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Category Archives: Finance

Bill Gates was once an hater and now he is a bitcoin “supporter”

Bill Gates, the founder of Microsoft, spoke about bitcoin and digital currencies in two separate interviews last Thursday (18). At first, he said the world would be better off without innovations like cryptocurrencies because they facilitate some criminal activities. However, he took a more subdued

Luxury electric vehicles manufacturer Lucid Motors is going public

Lucid Motors, the luxury electric vehicles manufacturer is near to close a deal to go public through a merger with a blank-check company started by investment banker Michael Klein, and the deal could be announced early this week, according to people familiar with the matter

Elon Musk defends Tesla bitcoin investment

Elon Musk took a stand in defense of Tesla investment in bitcoin (BTC). In an interview with Bloomberg, Binance’s CEO, Changpeng Zhao, said he was surprised by the billionaire’s stance on dogecoin (DOGE) while he chooses to invest in another cryptocurrency. It didn’t take long

A mysterious entity bought 20 thousand bitcoin mining machines

Russia received the largest import of bitcoin mining machines (BTC) in history in December 2020. There were 20,000 units of the equipment purchased for an estimated $ 40-60 million by an unknown company in Siberia. The information was revealed on Wednesday (10) by the Russian

Nigeria senator : Bitcoin has made our currency useless

The Senate of Nigeria did not properly erase the Central Bank’s attempt to ban bitcoin, which ordered all banks in the country to close accounts of people associated with cryptocurrencies. Reacting to the news during the Thursday plenary session, Senator Sani Musa of the Niger

Analyst : Apple is ready to start accepting bitcoin

According to Mitch Steves, an analyst from global investment bank RBC Capital Markets, the largest bank in Canada, Apple Inc. is well positioned to offer cryptocurrency trading. He figures that the payments firm Square generates about $1.6 billion per quarter in bitcoin-related revenue on an

Ray Dalio : governments won’t let bitcoin win

The billionaire and hedge fund manager of the world’s largest hedge fund (Bridgewater Associates), Ray Dalio said in an article published in linkedin post entitled “What I Really Think of Bitcoin” that he doesn’t see governments letting bitcoin win. Dalio started by complimenting the technology

24 years old stole $90 million worth of bitcoin

Australian Stefan He Qin, founder of two cryptocurrency funds, was accused by the United States Attorney’s Office of fraud in a scheme that stole nearly $90 million. He pleaded guilty to all charges on February 4, 2021. Owner of the Virgil Sigma Fund and VQR