Square Bitcoin revenue, profit 'may fluctuate' due to 'customer demand, market price'

Amid a flurry of companies reporting positive outcomes from their Bitcoin investments during the third quarter, digital payments giant Square has also reported $1.81 billion in Bitcoin-generated revenThe post Square Bitcoin revenue, profit 'may fluctuate' due to 'customer demand, market price' appeared first on AMBCrypto.

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Over $5 Billion In BTC Paid In Top 10 Ransomware Variants, Says U.S. Treasury

Ransomware attacks in the U. S. have been on a rise since late 2020, but it is particularly booming in 2021. This year, hackers have hit numerous U. S. companies in large-scale hacks. One such attack on pipeline operator Colonial Pipeline led to temporary fuel supply shortages on the U.

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Crypto Risks ‘Creeping’ into Over $7 Trillion Stocks With at Least 52 Companies Investing in the Market

MSCI Inc. says the risks from cryptocurrencies are steadily “creeping” into everyone’s portfolio. According to an analysis by the New York-based finance company with a $50 billion market capitalization, at least 52 companies representing a $7.

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Crypto, blockchain funding sees surge in Q3 2021, FTX is top beneficiary

Blockchain companies have attracted the highest levels of funding in 2021, as per figures by Blockdata. In 2020, the cumulative funding was estimated to be around $3.772 billion. However, Q3 more thaThe post Crypto, blockchain funding sees surge in Q3 2021, FTX is top beneficiary appeared first on AMBCrypto.

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Crypto Exchanges and Companies React to China’s Ban, PBoC Injects 100 Billion Yuan Liquidity in Markets

Despite boosting the net liquidity injection of 510 billion yuan (almost $79 billion) in the preceding six days, the central bank failed to spur risk appetite; meanwhile, crypto-asset prices jumped.

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Visa whitepaper describes NFTs as a ‘promising medium for fan engagement’

The nonfungible token, or NFT, market registered $2.5 billion in sales during the first half of 2021. Companies like Visa continue to shine the spotlight on this rapidly growing industry.

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Why Squares’ $29 Billion Afterpay Acquisition Deal is the Biggest Thing for Bitcoin Right Now

Square is relentless in its efforts to increase the adoption rate of Bitcoin and it already seems to be paying off for both the payment giant and the Bitcoin market. Square is beginning to earn the title of one of the most valuable companies in the Bitcoin market and it seems the company is not […]

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Hillstone: An M&A Fund Breaking Barriers of Entry in the Financial Markets

A new chapter for regular retail traders has come, bringing with it the ability to maneuver the financial markets in the same way as accredited investors. The past decade has seen explosive growth in venture capital investment with records showing a whopping $118 billion worth of investment in contracting venture capital firms targeting early-stage companies […]

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$30 Billion State-Managed Pension Fund Invests in Publicly Traded Bitcoin Miners

New Jersey’s pension fund has gained indirect exposure to Bitcoin and cryptocurrencies by investing in their mining companies. The pension fund with $30 billion in total assets of its state employees took stakes in two of the biggest names, Riot Blockchain and Marathon Digital Holdings.

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Crypto Companies Raked In Record-Breaking $4.4 Billion in Q2

Blockchain companies cumulatively secured a whopping $4.4 billion in funding in the second quarter

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Fortune 500 Companies and 1 Billion Users: Cardano Foundation Shares Its Goals for Next 5 Years

The Cardano Foundation aims to on-board Fortune 500 companies that will hold and use ADA

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Over $11B in Bitcoin Held by 32 Companies: Crypto Treasuries Report

Data from CryptoTreasuries shows that 32 companies hold nearly $12 billion in BTC, while 11 companies hold roughly $470 million in ETH. The post Over $11B in Bitcoin Held by 32 Companies: Crypto Treasuries Report appeared first on BeInCrypto.

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Bitcoin Corporate & Institutional Adoption: 34 publicly listed companies collectively own 186,421 Bitcoins worth $7 Billion

While everyone was selling off their share of bitcoin in the last few months, thinking it was the start of a bear cycle, many corporates and well-known institutions capitalized on the low prices and added a substantial number of bitcoins to their balance sheet.

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South Korean Company Crypto Holdings Pass 10 Billion Won

Local media outlets report that several well-known South Korean companies are holding cryptocurrencies as intangible assets, demonstrating the growth of the market. The post South Korean Company Crypto Holdings Pass 10 Billion Won appeared first on BeInCrypto.

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Ethereum market cap hits $337 billion, surpassing Nestle, P&G and Roche

The value of the Ethereum network soared above major companies such as Nestle and P&G after its market cap hit a new high at $337 billion.

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Crypto industry got more funding in Q1 2021 than all of last year: Report

Three companies in the crypto and blockchain industry have already raised $1.1 billion this year.

