GSA Plans To Sell Over $500K Worth Of Bitcoin At Upcoming Auction

The US General Services Administration (GSA) is planning to conduct a Bitcoin auction worth over $500,000. The auction which is to take place from 23-26 April will be the third that the auction arm of GSA will hold this year. GSA manages and supports the basic functioning of federal agencies. It also does auctions to sell off management vehicles, equipment, […]

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Bitcoin Could Crash By 50%, Guggenheim’s Scott Minerd Warns

Few things get the crypto world excited like speculation and discussion about the current or future price of bitcoin. Whether it is a price rally that launches a million tweets talking about bitcoin ‘going to the moon’ or a price drop that validates bitcoin naysayers, the community loves to discuss the price of bitcoin. Experts also weigh in on the […]

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WeWork To Begin Accepting Payments In Cryptocurrencies

Shared workspace provider WeWork is set to begin accepting payment in select cryptocurrencies in a partnership with bitcoin payment processor BitPay. The company will also partner Coinbase to pay landlords and third party partners in cryptocurrencies where applicable. The partnerships with BitPay and Coinbase will expand WeWork’s flexibility by utilizing cryptocurrency for inbound and outbound transactions. WeWork will also hold […]

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Bitcoin Price Is Going to Infinity, According to Kraken CEO and the Simpsons

Last month, crypto exchange Kraken Co-Founder and CEO Jesse Powell said during an interview that Bitcoin is “going to infinity”. Well, it appears that the people who make the animated sitcom The Simpsons agree. On March 4, Powell talked about Bitcoin during an interview with Emily Chang on Bloomberg TV, and when asked how high the price of Bitcoin could eventually go to, he replied: […]

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European Macro Hedge Fund Brevan Howard To Purchase $84M in Crypto

Brevan Howard is the latest asset management firm to delve into the booming crypto space. As per a Bloomberg report, the European hedge fund plans to invest 1.5% of its $5.6 bn assets under management into digital currencies. The firm will therefore buy about $84 million in cryptocurrencies for its clients. Brevan Howard Fund’s Position Per the report, Brevan’s crypto […]

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Bitcoin's Exploding Value May Have Turned Bitfinex Hackers Into Multi-Billionaires

Holding cryptocurrencies have made billionaires out of some of the leading figures in the crypto ecosystem. Usually, these crypto billionaires are CEOs of exchanges or long-term investors, but there is an anomaly this time, and the names or faces behind this billion-dollar status are still unknown. Bitfinex hackers now have $7.5 billion worth of Bitcoin in their possession These anonymous […]

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Biden Sanctions Russian Bonds

The President of the United States, Joe Biden, has signed an executive order sanctioning US companies from participating in the Russian bond market. The White House said: “Treasury issued a directive that prohibits U.S. financial institutions from participation in the primary market for ruble or non-ruble denominated bonds issued after June 14, 2021 by the Central Bank of the Russian […]

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