Jury in Craig Wright lawsuit still deadlocked on final verdict
The court case involving 1.1 million Bitcoin has come to a halt because the jury has been deadlocked for days. If jurors remain deadlocked, the legal battle between Australian Craig Wright and the estate of his now-deceased friend David Kleiman over legal rights to tens of billions of dollars in Bitcoin generated by Satoshi Nakamoto […]
MicroStrategy purchases 7,002 Bitcoin (BTC) at $59,187 per coin
MircoStrategy has purchased an additional 7,002 Bitcoin (BTC) valued at about $414.4 million at an average price of $59,187 per coin MircoStrategy has purchased additional 7,002 BTC MicroStrategy’s CEO, Michael Saylor, stated Monday via a Twitter post and a business filing that the company has purchased an additional 7,002 Bitcoin (BTC) valued at about $414.4 […]
“Where will Bitcoin end “Moonvember”? 5 things to look out for in BTC this week
Bitcoin (BTC ) is back at $57,000 as a new week begins after a much stronger weekly close than many predicted. Coronavirus uncertainty continues and data reveals key insights into Bitcoin support and resistance levels Bitcoin surpassed $58k overnight After a late spike, Bitcoin (BTC ) is back at $57,000 as a new week begins […]
MAS-regulated fund manager Fintonia Group launches two Bitcoin funds
Fintonia Group, a fund manager authorized by the Monetary Authority of Singapore (MAS), has introduced two institutional-grade Bitcoin (BTC) funds. The funds aim to provide simple and secure exposure to Bitcoin for professional investors. Fintonia said on Thursday that two new funds, the Fintonia Bitcoin Physical Fund and the Fintonia Secured Yield Fund , will […]
Bank of England’s chief believes Bitcoin is too volatile to be a legal tender
The Bank of England’s governor Andrew Bailey expressed reservations about El Salvador’s use of Bitcoin (BTC) as legal tender although, the bank of England promotes CBDCs as a “revolution of money.” El Salvador’s plan to use Bitcoin as a currency, according to Bailey, is concerning since consumers are likely to be harmed by the cryptocurrency’s […]