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129 Cryptocurrency Startups Raised $2.6 Billion in Q1: CB Insights Report

Venture capitalists are pouring money like crazy into cryptocurrency-related companies, according to CB Insights. In the first half quarter of 2020, $2. 6 billion was raised by 129 startups focused on the blockchain.

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Ripple's CTO claims Bitcoin is doomed to fail its 'most important mission'

With a market capitalization of over $900 billion, Bitcoin, the world's largest cryptocurrency, has secured acceptance among several mainstream investors and companies. However, it would seem that RipThe post Ripple's CTO claims Bitcoin is doomed to fail its 'most important mission' appeared first on AMBCrypto.

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SkyBridge Capital CEO says Elon Musk owns over $5 billion in Bitcoin through Tesla and SpaceX

Electric car giant Tesla’s $1. 5 billion investment in Bitcoin is less than one-third of the total crypto reserves held by Elon Musk and his companies, Anthony Scaramucci, CEO of investment firm SkyBridge Capital, asserted today.

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VulcanVerse Takes NFTs to Next Level With Amazing Graphics, Gameplay and Lore

The NFT industry has been exploding recently with all types of artists, sports brands and gaming companies joining the party. As a result, the top 100 NFT tokens by market cap are now worth well over $7 billion.

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Crypto Valley's top companies up 680% in value since mid-2020

Switzerland’s Crypto Valley is continuing to grow despite the Covid-19 pandemic, with its top 50 companies increasing in value by more than $200 billion in less than one year.

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BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion

Since the company Microstrategy shifted a lot of its treasury reserves into bitcoin, a great number of companies have followed the firm’s lead. According to the web portal, bitcointreasuries.org, data shows that 42 companies are now represented on the list and the businesses hold more than $65 billion worth of bitcoin. The Corporate Bitcoin Stash- […]

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Tesla has Already Made $1 Billion on its $1.5 Billion Bitcoin Investment

Equity analyst Dan Ives expects about 5% of public companies to follow the same route as Tesla until more regulatory clarity comes. The post Tesla has Already Made Billion on its .5 Billion Bitcoin Investment first appeared on BitcoinExchangeGuide.

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Coinbase processed Tesla’s Bitcoin purchase, more Fortune 500 companies rumored to be under its belt

Leading Cryptocurrency Exchange Coinbase has been credited with the facilitation of Tesla’s $1. 5 billion Bitcoin purchase, which has since set a new standard for newcomers, while also singlehandedly driving Bitcoin’s price upward, and adding to the bullish market sentiment shared by members of the Bitcoin community.

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Microsoft has no plans to invest in Bitcoin, says President Brad Smith

After Tesla’s $1.5 billion Bitcoin purchase, many in the crypto-community expected more Fortune 500 companies to soon follow suit. In fact, a host of names such as Apple, Oracle, and Microsoft were The post Microsoft has no plans to invest in Bitcoin, says President Brad Smith appeared first on AMBCrypto.

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BeInCrypto Weekly News Round-Up: February 12, 2021

One of the world’s largest companies, Tesla, purchased $1. 5 billion worth of bitcoin (BTC) from its cash reserves. Run by the prolific Twitter crypto troll and the richest man on Earth, Elon Musk, the announcement led to the highest price in BTC history.

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Analysts Expect Flood of Companies to Follow Tesla and Hold Bitcoin —Twitter Already Considering

Following Tesla’s move to invest $1. 5 billion in bitcoin, analysts are predicting that a flood of other companies will follow suit. Mad Money’s Jim Cramer thinks that all companies should put bitcoin in their balance sheets, and Twitter reveals that it is already looking into doing that.

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Amazon sets eyes on Mexico for digital currency project

After Tesla bought Bitcoin worth $1. 5 billion a few days ago, the cryptocurrency community has been monitoring other big names in the mainstream sector. Amazon has been touted as one of the companies that will forever change the way society sees cryptocurrencies trading and crypto-based transactions.

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Twitter Keen On Utilizing Bitcoin, CFO Says

News broke out on Monday that Tesla had bought up $1.5 billion in bitcoin, in a move that signaled that the business world was fully embracing cryptocurrency on a large scale. After the news broke, there was discussion about what companies might follow in their footsteps and invest significantly in bitcoin. According to a recent […]

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Is Apple Next to Buy Bitcoin? One Bank Recommends Converting Apple Wallet into a Crypto Exchange

At least 6% of all BTC, more than $50 billion, are already in corporate treasuries, with 19 publicly traded companies holdings just over $5.5 billion BTC. The post Is Apple Next to Buy Bitcoin? One Bank Recommends Converting Apple Wallet into a Crypto Exchange first appeared on BitcoinExchangeGuide.

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Bitcoin held by public companies has surged 400% in 12 months to $3.6 billion

Public companies hold more than $3.6 billion worth of Bitcoin, technology research Kevin Rooke found.

