Bitcoin Treasuries List Claims 59 Companies and a Handful of Countries Hold 1.49 Million BTC
304 days or roughly nine months ago, 42 companies held bitcoin on their balance sheet with an aggregate total of 1,350,073 bitcoin on March 1, 2021. Today, metrics indicate there are 59 companies, a few countries, and exchange-traded funds (ETFs) with 1,499,493 bitcoin held in treasuries. Private and Public Companies, ETFs, and Countries — Treasuries List Highlights 59 Firms With Bitcoin on Their Balance Sheets Over the last 12...
Indian Regulator SEBI Wants Mutual Funds to Stay Away From Crypto Investments Until Legislation Is Finalized
The Securities and Exchange Board of India (SEBI) has reportedly asked mutual fund companies not to get involved or invest in any type of crypto asset-based investments until the Indian government has come up with cryptocurrency legislation. SEBI Asks Mutual Fund Companies to Wait for Crypto Legislation The chairman of the Securities and Exchange Board of India (SEBI), Ajay Tyagi, reportedly said Tuesday that the market regulator does...
Tesla CEO Elon Musk Praises Dogecoin, Criticizes Bitcoin, Guesses Identity of Satoshi Nakamoto
Tesla and Spacex CEO Elon Musk says dogecoin is “fundamentally better than anything else” he has seen while he criticizes bitcoin. He also discussed the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, and the official currency of Mars. Elon Musk Discusses Crypto, Dogecoin, Bitcoin, Mars’ Currency, and Who Satoshi Nakamoto Is Elon Musk shared his thoughts on cryptocurrency, dogecoin, bitcoin, and the identity of Bitcoin’s...
Microstrategy Buys More Bitcoin, Now Holding 124,391 BTC
Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach $6 million. Microstrategy Has Purchased More Bitcoin The pro-bitcoin Nasdaq-listed company Microstrategy has purchased 1,914 more BTC. With the...
Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy
This week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion according to data. Over the last 30 days, tether’s market valuation grew by 5.6% and the stablecoin now represents 46% of the $168.3 billion stablecoin economy. Tether Market Cap is Less Than $2 Billion Away From Reaching $80 Billion On December 30, 2021, there’s roughly 78.2 billion tether (USDT) in circulation, according to coingecko.com’s...
