Texas Senator Ted Cruz is a budding fan of bitcoin and blockchain technology. He made pro-bitcoin comments while speaking to Sean Hannity at Fox News. “Bitcoin Has A Lot Of Potential” After a surge to a record high above $64,000 in April, the price of bitcoin has quickly slumped in a span of weeks. Even still, Republican Senator Ted Cruz […]

Coinbase announced today that it has increased the number of U.S. states in which residents are eligible for Bitcoin-collateralized loans from the exchange. The company has also increased the percentage limit that customers can borrow on their Bitcoin holdings, from 30% to 40%. The company is now offering fixed-term BTC collateralized loans to 17 states in the US and lines […]

On Tuesday (June 8), Marc Lasry, the billionaire co-founder and CEO of hedge fund Avenue Capital Group (and co-owner of NBA team Milwaukee Bucks), expressed his regret over not buying more Bitcoin several years ago when the price was much lower.  The hedge fund that Marc Lasry co-founded (with his sister Sonia Gardner) in 1995 — Avenue Capital Group — which is headquartered […]

NASDAQ-listed Victory Capital Holdings plans to delve into crypto, a press release on June 9 states. Victory Capital Strikes an Exclusive Agreement with Hashdex Victory Capital is a global asset management firm that’s diversified, managing over $157 billion, according to the latest financial statements in late April 2021. Towards this end, the asset manager has established “exclusive agreements” with Hashdex […]

From Miami to Manitoba, it’s a eureka moment for Bitcoin as it gets its first official national legal tender status. The announcement by El Salvador’s President Nayib Bukele – the current favorite president of the crypto-world – puts a big blue tick on the resilience and tenacity the world’s biggest and oldest cryptocurrency has shown over the last two years. […]

Marc Lasry has a deep regret about bitcoin. The billionaire hedge fund manager has quickly realized that he should have stacked more bitcoin a few years ago. Marc Lasry Remains Bullish On Bitcoin  Lasry, co-founder and CEO of Avenue Capital, told CNBC’s Squawk Box on Tuesday that although the bitcoin price could either spike to $100K or plummet all the […]

The Congress of El Salvador has passed the Bitcoin Legal Tender bill with 62 out of 84 voting in favor, said Nayib Bukele, the president of El Salvador. The bill is translated below in full with it stating the bill “is to regulate bitcoin as legal tender,” detailing “all prices can be expressed in Bitcoin” and “all tax contributions can […]

Former United States President Donald Trump has once again reiterated his negative stance towards bitcoin (BTC) and other cryptocurrencies. In an interview with the Fox Business Network on June 7, 2021, Trump labeled the revolutionary cryptocurrency as a scam that’s competing with the dollar.  Trump Condemnation Triggers More BTC Price Slump While crypto market analysts have predicted that the bitcoin […]