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Crypto Futures Exchange Bakkt Going Public at a Valuation of $2.1 Billion

Bitcoin futures exchange Bakkt is going public via a merger with VPC Impact Acquisition Holdings, a special purpose acquisition company (SPAC) created for taking startup firms public. Both companies have now confirmed the transaction, and will be listed on the New York Stock Exchange (NYSE) under a new name – Bakkt Holdings Inc., – sometime […]

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Bitcoin Closes in on JPMorgan’s $364 Billion Market Cap

Bitcoin is closing in on its all time high price and is closely being tracked across the entire financial space. The largest cryptocurrency is now getting ready to pass and contend with some of the largest non blockchain-related companies in the world.

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JPMorgan believes more companies will invest in Bitcoin

The leading investment bank estimates that institutions will inject about $600 billion into Bitcoin… The post JPMorgan believes more companies will invest in Bitcoin appeared first on Coin Journal.

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JPMorgan Estimates Institutions Could Put $600 Billion Into Bitcoin

JPMorgan expects more insurance companies and pension funds to get exposure to Bitcoin

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Companies Now Own Almost 1 Million Bitcoins Worth ~$16 Billion

It seems as if almost every week new companies are allocating a portion of their treasury reserve assets to bitcoin. This increased drive in corporate adoption across a variety of industries and sectors may bode well for the emerging asset class and the crypto that leads them.

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Corporate Bitcoin frenzy: Companies now hold $15.3 billion in BTC

Companies now hold over 842,000 BTC, which at the current Bitcoin price of $18,200, is worth $15.3 billion.

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China Construction Bank to Sell $3 Billion Debt Bond on Blockchain

Blockchain technology has given companies the opportunity to move from traditional operating methods to simpler methods. The latest developments in China confirm this point. $3 Billion Bond Set for Sale via Bitcoin China Construction Bank, the world’s second-largest bank, announced plans to sell $3 billion in debt to the public through Bitcoin.

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Bitcoin at $15K is now bigger than PayPal, Coca-Cola, Netflix, Disney

Bitcoin surged from $190 billion to around $280 billion in recent months, surpassing some big-name companies, including banks, by market capitalization.

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Is it all good news when institutions invest in Bitcoin?

According to a recent report by LongHash, public companies in the U.S. now own $10 billion worth of Bitcoin – something that can be accredited to increased investment as well the cryptocurrency’s The post Is it all good news when institutions invest in Bitcoin? appeared first on AMBCrypto.

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Apple Can Buy 145k Bitcoin With Just 1% Of Its $191 Billion of Dollars Held in Cash

Apple has a total of $191.83 billion cash on hand, down from quarter third of 2020, when it was $193.8 billion. Apple is known for having one of the largest cash piles among the companies. At Bitcoin’s current price of $13,300, if the tech giant Apple, hypothetically, decides to buy as much BTC as it […] The post Apple Can Buy 145k Bitcoin With Just 1% Of Its 1 Billion of Dollars Held in Cash first appeared on BitcoinExchangeGuide.

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Companies Have Now Invested $10 Billion in Bitcoin

Publicly traded companies and other businesses currently hold some $10 billion worth of bitcoin. Cutting edge MicroStrategy inc. has the most at half a billion dollars, followed by asset management...

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$10 Billion in BTC Reserves: Companies With Bitcoin Treasuries Command Close to 4% of the Supply

The web portal bitcointreasuries. org now shows close to two dozen firms with a large number of bitcoin reserves. Currently, the aggregate total bitcoin held in reserves by the 23 companies listed is roughly 785,999 BTC worth well over $10 billion dollars.

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Billion Dollar Companies Highly Interested in DeFi, Finds Crypto.com Study

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Bitcoin Held By Public Companies Now On Par With Past Market Cap

The Bitcoin market cap is hovering at roughly $211 billion currently, but four years earlier, it was a meager $6.8 billion. This figure matches the BTC supply public companies now hold alone, and it could provide the “writing on the wall” regarding what to expect in terms of the asset’s future growth. Bitcoin Matures Into […]

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Public companies hold almost $7B in Bitcoin in heads-up to Grayscale

Grayscale’s $5.1 billion in Bitcoin under management is fast being challenged by firms including CoinShares and MicroStrategy.

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If all U.S. companies followed Square, $250 billion would enter Bitcoin

This past week, United States fintech giant Square made mainstream media headlines when it deployed $50 million worth of its cash to purchase Bitcoin. The post If all U.S. companies followed Square, $250 billion would enter Bitcoin appeared first on CryptoSlate.

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8 Public Listed Companies are Holding Bitcoin in Treasury; Who Will Be Next?

Today, there is a lot of green in the crypto market. In the past 24 hours, nearly $15 billion has been added to the overall crypto market cap. And all of this has been because of a nice pop up in Bitcoin.

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New York attorney general demands financial documents from Tether

The New York Attorney General's Office is insisting that Tether and Bitfinex provide financial documents relating to the nearly $1 billion loan. New York prosecutors accused both companies of concealing losses.

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