire More

Crypto Option | October 29, 2021 | Leave a comment
Briefly– MicroStrategy purchased almost 9,000 BTC in Q3. The company now holds $BTC worth $7 billion. The business intelligence firm plans to buy more Bitcoins in the future. MicroStrategy, a NASDAQ-listed company, added its crypto holdings with 9,000 BTCs...
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US Senate Candidate Wants To Set Up Fort Nakamoto As A Strategic BTC Reserve

Kavon Hyatt | October 27, 2021 | Leave a comment
A candidate for U.S. Senate “Blake Masters” wishes to organize “Fort Nakamoto” (a systematic Bitcoin reserve), which would be linked to gold and Fort Knox, according to him. The step was triggered by the renewed crackdown started by China...
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New Survey Shows 45% Of Crypto Holders Turn To Celebrities For Advice

Kavon Hyatt | October 22, 2021 | Leave a comment
The latest survey has disclosed comprehensive details about the outward inclination of the retail investors regarding seeking advice from the influencers and celebrities’ social media portfolios. As per a survey conducted by Morning Consultant consisting of 2,200 adult citizens...
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Gary Gensler Says Investors Do Not Have Enough Protection In Cryptocurrency Space

Kavon Hyatt | October 7, 2021 | Leave a comment
Speaking in his testimony to the Senate Banking Committee, SEC Chairman Gary Gensler highlighted the issues regarding investor protection in crypto. Gary Gensler stated before the Senate Banking Committee that the lack of Investor protection in new techs such...
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MicroStrategy Adds Additional $243M Worth BTC Into Its Balance Sheet

Kavon Hyatt | October 3, 2021 | Leave a comment
Well, it looks like Michael Saylor just cannot help himself, as he has gone ahead and purchased even more Bitcoin (BTC) for MicroStrategy. Recently, BTC worth a massive $243 million had been bought by the company, which brings the...
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El Salvador’s Government Votes In Favor Of Developing A BTC Trust

Kavon Hyatt | September 13, 2021 | Leave a comment
The authorities of El Salvador favoured the construction of a Bitcoin Trust costing up to $150 Million. The role of the trust for converting Bitcoins to US dollars can assist the local population in balancing their exposure to cryptocurrency....
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Impending Crypto Taxation Bill Continues To Worry Industry Insiders

Kavon Hyatt | September 6, 2021 | Leave a comment
As the enormous $1 trillion infrastructure bill of the United States is amidst the parliamentary procedures, the outcomes of this proposal of crypto tax are still unanswered. In the meantime, the industry of cryptocurrency is getting prepared with a...
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Citigroup Seeks Regulatory Approval To Launch BTC Futures Trading On CME

Kavon Hyatt | September 2, 2021 | Leave a comment
Citigroup, a U.S.-based multinational giant for investment banking, is reportedly looking to initiate the trade of Bitcoin Futures, saying that the banking institution has observed a heightened interest of its institutional investors in BTC. Keeping this in view, the...
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El Salvador’s President Gears Up To Implement Bitcoin Law On Sep 7

Kavon Hyatt | September 1, 2021 | Leave a comment
Nayib Bukele, the president of El Salvador, has disclosed the framework for the forthcoming enactment of the set of rules named ‘Bitcoin Law’ to begin from 7th September, after which the Chivo app (as a crypto wallet) will be...
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