Cathie Wood, Ark Investment Management (Ark Invest), CEO shared her prediction regarding the metaverse during an interview with CNBC. She stated that the metaverse is a multitrillion dollar opportunity that will affect every sector of the economy. Ark Invest CEO opined that: It is a huge idea that will likely infiltrate every sector, just as technology […]
Why Cash Is Still King For Bitcoin Exchange Coinme
Af ter writing yesterday about how Bitcoin can be used to liberate people from the harmful effects of inflation on their savings it may seem strange that I am now publishing an article titled ‘cash is still the king’. It is a fact that society will need to reduce its dependence on government-issued currency over time. The […]
Bitcoin Bulls Dig in Heels as Google Investment Arm Backs Digital Currency Group
Grayscale Investments, a leading digital asset investor firm, is an indicator of institutional demand for bitcoin. Grayscale Bitcoin Trust has $39.7 Billion in assets under management (AUM). The parent company has been endorsed by some prominent Silicon Valley names. Digital Currency Group, Grayscale’s parent company, has attractedsome large investors, including a division from tech giant Google. They are […]
Jack Dorsey says Square is ‘considering’ building a Bitcoin mining system
MIAMI, FLORIDA – JUNE 04: Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. The crypto conference is expected to draw 50,000 people and […]
In Brazil, Bitcoin Acceptance Comes With Rules
Brazil is moving towards crypt acceptance as a legal tender. However, it will be accompanied by a number of new regulations and oversight. According to sites like Coinrivet, authorities from that country have introduced a bill that would allow Bitcoin to be used in all transactions, large or small. Federal Deputy Aureo Ribiero would introduce the bill to the […]