Brazil’s biggest investment bank, BTG Pactual is launching direct bitcoin and ethereum buying and selling through a new platform called Mynt. “We will make available bitcoin and ethereum trading to meet the demand from our customers who wish to invest in cryptos,” Roberto Sallouti, the CEO of BTG Pactual, said before adding: “As a new asset class, we will also […]
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President Bukele announced on Monday that they had bought an additional 150 Bitcoins, as the cryptocurrency market took a plunge. At the time of the announcement, the asset’s price had dipped to $45,000 meaning that the country spent roughly $6.7 million on the purchase. According to a tweet sent out by the pro-bitcoin president, the country was now holding a […]
Read moreA U.S. Food and Drug Administration advisory panel voted against the approval of COVID-19 booster shots for most people, but recommended the use of a third dose in people over age 65. The independent advisory panel on Friday voted 18-0 in emergency approval for the Pfizer-BioNTech’s COVID-19 vaccine booster shot at least six months following the second dose among people […]
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Bitcoin is up some 10% since Monday, rising from $44,000 to above $48,000 at the time of writing, with eth also touching $3,500. Numerous factors are contributing to a bit of bullishness after a small dip, including a worsening of the situation in China where Evergrande defaulted on banks. Evergrande is getting ever small, with its attempt to quickly sell […]
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El Salvador becomes the first country in the world to officially adopt Bitcoin as legal tender. In solidarity, the community pledged to purchase $30 worth of BTC, about the same amount that each El Salvadorian will receive. El Salvador purchases 550 BTC while McDonald’s announces that it has begun accepting Bitcoin. El Salvador took the biggest financial leap in its […]
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According to a recent regulatory filing report, MicroStrategy has purchased an additional $243 million worth of Bitcoin. In the third quarter of 2021, MicroStrategy purchased $419 million in Bitcoin. The firm holds about $3.16 billion of the Bitcoin in circulation. Boosting its Crypto Holdings Michael Saylor, the CEO of MicroStrategy, took to his Twitter account to share the economic progress. […]
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In a recent report, Miller Opportunity Trust, one of the funds offered by investment firm Miller Value Partners, said that Bitcoin has the potential to become a form of digital gold. Legendary American value investor William H. Miller III is the Founder, Chairman, and Chief Investment Officer of Miller Value Partners. Before starting Miller Value Partners, Bill Miller and Ernie Kiehne founded Legg Mason Capital Management, […]
Read moreShares of Electronic Gaming & Multimedia company Sea Limited (SE) are down more than 5% in the morning trade on Thursday at $324.90. Wednesday, the company announced a proposed registered underwritten public offering of American Depositary Shares, each representing one Class A ordinary share, par value $0.0005 per share, and a proposed registered underwritten public offering of its convertible senior […]
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Bitcoin shattering $50,000 will come as no surprise to market players who are now opining that bears had enough time to dominate the market, but have failed continuously. Noting that the bears have run out of time was on-chain analyst Williams Clemente who has his eyes peeled for BTC surmounting $50k in the near term. His tweets echo the sentiments […]
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